Flat Footed LLC exited its position in Matson during the fourth quarter. The company operates protected shipping routes linking the U.S. mainland with Hawaii, Alaska, and Guam while also running expedited services between China and the United States that command premium pricing.
For this long weekend, I am offering you food for thought. In the overall macro theme, I am sticking to this for time being:
Stagflation - The Fed can’t fix it with a huge reduction in rates, that will spike inflation.
The market has seen a dip in U.S. liquidity, and only 19% of all stocks are beating the S&P 500 over the last four weeks. That hasn’t happened in over 20 years -- and possibly longer (likely the Dot-Com bust).
As of Jan. 31, 2024, five stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Companies Reporting Before The Bell • AudioCodes (NASDAQ:AUDC) is estimated to report quarterly earnings at $0.18 per share on revenue of $61.52 million.
