Petrobras (PBR) is Breaking Out

Petrobras (PBR) is Breaking Out Petroleo Brasileiro S.A., also known as Petrobras is the national oil company of Brazil.  The government owns 54% of the shares.  In Q3, 2023 the company grew oil production 9% to 2.32 million barrels a day. The company has a $111 billion market cap, a p/e of 4.22, and pays […]

Free Money for AirBNB (NASDAQ: ABNB)

I recently reserved a house for a week in January 2025 on one of Honduras’ barrier islands through AirBNB (NASDAQ: ABNB). The Mezo-American reef system starts in Honduras, and I haven’t floated in warm Caribbean water looking at cool fish through my snorkel mask since the pandemic.  My two kids, stepdaughter and whatever significant others […]

The Road to Hell is Paved with Unintended Consequences

The Road to Hell is Paved with Unintended Consequences The S&P 500 is above 5000, the Nasdaq is off a bit, WTI is trading at $77.70 and gold is steady at $2006 an ounce.  Volume is low as traders wait to see what new tea leaves the data will drop into the remnants of their […]

Best Bundle in the Market, Baby!

Just over a year ago, on January 30, 2023, I penned The Case Against Intel (NASDAQ: INTC) for Pro Trader Today. As a person who writes about stocks and the stock market, I usually write about stocks that I like, that I think have upside and can make you some loot.  But every once in […]

Down, Down, Down

Down, Down, Down All major markets are down today.  The S&P 500 dropped below 5,000 points, the DJIA is off 700 points and even gold fell to $2,007 an ounce.  Bitcoin dropped a bit to $49,071 but oil climbed a few points to $77.99 for a barrel of West Texas Intermediary. The reason for this […]

Looking for a Bargain Investment, Part II

Last Wednesday, I shared one of my favorite stock market quotes with you… When you locate a bargain, you must ask “Why me God? Why am I the only one who could find this bargain?”  Warren Buffett’s longtime partner at Berkshire Hathaway, Charlie Munger, gets the credit for that little chestnut.  If you didn’t read […]

Chart of the Week: Credit Card Delinquencies

Chart of the Week (COW) Credit Card Delinquencies are Jumping Young adults are getting into serious trouble with their credit cards.  We haven’t seen a surge like this since the Great Recession. Credit card debt is at a record high of $1.13 trillion up $50 billion in just the quarter.  Delinquencies are also hitting highs […]

Japan is Back, Almost

Anyone who was sentient in the 1980s understands the pure force of the Japanese mania at the time.  The country was booming, building great cars and sound systems and searching the world for investments. You may remember Lee Iacocca  put out a commercial lamenting that when they put a Japanese name plate on a Chrysler […]

Looking for a Bargain Investment?

When you locate a bargain, you must ask “Why me God? Why am I the only one who could find this bargain?”  That’s a quote from Charlie Munger, Warren Buffett’s long time partner at Berkshire Hathaway. And it’s one of the greatest quotes about investing ever, because it points to what is probably the biggest […]

Palantir Jumps 30% on Earnings News

Palantir Jumps 30% on Earnings News When you hear the word “Palantir” your first thought likely goes to the crystal balls that were made by the Elves of Valinor in the First Age and were used for communication and seeing the past. However, today we are talking about Palantir Technologies (PLTR) a company that builds […]

Forewarned is Forearmed

Like most people, I have dabbled with a few different AI applications. Like, I’ve asked ChatGPT to synthesize a few images that I wanted – images that would’ve taken me hours of Photoshop-style cutting & pasting to create… I’ve sampled AI versions of a couple business partnership agreements. And I’ve asked AI to perform various […]

Chart of the week (COW) via the Wall Street Journal:

Here the chart of the week (COW) via the Wall Street Journal: It shows a surprise jump in new hires from last month.  After hearing a lot of layoffs at major tech firms one would expect this number to go down.  Unemployment is officially at 3.7%.   The economy seems to be doing great and yet […]