The Distribution of Equity Returns: Almost 200 Years of U.S. Stock Performance
After the fastest bear market drop in history, the S&P 500 rallied and now has a year-to-date total return of -4.7%. The year is not over, but in the context…
AMZN: Visualizing the Size of Amazon, the World’s Most Valuable Retailer
As brick-and-mortar chains teeter in the face of the pandemic, Amazon continues to gain ground. The retail juggernaut is valued at no less than $1.4 trillion—roughly four times what it was…
GDXJ: The Junior Gold Miner ETF
In traditional monetary theory, one should see price inflation if the supply of money and credit rises more rapidly than the production of goods and services. This situation is probably…
GILD: Gilead Update
Back on June 7, we suggested investors take a look at Gilead. Gilead is a huge biopharma that is in the race for treatments for Covid-19. This article is for…
TLT: Bond Market Update
On 23-June-2020, we presented our opinion concerning the price of long term bonds as represented by TLT, the 20+ year T-Bond ETF. In that discussion, we suggested that bond prices…
BIG: Big Lots, the Big Surprise
Biglots made an exciting announcement on Friday, and that communication caught the investment world flat-footed. This article is for paid members - please login or subscribe for access.
KSU: Kansas City Southern, Inc.
The rails have been one of the surprising beneficiaries since the financial crisis. We say surprisingly because, in the 70, 80 & the 90s, the railroads have been poor financial…
WLSH: Wilshire Broad Market Index, Risk Assets Provide a Clue of What is In Store
Every day, we talk to the average person on the street, and they cannot understand why the stock market is moving higher while the average person's experience is not so…
TLT: Are Bonds Still Safe a Haven?
As much as the stock market shocks the average bloke, it is the bond market that has people scratching their heads. This article is for paid members - please login…
PTON: Will Peloton Take Investors for a Ride?
Peloton is one of the Covid-19 stocks. At first blush, you might think it would be a marginal beneficiary for the lockdown. Since people cannot go out, they decide to…