Lovesac and Santa

The first thing that caught my eye about this company was the name… Lovesac (NASDAQ: LOVE). How can you not be at least a little curious? It obviously takes some, um, guts to give your company a name like Lovesac. I figured a degree of confidence in the business model was at least likely, so […]

Amazon's $84 Billion Secret

In 2007, the company with the biggest R&D budget in the world was General Motors. In 2008, the title went to Nokia. 2009 and 2010 were the years of big pharma, Roche and then Merck spent the most on R&D.  Volkswagen took the lead for a couple years, starting in 2011. Then in 2016, tech […]

Two Thanksgivings

In 1939, America celebrated Thanksgiving twice. 23 states and the District of Columbia had their turkey dinners on Thursday, November 23. 22 states piled their plates a week later, November 30.  Maybe not surprisingly, the split went right down political party lines. Most of the 23 states that went with November 23 as Turkey Day […]

OPEC Mutiny

I’m still a little stunned about the results of yesterday’s OPEC+ meeting. Because the big takeaway is that Saudi Arabia has lost control of OPEC.  As a little background, oil prices have been falling ever since the brief spike after the Hamas attack on Israel. Now, the Saudis don’t like it when oil approaches $70 […]

Death of an ETF

I’ve never been a particular fan of ETFs. Not that there’s anything inherently wrong with buying a group of stocks that target a particular sector or index… After all, S&P 500 Index Funds pretty much underpin America’s entire retirement savings system. And these funds have proven to be an effective way to grow your money […]

Bullish On Humanity

Good day,  I hope you all had a great Thanksgiving holiday!  Mine was a whirlwind – flew out of the Jacksonville airport on the 7 AM to Baltimore- Washington International on Wednesday. My daughter’s flight from New Orleans arrived shortly before mine. My son picked us up and we drove to Baltimore so they could […]

Drill, Baby, Drill is Dead

I’ve had this article in the hopper for a couple weeks. I started it after I watched the last GOP presidential debate back on November 8. I was fired up because every single one of the candidates offered up the exact same line about America’s energy situation.  Basically, some version of “drill, baby, drill.” Whether […]

The Blind Golfer

Melvin was 72 years old, blind in one eye and could smack the crap out of a golf ball. Probably 270-280 yards off the tee… It was maybe 4 years ago that my buddy Pete and I got paired up with Melvin and his friend, who’s name escapes me, for a round of golf at […]

CPI: To Core, or Not To Core

Despite all the recent commentary from the various Fed governors that they stand ready to do more to combat inflation, this morning’s CPI number confirms what the market already knows: the Fed is done hiking interest rates.  The CPI rose at a 3.2% annualized rate in October. And remember, that inflation number comes right on […]

King Henry Stocks

The Tennessee Titans didn’t know what to do with Derrick Henry.  He won pretty much every award there was to win as a running back for the Alabama Crimson Tide. Heisman, National Championship… Drafted by the Titans in 2016, he left college football as Alabama’s all time rushing leader.  You’d think his resume would make […]

Dead Cat Bounce

Last week sure was fun. The S&P 500 gapped higher for last Monday’s opening bell and never looked back. By the time the closing bell sounded on Friday afternoon, the S&P 500 had surged nearly 6%.  Amazingly enough, the Fed was actually a bullish catalyst. Whereas at the previous FOMC meeting September 19-20, the Fed’s […]

Did You See These Earnings??

A couple of our stocks, from the Pro Trader Today portfolio, had a pretty good day yesterday… AI drug development company Schrodinger (NASDAQ: SDGR) ramped 20% after reporting third quarter earnings. That’s a huge move for sure, but nothing compared to the 40% moonshot that Lemonade (NASDAQ: LMND) made. Now, both stocks have been hit […]