The electric vehicle startup’s shares have tanked nearly 80% so far this year. The electric vehicle startup’s shares have tanked nearly 80% so far this year. The stock was especially hard-hit after CNBC reported over the weekend that one of Rivian’s two biggest corporate investors, Ford, would sell 8 million of its 102 million shares…
Category: investment
No Value Levels Increases The Downside Risk For The S&P 500
The S&P 500 failed to hold its annual pivot at 4,383 at the open on April 22, which can be viewed as a sell signal. The S&P 500 had a 48.9% gain from its October 30, 2021 low of 3,234 to the high of 4,818 set on January 4. The close below the 50-day simple…
CryptoCodex: Crypto Now Braced For A Coinbase Bombshell After Bitcoin And Ethereum Price Collapse
The following is an excerpt from the daily CryptoCodex email newsletter. Sign up now for free here… The bitcoin price has this morning dropped to under $33,000, down more than 20% over the last 30 days. Terra’s luna is struggling despite moves from the Luna LUNA Guard Foundation and Terra Labs to shore up the…
Why Are Investors Bullish On Paychex Stock?
Returns of -3.5% or lower over a five-day period on 218 occasions out of 2516 (9%); Stock rose in the next five days in 124 of these 218 instances (57%). After observing a sell-off in early January, the stock again observed a dip in recent weeks. over a five-day trading period, compared to the broader…
Texas Home Appraisals Are At An All-Time High. Should You Protest?
Hundreds of thousands of homeowners in Texas appear ready to make their voices heard after receiving their 2022 home appraisals. Texas Has The Sixth-Highest Property Taxes In The U.S. Texas famously has no income taxes, but it still has school, hospitals, highways and more that need to be funded. Record Number Of Home Appraisal Protests…
‘Extreme Fear’ Crypto Crash Suddenly Wipes $200 Billion From The Price Of Bitcoin, Ethereum, BNB, XRP, Luna, Solana, Cardano And Avalanche
Bitcoin, ethereum and other major cryptocurrencies have fallen sharply, wiping around $200 billion from the crypto market in just a matter of days. Bitcoin BTC , ethereum and other major cryptocurrencies have fallen sharply, wiping around $200 billion from the crypto market in just a matter of days (though some fear the bitcoin price could…
The Best Mid-Cap Dividend Stocks For 2022
Mid-cap dividend stocks are the best bargain on the board right now. Meanwhile many great under-the-radar mid-cap stocks sit between $2 billion and $10 billion in market capitalization. But there’s a large number of longstanding mid-cap dividend growers, and they’re recognized by inclusion in the lesser-known S&P MidCap 400 Dividend Aristocrats. For instance, a $1.50-per-share…
Analyst Believes Bitcoin Could Soon Fall To $30,000
Carter Braxton Worth, a technical analyst, believes that Bitcoin could break below its support levels and soon fall to $30,000. A bunch of golden bitcoin, digital currency gettyOver the past week Bitcoin BTC has fallen 10% from about $38,500 to around $34,500. Carter Braxton Worth, founder of Worth Charting, believes that Bitcoin could quickly fall…
Dr. Fauci Diagnoses China’s Bad Economic Habits
China’s stubborn embrace of lockdowns is out of step with the Omicron phase of the pandemic. As Bremmer argued in January: China’s stubborn embrace of lockdowns is out of step with the Omicron phase of the pandemic. HECTOR RETAMAL/AFP via Getty ImagesJust as with personal health, bad economic habits die hard. “We see countries with…
Ask Larry: Will The 2022 COLA Apply To Benefit Rates For People Born In 1960?
Today’s Social Security column addresses questions about who will and who will not have the 2022 COLA applied to their benefit rates, what happens to divorced spousal benefits when an ex dies and whether SSA actually overpaid benefits. Such COLA increases are added to your benefit rate regardless of whether or not you start receiving…