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Top fastest-growing industries that offer attractive investment opportunities

Market confidence is low as stocks look to close a largely turbulent week, especially around the finance and banking sector. The benchmark index S&P…



Market confidence is low as stocks look to close a largely turbulent week, especially around the finance and banking sector.

The benchmark index S&P 500 is indeed down 1% and the Dow Jones Industrial Average has shed close to 400 points. Shares of Credit Suisse (SWX: CSGN) and First Republic Bank (NYSE: FRC) continue to bleed amid efforts to rescue the distressed lenders. The outlook is plainly not great, and a broader market downturn can still derail equities’ recent upside trajectory.

But as market analysts say, where there’s blood therein lies many a great opportunity to invest – particularly if you look at stocks from companies across some of the fastest-growing industries. Here’s what you might consider if you are looking to buy stocks today.

Renewable energy

Renewable energy is one of the hottest topics today, with concerted effort across the world as major companies and individuals battle climate change by advocating for a global reduction in carbon emissions. With reducing carbon footprints top of the agenda for many companies, solar and wind power are emerging as key sectors.

Broadly, the renewable energy industry is poised for explosive growth in the coming years and companies such as First Solar and SunPower are well-positioned for growth, while wind turbine manufacturers like Vestas and Siemens Gamesa Renewable Energy are also worth considering.

Investors keen on boosting the industry as they generate income from related stocks will find this sector very attractive.

Online casinos

Online casinos are another industry seeing massive growth, with gaming products and tournaments like the 2023 March Madness bringing the global gambling space to fore.

Indeed, betting data related to this year’s NCAA Tournament from the American Gaming Association indicated about 68 million US adults have planned to place bets on who wins. Fox Sports says this number translates to roughly 26% of the American adult population, with a staggering $15.5 billion set to be wagered. 

Recent research has also shown that the global online gambling market is expected to grow to over $127 billion by 2027, and companies like Unibet PA Online Casino & Sportsbook and Flutter Entertainment could experience significant growth, boosting investors. There also Casino ETFs that you might consider.


E-commerce has been a rapidly growing industry for years, and the pandemic only accelerated its growth. Online shopping is now more popular than ever, and companies like Amazon and Alibaba are well-positioned to continue benefiting from this trend.

Other e-commerce companies worth considering include Shopify and Etsy. The e-commerce industry has seen tremendous growth in recent years, with global online sales reaching over $4.2 trillion in 2020. This represents a significant increase from just a few years ago when online sales were a fraction of that figure. It’s clear that e-commerce is now a critical component of the global retail industry and is here to stay.

When it comes to investing in e-commerce, there are several key players in the industry that are worth considering. Amazon is one of the most well-known e-commerce companies in the world and has been at the forefront of the industry for many years.

With a market capitalization of over $1.5 trillion, Amazon is the largest e-commerce company in the world and is well-positioned to continue benefiting from the trend towards online shopping.

Another major player in the e-commerce industry is Alibaba, which is often referred to as the “Amazon of China.” Alibaba is the largest e-commerce company in China and has a market capitalization of over $500 billion. The company operates several e-commerce platforms, including Taobao and Tmall, and has a significant presence in other areas of the online retail industry as well.

Healthcare technology

The healthcare technology industry has seen tremendous growth in recent years, as new technologies and innovations have made it easier for patients to access healthcare remotely. Telemedicine companies like Teladoc Health and Amwell are among the best healthcare stocks worth considering. The same can be said of Livongo and Dexcom, which specialize in remote patient monitoring.

Artificial intelligence

Artificial intelligence is one of the most exciting narratives today, and will continue to be as tech giants like Google and Microsoft get into the picture. There are many emerging projects you can consider in this sector, most of which have the potential to revolutionize whole aspects of the society, including the internet as we know and use it. 

For top stocks, companies like NVIDIA and Alphabet are leaders in the field of AI, while newer companies like UiPath and Roblox are also worth considering. There are also opportunities in AI-related cryptocurrency projects like AltSignals.

Electric vehicles

The electric vehicle industry is yet another sector set to explode in the coming years. While 2022 and early 2023 has been tough for many companies, the drive to reduce carbon footprint and move away from fossil fuels will see consumer demand continue to rise. Tesla is the clear leader in this space, but other companies worth considering include NIO and Lucid Motors.


Biotechnology is another industry that’s witnessing growing investment as top dollar makes its way into projects looking to develop new therapies and treatments to the market. Companies across the industry have grown tremendously over the past few years, good illustrations being Moderna and BioNTech that exploded onto the scene amid the COVID-19 vaccine rollout. 

These are companies that will continue to innovate to bring the best of medicines and vaccines to the world, and if you are looking for alternatives, then stocks of biotech and pharmaceutical firms like Vertex Pharmaceuticals and Regeneron Pharmaceuticals could be worth considering.

Key takeaway

Investing in these fast-growing industries can be a great way to diversify your portfolio and potentially see significant returns. However, it’s important to remember that investing always carries risk, and you should always do your research and consult with a financial advisor before making any investment decisions.

The post Top fastest-growing industries that offer attractive investment opportunities appeared first on Invezz.

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Small Bank Insiders Are Buying Shares In Their Companies At A Near Record Pace

Small Bank Insiders Are Buying Shares In Their Companies At A Near Record Pace

On a day when the euphoric AI mania is taking a break (which…



Small Bank Insiders Are Buying Shares In Their Companies At A Near Record Pace

On a day when the euphoric AI mania is taking a break (which hasn't stopped the Nasdaq from hitting fresh 52 week highs), market flows have reversed modestly out of tech and into small caps, which are surging and reversing just a little of that record QQQ/RTY skew ...

... on the back of aggressive buying of energy (which had been shorted furiously for the past few months) and especially small banks, with the KRE exploding higher, and rising for a 3rd straight week.

And while we wait until today's 4:15pm release of the latest bank deposit and loan data to see if such buying is indeed justified at a time of a persistent bank jog, there is a group of investors that isn't waiting: bank insiders are buying shares in their own companies at the fastest pace since the covid crash, a strong vote of confidence in the industry after the collapse of four regional lenders earlier this year.

While one can debate if management knows something that others don't, and as a reminder the management of SVB and FRC were completely clueless about what was coming and lost everything in just days, the number of buyers has already jumped to 778 in the second quarter through May 26 from 524 in the first three months of the year, according to Bloomberg which cites data from research firm VerityData, and which said the surge is being driven by small and midsize banks. More purchasers stepped up even as share prices sank to multiyear lows in early May.

Another measure of insider sentiment is the buyers-to-sellers ratio, which compares unique insider buying to unique insider selling. The average quarterly ratio for banks since 2011 has been 1.8 to 1, according to the report. So far in the second quarter, the ratio is at a record high of 14.7 to 1.

“Insiders in this group are expressing a strong belief that the regional-banking system as a whole is sound, that there’s not a danger of a wide-scale collapse,” Ben Silverman, director of research at VerityData, said in a Bloomberg interview.

“This is the type of insider signaling you want to see in a sector when it goes down,” Silverman said. “As an investor, if you feel that these are good banks that will be here for the long run, then it’s a buying opportunity.”

“This signifies long-term confidence in these banks’ ability to weather whatever near-term storm there might be.”

In theory, yes it does, but is that merely to convince others to also buy (herd psychology works damn well in such cases), or is it because management actually believes that their stock prices are undervalued. Or, perhaps, management knows nothing and is simply hoping that the Fed will not let any more banks fail.

Whatever the answer, insiders aggressively bought shares of their own companies following the collapse of regional banks including SVB Financial Group’s Silicon Valley Bank in March, pausing only when rules barring insider trading near the release of quarterly results kicked in at the end of the quarter. Buying steadily increased again when the trading window reopened, with May levels exceeding March, according to the data.   

The second quarter has so far been the most active period for insider buying in the industry since the first three months of 2020, when stock prices plummeted at the onset of the Covid-19 pandemic, according to the report.

Tyler Durden Fri, 06/02/2023 - 15:40

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Jobs data shows the truth about the labor market

Follow the trend to understand Friday’s jobs data, which showed 339,000 jobs were created in May while the unemployment rate increased.



We’ve had some odd job reports over the years, but the key is to always follow the trend. That’s especially important with Friday’s data, which showed 339,000 jobs were created in May even while the unemployment rate increased.

As someone who wrote that we should get job openings toward 10 million in this expansion, I am always mindful of my other labor talking point. If COVID-19 didn’t happen, the total employment numbers in the U.S. today should be between 158 million and 159 million, or in a weaker labor market growth scenario, between 157 million and 158 million.

Today, we stand at 156,105,000, so I think we are still in make-up mode until we reach a range acceptable to a fast economic recovery.

That’s why the jobs data has beaten expectations 14 months in a row. What the U.S. has that other countries don’t is a massive young workforce. While population growth is slowing here, we have the demographic muscle that other countries don’t have — if we didn’t have that, our economic discussion would be different.


Now let’s look at the labor market on all fronts from the data we got this week to get a comprehensive view of the labor market today. On Friday the BLS reported job growth came in at 339,000, with positive revisions, while the unemployment rate went higher, as there was a drop in self-employed workers.

From BLS: Total nonfarm payroll employment increased by 339,000 in May, and the unemployment rate rose by 0.3 percentage point to 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, government, health care, construction, transportation and warehousing, and social assistance.

Hours worked have fallen in the last few months, and wage growth is slowing. The fear of 1970s-style inflation was that wages could grow out of control in a tight labor market. In theory, 2022 and 2023 are tight labor markets and wage growth is slowing down. This trend should continue for the next 12 months as well.


Here is a breakdown of that data for those aged 25 and older:

  • Less than a high school diploma: 5.7% (2 months ago, 4.8%)
  • High school graduate and no college: 3.9%
  • Some college or associate degree: 3.2%
  • Bachelor’s degree or higher: 2.1%.

The noticeable data line here is that the unemployment rate for those without a high school education is up almost 1% from two months ago.


Here is the breakdown of the jobs created this month, another big month for the government, which typically doesn’t continue at this pace. Construction labor has held up very well, even though housing permits have been falling for some time. The backlog from COVID-19 has been a jobs program for the U.S. as we are still slowly growing the housing completion data.


So the BLS jobs report is still pushing along, while wage growth is slowing down. Jobs Friday is one piece of the labor pie — we have two other data lines that we always need to keep an eye on to know the health of the labor market: job openings and jobless claims.

As the only person on Earth who talked about job openings data getting to 10 million in this recovery, I am surprised that job openings data is still around that mark. But that is off the recent highs of 12 million.


At this point of the economic expansion, I am putting more weight on jobless claims data than job openings (JOLTS). For me, the Fed doesn’t pivot, or the 10-year yield doesn’t break under 3.21%, until jobless claims break over 323,000 on the four-week moving average, and that isn’t happening either.

As we can see below, the Gandalf line in the sand has held up the entire year, even though it was tested many times.


As we can see below, the jobless claims four-week moving average is still far from breaking over 323,000. I chose that number using many different variables as I think when we crack about that level, it will be noticeable to everyone — even the Fed — that the labor market has broken.

From the St. Louis Fed: Initial claims for unemployment insurance benefits increased by 2,000 in the week ended May 27, to 232,000. The four-week moving average declined, to 229,500.


It’s important to understand the labor dynamics of this economic expansion. We had such a shock in the economy with COVID-19 and a strong labor market recovery that the make-up labor demand, which doesn’t get talked about much, is a significant reason we still see healthy numbers.

Also, it’s essential to understand the demographic difference now and what we had to deal with after 2008. The Baby Boomers are leaving the labor market, and every month that happens, they need to be replaced if demand is growing. This is why having a healthy number of younger workers not only helps with that but also provides replacement consumers, as those who leave the labor market tend to consume a bit differently than younger workers.

At this stage of the economic cycle jobless claims is the data line that matters most. Once jobless claims break above 323,000, then and only then I believe we can talk about a Fed pivot — first in their language and then possibly with rate cuts.

The Federal Reserve is scared to death of the 1970s inflation, and they genuinely believe that breaking the labor market is the best way to prevent that type of inflation from happening. As a country, we are fighting against a group of people stuck in the wrong decade with their economic mindset on inflation.

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Bitcoin ‘big move’ due in July after March $30K push — Latest analysis

Bitcoin has been busy “perfectly” mimicking its moves after the March 2020 crash, QCP Capital argues.
Bitcoin “consolidation”…



Bitcoin has been busy “perfectly” mimicking its moves after the March 2020 crash, QCP Capital argues.

Bitcoin “consolidation” could end by July, new research predicts as optimism over a BTC price breakout returns.

In its latest market update on June 2, trading firm QCP Capital revealed a bullish bias on both Bitcoin  (BTC) and the largest altcoin, Ether (ETH).

QCP Capital: Bitcoin consolidation “played out perfectly”

Bitcoin price has been ranging between $26,000 and $31,000 since mid-March, but analysts are increasingly calling time on the sideways action.

QCP Capital is among them, predicting a change of course as soon as the end of the month.

This, it argues, is thanks to the United States debt ceiling “sideshow” vanishing, leaving Bitcoin closely mimicking its consolidation and breakout phase from 2020.

“With the passage of the Debt ceiling bill through the House and Senate that extends the ceiling until Jan 2025, we can now all move on and not have to worry about any political sideshow again until next year’s US Presidential elections,” it wrote.

“This means we now return to our regular programming of proper macro and crypto narratives.”

For QCP, the price levels may be different, but the underlying behavior is the same in 2023 as at the start of the COVID-19 pandemic.

Back then, the Federal Reserve unleashed a giant $4 trillion worth of liquidity, buoying risk assets and ultimately sending Bitcoin to new all-time highs.

“In March 2020 we were on the verge of a massive price breakdown below 5k when the Fed unleashed the liquidity tap, resulting in an exponential price increase as we approached the halving cycle the following year,” it wrote, quoting a previous edition of its “Just Crypto” newsletter series.

“Similarly in March 2023, we were about to break below 20k on BTC as a result of the banking crisis risk-off, when the Fed again unleashed the liquidity tap to drive us back above 30k, as we head into the next halving cycle next year.”

Should the relationship continue to play out, the next phase is obvious: a dramatic exit of the trading range, with QCP positioning long options plays.

“This consolidation has played out perfectly so far, but we expect that we are soon coming close to the end sometime this month. As a result, we recommend positioning for an upcoming big move through long 3m and 6m strangles here, with a bias to the long call side,” it added.

An accompanying chart showed the month of June as a hotspot for both BTC and ETH volatility from 2019 onward.

3-month “at-the-money” volatility chart for BTC, ETH (screenshot). Source: QCP Capital

Betting on a BTC price breakout

As Cointelegraph reported, other signals coming from Bitcoin point to a new paradigm taking over shortly.

Related: Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’

These include an on-chain metric tracking hodler behavior, which in late May put BTC/USD in a “transition” phase away from “capitulation” and on the way to “euphoria.”

Multiple market participants, meanwhile, argue that BTC price action is at a critical stage, with a decision on its trajectory now due.

BTC/USD traded at near $27,000 on June 2, data from Cointelegraph Markets Pro and TradingView showed, having ended May down 7%.

BTC/USD 1-day candle chart on Bitstamp. Source: TradingView

Magazine: AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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