A recap of the past week in 3 short headlines 1. Three’s a Crowd This past week was the 3rd consecutive week that the market declined. Continuing their trends from the previous week of 8/31/2020 and 9/7/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current […]
1. Another Wild Week This past week was a major “L” for many investors. Continuing their trend from the previous week of 9/1/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current valuations of stocks. The S&P 500 and the NASDAQ fell up 2.51% and 4.06%, […]
A recap of the past week in 3 short headlines. 1. A Healthy Correction or a Warning Sign? After surpassing pre-pandemic record highs, the market pulled back heavily on Thursday with the S&P down 3.6%, the NASDAQ down 5%, and the Dow Jones down 2.8%. Tech was hit especially hard, after its disproportionately large increase […]
Over the past decade, technology and automation have disrupted many industries, from automotives to manufacturing. Recently, it has made its presence known in the wealth management industry, with the rise of automated money management. Allow me to introduce automated money management (AMM), an industry on the cutting edge of financial planning and the future. AMM […]
A recap of the past week in 3 short headlines. 1. Tech Continues to Roar The major indexes – S&P 500, Dow 30, and NASDAQ – continue to set record highs amidst a seemingly unstoppable market rally. Tech as a sector continues to dominate. FAANMG and others are surpassing their records and adding billions to […]
On August 19, 2020, Apple Inc. became the first public US company to reach an astonishing $2 trillion market cap. Apple’s stock has soared in the midst of the COVID-19 pandemic—a time when US GDP for the second quarter of 2020 shrank nearly 32%. COVID-19’s Effect on Valuation The technology hardware company and maker of […]
The Dot-com bubble of the late 1990s and early 2000s was a speculative economic bubble created by excessive optimism towards Internet companies and their stocks. Today, it serves as a reminder of the consequences of greed, excess, and hype. Innovation in the 90s The 90s were a period of rapid technological advancement. The creation of […]
A recap of the past week in 3 short headlines. 1. Record-Setting Week The S&P 500 and NASDAQ reached record highs this past week. The S&P 500 and the NASDAQ are up 0.72% and 2.65%, respectively, for this past week. What’s particularly incredible about this record is that the S&P 500, now at 3,397.16, breached […]
In recent years, the automotive industry has begun the gradual change from combustion-engine vehicles to electric vehicles (EV). For the most part, one company has been spearheading this change: Tesla. Why has Tesla succeeded when so many other startups have failed? What impacts has EV technology had on the market? And how are other companies […]
In a time of worry and economic hardship, FAANG stocks, such as Apple, have been performing extremely well. On July 30th, Apple announced its third-quarter earnings, which blew out analysts’ expectations. According to a press release by Apple, the company saw a revenue of $59.7 billion, an 11% increase year-over-year, and diluted earnings per share […]