#S & P 500

Assuming that the U.S. economy manages to avert a recession in 2023, Wall Street analysts are projecting sizeable gains in U.S. sportsbook share prices. Are operators of online sports betting sites due for a rebound in their stock prices in 2023? With the S&P 500 headed for its worst year since 2008 - down by more than 20% for 2022 as of Wednesday…

My first full-time job in journalism was at The Vindicator in Youngstown, a city where I once saw a man at the grocery store buying just two things: a ball of mozzarella cheese and a package of "Just For Men" gel. The Vindicator was an afternoon newspaper when I first started and I would occasionally get phone calls at 5:30 a.m. from a guy who…

I have been a huge soccer fan for basically my whole life. I have my favorite teams and players, but I'll watch any game I can. Last week, the 2022 World Cup kicked off in Qatar, and I couldn't be more thrilled. NBC Sports estimates 5 billion people will watch the World Cup around the globe - an average of 227.3 million per day. It also presents…

TWO WEEKS AFTER New Year's, there was a bidding war over a baseball card at collectibles marketplace Goldin. Bidding opened at $30000 and rose to $101000 by the next day, accruing 14 bids by midnight. A high-end collector, who goes by Shyne150, had unloaded $474000 on a 2020 Bowman Chrome Prospect Autographs Superfractor, a literal one-of-a-kind…

This Update focuses on how various Markets discount information, as well as current investor sentiment and what that might imply in the short-term. We also discuss portfolio management strategy. The last few weeks have been all negative for the markets. Through Friday's close, the S&P 500 is down almost -14.5% from the August relative high and very…

Dave Gilbert here, Editor of Smart Money. We Americans love our sports. We play it as kids. We watch it as adults. We're passionate about our favorite teams, both professional and college. And we can find a sporting event on TV at almost any hour of any day. They are fun, entertaining, can teach us valuable lessons, and are a great distraction from…