Uranium Ban?

On December 11, 2023, the US House of Representatives passed H.R. 1042 – title: Prohibiting Russian Uranium Imports Act. The Senate passed the bill on April 30 and it was signed into law two weeks later, on May 13, 2024.  The purpose of the law should be pretty obvious – to end U.S. reliance on uranium (enriched […]

Trump Wins and the Markets Go Wild

As I write this the Dow is up 3.21%, The Russell 2000 is up 5.01%, the S&P 500 is up 2.12% and the Nasdaq is up 2.42%.  Meanwhile, all of your commodities are down.  Gold is down 2.65%, WTI is flat and silver is down 4.53%.   However, Bitcoin is hitting all-time highs!  Coinbase is up […]

Elon’s Deal With The Devil

What do you do if your company has 50% of its production capacity in China, and competition in China along with rising trade tensions between the U.S. and China is really starting to hurt? If you’re Elon Musk, you hop on a plane for a meeting with the #2 man of China’s communist party and see […]

AI's Power Problem

Both Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOG) reported excellent earnings last night. Just when the stock market really needed a shot in the arm, too.  As of last Friday, April 19, the S&P 500 was down around 5% from its all-time high, set on March 28. Investors needed some good news to stop the […]

This Stock is a Coiled Spring

When Second Place is a Winner Australia is the world’s biggest producer of iron ore used to make steel. No surprise it’s home to the world’s largest iron ore mine, operated by London-based Rio Tinto (NYSE: RIO). Brazil is the world’s second-largest iron ore producer and also home to the world’s second-largest iron ore mine, […]

Brutal Beating for AI Stock

There’s a stock market rule that says all gaps must get filled.  A gap is something you see on a stock chart when an index or stock ends a trading day at one level and then starts trading the next day at a higher price. It literally creates a gap on the price chart. For […]

How to Pick a Winning Trade

How to Be a Winner About a month ago, we were whiling away the afternoon on the deck grilling burgers and playing horseshoes, a younger relative told me he had bought AMD, the semiconductor maker, as a play on AI. Now, I’ve long given up offering advice on stocks to friends and relatives unless they […]

People Still Hate These Stocks

Like most kids, stepping out into a fresh Baltimore snowfall,  the first thing my son would do is start packing a snowball. Ever the obliging father, I would give him an unflinching human target. But of course, a one-way snowball fight isn’t that much fun. Strangely, until he was 11 or 12, the fun of […]

Oil Stocks for the War Rally

You’re probably aware that a few high-level Iranian military officers were killed in an airstrike on the Iranian embassy in Syria a couple of weeks ago.  Israel hasn’t taken credit, but it’s pretty obviously part of Israel’s war against Hamas – because Hamas is backed by Iran, as are Hezbollah and the Houthis. The U.S. […]

A Broad Commodity Rally Is Here

Today the CPI which is the Fed’s gauge of inflation came in higher than expected and the market sold off. The biggest inflation movers were rent and gasoline.  Rent of primary residence jumped 0.4% in March.  This number has gone up at least 0.4% for 31 consecutive months.  Despite what you hear on the news, […]

Speculators: A Copper Penny Stock

A couple of weeks ago, Nvidia held its annual GTC developers conference. Developer conferences are where tech companies tease their upcoming products to get developers fired up about what new capabilities they will have to work with. Developers are key to a tech product’s success – if they don’t make cool apps and software for […]

The Best Silver Trade, Hands Down

The Best Silver Trade, Hands Down Silver just hit a two-year high and is close to breaking out above a five-year high.  The precious metal is going up in value for several reasons.   Things like oil, gold, and copper are undervalued and looking for a reversal to the mean.  This trend could continue as the […]