Tuesday, July 19, 2022

Corsair Capital Slumps 19.8% On SPAC Losses [Exclusive]

Corsair Capital Slumps 19.8% On SPAC Losses [Exclusive]

Corsair Capital lost 11.7% during the second quarter of 2022 bringing its year-to-date loss to 19.8% net, according to a copy of the firm's half-year report, which ValueWalk has been able to review. In its quarterly update to investors, the firm notes that the markets "turned from bad to worse" in the second quarter, with major stock indices ending the first six months of the year with the worst returns for five decades.. […] Read More

AMC Entertainment Is On Track For Blockbuster Results

AMC Rides Wave Of Blockbuster Movie Openings While the movie industry is still a bit shy of regaining its pre-pandemic business levels AMC Entertainment (NYSE:AMC) is on track for a blockbuster quarter. The last few months have seen no end of high-grossing movie openings, and the trend is set to continue. The latest is Disney's […] Read More

Is WD-40 Company Ready For A Rebound?

WD-40 Company Got Hammered By COVID WD-40 Company (NASDAQ:WDFC) had about as good a quarter as can be expected given the circumstances, and that has the stock set up for a rebound. The market in WD-40 Company stock has been in a protracted downtrend for several quarters now, and it is overextended and ripe for […] Read More

It Might Be Time To Plug Into Plug Power, Inc

Plug Power Has A Solid Base Of Support The price action in Plug Power, Inc (NASDAQ:PLUG) has been as volatile as any stock in our coverage over the last year and, like some others, appears to be at or near its bottom. The price action is down nearly 80% since hitting its peak and, coincidentally, […] Read More

Twitter, Tesla, And Netflix Earnings All On Tap This Week

Oil prices and existing home sales also touchstones this week Investors are prepped for an accelerating corporate earnings flow this week and will look for clues about what results say for the economy's recent performance and how stiff the headwinds it faces. Goldman Sachs (NYSE:GS), Johnson & Johnson (NYSE:JNJ) and Tesla (NASDAQ:TSLA), Bank of America (NYSE:BAC), […] Read More

Risk-On Vs. Liquidity Squeeze

S&P 500 ended a losing streak thanks to the still fine retail sales data, and even consumer confidence edged up. In the flattening yield curve characterizing the move to a slow growth phase, it was (and will be) up to tech to outperform value. Also healthcare is likely to see brighter times ahead. If I […] Read More

Temperature Check Shows Mercury Rising As Oil Gains But Deliveroo Disappoints

FTSE 100 opens higher following gains in Asia and on Wall Street. Supply concerns see Brent crude edge back up above $103 a barrel. Dollar falls back a little against the euro and the pound. UK leadership battle keeps cost-of-living crisis in focus. Worries remain about European gas supply. Deliveroo PLC (LON:ROO) slashes growth forecasts […] Read More

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