Sunday, May 19, 2024
Last week I made several presentations at the MoneyShow in Orlando. I enjoy shows like this, where I can meet you, my subscribers, and get information on other investment ideas. With the stock bear market this year, many investors wanted information about alternate investment ideas. Investing in whiskey barrels or casks has become a hot […]
Elon Musk has certainly been busy: first, he bought Twitter, and now there’s news that his car company, Tesla (TSLA), may be looking to take a major stake in one of the world’s mining giants. The Financial Times reports that last year, Tesla began preliminary talks with Swiss commodities company Glencore (GLNCY) about taking a […]
A few weeks ago, I called this bear market rally going on in my free Thursday video. Today, in my newest Thursday video market update, I’m now making a prediction on where the S&P 500 could hit by year end. I’m looking strictly at the technicals of the chart which is what I base my […]
The whole growth-versus-value investing debate must be one of the dumbest discussions of all time. That may sound funny coming from someone who uses a value-oriented approach to picking bank stocks, REITs, and closed-end funds. Surely, I of all people believe that value investing works. It’s true – I do believe it works, and I […]
Hedging against a big stock selloff can be expensive when using options. One way to reduce the cost is by using options spreads. A more complex spread that can be useful in this situation is a put butterfly. A strategist bought over 20,000 put butterflies in SPDR S&P 500 ETF (SPY) that expire at the […]
On September 15, Adobe (ADBE) agreed to purchase the privately held design software company Figma for roughly $20 billion. The purchase price, which Adobe will pay half in cash and half in stock, is double what Figma was valued at in its most recent private funding round in 2021, and 10 times its 2019 valuation. […]
Last week, several formerly high-flying, large-cap tech stocks fell back to earth after disappointing third-quarter earnings results. Investors counting on these well-known names will be disappointed. Instead, it’s time to look at companies that put investors first… Third-quarter earnings from Alphabet (GOOG), Microsoft (MSFT), and Meta Platforms (META) came out on Wednesday, October 26. Much […]
To help hold down fuel and energy prices, the Biden administration has been selling oil out of the Strategic Petroleum Reserve (SPR), to the tune of three million barrels per week since the start of the year. Now, with the SPR at its lowest level since the 1980s, the administration’s plan to refill the reserve […]
One of my favorite places to hunt for dividend stocks is among the companies Wall Street is avoiding—and chiefly among these, at the moment, are materials stocks. Wall Street is fearful a deep recession will hurt demand for materials, especially industrial metals, so it keeps selling off these companies’ stocks. Meanwhile, Wall Street is also […]
In my free weekly video, I have an interesting chart to show you. Over 20+ years, the S&P 500 has a historical pattern of how it performs in November and December. But, more importantly, how it performs during midterms. We have midterms in two weeks, obviously, so let me give you a glimpse of how […]
