News is out (See Bloomberg article here), Snapchat is looking to raise nearly $4 billion through an initial public offering which would value the company in the neighbourhood of $25-$35 billion. There is still much to be worked out as far as the total amount to be raised and what the final valuation of the … More Snapchat IPO: Investors be Weary!
In our last review of Google Trends data (see post here) as it related to the price of oil, we noted that there appeared to be some correlation during times of volatility with the key phrase ‘price of oil’ particularly when isolated to searches in the regions of Alberta and Texas. Search spikes were typically … More Revisiting the Oil Investment Trend
Following up on a prior post documenting the predictive value of Google Trends in determining U.S. election outcomes, (see here) we decided to get an update on search counts for each of the presidential candidates: The week of 2016-10-09 saw searches for the term ‘Trump’ increase to their highest level over searches for ‘Clinton’. While this … More Presidential Elections Search Poll Update
Talk about a roller coaster ride, by now Twitter shareholders must have a serious case of motion sickness! In about a month’s time, shareholders have seen the price appreciate nearly 35% only to see it come crashing down to the $17 level or about $1 lower than prior to the buy out speculation. Most recently, … More Twitter Investment Trend: A Roller Coaster
An interesting article on Bloomberg (Article here) discusses the plea made by Twitter CEO Jack Dorsey to stay the course, not making mention of recent speculation of a buyout that has caused the share price to jump nearly 20% since late September. The article goes on to discuss that two of the speculated Twitter Bidders … More Bidders Back Out of the Twitter Sweepstakes
Aritzia’s IPO saw trading open at $18.95 and close the day at $17.71, the next trading day was not much better closing even lower at $16.74. While this isn’t exactly the bullish trend that we expected to see out of the trading activity, we acknowledge that should not take away from the company’s prospects. Aritzia … More Aritzia Post IPO Investment Trend
The first of many Presidential debates took place on September 26th and what we witnessed was a less than prepared Republican learning a valuable lesson in politics from a seasoned Democratic candidate. Our focus here isn’t to make the case of which candidate is better suited than the other but to understand better the market … More US Elections and the Investment Trend: Can Google Trends Predict the Outcome?