Thursday, April 25, 2024
My wife Jo had some CDs mature. If we renewed them at the current .4% rate, she would take an 80% income cut. She remarked, “That’s not enough income to pay the bills. We don’t want to tap into the principal each month to make ends meet.” What would be a perfect retirement plan? I […]
New Jersey and Arizona just voted to approve amendments to legalize the use of green for those above the age of 21. Voters in South Dakota approved it for medical use. Voters in Montana voted to legalize, regulate and tax recreational green for adults 21 and older. In addition, investors are speculating that with Joe […]
Is the stock market open on Black Friday? That’s a question investors ask about the stock market including the New York Stock Exchange, Nasdaq, and others. This year Black Friday falls on November 27, 2020. The stock market is closed on Thursday, November 26 for the Thanksgiving holiday. On Black Friday the stock market – […]
Is the recent energy sector breakout here to stay and do we have higher to go? Watch the video to see my thoughts on this recent market event.
With tomorrow being Thanksgiving I thought it might do us some good to think about all of the things we have to be thankful, even in the midst of a pandemic, recession, and polarized political environment. I’m thankful for you. You and other readers are what drive me to research investment ideas and share what […]
Utz Brands (UTZ) recently announced Q3 earnings of 26 cents a share on revenue of $248 million versus Wall Street’s forecasts at 11 cents a share on sales of $246 million. The 15-cent beat by UTZ was impressive. Net income checked in at $17.9 million versus $8.5 million in the prior year. UTZ also recently […]
The search for yield has been a long-term theme among investors, for more than a decade. Interest rates have been microscopic ever since the Great Recession, and many fixed income products have lost their allure. At first, asset classes like muni bonds and high yield corporate debt became the go-to products for those looking for […]
Nio Inc. (NIO) continues to accelerate on the electric vehicle (EV) boom. Since bottoming out at $2.23 in March 2020, NIO skyrocketed to $51.02 as of the time of this writing – and it appears nothing can slow it down. Helping quite a bit, J.P. Morgan upgraded the NIO stock to a buy from a […]
There’s been a massive amount of unusual options activity in electric vehicles and related companies this past week. FuelCell Energy (FCEL) makes hydrogen fuel cells for power plants, although the technology is often talked about for use in electric vehicles, and has seen its share price climb 109% this past week. FCEL options traded 11x […]
I recently ran across a special retirement report that included some shocking data. The report used historical investment results to help retirees project how long their savings will last. Of course, the hope is that your retirement savings last for the full length of your retirement. The scary news is that by using traditional investment […]
