Sovereign wealth funds (SWFs) are key players in today’s financial markets. These state-controlled entities are means through which nations make investments, by squirrelling away excess revenues. They are mostly based in emerging markets and are meant to provide long term economic stimulus or bring stability to the finances of a government. But despite sharing […]
Stock market
The US Residential Real Estate Market Lost a Few Whales
If you follow the US real estate market at all, you’ve probably heard about these “iBuyer” (instant buyer) programs started by some of the large real estate data companies like Zillow and Opendoor. The idea is that these firms hire really smart quantitative researchers who can create real estate pricing models that can accurately […]
What is an S-1 Filing?
You’ve probably seen headlines like “Rivian Files S-1 With SEC to Go Public,” and wondered what an S-1 filing is. You see, if you want to sell a security like a stock or bond to the US public on an exchange like the NYSE, you have to register those securities with the SEC. And […]
What Are Units and How Do They Work in the Stock Market?
Wall Street is home to all types of securities and strategies that traders can use to make some extra cash. One of the lesser-common securities is the unit, which offers traders some flexibility down the road to capitalize on good market conditions. Below, we are going to talk about units and why companies offer […]
Rivian IPO: A Quick Rundown
Rivian, the much-hyped EV maker touted as a “Tesla Killer ” by some, went public today (Wednesday, November 10) opening at $106, well above its pricing of $78, making the IPO a massive success so far. The company primarily makes electric light trucks; a pickup truck (R1T) starting at $67,500 and an SUV (R1S) […]
How Avis Broke the Dow Jones Transportation Average
Avis (NASDAQ: CAR), the rental car company, is a meme stock now. This is the same company whose bonds yielded 22% just 18 months ago due to fears of it following competitor Hertz into bankruptcy. And meme stocks have consequences. Just as GameStop changed the landscape of short-term trading in January of this year, […]
Why Facebook Is Renaming Itself “Meta”
Last week, Facebook (NASDAQ: FB) announced that it was reorganizing and changing the name of its company. On the surface, this is a puzzling move. Why would the social media giant embrace a new, unknown name instead of Facebook, a brand with remarkable presence and awareness? Some companies have done just the opposite. For […]
Remembering the Legendary Volkswagen Short Squeeze
Updated: 11/5/2023 In October of 2008, shares of Volkswagen more than quadrupled in two days, briefly making the German automaker the most valuable company in the world. This has now been recorded as one of the largest short squeezes in modern trading history. It has been reported that hedge funds that held short positions lost […]
How To Handle Stocks You Don’t Trade Well
Many trading pundits claim that you can use the same trading strategies and tactics across all stocks, bonds, or any asset. In other words, they claim you should be able to trade Apple stock in the same way that you’d trade the Russian Ruble. Besides the fact that there are literal differences between the […]
The Phillips Curve: What Does It Tell Us About Inflation?
The Phillips Curve has come back into the spot light. U.S. inflation level is running high this year, with several major consumer price barometers soaring faster than they have in years. Every major official measurement of inflation has surged in 2021, particularly the consumer price index (CPI). According to recent data released by the […]