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As in previous years, the world of investments has continued to see several frauds and scandals come to light in 2023.  Some of the more peculiar cases involved missing silver coins, untraceable crypto, and bags filled with stones instead of nickel.  Detailed below are three of the strangest scandals to befuddle the world of finance… Continue reading The curious cases of the nonexistent silver coins, vanishing crypto, and stones in place of nickel – 3 bizarre investment frauds of 2023

David Capablanca began shorting stocks in 2016 but didn’t become successful until 2020. Once a stock rallies, he looks for 9 data points that indicate it is about to plunge.  He compares his process to a pilot’s flight checklist: if everything aligns, it’s a go.  David Capablanca dreamed of becoming an architect and building structures… Continue reading A short seller with an over 90% win ratio shares the 9 indicators that make for a ‘beautiful stock to short’

It’s possible investors won’t make any money on AI stocks in the future, according to Wall Street expert Jim Bianco.  “The money has already been made in the hope for what AI is going to be,” Bianco told Fox Business.  On a separate note, he added Americans are likely seeing this year’s lows in inflation… Continue reading AI stocks could prove unprofitable in the future as money has already been made on them in the current rally, 40-year market veteran Jim Bianco says

Information technology firms should benefit as the adoption of artificial intelligence increases. But a team of analysts from Morgan Stanley cautioned that not all IT firms are created equally. The analysts shared five IT stocks uniquely positioned to become key beneficiaries of AI’s rise. Since the launch of ChatGPT last November, artificial intelligence has been… Continue reading Morgan Stanley: These 5 stocks are well-positioned to reap the rewards of rising artificial intelligence adoption

Goldman Sachs analysts recently looked at what hedge and mutual funds bought in the first quarter. Both fund types sold their positions in financials, and rotated into more defensive equities. Goldman Sachs found nine “shared favorites” among the stocks hedge and mutual funds bought. Late last week the S&P 500 briefly touched its highest price… Continue reading Goldman Sachs analyzed 1,246 hedge and mutual funds with a combined $4.8 trillion in holdings. Here are the 9 stocks they agree are worth buying.

Markets don’t seem to believe Janet Yellen’s warning that the X-date – when the US government would run out of cash – is June 1, Jim Bianco said. “All signs point to more time than June 1,” he tweeted Thursday. Yellen has repeatedly warned that the Treasury will soon run out of money and be… Continue reading Markets don’t believe Yellen’s warning that the US government will be out of money by June 1, Jim Bianco says

AI is in a “baby bubble” for now, Bank of America said Friday.  What could burst the bubble is the Fed pausing rate hikes and then restarting the cycle.  BofA said the dot-com blow-up in the early 2000s had roots in the Fed restarting policy tightening in 1999.  Loading Something is loading. Thanks for signing… Continue reading AI is in a ‘baby bubble’ that echoes the dot-com era, and one move could easily blow up the investment frenzy ignited by ChatGPT

Bank of America says healthcare stocks are usually strong performers in economic downturns. Their solid earnings and low valuations should help healthcare stocks going forward. The firm named 16 favorite stocks in the sector, including 3 that it thinks could double in price.  Healthcare stocks aren’t having a great year, but Bank of America says… Continue reading BANK OF AMERICA: Buy these 16 healthcare stocks to capture their collective 50% upside ahead of a sector rally