Here’s one of the most important things to know about investing in the stock market. There’s a time to be aggressive and there’s a time to be patient. Right now is a time to be patient because of a crazy 25-year chart.
Global stocks had a very solid first half of 2021, closing at a new all-time high. In fact, the S&P 500 had its best first half in 23 years, since 1998. The plan for the second half of the year is to stay aggressive and look for more gains.
Tech IPOs have been getting crushed as investors shift into undervalued resource stocks. After a 10-year bear market, this looks like the beginning of a new bull market in food, energy and water.
2021 is shaping up to be another good year for the stock market as the S&P 500 hits a new all-time high. In the short run I am expecting more volatility but I view any weakness in stocks as a chance to buy low.
We’ve got a hot IPO set to drop on Wednesday. Coinbase (NASDAQ: COIN), the largest Bitcoin exchange in the world, is set to begin trading on the NASDAQ. This is one of the most anticipated IPOs of the year.
After rallying for most of the last four months stocks have been down for the last three weeks. Despite this bout of weakness this is not the time to panic. I see four catalysts that tell me stocks will rebound and rally.
From a flurry of new IPOs set to hit the Street in the first quarter Bumble and Coinbase are two of the most interesting. Both of these companies are leaders in high-growth industries and I expect both to prosper.
2020 was a tough year for the world. COVID-19 came out of nowhere and completely disrupted our lives, the global economy and markets. Despite that enormous challenge stocks fought through the adversity and delivered impressive returns.
I like Airbnb as a company and I like the stock. Shares are looking over bought in the short run with this big jump. But in the long run, I expect shares to do well, driven by strong revenue growth and a turn into profitability.
Stock investors have a lot to be thankful for. Despite the unprecedented challenge of COVID-19, the global stock market is having an incredible year.
