Author: Top Trader News

With travel opening up, a ton of people who held off on their holidays are planning to fly all over Europe. Some estimates state that global air travel is set to hit 83% of what it was before the pandemic, which is an amazing recovery. But all is not clear in the European skies. Airport lines are longer than ever before. Passengers are talking about lost luggage. The summer is going to cause chaos over Europe as airlines attempt to adjust to a level of demand they haven’t experienced in over two years. And that’s not all. Several airports, such…

It’s no secret that the stock market has been volatile over recent years, impacted by events such as the global pandemic and political tension. While some asset classes have dipped in value and increased risk, luxury watches yield impressive ROI. Overall, the watch market has proven itself as a strong investment decision. So, is now the time to invest in watches? If yes, which brands should you back? Let’s explore a few of the top watch brands on the stock market and their valuation. While all of the below shows a downward valuation trend from November 2021, they also share…

The Consumer Price Index (CPI) calculates the monthly change in prices for American consumers. It is a widely accepted measure of inflation. The CPI rose 8.6% from May 2021 to May 2022, the highest increase since 1981. But the record was short-lived as the Index rose by 9.1% in June 2022. Will the sudden surge in inflation affect the stock markets, and if so, how? The Dow dropped by 466 points when the inflation data was published, while the Nasdaq and S&P were down by 2% and 1.5%. However, there was a mild recovery. To address inflation, the Fed…

Canoo is an American manufacturer of electric vehicles (EVs) founded in 2017 and headquartered in Torrance, California. Its stated mission is to bring EVs to everyone. Company background The company is working on four models: Lifestyle Vehicle (Canoo), Lifestyle Vehicle Delivery, Pickup Truck, and a Multipurpose Delivery Vehicle (MPDV). Canoo’s USP is its platform– a “skateboard” chassis that contains all essential components like the battery, motor, steering, and suspension. This enables the company to integrate different bodies with the platform, creating new models quickly and inexpensively. The company is offering to sell its platform to other manufacturers, who can put…

Things have been interesting as of late in the crypto market. The returns on some of the major tokens that are available – Bitcoin, Ethereum, Litecoin- have been astronomical and it has even caught the attention of some of the biggest financial institutions today. This has led to a resurgence of retail investor activity all honing in on the hope that they can ride this momentum. There are other ways to cash in on the cryptocurrency boom. Skilled investors have found that they can set up their own “mining units”, a key component in how cryptocurrency’s main blockchain functions, through…

Warren Buffet once said that the key to being a good investor is to invest in businesses that you understand. But with more and more businesses entering the public space, a new category of investor has begun to emerge: Socially Responsible Investing. In line with that, several interesting stocks represent vegan and sustainable food businesses. In this article, we will go through 5 Vegan Stocks to see how they’re performing in the short term. Oatly (NASDAQ: OTLY) One of the most popular vegan businesses currently in the market now is Oatly, a leading supplier of dairy alternatives specifically sourced from…

The modern marketplace has presented a litany of options for the average investor to get involved in. More than just stocks, you can now invest in stocks, bonds, derivatives, futures, options, and so much more. This expands the ways someone can make a profit but can be a bit jarring for newer market players to get involved. Case in point, with the recent surge in collectible memorabilia taking the marketplace by storm (rare shoes, accessories, and even NFTs), there is now the question of whether the stock market remains the best investment option or if its alternatives can present a…

Things have been interesting as of late in the crypto market. The returns on some of the major tokens that are available – Bitcoin, Ethereum, Litecoin- have been astronomical and it has even caught the attention of some of the biggest financial institutions today. This has led to a resurgence of retail investor activity all honing in on the hope that they can ride this momentum. There are other ways to cash in on the cryptocurrency boom. Skilled investors have found that they can set up their own “mining units”, a key component in how cryptocurrency’s main blockchain functions, through…

In November 2021, Bitcoin traded at an all-time high price of $67,566. By July 2022, it had fallen to $19,704. So, is there a future for Bitcoin after this steep fall? What are its 6-month and 1-year outlooks? Investors have made massive fortunes in cryptocurrency over the past decade. Bitcoin, Ethereum, Dogecoin, and other coins have become household names. Hundreds of crypto exchanges have sprung up, making trading easy. However, cryptos are largely unregulated like the old Wild West, where everything goes from money laundering to financing organised crime. Most governments are uncomfortable with crypto. They have been doing everything…

It signifies that a company is doing something right. Growth most commonly occurs when a business can sell more of its products to consumers while keeping its costs down. As a stock investor, you probably use growth figures to determine which shares to buy. Enter Wise. If you’re looking for an investment demonstrating solid growth, Wise appears to be a solid choice. The UK-based fintech company has enjoyed tremendous growth over the last year. However, other developments may suggest that short-term profits aren’t on the cards for investors. Wise’s Tremendous Growth Let’s start with the good news. On 28th June,…