What a Reverse Stock Split Usually Signifies About a Company
What does a reverse stock split usually signify about a company? According to Investopedia, a reverse stock split may signify a company is in distress since it raises the value of otherwise low-priced shares. A reverse stock split is a strategy…
SPY Stock Continues to Make Lower Lows and Lower Highs
Looking at the SPY for the year and we see that the market continues to make lower lows and lower highs. SPY stock took a big hit on Wednesday during JPOW’s speech, dropping from $405 to as low as $396. The index closed at $399.40 but continues to…
These Hedge Funds Have Been Wiped Out in 2022
Which hedge funds have been underperforming in 2022? Hedge fund Tiger Global Management is down -54% for the year despite gaining 1.4% in November according to Bloomberg sources. Persons familiar with the matter say the firm’s long-only fund rose…
Stocks Are Trading Sideways: Is Now Time to Buy?
Stocks are trading sideways, indicating there is indecision in the market. Despite its macro downtrend this year, the S&P 500 (SPY stock) is retesting its $400 levels after coming down significantly to $350. As the market sees some bounce,…
Is Now the Time to Buy or Sell in The Market?
The markets seem to be nowhere near a bounce as both stocks and crypto freefall; is now the time to buy or sell in the market? If you’re part of the small percentage that’s in profit, maybe liquidating has come through your mind. Especially…
