Sunday, September 20, 2026
On June 10, the Nasdaq closed above 10,000 for the first time in history. Even more remarkable is that the index closed above 11,000 less than two months later! The Nasdaq is heavily weighted with tech stocks, which have been red-hot lately. I’ll give you an example. One of the ratios I like to watch […]
Since the late 90s there has been one constant in the semiconductor world. I knew that anytime I looked at a chart of Intel (INTC), I could also pull up a chart of Advanced Micro Devices (AMD)…and it would be priced below Intel. As the rental car ad says, I don’t know if they were […]
The 10-year Treasury bond now yields 0.5% Last Friday, the yield on the 10-year Treasury note dropped to 0.520%. According to Deutsche Bank, that’s the lowest yield in 234 years. Whenever you see stats like this, know that someone is getting a little creative. What they’re doing is splicing data from other sources to come […]
Recently, I told you how I thought many people would forego in-person holiday shopping this year, instead making their purchases online. Last week, several large retailers including Target (TGT), Walmart (WMT), and Dick’s Sporting Goods (DKS) announced they would not open on Thanksgiving Day this year, for the first time in many years. The announcement […]
Last week, when Virgin Galactic (SPCE) announced it would be replacing its CEO, the company sent a clear signal that it will be moving from a novel “spaceship company” to a company focused on making money. The Sir Richard Branson-backed Virgin Galactic is scheduled to launch its first paying passengers into space later this year, […]
For nearly two years, gold’s been on quite a run. In fact, the precious metal is getting close to an all-time high. That hasn’t happened in nearly a decade. Investing in gold is a tricky business. Historically it seems that gold likes to run one of two ways: it’s either very hot or very cold, […]
Let’s dream for a moment. It’s November 2021. A coronavirus vaccine for was found in late December 2020. Due to pre-ramping of production facilities, 100% of the U.S. population has been vaccinated. COVID-19 is no more. Given this possible reality, where are you going to do your holiday shopping? Are you geared up for Black […]
It’s a puzzle that’s haunted Wall Street for a few years now: what the heck happened to value investing? Value investing was the strategy that long occupied the minds of Wall Street’s best stock-pickers. From Warren Buffett to Ben Graham to Peter Lynch, the focus was always on value investing. All prudent investors needed to […]
Last Sunday, TSLA CEO Elon Musk tweeted out the message, “Limited edition short shorts now available,” with a picture of red satin shorts. Ouch! This was classic Elon, and I mean that for good and for bad. The message was an obvious joke at the expense of Tesla “shorts,” meaning those who had bet against […]
It feels like COVID-19 is stealing summer. With businesses closed, large gatherings banned, and no baseball (yet), we are in July, but it does not feel like summer should feel. However there is one traditional Fourth of July event that has not been canceled and may help you get that summer feeling. Nathan’s Famous International […]
