Chart of the Week: Here is Who Wins When Mortgage Rates are Falling:

Mortgage rates may have peaked.  The Federal Reserve could start cutting rates as soon as March.  Ally Financial (ALLY), an auto lender, was up 10% on Friday after beating its earnings estimates and announcing a sale of its point-of-sale business for $2.2 billion.  If rates continue to drop it will be good for lenders.  Just […]

How Safe Is Rivian Stock?

You’ve probably seen footage from the coldest parts of the country: Teslas abandoned on the street because the lithium-ion batteries can’t hold a charge when it’s wicked cold out. It’s not a very good look for the electric vehicle (EV) sellers that are seeing weakening demand growth anyway… EVs lose close to 15% of their […]

The Davos Man Can Suck it

The Davos Man Can Suck it This is the worst week in the financial year, by far.  This is the week where the high and mighty, the self serving elite together with their groupies gather in Davos, Switzerland. They drink champagne, eat bonbons and form committees to tell the rest of us how to live. […]

"An Amazing Turnaround"

It’s really cold out and my dumb dog won’t come inside.  We actually got a freeze down here in southern Georgia last night. The mid-day temp still hasn’t broken above 40. And Maxie is sitting outside waiting for her walk. I’ve told her several times “it’s g%d&$#$m freezing out and we’re not going anywhere” but […]

Bitcoin Exchange Trades Funds (ETF) Are Here

Pro Trader Today Chart of the Week: The Sold the News on Bitcoin Bitcoin Exchange Traded Funds (ETF) are here.  And as I predicted last week it would be a “sell the news event.” Most of these new funds are down over 15% on the day. That said, if you are looking for a simple […]

"If I Weren't Nervous, I'd be Worried"

Late last night, the U.S. and the U.K. fired over 100 missiles at 60 Houthi targets in Yemen. I’m sure you’re well aware that the Houthis have been using drones, rockets and even small ships to indiscriminately attack cargo ships in the Red Sea for over a month now – it’s about time the U.S. […]

My beautiful wife was in a panic

The Dogs are Out My beautiful wife was in a panic.  “The dogs got out,” she shouted. “Oh, crap,” I thought.  “That’s bad.” Our fence was old and rotting away.  We had been in this house for ten years and wood had given away to soggy mush.  I had been patching it up here and […]

Houthi Attack Ships, Rates Soar

Houthi Attack Ships, Here is How to Profit They say you should buy when there is blood in the streets, well we have blood in the water.   The Iran-backed, Houthi rebels in Yemen are attacking ships in one of the most busy shipping lanes on earth.  This has caused many shipping companies and insurers to […]

Saudi Arabia Learns a Lesson

I’m starting to think that Saudi Arabia learned its lesson from 2014-15.  2014 was the year Saudi Arabia decided it would retake control of the global oil market. Oil prices were up over $100 a barrel. U.S. oil companies weren’t allowed to export yet, but even the Saudis knew it was inevitable – and they […]

Today's Trading Plan

AI Bets Big Wins Big on Carnival Trade I recommended Carnival Cruise Lines (NYSE: CCL) to Pro Trader Today readers on September 13 at $15 a share. Like many investors, I sometimes suffer from premature allocation – a month later the stock was trading at $11 a share… Even back in September and October, it […]

Is the Rally Over?

A week ago, it was all sunshine and roses. Inflation was defeated, rate cuts were coming, gasoline was cheap, strategist-types were calling for new record highs – celebrating 2024 seemed like a pretty good idea… Then the calendar  flipped, and so did the bulls.  Tesla (NASDAQ: TSLA) reported record deliveries for 2023 – stock tanks […]

I Just Had The Best Three Months Investing In My Life

Swim or Die.  Investing in an Era of Inflation I just had the best three months investing in my life.  My personal portfolio was up 27% in the quarter.  I have had better returns in percentage terms but it’s never been better in terms of how much money I made. This isn’t shocking.  The Nasdaq […]