The Brooklyn Dodgers became the ultimate “wait till next year” team after World War II… They won National League championships in 1941, 1947, 1949, 1952 and 1953. But each time, they lost in the World Series to the hated crosstown rival New York Yankees. Next year eventually came for the Dodgers… In 1955, they beat …
Sometimes, ‘Wait Till Next Year’ Is the Right Approach Read More »
Charles Schwab (SCHW) recently fired a warning shot… The financial-services giant’s stock is down about 30% over the past three weeks. Thanks to the recent banking crisis, investors are worried about Charles Schwab’s future… They fear that the company’s banking subsidiary will shrink faster than it can raise money. But management insists the business can …
I needed 0.4 seconds to find out why Nvidia (NVDA) is once again in the spotlight… That’s how long my online search took. And all the results focused on the same topic. This opening sentence from the Barron’s article sums it up perfectly… Nvidia is betting big on the buzziest new technology trend: generative AI. …
I apologize in advance… I’m tapping into my “geek” side today. I want to talk about something called the Phillips Curve. Some readers might’ve heard this concept mentioned before… The Phillips Curve was a key part of financial markets many decades ago. It fueled a strong narrative involving stock prices, employment, and wages. The Phillips …
This Dying Economic Theory Is Fueling a Policy Shift Read More »
Folks, the Power Gauge is telling us to rethink the energy sector… When we mention the word “energy,” most investors typically think about oil and gas prices. From there, their focus moves on to oil and gas producers. But the producers don’t act alone. They need a lot of help from other types of companies …
Everybody knows rising interest rates benefit banks… Well, almost everybody. You see, when it comes to banks, the idea of interest can get complicated. That’s because the word itself does double duty for these institutions… When banks loan out money, interest is an important revenue source. And when banks pay depositors, interest is an important …
On February 28, CNBC published the following headline… On the surface, that headline looks bad. “Weakened sharply” sounds horrible. And it seems especially concerning for anyone who recently paid top dollar for a home. But when we dig deeper, we see that it’s not as bad as it seems at first. In fact, the last …
By This Measure, We’re One Month From Inflation Tumbling Read More »
One of Cathie Wood’s “innovative” holdings just got a letter from the feds… The last time it got a letter like that, it ended up costing the company $65 million. So once again, it looks like Wood’s definition of innovation will mean big trouble for shareholders. You see, I agree with Wood that the Nasdaq …
This Investing ‘Video Game’ Is Burning Shareholders Read More »
The mainstream media continues to stoke inflation fears in Americans’ minds… Bloomberg provided the latest example. Last Friday, it published this headline… PCE stands for “personal consumption expenditures.” Like the Consumer Price Index (“CPI”), the PCE index measures inflation. But these metrics use different data sources and formulas… In short, CPI measures direct consumer costs. …
Don’t Let Media Fearmongering Throw Off Your Game Read More »
Folks are vacationing and dining out like there’s no tomorrow… Or at least like a recession isn’t looming. Specifically, the industry that includes hotels, restaurants, and leisure activities is strong… The industry’s Power Bar ratio features 62 “bullish” or better companies right now. And only four companies are “bearish” or worse. (Learn more about the …
