Shocking Elon Musk Speech

Shocking Elon Musk speech I caught a transcript of an Elon Musk speech from March 1, 2024, and it shocked me. Musk said,  “I’ve never seen any technology advance faster than this. The chip shortage may be behind us, but AI and EVs are expanding at such a rapacious rate that the world will face […]

COVID Market

Four years ago today, a Friday, I was speeding out of Baltimore, on my way to New Orleans. My daughter was a junior at Tulane University. Along with the rest of the world, it was shutting down because of COVID. Students had till Sunday to abandon ship. I did the math and even with cat […]

Do You Buy or Sell?

Novo Nordisk Launches on Weight Loss Pill.  Novo Nordisk’s stock is hitting new record highs after it announced its latest weight loss drug.    The stock has been on fire.  Novo is now Europe’s biggest stock by market capitalization having gained more than 80% over the last 52 weeks. You see, Novo Nordisk has developed […]

This Fintech Stock is a Winner

Brazilian online bank PagSeguro (NASDAQ: PAGS) looks like a winner.  Banks are typically the most sound way to invest in emerging economies. It’s a pretty basic formula: as GDP rises and more people join the middle class, all aspects of banking will rise too – deposit accounts, lending, credit cards, payment processing, etc. As emerging […]

Nvidia Insiders Sell!

The headline sounds pretty scary: “Tech Stocks See Biggest Outflow On Record…” Bank of America goes on to say that over the last week, tech saw the “largest outflow ever.” Sounds bad, right? Well, investors sold a net $4.4 billion worth of tech stocks. That’s a fairly big number. But in context? After rising another […]

Mystery Market

The Third Productivity Revolution Very few people predicted how this market was going to shape up.  A year ago the argument was between a hard and a soft landing with most pundits falling into the ranks of the hard.  They were all wrong and I’ll tell you why. But first a little background, when COVID […]

Better Buy: Tesla or Apple?

I don’t know who was in charge of sending out the invites to this stock market rally, but they seem to have left Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) off the guest list.  Pretty ballsy snub too, considering what Apple and Tesla have brought to stock market parties in the past.  Apple started 2024 […]

That’s One Way to Get Rich

That’s One Way to Get Rich I learned to trade options on the CBOE back in the day when people still used hand signals.  During a coffee break, a crusty old instructor with big shoulders, a thick mustache, and a Polish last name told me the story of Robby the Rocket. Legend had it that […]

Oil Stock Dividends

Buy Back, Baby, Buy Back The U.S. set a record for oil production in 2023, averaging more than 13 million barrels a day. As investors, we tend to rely on the formula: more sales equals more revenue and profit equals higher stock price… That formula failed pretty dramatically for American oil companies. Even though West […]

Is AI a Bubble?

Searching for the AI Bubble Is AI a bubble? It’s tough to get a straight answer. Wall Street is probably happy to let individual investors think AI stocks are a bubble… That way you stay on the sidelines and watch these AI stocks move higher and higher until you can’t stand it anymore… Because Wall […]

Market Update: Snowflake Drops 20%

Snowflake Drops 20%.  Here is What to Do Now Snowflake (SNOW) beat on both top and bottom lines and then got crushed.  In fact, they reported a great quarter.   The Chairman, Frank Slootman said on the conference call: FY ’24 product revenue grew 38% year-over-year to reach $2.67 billion. Non-GAAP product gross margin expanded to […]

Don't Buy This Stock

Jumia Jumps 50%—Don’t Buy It… Yet I met my Pro Trader Today co-founders Dave Roberts and Christian DeHaemer in 1998. We were all in the early stages of our careers in this biz, learning the ropes at a publishing company in Baltimore. We’ve golfed together, traveled together, gotten drunk together, gone skiing together, and my […]