Stock Market

At long last, Novavax (NVAX) may be close to getting its EUA. As the company announced late Tuesday, the U.S. Food and Drug Administration (FDA) Vaccines and Related Biological Products Advisory Committee (VRBPAC) just voted 21-0 (with one abstention) to recommend that the FDA grant Novavax’s “Nuvaxovid” coronavirus vaccine (aka NVX-CoV2373) Emergency Use Authorization (EUA)
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As investors dumped stocks that produced great returns amid the pandemic, shares of several high-growth companies lost considerable value.  Furthermore, the U.S. Fed’s aggressive policy to curb inflation, an elevated cost environment, supply-chain disruptions, and an uncertain economic trajectory all contributed to a further decline in the growth stocks.   While the steep correction in high-growth
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Sharing is Caring! by confoundedinterest17 Wall Street on Parade had an excellent article showing the seismic explosion in the Fed’s Balance Sheet after the housing bubble burst and ensuing financial crisis. Here is my version of their chart since 2000 where you can seen the seismic shift in the balance sheet (toxic green slime line), particularly
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In the event of climate changes visible worldwide, the growing need for cleaner sources of energy cannot be avoided. Advanced technologies are being developed across the globe to curtail the impact of greenhouse gases on the environment. In the United States, the Joe Biden government has invested heavily in offshore wind, nuclear and clean hydrogen
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Sharing is Caring! Authored by Jeffrey Tucker via The Brownstone Institute, Americans have limitless faith in democracy. In the early 19th century, that charmed Alexis de Tocqueville. His book Democracy in America still rings true today because not much has changed. The entire country can be in ruins and even then, most people figure that it will all
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Hedge funds are repurchasing Chinese stocks. JPMorgan (JPM) recently released a note stating that various multi-strategy hedge funds are buying back into the Chinese market after a period of vicious selling. It remains doubtful whether the recent buying spree will persist. According to JPMorgan’s hedge fund team: “Whether this trend continues is likely dependent on a number
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Sharing is Caring! by Stucky Mr. Putin discusses Russia’s role  regarding high prices/shortages of food, fuel, fertilizers, and the completely fabricated bullshit story that he is blocking wheat from being shipped out of country 404.  Once  again, he is not relying on notes, crib sheets, or a teleprompter.  According to the Bible (as some interpret it) 
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Chinese internet giant Alibaba (NYSE: BABA) has struggled to accelerate its growth over the past year. The deceleration in China’s economy, heightened competitive activity, and the resurgent virus led to a slowdown in its growth and, in turn, its stock price. Furthermore, regulatory headwinds remained a drag. Given the challenges, the American Depositary Receipt of
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Over the past year and a half, the Biden Administration has shown a consistent policy bent toward the promotion of electric vehicles (EVs). This has given EV manufacturers openings for new contracts with Federal, state, and local level government agencies. More importantly, the Administration has publicly backed Federal funding for a massive build-out of EV
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Sharing is Caring! by pacmanpill Did some digging and it’s actually worse. The Javelin was given or sold by Ukr. soldiers to an Al Qaeda (HTS) terrorist fighting in Ukraine. He may have sold it for $15,000 via Telegram, and now it’s re-sold on the dark web. Help Support Independent Media, Please Donate or Subscribe:
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California-headquartered ChargePoint (CHPT) operates electric vehicle (EV) charging stations. I am neutral on the stock. The vehicle electrification movement is here, and it’s here to stay. With more EVs expected to crowd the roadways in the coming years, the demand for charging infrastructure should grow. This vision of an electrified future has undoubtedly enticed some
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Shares of Spikevax maker Moderna (MRNA) have stabilized in the $130-140 per-share range in recent months, potentially marking a bottom after its 75% peak-to-trough plunge. Recently, the White House noted that COVID-19 vaccinations of young children could start on June 21 at the earliest, if approved. With so many Americans who’ve psychologically moved on from
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Headquartered in Texas, GameStop (GME) sells video games, gaming platforms, accessories, and other products in retail stores and online. I am bullish on the stock. It’s true that GameStop stock represents a stake in a video game business that’s been around for decades. However, let’s not kid ourselves. Many traders bought shares of GameStop in
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Amazon (AMZN) stock took a huge hit on the chin amid the market sell-off as retail stocks slid over fears of a potential consumer recession. Undoubtedly, the “roaring 20s” seems to have ground to a slowdown, with some fearful that an economic downturn could cause even more pain in the sinking retail stocks. Undoubtedly, the
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Sharing is Caring! by confoundedinterest17 Instead of President Ronald Reagan saying ““Mr. Gorbachev, tear down this wall” we need someone to tell President Biden and Federal Reserve Jerome Powell to “Stop driving up prices and making housing unaffordable.” Unfortunately, The Fed thinks that raising interest rates will temper price increases — it won’t. But it could
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