The relief pop from the Federal Reserve minutes yesterday didn’t last long. Investors initially rejoiced on the headline, then they changed their minds. The indices closed down hard considering they’ve been so strong for a while. Big drops like this tend to rattle investors, so they sell the good with the bad. That’s where we…

It may be too early to say that a stock market correction is just around the corner. Markets may be able to withstand the delta variant of Covid-19. Yet other possibilities in the near term, such as America’s post-pandemic economic hitting a wall, or the recent rise in inflation ending up being more than “transitory,”…

Virgin Galactic Holdings (NASDAQ:SPCE) completed its first commercial flight with Sir Richard Branson on board on July 11, but SPCE stock has drifted down since then. As I expected, the stock moved up ahead of the flight and came down once it finished. Source: Tun Pichitanon / Shutterstock.com For example, in anticipation of the flight,…

Yesterday, Blue Origin flew Jeff Bezos more than 60 miles above the Earth to allow the billionaire to see the planet from space. A little less than two weeks ago, Virgin Galactic did the same thing with its billionaire founder, Richard Branson, and a crew. These successful flights mark two of the biggest space-related accomplishments…

Special purpose acquisition companies (SPACs) are very risky. With all the stock given to founders and sponsors, I need 10x growth to see a profit. SoFi (NASDAQ:SOFI) stock is the rare exception with the potential to deliver that. Source: rafapress / Shutterstock.com SoFi went public under its own name and ticker symbol on June 1,…