Bitcoin to FAANG (Facebook, Apple, Amazon, Netflix and Google) stocks, it’s become the talking heads’ favorite daytime activity to opine about their imminent collapse.
Behind the curtain here at Wall Street Daily, we’re performing minor miracles with data. Data is power, folks. With that in mind, here are five data points currently jumping off the page.
We’ve got two months of good data on the recently launched FAANG ETF (NYSE: FNG) — officially known as the AdvisorShares New Tech and Media ETF. To no one’s surprise, FNG has been besting the S&P 500 since the ETF launched on July 14. Will FNG’s blitzkrieg persist into the foreseeable future? I’ve got 415 billion reasons why the answer is an emphatic “YES!”
In a mere two years, biometric components — like facial recognition — will be integrated in 100% of wireless devices. Considering that the starting point for biometrics was virtually ZERO in 2016, 100% integration is, well… INSANE. And as this data shows, when insanity strikes, profits follow soon after...
Driverless cars are the ultimate disrupter. Heck, Ford executives now make regular trips to Silicon Valley to meet with executives running startups a millionth Ford’s size. But I was recently asked if driverless cars are any different than the Segway. Let’s review…
By virtue of its ambitious 7-for-1 split three years ago, Apple strategically made its shares much more attractive to investors. With shares running north of $1,000, will Amazon steal a page from Apple’s playbook and announce a similarly aggressive split? The timing for a major split to happen feels perfect.
Emerging technologies that seemed like a fantasy a decade ago are fast-becoming a reality today. In the process, enormous amounts of wealth are being created. Clearly, then, as investors, we can’t afford to miss out on this historic wealth grab, right? Or can we? Perhaps it’s time to raise some serious questions about morality and tech.
Most investors would think that doubling your money on Apple would be impossible at this time. That is, until they see this easy solution.
This week, I’ve handpicked two charts to convey Apple’s current – and likely continued – dominance. Then, it’s on to a handful of graphics that underscore the shocking disappearance of market volatility in a time of so much political uncertainty. Is it time for investors to rejoice or run for cover?
Innovation never disappoints. That was the battle cry upon which I started at Wall Street Daily 10 years ago at the top of the oil boom. I’m especially bullish on three specific industries at the moment.