Below is a quote from Alex Adelman, CEO and Co-founder of Lolli, the leading bitcoin rewards application, on the recent ruling for Grayscale against the SEC in a D.C. court. Grayscale’s Win Against The SEC “Grayscale’s victory against the SEC in court this week is a milestone for the bitcoin ecosystem and suggests that bitcoin...
Category: Investments
Bunzl – Easing Inflation Gives Margins A Boost, But It’s A Double-Edged Sword
Half-year revenue rose 4.5% to £5.9bn, up 0.6% at constant currency Adjusted operating profit rose 6.5% to £438.3m, up 2.5% at constant currency Dividend up 5.2% to 18.2p 12 acquisitions announced year-to-date A Double Edged-Sword For Bunzl Bunzl plc (LON:BNZL) generates most of its revenue and profit outside the UK, with the US a key...
Tech Is Still The Tail Wagging The Dog
In his Daily Market Notes report to investors, Louis Navellier wrote: Stocks build on the month-end rally as yields continue to fall modestly. Bipolar Market Markets continue to rally on the sentiments of forecasts of the Fed’s intentions of making further rate increases. After Powell spoke last Friday, another increase was forecast at 56% and today has...
Host of Hedge Fund Favorites Found in These ETFs
Ordinary investors often ascribe a level of glamour to hedge funds. After all, these investment vehicles are typically the territory of big money market participants, including endowments, pensions, and ultra-high-net-worth clients. Retail investors’ enthusiasm for hedge fund access is palpable. Some ETF issuers have introduced products that mirror hedge fund strategies. However, investors looking to...
Payroll Revision To Finally Fix The Bogus Seasonal Adjustments
In his podcast addressing the markets today, Louis Navellier offered the following commentary. If you wish to listen to this commentary, please click here. Fixing Payroll This week we hope to get some clarity on payroll growth, since ADP and the Labor Department have been far apart in the past couple of months, especially on manufacturing...
The Court Sides With Grayscale In A Lawsuit Against The SEC – Commentary
Below are comments from Greg Moritz, Chief Operating Officer at the crypto Hedge Fund AltTab Capital. The U.S. Court of Appeals for the D.C. Circuit paved the way for bitcoin exchange-traded funds this afternoon, as the court sided with Grayscale in a lawsuit against the Securities and Exchange Commission, which had denied the company’s application...
Frustrated By Rental Housing Junk Fees? A White House Consultant Breaks Down What You Need To Know.
The White House has recently expanded its fight against junk fees to the realm of rental housing. Jonas Bordo of Dwellsy, who consulted with the administration on its new initiative, breaks down this often-confusing topic. Los Altos, CA (August 2023) – If you’ve ever rented what you thought was a great apartment at a reasonable...
Gold Stocks: Make History Rhyme In Your Favor
They say that the history rhymes and that’s generally true. Sometimes, the rhymes are almost identical. Like right now in the miners. You see, the thing (that I let my subscribers know about in yesterday’s intraday message) is that the move higher that happened yesterday in the mining stocks is in perfect tune with what...
Nvidia Has Finally Gotten Legs
In his Daily Market Notes report to investors, Louis Navellier wrote: With earnings season in the rearview mirror, and the Fed quiet for the time being, we’re back to focusing on interest rate movements and general economic data to get indications on the likelihood of a soft landing. While earnings season had a lot of “beats” they were...
Market Finds New Leadership As Nvidia Loses Momentum
In his Daily Market Notes report to investors, Louis Navellier wrote: Friday’s rebound continues on the open. Investors are ready to put August behind them. New Leadership The market is trying to find new leadership, as tech has taken a body blow when NVIDIA (NASDAQ:NVDA) shares lost momentum in the face of stellar earnings and...