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Last Minute Thought: Buy or Sell Micron Before Earnings?

Despite the recent volatility, many names in the semiconductor sector have mounted outsized gains since the historic March lows. But not memory giant Micron (MU). Weighed down by macro elements which have resulted in a lack of demand and the loss of a major source of revenue due to the ban on Huawei, MU shares are still in the red for 2020. Micron will have an opportunity to reverse course when the company releases F4Q earnings after the market closes today. The company has already pointed out what to look out for in a recent business update. Most concerning for …read more […]

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Fire in California Wine Country Forces Evacuation of Entire Town

(Bloomberg) — A wildfire that jumped across California’s famed Napa Valley forced the evacuation of an entire wine country resort town and threatened thousands of homes in a region devastated by blazes just three years ago.The Glass Fire north of San Francisco reached more than 42,500 acres as of Tuesday morning, nearly quadrupling in size over 24 hours, and is 0% contained, according to the California Department of Forestry and Fire Protection, or Cal Fire. A second fire that erupted in Shasta County has killed at least three people.The blazes broke out after a weekend of hot weather with dry …read more […]

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The Other Tech Boom

It’s been a good pandemic for the U.S. tech giants.
The Nasdaq, which is dominated by the tech leaders, has surged 27.7% since the start of the year.
Conventional wisdom has it that U.S. tech giants like Apple, Amazon, Facebook, Google and Microsoft will continue to dominate the internet.
And for most of the internet world, this is true.

Click here to watch Nicholas’ latest video update.
Yet there’s a whole other internet boom out there.
Its size easily rivals that of the U.S.-based one…
But you hear few investors talking about it.
It’s the internet boom taking place in the second-largest economy in the world: China.
Luckily, thanks …read more […]

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Electric Vehicle Demand Will Spark Lithium Mining Reinvention

(Bloomberg) — Lithium producers must reinvent mining methods for the key metal used in rechargeable batteries to meet rising demand from the electric-vehicle industry, according to Standard Lithium Ltd.’s top executive.“The industry’s going to have some challenges as higher purity lithium compounds are required — they’re going to have to reinvent themselves,” Standard Lithium Chief Executive Officer Robert Mintak said in a phone interview. “We’re not going to be saddled with 20-year-old processes and refining capabilities.”The soft silvery-white metal is a vital ingredient in rechargeable batteries of electric vehicles, including those made by Tesla Inc., and Mintak sees both challenges …read more […]

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2 “Strong Buy” Space Stocks That Are Ready for Takeoff

Space, the final frontier. Throughout history, the expanse that exists beyond Earth has captivated people all over the world, with space exploration continuing to take giant leaps forward since Apollo 11 first landed on the moon.Now, outer space has peaked Wall Street’s interest. Given the high levels of private funding and advances in technology, the pros argue there could be major implications should space become more accessible and less expensive to reach. To this end, new markets such as satellite broadband, high-speed product delivery, reusable rockets and human space travel are emerging.Speaking to the potential opportunity, according to a recent …read more […]

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Should I Buy Cleveland-Cliffs Inc (CLF)?

The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of June 30th, when the S&P 500 Index was trading around the […] …read more […]

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Day Trading for Beginners in the Stock Market

Day trading for beginners in investing isn’t a simple task. While the idea seems self-explanatory, there’s actually a lot of time and effort that goes into the process. Day traders spend countless hours studying stocks and the flow of orders coming in and out.
Therefore, what does it take to become a day trader? And is this a viable means of income on a permanent basis? Let’s take a closer look at this popular investment strategy.

Definition of Day Trading for Beginners
Before you can decide if day trading is right for you, it’s important to understand the concept to the best of …read more […]

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JPMorgan Pays $920 Million, Admits Misconduct Over Spoofing

(Bloomberg) — JPMorgan Chase & Co. admitted wrongdoing and agreed to pay more than $920 million to resolve U.S. authorities’ claims of market manipulation in the bank’s trading of metals futures and Treasury securities over an eight-year period, the largest sanction ever tied to the illegal practice known as spoofing.The New York-based lender will pay the biggest monetary penalty ever imposed by the CFTC, including a $436.4 million fine, $311.7 million in restitution and more than $172 million in disgorgement, according to a statement from the Commodity Futures Trading Commission. The CFTC said its order will recognize and offset restitution …read more […]

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Hedge Funds Are Selling Cinemark Holdings, Inc. (CNK)

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]

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Hedge Funds Are Plowing Into Limelight Networks, Inc. (LLNW)

The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of June 30th, when the S&P 500 Index was trading around the […] …read more […]

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CymaBay Therapeutics Inc (CBAY): Hedge Funds Are Snapping Up

The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of June 30th, when the S&P 500 Index was trading around the […] …read more […]