To The Moon

After a turbulent 2022, the technology-heavy Nasdaq Composite Index has come roaring back in 2023, buoyed by recovering digital ad spending, cloud demand, and surging interest in artificial intelligence. The Nasdaq plunged over 35% last year in its worst decline since the 2008 financial crisis. But the index has already gained over 40% so far in 2023 as of December 22. According to historical data going back to 1972, the Nasdaq’s first full year of existence, the index has climbed an average of 19% in years following bear market rebounds. This suggests the current rally likely has further room to run in 2024. The recent revival of stock splits has also drawn investor attention to companies whose shares have split after periods of strong growth. Two stocks that fit the bill are Go

3 Blue Chip Dow Stocks To Buy And Hold Forever — American Money After a painful 2022, the major indexes have staged a dramatic recovery — with the S&P 500 rallying over 30% and the Dow Jones Industrial Average surging 26% to sit just 2.3% shy of its January 2022 peak. This powerful rebound has many sensing a new bull market emerging from the ashes of last year’s bear. And history shows determined long-term investors can realize enormous gains from sustained bull runs. Since 1929, the average bull market has lasted 3.5 times longer than the average bear. This highlights the wisdom of durable buy-and-hold approaches over fruitless market timing attempts. With this perspective, here are three best-in-breed

Table of Contents: What is the Dividend Capture Strategy? Understanding the Dividend Timeline Key Dates and Stock Price Movements Steps to Implement the Dividend Capture Strategy Real World Example Tax Implications Dividend Tax Rates Comparison Potential Risks and Downsides Dividend Capture Strategy Scorecard FAQs Introduction In a world of complex investing strategies, the dividend capture strategy stands out for its simplicity. The core concept involves buying and holding a stock just long enough to receive the dividend payout, then selling it afterwards. While easy to understand in principle, successfully implementing dividend capture on a consistent basis i

Table of Contents Introduction About Abrams Capital & David Abrams Abrams’ Value Investing Strategy Current Economic Climate Methodology for Choosing Stocks Abrams Capital’s Top 10 Stock Picks Camping World Holdings (CWH) Tempur Sealy (TPX) Willis Towers Watson (WTW) U-Haul (UHAL) Coupang (CPNG) Energy Transfer (ET) Meta Platforms (META) Alphabet (GOOG) Asbury Automotive Group (ABG) Lithia Motors (LAD) What Makes These Good Investments Advice for Investors FAQs Introduction Legendary value investor David Abrams has built immense wealth for his investors over the past two decades. His hedge fund firm, Abrams

A controversial statement signed by dozens of Israeli doctors condoning the bombing of hospitals in Gaza has exposed deep divides within Israel’s healthcare system. It highlights the barriers facing Palestinian physicians who want to speak out against the endorsement of attacks on medical facilities and loss of civilian life. The Incendiary Statement The statement in question encouraged the military to eliminate terrorism “in any way” even if it meant bombing hospitals serving as “terrorist headquarters.” Though some viewed this as a legitimate stance, many were disturbed by doctors advocating attacks on medical facilities likely to kill healthcare workers and patients. Six Palestinian doctors working in Israel decried the statement in an anonymous piece published in Al Jazeera. They

Gaza’s escalating humanitarian emergency has taken a grim turn as the territory’s central medical facility has been forced to halt operations due to lack of fuel. With power cut, newborn infants are dying unnecessarily amid the chaos of urban warfare. Neonatal Fatalities Reported As Al Shifa Hospital Loses Power Al Shifa Hospital in Gaza City, the enclave’s largest health center, has had to stop services after running out of fuel to operate its backup generators, Gaza health officials reported. Ashraf Al-Qidra, spokesman for Gaza’s Hamas-run health ministry, stated that at least two newborn babies dependent on incubators have died as a result of the electricity loss. He cautioned many more neonatal deaths could occur imminently if the dire power situation is not immediately resol

The stock market has shown resilience in recent weeks, overcoming a brief pullback and continuing its rally. Several top S&P 500 stocks are setting up with buy signals or nearing potential buy points. Nvidia, Costco, General Electric, Urban Outfitters and Datadog are among the stocks in focus. These companies span key sectors like technology, retail and aerospace. Their financial results and outlooks remain strong amid an uncertain economic environment. While inflation and interest rate hikes raise concerns about consumer spending, these leading stocks have found ways to drive growth. Their technical strength reflects ongoing demand from investors. Technology Leader Nvidia Builds New Base Nvidia (NVDA) has been the top-performing S&P 500 stock in 2023, gaining 230% year t

House Speaker Mike Johnson is proposing a two-step funding approach to keep the government open past November 17 and avert a shutdown. The plan sets separate deadlines for different agencies while avoiding controversial policy add-ons. With only days left before current funding expires, Johnson outlined his strategy in a conference call with House Republicans on Saturday. The “laddered” continuing resolution (CR) aims to bridge partisan divides and secure passage in the narrowly divided Congress. Johnson described the bill as “necessary” to enable further negotiations and avoid a disruptive shutdown. The stopgap CR would provide more time to finalize FY2023 appropriations while sidestepping hot-button issues. The Legislation: Two-Week Funding Extensions Typically, Congress passes shor

FBI Seizes New York City Mayor Eric Adams’ Phones and iPad in Ongoing Campaign Fundraising Investigation By Mezar Alee Published November 11, 2023 In a stunning turn of events, the Federal Bureau of Investigation (FBI) seized New York City Mayor Eric Adams’ personal iPhones and iPad on Monday night as part of an ongoing corruption probe into his campaign fundraising activities. The seizure of the mayor’s electronic devices signals an escalation in the investigation and raises serious questions about Adams’ potential involvement in improper fundraising schemes. FBI Agents Approach Mayor Adams on the Street According to sources familiar with the matter, FBI agents approached Mayor Adams on the street after an event on Monday night. The agents asked the mayor’s security detail

Asian stock markets tumbled on Friday following sharp losses on Wall Street overnight, as comments from Federal Reserve Chair Jerome Powell dashed hopes for a dovish pivot on interest rates. The Downfall of the Asia Rally A weeks-long rally across Asian equities was abruptly halted after Powell stated the Fed was strongly committed to bringing inflation down and may need to raise rates higher than expected. His hawkish tone triggered a surge in Treasury yields and sent investors fleeing from risk assets. The MSCI Asia Pacific index dropped 1.2% on Friday, poised to snap a three-week winning streak. Japan’s Nikkei 225 fell 0.8%, while Hong Kong’s Hang Seng index plunged 2.1%. Chinese blue chips lost 0.9% and Australia’s benchmark sank 1.2%. “Powell stomped on the rally b