If you had to pick the biggest loser of our ongoing pandemic and the trade wars, it would be the retail industry (XRT). Higher costs which can’t be passed on, rising minimum wages, lower selling prices, and a massive inventory glut is not what money-making is all about. Now, take all of those problems and
Thanks for the great newsletter and advice. I truly enjoy it. You are one of a kind! Credits to you as my financial navigator, as I am finally making some serious money after years of doing it the hard and wrong way. Kind regards Rolf
I have been in the money management business for 35 years and really enjoy your service. I just want to say that the way you handled the start of the year which was a combination of exploiting opportunities from an oversold market combined with your overall risk mitigation strategies was not only brilliant but profitable
"I manage one million people, and managing people is like managing animals, and I don't like managing one million animals," said Terry Gou, CEO of Chinese manufacturer, Foxconn, where employee suicides have been rife.
Corporate earnings are up big! Great! Buy! No, wait! The economy is going down the toilet! Sell! Buy! Sell! Buy! Sell! Help! Anyone would be forgiven for thinking that the stock market has become bipolar. According to the Commerce Department’s Bureau of Economic Analysis, the answer is that corporate profits account for only a small
"We may be moving from cautiousness to optimism, but euphoria is down the road," said Bob Doll of Nuveen Asset Management.
You are in safe hands now with your trading portfolios up nearly 23% on the year if you had followed every one of my Trade Alerts to the letter. I know a lot of you made much more. I would have delivered a much higher return in 2018 if I had taken off a week
"If I had a ticket to Heaven, and you didn't have one, I'd give it away and go to hell with you," said president Ronald Reagan to retiring House Majority leader Tip O'Neal.
I have been reading Warren Buffet's annual letter to his Berkshire Hathaway (BRK/B) shareholders for 41 years. During this time, I can't recall reading a single page that did not improve my own trading and investment skills. This years was no different. Of course, it helps that Warren was a founding subscriber to my own
I was somewhat taken aback when I picked up my new Tesla Model S-1 a few weeks ago. Right now, with only 20 miles on the odometer, the car is stupid, said the salesman. But it has an artificial intelligence program that will start learning as soon as you drive it off the lot. He