Folks, I never invest directly in small-cap biotech stocks… And neither should you. The stories involving these stocks often read like horror novels… Failed drug therapies, fraud, and even death are a few things that come to mind. And when any of this bad news happens… the stocks get crushed. But the thing is, these …
Let’s talk about what we really want as investors… Yes, we all want to find stocks that go up. But let’s try to stand apart from the gazillion other folks who are looking for the same thing… We really want 10-baggers! Now, they’re rare. Not many stocks go up 1,000%. So don’t expect to find …
When a multibillion-dollar company starts to change trend… I take notice. You should, too… This company’s market cap is roughly $31 billion today. It does more than $10 billion in sales each year. It’s in a life-changing business as well. It makes a handful of drugs that treat neurological diseases. And more than half its …
Folks, we’ve survived another wild month in the markets… The S&P 500 Index gained roughly 9% in July. It was the benchmark index’s best month since November 2020. Despite that, we’re not fully out of the woods yet… The S&P 500 is still down roughly 12% since late March. And it’s still down about 15% …
I don’t like being the bearer of bad news… After more than 50 years analyzing the markets, I’ve learned that opportunities always exist somewhere. But we’re facing an especially tough market this year. And that means some opportunities come at a cost. That’s especially true in the energy sector… I recently shared a message with …
Bad guidance is one thing. But social media company Snap (SNAP) has a bigger problem… Let’s deal with the guidance problem first… The company expects to miss the lower end of its previous guidance. But that shouldn’t shock anyone. After all, as I said on July 13, advertising – even the digital kind – is …
Snap’s Horrible Guidance Isn’t Its Worst Problem Read More »
When the goalposts keep moving, it’s easy to get confused… First, the Federal Reserve told us that inflation would be “transitory.” Next, the Fed started saying that inflation really wasn’t as bad as the government’s own official data showed. It tried to tell us other metrics showed something different. And now, the federal government is …
The value of the U.S. dollar is soaring right now… It’s up roughly 20% from its most recent bottom at the start of 2021. In short, we’ve entered a “strong dollar” era. On the surface, that sounds like a good thing. After all, most folks want to be strong. But global currencies aren’t people. As …
The Biggest Problem With the U.S. Dollar’s Strength Read More »
Netflix (NFLX) shareholders breathed a sigh of relief last Wednesday… The stock jumped more than 7% that day. The big move higher happened after the video-streaming giant said it lost only 970,000 subscribers in the second quarter. Now, in most cases, losing almost 1 million subscribers in a quarter would set off alarm bells. But …
We’re Seeing 2012 Netflix Again… But Only Halfway Read More »
Sometimes, Microsoft Excel spreadsheets do more harm than good… About a month ago, Kellogg (K) announced a plan to split itself into three independent, publicly traded companies. These three businesses will cover breakfast cereals, snack foods, and plant-based foods. When companies announce plans like that, most Wall Street analysts turn to Excel… First, they plug …
