PayPal Update | PYPL
On November 22, 2025, we suggested traders sell a February 2026 $57.50 cash-covered put on PayPal, the internet payment processor that many websites depend on, when its stock was trading…
Tractor Supply Co | TSCO
Tractor Supply is a company we have been following for years. It is a well-run company specialty retailer, but the stock has always seemed overvalued in our view. This article…
More on Interest & the Fed Rate Hike
UST Curve and FOMC: Mornings After
Warren Buffett Steps Down, Berkshire Hathaway | BRK.B
Warren Buffett announced he will step down as Chairman of the Board of Berkshire Hathaway. Those duties will be taken over by his son, Howard, who is 71 years old.…
Inflation, Economic Growth and the Fed Raises Its Short Term Interest Rates Target
The Fed just raised its target for the short-term interest rate by 25 basis points. Notwithstanding the financial media arguing the Fed should do nothing, we think the Fed did…
Qualcomm | QCOM
Qualcomm is a company that AI investors have ignored. Part of this has to do with history, and part with strategy. This article is for paid members - please login…
Prudential Insurance Company | PRU
The stock market is acting a little toppy these days. In such an environment, it makes sense to look at mature value stocks that the market is ignoring. One such…
Recent Return in the Markets
An especially bad week across asset returns wraps up a bad trailing month. The week rang up a positive score of 5-27 across the benchmarks and ETFs we track, wrapping…
Casey’s General Store | CASY
One of our favorite under-the-radar growth stories is Casey's General Store. We started talking about the company in March of 2021, when the stock was trading in the $200 range.…
Interest Rates & Oil | The Bigger Picture
We mostly focus on individual companies as we think of the capital market as “a market of stocks, not a stock market.” The normal course of economic action is for…
Freeport McMoRan | FCX
The AI buildout, electric cars, robots, power plants, and transmission lines need copper. Since the buildout is likely to take a decade or more, we will see rising demand for…
Apple | AAPL
Apple held its annual fall product event today at Apple Park in Cupertino. The event was branded “Surprise and Shine,” but it was nothing of the sort. The event focused…