Tag Archives: hard

A version of this post was originally published on TKer.co. Picking stocks in an attempt to beat market averages is an incredibly challenging and sometimes money-losing effort. In fact, most professional stock pickers aren’t able to do this on a consistent basis.¹ One of the reasons for this is that most stocks don’t deliver above-average returns. According to S&P Dow Jones Indices, only 22% of the stocks in the S&P 500 outperformed the index itself from 2000 to 2020. “When a randomly… Source link

Oil prices have come down way too fast on Omicron variant concerns, says Goldman Sachs oil strategist Damien Courvalin. In fact, the price correction is borderline comical, per Courvalin’s calculations.  “The lack of discretionary buying activity in the face of an uncertain new COVID variant has therefore left prices in free-fall and pricing in a dire demand outlook. We estimate based on our pricing model, that the market has now priced in a mammoth c.7 mb/d [millions of barrels per day]… Source link

A day after Boston Beer shares were drilled again amid a second straight earnings warning at the hands of a slowdown in the hard seltzer market, most analysts are staying cautious on the stock at least until 2022.  “Even if the news is an immediate negative, we think management is attempting to be more transparent about what it is seeing after getting significant pushback from investors last quarter. Ultimately, it should help the stock to stabilize and find its bottom, but we don’t expect… Source link

At a laboratory inside a Google data center in Mayes County, Oklahoma, researchers spent the fall of 2019 disassembling old hard disk drives by hand in order to extract a 2-inch-long component known as the magnet assembly. Consisting of two powerful rare earth magnets, the magnet assembly is a critical muscle within the hard drive, controlling an actuator arm that allows the device to read and write data.  Over the course of six weeks, the scientists harvested 6,100 of these… Source link

Bottom line: The hard seltzer boom is over. Shares of Boston Beer crashed 20% in pre-market trading on Friday as the maker of Truly hard seltzer and Sam Adams badly whiffed on its earnings expectations and slashed full-year guidance. The culprit: Execs overestimated the potential of the hard seltzer market, which continues to slow amid rising competition and people returning to bars coming out of the COVID-19 pandemic as Yahoo Finance has reported.  “We overestimated the growth of the hard… Source link

One of the most widely used charts for predicting massive future bitcoin price gains is showing the largest divergence since January 2019.  The bitcoin stock-to-flow model currently suggests that the price of bitcoin should be around $77,900. But as of Monday, the cryptocurrency was trading at $33,668, well off the all-time high price of $64,829 reached in April.  Crypto analyst ‘PlanB’, who has been documenting his stock-to-flow model since March 2019, tweeted that BTC/USD is now the… Source link

As lawmakers offer dueling infrastructure proposals in an effort to get a bipartisan bill across the finish line, New Mexico Senator Martin Heinrich (D) is looking to a different option: pushing forward with the president’s climate priorities, through budget reconciliation. In an interview with Yahoo Finance Live, Heinrich said the infrastructure package and climate initiatives will likely “move in parallel” given the lack of Republican support for a broader $2 trillion proposal, focused… Source link

TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link

Bloomberg World’s Best Rally Has Morgan Stanley to Newton Eyeing Europe (Bloomberg) — For so long the laggards of global equity markets, European stocks are back in favor and with the likes of Credit Suisse Group AG and Morgan Stanley joining an increasingly bullish chorus, investors are taking note.The Euro Stoxx 50 Index of eurozone blue-chips is up 13% so far in 2021, outperforming the S&P 500 in the opening five months of the year for the first time since 2017 and topping all other… Source link

Constellation Brands (STZ) is taking the gloves off and hitting back at Anheuser-Busch (BUD) after it filed a lawsuit trying to stop the use of the name Corona being used on a new line of hard seltzer.  “We believe it’s without merit [the lawsuit]. We filed a motion to dismiss this week. It will probably take a few months for that to get ruled on. But we are totally within our sub-license agreement. This certainly looks like an attempt to damage somebody that is doing a lot of damage in the… Source link