The stock market will be watching these earnings numbers. This is why your portfolio is so important.
Corporate earnings season has just begun, and the fourth-quarter results that will stream over the next couple of weeks could be as well Very important for investorsAs Tommy Kilgore explains.
Mark Hulbert looks at An important trend that we hope will not reverse this earnings season.
More coverage as earnings season begins:
The electric vehicle market is in a state of flux
Xpeng’s P5 electric car.
AFP via Getty Images
Tesla,
It is taking steps to maintain its leading market share in electric vehicles. The company’s fourth-quarter discount was announced as an interim step to improve sales when potential buyers were likely to wait until 2023 for new federal tax credits to begin. But now Tesla has started A new round of price cuts of up to 20% on Model 3 and Model Y vehicles.
Take Claudia Assis A closer look at what price cuts might mean for Tesla’s financial performance.
Further coverage of developments in the electric vehicle market:
Mimi stock is heating up again
Shares of Bed Bath & Beyond are up 88% this year through Jan. 12, even though the retailer is considering filing for bankruptcy.
Joe Riedel/Getty Images
For those of you who thought the stock meme craze might have ended when the long bull market petered out early last year, the wild run continues. Consider Bed Bath and Beyond BBBY,
: company May file for bankruptcyBut its share price is up 88% this year.
According to the most recent information available from FactSet, half of Bed Bath & Beyond’s available shares have been sold short. This high percentage of traders who bet on a drop in the share price has set up a Short press – Scramble to buy stocks to cover their short positions, which causes stocks to rise.
In his daily email to clients on Jan. 13, Matthew Tuttle of Tuttle Capital Management wrote that people who made money by shorting stocks during 2022 were getting the cold shoulder and that the “accumulation in meme stocks” was a bullish sign for the overall market. Then he added a note of caution in light of the Federal Reserve’s tightening of monetary policy to combat inflation.
Here are six popular M stocks ranked by percentage shorted, showing price changes for the three periods through January 12:
|
company |
ribbon |
Short interest/float rate | 2023 price change | 2022 price change | Pricing has changed as of the end of 2021 |
|
Carvana Class A Company |
CVNA, |
58% |
69% |
-98% |
-97% |
|
Bed Bath & Beyond Inc. |
BBBY, |
50% |
109% |
-83% |
-64% |
|
Beyond Meat Inc |
BYND, |
40% |
34% |
-81% |
-75% |
|
Coinbase Global, Inc. Class A |
Currency, |
27% |
34% |
-86% |
-81% |
|
Game Stop Corp. Class A |
GME, |
23% |
12% |
-50% |
-44% |
|
AMC Entertainment Holdings Inc. Class A |
AMC, |
22% |
23% |
-85% |
-82% |
|
Source: FactSet |
|||||
Despite the impressive returns for the first half of January, the long-term numbers show the losers these stocks were. Jumping on shorted stocks in hopes of quick gains requires excellent timing.
Inflation is not cool, but it is cooling
The inflation numbers have been improving, but you still might experience sticker shock at the grocery store.
Getty Images
US consumer prices fell 0.1% in December from the previous month – Its first consecutive decline since 2020.
This setup Expectations that the Fed will slow interest rate increases On February 1st.
then again, Some investors were disappointed by the dataAnd Prices of some food items are expected to continue to rise.
here investment idea In order for inflation to continue to rise in 2023.
Real estate market slowdown and rebound operation
The volume of real estate transactions greatly reduced from record highs in 2021 as the Federal Reserve raises interest rates in 2022.
During any housing-related slowdown, investors will send homebuilders stocks lower. Last year, the S&P Composite 1500 homebuilding industry group tumbled 24%, with dividends reinvested, according to FactSet. But so far this year, that group of stocks is up 9.6%. here Why these stocks might have more room to run.
More housing and related coverage:
The crypto world keeps spinning
Terrence Horan, Dow Jones
In this week Ledger distribution Column, Francis Yu is about events in the world of virtual currencies, incl inflation effect on BTCUSD,
price and Sam Bankman-Fried’s inability to follow his lawyer’s advice and remain silent.
Do you have a retirement account? Here’s when the IRS wants to get paid.
New rules about retirement account distributions may make the IRS less forgiving if you make a mistake.
Getty Images/iStockphoto
Regulations on retirement account withdrawals, deadlines, and penalties have changed, and they may be affected. here The new rules And here Advice on what to do if you forget to take the required minimum distribution.
More on retirement savings and planning:
Speaking of the IRS – have you neglected to file?
Better late than never.
MarketWatch / iStockphoto illustration
Andrew Keshner writes the man taxes column. This week, the reader who didn’t report noncompensated income for 2019 helps. Here How to Correct the Mistake of Not Filing with the IRS and Reduce Pain.
Don’t steal government money
Lukas I. Albert writes financial crime column. Here’s a story A man misused millions of dollars in federal COVID-19 aid and received harsh punishment.
Read on: Old Defenders – Prosecutors remove fake priests who targeted immigrants in $28 million Ponzi scheme
The next big technological wave may be artificial intelligence
We may soon be talking to AI characters as part of our Internet searches.
AFP via Getty Images
You may have heard of OpenAI’s ChatGPT, and you can try the technology yourself here. The initial launch of this new AI technology has been so successful that Microsoft MSFT,
in consideration A new investment of $10 billion in OpenAI, according to a Bloomberg report, after providing $1 billion in seed money in 2019.
Eureka Dujmovic reports on How can Google take advantage of similar technology To get its search engine up and running How artificial intelligence is changing the way movies are made.
More tech news:
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