INVEST IN YOURSELF
Written by: Angela Akers Talk of a recession resurfaced late last week following some downtrodden economic data and Friday’s sell-off continued Monday. As I’m sure you’re all aware, the rest of this week has been a rollercoaster ride. Just 7 trading days into August, the Major Indices have lost an average of 3.8% and the Price of the VVC [...]
Weekly Market Recap: A Rollercoaster of Economic Sentiments
Monday: Recession Fears Hit Hard - The week kicked off with concerns about the economy sparking fears of a recession, leading to a sharp decline in the major indexes. The Dow, S&P 500, and Nasdaq fell by 2.6%, 3.0%, and 3.4% respectively, setting a gloomy tone. Tuesday: Hopes of Interest Rate Cuts Spur Rally - Market sentiment shifted positively [...]
Covered Calls for Income
There are many ways to make money with options, but perhaps the easiest and most effective is by selling covered calls for income. Not only does this strategy allow you to earn premium income, but you still benefit from marginal stock price increases. That being said, learning how to sell options through a covered call strategy can also be complex. [...]
TSMC Saw 45% Revenue Growth in July, On Track for Q3 Forecast: It’s Not Time to Buy TSM, Though
Taiwan Semiconductor Manufacturing Company (TSM) gave an update on its revenue performance for the month of July this Friday morning, which initially sent shares 3% higher. Since the market opened, though, they’ve stayed around even on the day. The chip manufacturer’s $7.9 billion in sales worked out to a 45% growth in revenue. This has given the AI industry [...]
Nasdaq Technical Analysis: How to Analyze the Nasdaq or its Indices
Whether you’re trading individual stocks on the Nasdaq or its indices, having a reliable approach for how to analyze a stock before buying can make or break your success. Proper Nasdaq technical analysis helps you uncover winning opportunities on a consistent basis while informing your buy and sell decisions and timing your trades to perfection. That’s why we’ve compiled this [...]
Eli Lilly Climbs 8% on Impressive Earnings and Upbeat Outlook as Drug Sales Surge: Time to Buy?
Eli Lilly & Co. (LLY) is up more than 8% so far Thursday morning after reporting second-quarter earnings that easily surpassed the Wall Street consensus. The company also raised its guidance for the full year. The drugmaker posted adjusted earnings per share of $3.92, well ahead of the $2.60 that was expected by analysts. Revenue of $11.30 billion also [...]