Ethereum’s path to $40,000, plus 5 stock picks from Baillie Gifford

Hello everyone! Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week.

2021 02 08T000000Z_559438295_RC2MOL9MK63A_RTRMADP_3_CRYPTO CURRENCY FLOWS.JPG

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through what’s been happening in markets. Here’s what’s on the docket:

If you aren’t yet a subscriber to Insider Investing, you can sign up here.

Have thoughts on the newsletter? Just want to talk markets? Feel free to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.


How Ethereum could hit $40,000

NYSE_James.JPG

James Wang is a crypto investor who covered artificial intelligence for Cathie Wood’s Ark Invest. In an interview, he shared how he first invested in crypto and breaks down his bull case for ether. Wang also laid out a valuation framework that explains how the red-hot cryptocurrency could eventually reach $40,000.

Read the full story here:

Ex-Ark analyst James Wang breaks down his bull case for Ethereum as its token breaches an all-time high of $3,300 – and explains why it could eventually reach $40,000


Stock picks from a Baillie Gifford manager who returned 125% in 2020

Bujnowski, Dave

Dave Bujnowski is an investment manager for the $144.9 million Baillie Gifford US Equity Growth fund, which returned 125% in 2020. Despite growth stocks’ surge in value, Bujnowski thinks investors should look at them now more than ever. He shares 5 stocks set to benefit from the end of the pandemic and a hyperconnected economy.

Read the full story here:

Dave Bujnowski beat 99% of his peers to return 125% last year. The Baillie Gifford investor shares 5 stocks set to benefit from the end of the pandemic and a hyperconnected economy.


2 DeFi trends, plus the bull case for Polkadot

Coins of the cryptocurrency Ethereum stands on a table

Digital-asset VC firm KR1 was an early investor in Ethereum, whose token hit a series of record highs this past week. The founders are now making a big bet on crypto protocol Polkadot and shared their investment case. They also broke down their outlook for DeFi, as well as two projects and key trends to watch.

Read the full story here:

A crypto VC firm that made an early investment in Ethereum is betting big on Polkadot. The founders explain why dot could overtake ether – and flag 2 promising DeFi projects that should be on your radar.


Attend our live virtual event

Mastering your personal finance can feel overwhelming, but creating strong financial habits and building wealth starts with just a few simple steps – awareness, proper planning, thoughtful action, and consistent habits.

For more tips, tricks, and best practices on your path to financial success, tune in Tuesday, May 18 at 12 p.m. ET for a free, hour-long virtual event, “Master Your Money: How to set yourself up to build wealth.”

Register here.

how to set yourself and build weath mym with fidelity


Stock pick central

Seeking experts who are willing to name names? Look no further:

Read the original article on Business Insider

10 top crypto tokens, plus the rising stars of equity research

Hello everyone! Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week.

altcoins ripple litecoin

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through what’s been happening in markets. Here’s what’s on the docket:

If you aren’t yet a subscriber to Insider Investing, you can sign up here.

Have thoughts on the newsletter? Just want to talk markets? Feel free to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.


10 top crypto tokens

Arca CIO Jeff Dorman, CFA

Jeff Dorman is the chief investment officer of the $200 million crypto asset manager Arca. He shares 3 themes and 10 tokens he’s betting on in crypto, and also walks through an example of how to execute special situations investing in digital assets.

Read the full story here:

The investing chief of crypto asset manager Arca shares the 3 themes and 10 tokens he’s betting on – and explains how to execute his special-situations investing strategy in digital assets


The rising stars of equity research

rising stars in equity research 2x1
From left to right: Edison Yu, Emily Chieng, Rajat Gupta, and Aga Zmigrodzka

For our Rising Stars of Equity Research feature, we selected 19 young analysts 35 and under covering a wide range of sectors from gaming to natural gas. The group hails from top Wall Street firms including Bank of America, JPMorgan, and Morgan Stanley.

Read the full story here:

Meet the rising stars of equity research, up-and-comers making calls on everything from the next big electric car maker to the return of live events


The 10 most profitable SPAC shorts right now

SPACs and hedge funds 2x1

SPAC short-sellers have raked in more than $500 million in mark-to-market profits over the past 30 days. Their bearish bets have paid off amid a steep decline in SPAC market sentiment and overall performance.

Exclusive data from S3 Partners details the 10 most profitable SPAC shorts in the market right now.

Read the full story here:

SPAC short-sellers have taken home $500 million in 30 days. These are the 10 most profitable blank-check companies to bet against right now.


Stock pick central

Seeking experts who are willing to name names? Look no further:

Read the original article on Business Insider

How to trade the SPAC slowdown, plus the case for $1 million Bitcoin by year-end

Hello everyone! Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week.

SPACs and hedge funds 2x1

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through what’s been happening in markets. Here’s what’s on the docket:

If you aren’t yet a subscriber to Insider Investing, you can sign up here.

Have thoughts on the newsletter? Just want to talk markets? Feel free to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.


How to trade the SPAC slowdown

SPAC popularity in real esate tech world 2x1

SPAC issuance is down 90% from March as once-hot retail-investor demand wanes – and short-sellers have certain blank-check companies firmly in their sights. We spoke to one SPAC skeptic about how he decides which ones to bet against, and another investor shared arbitrage opportunities in the space.

Read the full stories here:

Short sellers have ramped up their bets against SPACs. A hedge-fund manager breaks down his approach – and explains why he’s betting against a SPAC merger that has plunged 25% this year.

SPAC issuance is down 90% from March as retail interest disappears. A SPAC arbitrage investor breaks down why that means opportunity for enterprising investors – and shares 3 top picks on his radar.


The case for $1 million Bitcoin

bitcoin

Dan Held is the growth lead at Kraken, the fourth largest crypto exchange by trading volume. He first bought Bitcoin at $10 and began to double down in 2014 after acquiring a “HODL” mindset. He explains how Bitcoin might hit $1 million by year-end – and as a bonus lays out what meme token Dogecoin is all about.

Read the full story here:

The growth lead at crypto exchange Kraken breaks down how Bitcoin’s price might hit $1 million by the end of the year – and how Gen Z and millennials are driving Dogecoin’s explosive rally


How to invest in art

Chelsea Nassib, CEO and co-founder of Tappan

Online art platform Tappan Collective, which launched in 2012, saw sales double in 2020 as online art sales surged. Co-founder Chelsea Nassib explained why Tappan is now allowing crypto payments and NFT certificates of authenticity. She also shared four art-investing tips to capitalize on the art boom and seven emerging artists to watch.

Read the full story here:

A millennial founder who’s melding the physical art world with crypto shares 4 things investors need to know as online art sales hit record highs – and names 7 emerging artists to watch


A deep dive on America’s economic future

joe biden us economic boom pandemic 2x1
The US economy is poised to grow at its fastest pace since 1984. With a recovery that brisk, expect plenty of strange developments over the next few months.

Economists expect the US economy to grow at its fastest pace since 1984 this year. Insider senior correspondent Aki Ito digs into what led to the boom, and what it means going forward for an American populace still feeling the unique effects of a historic downturn.

Read the full story here:

The US economy is barreling toward a boom – and it’s going to be bigger, faster, and weirder than you expect


Stock pick central

Seeking experts who are willing to name names? Look no further:

Read the original article on Business Insider

Wisdom from a crypto billionaire, plus a risk-free bitcoin trade that could pay double-digit returns

Hello everyone! Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week.

bitcoin mining

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through what’s been happening in markets. Here’s what’s on the docket:

If you aren’t yet a subscriber to Insider Investing, you can sign up here.

Have thoughts on the newsletter? Just want to talk markets? Feel free to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.


Wisdom from a 29-year-old self-made crypto billionaire

2021 03 23T153223Z_1_LYNXMPEH2M171_RTROPTP_4_FIDELITY CRYPTOCURRENCY.JPG

In three-and-a-half years, Sam Bankman-Fried has quietly transformed from an ETF trader into a cryptocurrency legend and one of the world’s youngest billionaires, with an estimated net worth of almost $9 billion.

On a recent podcast, he discussed a strategy that secured 10% daily returns on million-dollar trades. He also shared how correctly evaluating risk in cryptos can lead to moneymaking opportunities.

Read the full story here:

A 29-year-old self-made billionaire breaks down how he achieved daily returns of 10% on million-dollar crypto trades, and shares how to find the best opportunities


A risk-free bitcoin trade that could pay double digits by December

GettyImages 1231620194

Bitcoin futures are in contango, which presents a risk-free opportunity that’s recently offered an 11% return for investors willing to do the legwork. The trade is designed to exploit the discrepancy between bitcoin’s spot and futures prices.

We break down how it works, and experts explain why this arbitrage opportunity even exists in the first place – and is unlikely to go away anytime soon.

Read the full story here:

Bitcoin is a headache to store, and that’s created an investment opportunity that could theoretically pay determined traders big risk-free returns by December


Creative strategies with value-investing legend Joel Greenblatt

Joel Greenblatt

We spoke to Joel Greenblatt, the co-CIO of Gotham Asset Management, where he averaged 50% annual returns from 1985 to 1994. He told us how he locates “creative” opportunities in a market where everyone always scrambles to buy the same things.

Read the full story here:

Investing legend Joel Greenblatt averaged 50% annual returns over 10 years. He told us his strategy for individual investors to find ‘creative’ opportunities in an increasingly crowded and ever-changing market.


Stock pick central

Seeking experts who are willing to name names? Look no further:

Read the original article on Business Insider

Trading the infrastructure bill, plus strategies for Archegos fallout

Hello everyone! Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week.

biden pittsburg infrastructure plan getty

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through what’s been happening in markets. Here’s what’s on the docket:

If you aren’t yet a subscriber to Insider Investing, you can sign up here.

Have thoughts on the newsletter? Just want to talk markets? Feel free to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.


How to trade the infrastructure bill

Biden infrastructure

President Joe Biden recently announced a $2 trillion plan to rebuild American infrastructure. We spoke to Global X infrastructure analyst Andrew Little about 5 stocks he thinks stand to benefit.

UBS is also looking for opportunities specifically in the commodity space. The firm recently revealed 8 such trades it says can each lead to 10%-plus returns as raw-material prices surge.

Read the full stories here:

An analyst for the top-performing infrastructure ETF in the US this year shares 5 stocks set to benefit for years from Biden and Congress’ expected multitrillion-dollar package

UBS says these 8 commodity trades could make you a return of at least 10% as the reopening and Biden’s $2 trillion infrastructure plan send prices surging


Strategies for Archegos fallout

Bill Hwang

For investors that were spared serious fallout from the implosion of Archegos, the whole ordeal is a good opportunity to reevaluate certain approaches, and perhaps even capitalize on the chaos.

From a “Warren Buffett trade” investors can use to take advantage, to strategies designed to profit from mispricings, we’ve been busy compiling recommendations.

Read the full stories here:

An options expert breaks down how the secretive derivatives instruments at the center of the Archegos implosion work – and shares a ‘Warren Buffett trade’ that investors can execute to take advantage of stocks impacted by the $30 billion selling spree

2 experts in the risky product that triggered Archegos’ $20 billion margin call break down the market implications of the blowup – and share how traders can take advantage of the heightened volatility

An investor who used to work for Baupost’s Seth Klarman explains why he thinks the Archegos implosion is the ‘Frankenstein version of GameStop’ – and shares how to replicate hedge fund performance without taking on huge risks


99th-percentile internet investing

Ryan Jacob

Ryan Jacob’s mutual fund – the Jacob Internet Fund (JAMFX) – is up 201% over the last year. He shared with us 5 stocks he thinks will crush Wall Street estimates going forward. And while he tends to stay away from large-cap firms, he shared which two FAANMG stocks he likes most.

Read the full story here:

Ryan Jacob’s internet fund tripled in value over the last year and beat 99% of its peers over the past 3. He shared 5 stocks he’s betting on for their ‘very significant’ upside – and the 2 FAANMG firms he thinks will grow 20-30% per year.


Stock pick central

Seeking experts who are willing to name names? Look no further:

Read the original article on Business Insider

Hedge funds vs. Chamath, plus finding gems in overlooked mid-cap stocks

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through the current market and investing landscape. The newsletter will be taking a week off and returning on April 11. Here’s what’s on the docket:

If you aren’t yet a subscriber to Insider Investing, you can sign up here.

Have thoughts on the newsletter? Just want to talk markets? Feel free to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.


Check out our new investing e-book:

The definitive guide to picking long-term stock-market winners, according to America’s top-ranked fund managers.

Investing editor Akin Oyedele showcases eight star fund managers, their performance highlights, and their five biggest stock holdings.


Hedge funds vs. Chamath

iconq chamath palihapitiya

SPACs have been caught in a harsh sell-off along with growth stocks as bond yields rise. Billionaire Chamath Palihapitiya has been among those most affected, with short-sellers making $40 million betting against his SPACs year-to-date. We break down the wagers being made against Chamath’s three most high-profile SPACs.

Read the full story here:

Hedge funds are ramping up bets against Chamath Palihapitiya’s SPACs and have already taken home $40 million this year. Here’s a detailed look at the wagers they’re making.


The case for overlooked mid-cap stocks

Amy Zhang

Amy Zhang manages $11 billion across small- and mid-cap funds for Alger – one of which has generated a 138% return over the past year. She explains why the mid-cap equity space is teeming with opportunity, and shares 3 of her top stock picks.

Read the full story here:

A fund manager who’s returned 138% in the past year shares 3 mid-cap stocks poised to surge as the economic reopening accelerates – and breaks down why investors should consider this overlooked yet outperforming asset class


4 charts for the future

A trader waits for news while working on the floor of the New York Stock Exchange following a halt in trading in New York, July 8, 2015.  REUTERS/Lucas Jackson

David Keller is the chief market strategist at Stockcharts.com and an expert at technical analysis. We asked him what charts investors should be looking at now, and what they’re indicating assets might do going forward. He responded with four that he dissected in detail.

Read the full story here:

A chief market strategist shares 4 must-see charts that forecast the next big moves in stocks, bonds, and gold – and 6 trades set to surge on what happens next


Stock pick central

Seeking experts who are willing to name names? Look no further:

Read the original article on Business Insider

Investing in sports cards, plus a 3-part bitcoin strategy spanning the entire ecosystem

Hello everyone! Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week.

NBA Top Shot Press Logo_Collectibles_
NBA Top Shot.

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through what’s been happening in markets, as well as what to expect in the coming weeks. Here’s what’s on the docket:

If you aren’t yet a subscriber to Insider Investing, you can sign up here.

Have thoughts on the newsletter? Just want to talk markets? Feel free to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.


Your weekly outlook

This past week featured more tug-of-war in the stock and bond markets between fears of runaway inflation and confidence in the economic recovery. The highlight of the week was Fed Chair Jerome Powell’s press conference as part of the central bank’s rate decision, which seemingly soothed investor nerves and caused stocks to surge into the close.

Then the next day everyone seemed to get cold feet. The 10-year Treasury yield spiked yet again to a more than one-year high, signaling renewed inflation fears. That helped take a 3% bite out of the tech-heavy Nasdaq on Thursday. Now heading into next week the market once again finds itself seemingly rudderless and vulnerable to inflationary mood swings.

The input to watch this week will once again be the 10-year yield, which has become the foremost indicator of inflation fears. It’s the highest since January 2020 right now. If investors continue to question Powell’s insistence on maintaining stimulative asset purchases, it could spike even more. Then stocks – namely tech – could tank further. Stay tuned.


Investing in sports cards

Trading cards

The rise of sports betting and NFTs like NBA Top Shot have fueled a trading boom in sports cards. Collectable is a trading platform that allows fans to buy fractional shares of valuable cards. CEO Ezra Levine breaks down how digital collectibles could boost returns and hedge inflation.

Read the full story here:

NFTs like NBA Top Shot are fueling a trading boom in million-dollar sports cards. The CEO of a fractional sports investing platform breaks down why digital collectibles are the ‘perfect intersection of passion and profits.’


3-part bitcoin strategy

Bitcoin generic images

Norwegian tycoon Kjell Inge Rokke recently joined a growing list of billionaires to embrace bitcoin. In a recent 23-page shareholder letter, Rokke lays out his three-fold bitcoin investing strategy. He specifically details why he sees bitcoin as a solution instead of a problem for its perceived challenges.

Read the full story here:

A Norwegian billionaire who just set up a $59 million unit to invest in the bitcoin ecosystem breaks down his 3-fold strategy – and shares why he believes the digital currency is actually a solution to many of its perceived challenges


How to find long-term compounders

Polen Capital small cap PMs

Tucker Walsh and Rayna Lesser Hannaway manage the Polen US Small Company Growth fund, which has returned 104% to investors over the past year. They unpack the “flywheel criteria” they use to identify so-called compounders, and also share three long-term small-cap stock picks set to surge as part of the reopening trade.

Read the full story here:

The portfolio managers of a small-cap growth fund that returned 104% to investors in the past year share 3 stocks that are set to surge as part of the reopening trade – and lay out how they identify long-term compounders


Stock pick central

Seeking experts who are willing to name names? Look no further:

Read the original article on Business Insider

Bitcoin’s path to $5 trillion, plus the market’s 20 most-shorted SPACs right now

Hello everyone! Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week.

Bitcoin

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through what’s been happening in markets, as well as what to expect in the coming weeks. Here’s what’s on the docket:

If you aren’t yet a subscriber to Insider Investing, you can sign up here.

Have thoughts on the newsletter? Just want to talk markets? Feel free to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.


Your weekly outlook

The past week in the stock market saw a few more flashes of the long-awaited rotation out of mega-cap tech stocks, and into beaten-down value names. On Monday the tech-heavy Nasdaq 100 bottomed out more than 10% below recent highs before saving some face later in the week. Many popular meme stocks were collateral damage.

But the Nasdaq may have an ace in the hole in the form of the $1,400 stimulus checks due to hit Americans’ bank accounts as soon as this weekend. A recent survey from Deutsche Bank found that half of all people between the ages of 25 and 34 plan to use the money to buy stocks.

Considering the recent tendency for retail investors to chase momentum in tech stocks and Reddit favorites, it could be game on for the Nasdaq – and let’s be honest, probably GameStop, which saw a spike of renewed buying this past week.


The path to a $5 trillion market cap for bitcoin

2021 01 11T210111Z_1_LYNXMPEH0A1H0_RTROPTP_4_CRYPTO CURRENCY.JPG

Jake Ryan, the chief investment officer of crypto asset hedge fund Tradecraft Capital, explains how bitcoin could reach a market cap of $5 trillion by 2023 and $20 trillion by 2030. He also shares two emerging areas of the crypto-asset market that he’s bullish on.

Read the full story here:

The investing chief of a crypto hedge fund breaks down why he thinks bitcoin will achieve a $5 trillion market cap by 2023 – and shares 2 emerging areas of the asset class that he’s bullish on


The 20 most-shorted SPACs in the market

SPACs and hedge funds 2x1

SPACs have taken a beating in recent weeks amid a broad tech sell-off. It’s put renewed focus on which are out of favor with investors as cries of a bubble mount.

While some traders are capitalizing on the slump using arbitrage strategies, others are shorting outright. We obtained exclusive data on the market’s 20 most-shorted SPACs.

Read the full story here:

These are the 20 most-shorted SPACs in the market right now as skeptics wager billions against the ‘blank-check’ revolution


The ‘trade of the 2020s’

Rob Arnott

Rob Arnott, the founder of Research Affiliates, counts firms like PIMCO and Invesco as clients and helped create a groundbreaking investing strategy called smart beta. He thinks value stocks in emerging markets and the UK are very attractive right now, and says buying them together is the “trade of the 2020s.”

Read the full story here:

The world’s top investment firms pay Rob Arnott for advice. He shares 2 investing ideas that could go down as ‘the trade of the 2020s’ as the world bounces back from COVID-19


Stock pick central

Seeking experts who are willing to name names? Look no further:

Read the original article on Business Insider

3 reasons why the correction in tech stocks has further to run, according to Morgan Stanley’s top US equity strategist

Mike Wilson
  • The sell-off in technology stocks is likely not over, according to Mike Wilson, Morgan Stanley’s chief US equity strategist.
  • In a note on Sunday, Wilson highlighted that the bull market in stocks will continue with value and cyclicals leading the way rather than the technology sector.
  • But technology stocks will continue to lag for three key reasons, according to Wilson.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

The swift decline in technology stocks over the past month likely has further room to the downside, Mike Wilson, Morgan Stanley’s chief US equity strategist, said in a recent client note.

Since its peak on February 16, the Nasdaq 100 has declined by more than 10% even as a constant stream of good news hit investors. Vaccinations for COVID-19 continue to surge, daily COVID-19 cases have collapsed since the January peak, and Congress is on the verge of passing a $1.9 trillion stimulus package.

But with a full economic reopening within reach, coupled with a surge in interest rates, investors are rotating out of high growth tech stocks and into value and cyclical stocks that are poised to benefit from consumers finally being able to leave their homes and spend money following a year of rolling lockdowns. 

The recent trend of high-growth technology stocks underperforming its value peers will likely continue as Wilson sees more downside in the technology sector for these three reasons, according to the note.

1. “Markets lead the Fed, not the other way around.”

“The non-linear move in 10-year yields has awoken investors to a risk they thought was unlikely, if not impossible. The equity market now knows the 10-year yield is a ‘fake’ rate that either can’t or won’t be defended. To that end, the Fed did expand its balance sheet by $180 billion in February, 50% greater than its target. Yet, rates surged higher,” Wilson said. 

2. “The rotation might accelerate even further.”

“There will be a big shift in the top and bottom quintiles of 12-month price momentum by the end of this month. Most of the stocks going into the top quintile are value and cyclical stocks. Conversely, many of the stocks moving out of the top quintile are tech and other high-growth stocks.

Read more: Wedbush says to buy these 16 stocks that represent its analysts’ best ideas and are set to outperform in the next 6-12 months

“Part of the rotation from growth to value has been due to better relative fundamentals, as the economy recovers, and cheaper valuations. However, as these value stocks move into the top quintile of price momentum and growth stocks move out, the rotation might accelerate even further. This could be quite disruptive to portfolios and lead to another round of deleveraging like in January.”

3. “The Nasdaq 100 should test its 200-day moving average.”

“Based on the technical damage to date, the Nasdaq 100 appears to have completed a head and shoulders top and should test its 200-day moving average,” Wilson said. 

The 200-day moving average of the Nasdaq 100 currently sits at 11,635, representing potential downside of 10% from Friday’s close. 

A head-and-shoulders pattern is a bearish topping pattern that often signals a reversal following a bullish trend. The pattern takes its shape from a series of three tops, with the second top being the highest of the three. A neckline represents support and is formed by connecting the bottoms associated with the peaks. When the stock breaks below its neckline, a sell signal is triggered for traders.

qqq chart.JPG
Read the original article on Business Insider

How to find post-selloff opportunities, plus Cathie Wood on NFTs

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through what’s been happening in markets, as well as what to expect in the coming weeks. Here’s what’s on the docket:

If you aren’t yet a subscriber to Insider Investing, you can sign up here.

Have thoughts on the newsletter? Just want to talk markets? Feel free to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.


Your weekly recap/outlook

This past week was one where the market just couldn’t make up its mind. US stocks surged on Monday after suffering their worst decline in months the prior week. Then inflation fears and spiking bond yields spooked investors anew as Fed Chair Jerome Powell failed to calm nerves.

The tides turned again on Friday as anxious dip-buyers quickly pulled tech stocks back out of correction following a monster jobs report that nearly doubled forecasts. Now it’s anyone’s guess where the market heads next week. 

The volatility is stemming at least partially from uncertainty around how signs of economic progress should be interpreted. On one hand, encouraging labor-market data should have investors excited about the prospect of increased consumer spending. But on the flip side, an economy that runs too hot risks runaway inflation – the sort of thing addressed by higher interest rates. And when rates rise, stocks lose luster. It’s quite the catch-22.

What made this past week so unique was how wildly sentiment swung from “bad news is good news” to “good news is good news,” often in the same day. Whichever camp investors decide on will largely dictate market action in the near term. And the main inputs for that will continue to be economic data, Fed comments, and stimulus progress. Stay tuned.


Strategies for dominating after a sell-off

NYSE Trader smile happy

The US stock market was whipsawed last week by fluctuating expectations for post-stimulus inflation. Tech stocks fell into correction territory and one point before rallying into the weekend. It was the type of environment that creates opportunities for well-prepared investors.

In response to the volatility, UBS detailed 3 ways investors can take advantage of the swings. Meanwhile, investment strategist Luke Lloyd of Strategic Wealth Partners shared the single sector and 4 specific stock picks poised to beat the market in the aftermath.

Read the full stories here:

UBS shares 3 ways investors can take advantage of market swings following the late-February selloff – and lays out 3 sectors that can benefit from higher growth and interest rates

An investment strategist shares the stock sector and 4 specific picks that offer the best chance to beat the market following the Treasury yield-driven sell-off in tech


Cathie Wood talks NFTs and bitcoin

Cathie Wood

Cathie Wood’s main fund has declined sharply since its record close on February 12 amid a broad tech sell-off. In a recent interview, Wood said she’d focus on high-conviction names during extended corrections. She also shared why she’s very excited about NFTs and her bullish thoughts on five top Ark Invest holdings.

Read the full story here:

Ark CEO Cathie Wood explains why she is ‘very excited’ about NFTs, the collectible tokens that are trading for millions online – and shares her latest thoughts on 5 top holdings, including bitcoin


Strategies from a 99th-percentile investor

MOh_Hi_Res

Michael Oh, manager of the Matthews Asia Innovators Fund, is up nearly 200% over the past 10 years, which puts him in the top 1% of his peer group. He broke down for Insider the four pillars of his investing strategy, and shared three stocks he likes over the next five to 10 years.

Read the full story here:

Michael Oh has beaten 99% of his peers over the last 10 years. He told us the 4 pillars of his investing strategy, and shared 3 stocks he thinks will see explosive growth over the next 5-10 years.


Stock pick central

Seeking experts who are willing to name names? Look no further:

Read the original article on Business Insider