Retirees and near-retirees have every reason to gloat over the stunning losses that meme stocks have suffered in recent weeks. That’s because earlier this year, when meme stocks were all the rage, the graybeards were dismissed as irrelevant has-beens. They just didn’t “get” the meme stock phenomenon; their concerns about earnings and balance sheets were […]
Read MoreIllustration by Laurent Duvoux Jobs are plentiful; workers are in short supply. And their scarcity is having far-reaching effects on the labor market. Every student of economics learns the diamond-water paradox—that although water has more intrinsic value for our survival, diamonds command a higher price because of their relative scarcity. Less than two years after […]
Read MorePhoto Illustration by Sam Kelly; Dreamstime (2) The average energy stock is on track to gain more than 50% this year, a stunning result for a sector that has lagged far behind the market for most of the past decade. Prospects are looking good for 2022, too, particularly in oil. International crude prices have risen […]
Read MoreThis stock with its subsidiaries, provides COVID-19 testing and genetic testing services to physicians with clinically actionable diagnostic information. Its technology platform integrates data comparison and suppression algorithms, adaptive learning software, and genetic diagnostics tools and integrated laboratory processes. FLGT $100.7700 9.4800 % 10.3800 Fulgent Genetics Inc Sector : Medical Industry : Medical Information Systems […]
Read MoreElbit Systems Ltd. (ESLT) Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for defense, homeland security, and commercial aviation applications primarily in Israel. The company offers military aircraft and helicopter, commercial aviation, unmanned aircraft, electro-optic, night vision, countermeasures, naval, land vehicle, electronic warfare and signal intelligence, commercial […]
Read More(Bloomberg) — The S&P 500 Index is poised to end higher for the third year in a row, having added more than 20% so far in 2021. Another rally in 2022 would make for a four-year winning streak, which has happened only five times in nearly a century. Analysis shows a three-year streak — like […]
Read More