Home Entrepreneur Attractive stock market and perfect economic news

Attractive stock market and perfect economic news


April 19, 2021

4 minutes of reading

This story originally appeared on ValueWalk

Inside of him Daily market notes report to the investors, while commenting on the fatigue market, Louis Navellier wrote:

Q1 2021 hedge fund letters, conferences and more

The stock market was tired

Fatigue stock markets and economic news are perfect. Retail sales, the fact that inflation predicts inflation is only temporary, the growing bottlenecks everywhere will keep the manufacturing industry strong, income Environment. Everything is good. But the market is boring, looks tired.

Economic news, as good as it is, news coming out of the belt seems to be distracting investors.. The most powerful man in Washington, DC is West Virginia Sen. Joe Manchin. He will not end the attack and will not let the corporate tax go up more than 25%. So like Administration Biden Negotiating with Congress on an infrastructure plan, they basically just have to talk to Senator Joe Manchin. He’s going to find that out for them … But the bottom line is, if and when they raise taxes, it won’t be as bad as we thought, because Sen. Joe Manchin from West Virginia is a revolving ballot. . That’s good news because Wall Street doesn’t like change.

This is the highest sales in the first quarter and earnings and sales and earnings will not be strong. The average surprise is, believe it or not, over 30. This is amazing. Obviously, good earnings are coming soon. Our lousy income will show up a little later. But wow, this is nirvana.

We will never have a better income environment than this. We just need a little bit of enthusiasm, because Wall Street is now acting like it’s just eaten a hearty meal and it burps. That’s how it works.

The fear surrounding the 10-year treasury yield

The current, interest rates have risen today a little bit on the 10 year Treasury. That is the only real fear out there, 10 years Treasury income maybe 2%. They weren’t anywhere nearby right now, but they backed up a bit. But the speed of money, how fast money changes hands, should be well received. That helps tax revenue, boosts prosperity and helps reduce unemployment

America is definitely on the right track with more than 8%. GDP growth in the first quarter. That’s according to Fed Atlanta. Because the market is tired and bored right now, any weakness in strong stocks is a great buying opportunity.

Many investors believe that growth managers pay incredible premiums for stocks. They work in the short term, but not the long term. When we have a company that is posting 500% growth in income, you expect it to grow 500%. I expect its P / E ratio to be compressed and maybe the stock will rise 100%. Wall Street has expanded and it’s a good foundation for another move up, but needs a spark.

That would be less certain since economic news and earnings are perfect. It’s odd that the market is so light, but it has been corrected and it has exhausted the speculation that previously occurred in February, in NASDAQ. As far as I am concerned, it is still locked and on load time.

There was nowhere to go and the money supply was very high. Money is flowing everywhere. You can thank Finance Minister Yellen and Jerome Powell for driving the money supply. That money will attract stocks and cause them to rise higher. I think a few weeks from now, we’ll see that today is probably one of the best buying opportunities you’ll ever have.

Paypal vs. Coinbase

800 Pound Gorilla v. 800 Pound Gorilla . . . If you’re looking to play crypto, Paypal Holdings Inc (NASDAQ: PYPL) could offer a better chance. Coinbase Global Inc (NASDAQ: COIN). The PYPL fees for generating crypto are currently minimal, but PYPL has about 20 times the revenue from Coinbase and 40 times the income. Joining too early into the crypto party can prove dangerous because it is still early days. Do you remember those who were first in the PC market? Me neither.

Cryptocurrencies will evolve, and that bodes well for CoinbaseBut growth or not, the cryptocurrency is always volatile and Coinbase suffers 100% of this volatility. Through Paypal, if possible, people will always send money.

New purchase: BioNTech SE (NASDAQ: BNTX)

New sale: Sprouts Agricultural Market Inc (NASDAQ: SFM)

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