Money Goes Where It Is Treated Best

Money goes where it is treated best I am currently reading Why Nations Fail: The Origins of Power, Prosperity, and Poverty, a book by two economists Daron Acemoglu and James A. Robinson. The authors, referencing many years of research and a vast number of examples, explain why some countries succeed and others fail – and […]

2 AI Stocks Raise Money

How to Profit as These Two AI Stocks Raise Money from Wall Street Two companies on my watch list announced fund-raising moves last week. One announced a secondary offering of stock, one announced a convertible bond sale. Both stocks sold off on the news and are offering investors a nice entry point. Let’s start with […]

I Said I Wouldn’t Write This…

I told myself I wasn’t going to do this. In fact I had another article mostly written… But then…Nvidia… And I get it. It’s like the Bat Signal when the financial media is hitting the hysteria button…kinda hard to ignore… Nobody does hysteria like the Twitter-sphere (or whatever it’s called now, the X-scape maybe?)… just […]

China’s Big Mistake

Last week we talked about unintended consequences and the inevitable problems that come from central planning.  There are plenty of people out there with the hubris to believe that  they are a genius and run things better than everyone else. But the truth is that free market capitalism, born from the seeming chaos of a […]

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 […]