In a time where interest rates are expected to fall, investors are constantly seeking ways to boost their income. One strategy that has gained popularity is the use of options to generate additional cash flow from a stock portfolio. By selling call options on stocks that are already owned, investors can implement an “overwriting” strategy
boost
Best Buy has raised its fiscal-year profit guidance after outperforming expectations for the most recent quarter. The retailer now expects adjusted earnings per share to be in the range of $6.10 to $6.35, which is an increase from the previous range of $5.75 to $6.20. This positive outlook reflects the company’s confidence in its performance
The Asian currencies showed strength on Monday, with the Japanese yen notably rising sharply. This surge came on the back of growing speculations that the Federal Reserve would cut interest rates in September. The result was a 13-month low for the dollar, with most regional currencies benefiting from the positive sentiment. Fed Chair Jerome Powell’s
In recent years, there has been a noticeable shift in focus towards boosting domestic manufacturing in the United States. This trend has gained momentum due to rising trade tensions and bipartisan efforts to revitalize the manufacturing sector. Investors looking to capitalize on this theme may want to consider ETFs that provide exposure to stocks across
As of August 2024, shareholder returns for major homebuilders D.R. Horton and Lennar have surpassed the performance of the S&P 500. Despite this, analysts have recently downgraded the investment outlook for both companies. However, there is still a sense of optimism among some investors regarding the future performance of the industry. Industry observers note that
The proposal for affordable housing in the United States has been a focal point of Vice President Kamala Harris’s economic policies. Harris aims to make owning and renting a home more affordable in the country. She has emphasized the importance of increasing the supply of housing units to address the affordability challenges faced by renters
Lowe’s, the home improvement retailer, recently announced a cut in its full-year forecast due to a decline in quarterly sales. The company now expects lower total sales and a decrease in comparable sales. This change in forecast is driven by weaker spending on do-it-yourself projects, according to Lowe’s. The company now anticipates adjusted earnings per
The recent regulatory filings have shed light on major hedge funds ditching leading artificial intelligence stocks in 2024. This shift indicates a significant change in sentiment among big investors regarding the future prospects of companies like Nvidia, Alphabet, and Meta Platforms. The selling spree came ahead of a third-quarter sell-off, signaling concerns over the sustainability
The recent U.S. Treasury market selloff had a significant impact on the municipal bond market. However, despite the pressure felt by municipals, they outperformed their taxable counterparts. This can be attributed to better economic data, which led investors to shift towards equities in a risk-on trade. As a result, Triple-A yields rose slightly, varying between
Polkadot 2.0 is set to revolutionize the blockchain community with its latest tech upgrades, including Async Backing, Elastic Scaling, and Agile Coretime. These upgrades are aimed at improving the efficiency and scalability of the Polkadot network, making it more user-friendly for developers and users alike. Core Components The core components of the Polkadot system, such