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Newsletter
Why the I/O Fund Cut BTC at the Top
On March 2nd we provided a detailed webinar regarding the state of Bitcoin. We outlined that we could see one more push for Bitcoin into the $64,000 - $107,000 region before we see a major top form.
Nasdaq100 Levels to Watch for the Next Leg Higher
Knox Ridley, the Portfolio Manager for the I/O Fund, has written an overview of the levels he is watching for the Nasdaq 100 and also why the Dow Transportation Index will help confirm if we see the next leg higher.
Q1 Earnings Analysis for Etsy, Square, and Palantir
As earnings season winds down, we review earnings reports for popular growth tech stocks Etsy, Square, and Palantir.
FuboTV: Why I Like This Stock Better Than DraftKings
In my newest Forbes article, I revisited Fubo, discussing its audience growth, the launching of Fubo Sportsbook and most importantly, its rivalry with DraftKings.
VIDEO: Is the Bottom in for Roku?
The last few months have been difficult for tech growth investors. In isolation, it would appear that the party is over, and the broad market is likely to follow. However, if we track where the money is flowing, it appears that the standard safe haven plays, like Staples, Utilities and Gold, are not receiving the bulk of the rotation. Instead, money is flowing into transportation stocks, industrial stocks and financials.
Podcast with Motley Fool: I/O Fund’s View of the Growth Market Right Now
I recently joined the Motley Fool podcast with Brian Feroldi and Brian Stoffel where we discussed electric vehicles, artificial intelligence, and whether growth tech investors should rotate into value. Below, we provide a summary of each video and YouTube clips.
Snapchat Reported Accelerating Growth. Here’s What to Expect From Pinterest.
Despite mixed reports about Pinterest’s upcoming earnings report, we are seeing similar year-over-year growth in DAUs as Snapchat reported, which is 21.16% and 22% respectively. We are hopeful that with an ad-rebound in many sectors that Pinterest will also have a healthy earnings report, where low ad revenue last year will offset tough comps in usage.
Social Media Projected to Lead Global Ad Spend in 2021
Global digital ad spending is projected to grow 10.1% YoY, powered by 18% growth in social media, according to a report from Dentsu, an advertising and public relations company based in Japan.
