What Caught Our Attention in the Investment World? – Week of February 1-5, 2021

By Kuldip K. Ambastha During this past trading week, retail investors focused on the iShares Silver Trust ETF (SLV). The silver market is huge in market size, highly liquid, and worldwide (trading can happen for 23 hours of any given trading day). During the last trading week (What Caught Our Attention in the Investment World? …

What Caught Our Attention in the Investment World? – Week of November 30-December 4, 2020

By Kuldip K. Ambastha On Thursday, December 3, 2020, CrowdStrike Holdings, Inc. (CRWD) had a +13.6% return for the day. The company delivered a $0.08 adjusted earnings per share figure for 3Q2020, well above the expected consensus estimate of $0.00. The cybersecurity company CrowdStrike Holdings has been successful during the current global coronavirus pandemic era. …

Retail Sales and Factory Output – Week of April 13-17, 2020

By Kuldip K. Ambastha The coronavirus pandemic continues to wreak havoc all around the world. In the USA, retail sales declined by 8.7%, making for a record decline. The previous record was 3.9% in November 2008, during the Great Recession / global financial crisis (GFC) era. Clothing and accessories sales declined 50.5%. Food services and …

What Caught Our Attention in the Investment World? – Week of February 3-7, 2020

By Kuldip K. Ambastha and Anil K. Ambastha On Wednesday, February 5, 2020, the stock of Coty Inc. (COTY) rose by 14.5% for the day. This beauty-focused company had quarterly earning (27 cents per share) and revenue ($2.35 billion) figures which beat consensus expectations. Coty Inc. has been implementing a turnaround plan in recent quarters …

What Caught Our Attention in the Investment World? – Week of November 4-8, 2019

By Kuldip K. Ambastha and Anil K. Ambastha Shake Shack Inc. (SHAK) is an American fast casual restaurant chain headquartered in New York, NY. The company announced its latest quarterly earnings and other key figures during this week. Same-store sales grew by 2.0% in 3Q2019, which was less than the 2.5% figure expected. The company …