Buffett & Bitcoins
Over the weekend, Berkshire Hathaway held its annual shareholder's meeting. The Berkshire shareholder meeting is one of the most unique of all time. It is by far the largest shareholder meeting…
The Fed and the Value of the Dollar & Risk Assets
It is the national policy for virtually every centrally planned economy on the planet (which is all of them) to devalue the currency. Economic central planners use currency as a tool…
Tesla Report Earnings | Musk Says Q’s Are Boring | Stock Tanks
Yesterday after the close, Tesla reported their production and earnings number to the public. We think their production performance was a slight beat relative to expectations. Tesla has consistently over promised…
Apple Does it Again
Apple reported earnings last night and they surprised most everyone on the upside. Expectations came down for all the phone makers in the past month as phone component suppliers reported…
Tesla (TSLA) Earnings Preview
Tesla will be reporting earnings on next week on Wednesday, May 2, 2018, and was the topic of discussion on Options Action today. Investors typically focus on earnings and guidance…
Is Boeing Giving Up the Ghost or Preparing to Fly?
On Friday, 20-April-2018, Mike discussed the possibility that Boeing (BA) was in the process of rolling over after a very strong bullish move in the stock that started in Q1-2016.…
The Difference Between Rich People and Poor People
Or radio, TV and the internet, there are people out there who sell some get rich scheme. We were listening to NPR yesterday evening and the subject was Real Estate…
Mises Moment | How the Postal Service Loses So Much Money
On April 5, 2018, we wrote an article about Amazon and how they were taking advantage of taxpayers by paying the US Postal delivery fees that are below their cost of…
The Big Bank’s Beat on Earnings but Stocks Take A Beating | What’s Ahead for Morgan Stanley (MS)
Friday was a big day for banks reporting earnings. The reports were good but the street was disappointed and their stock prices fell. Now Morgan Stanley is on the radar…
So Volatility is Higher than Last Year | Now What?
Unless you are an investor living under a rock, you know that the volatility of returns we are witnessing in the marketplace are lately are much higher than what we have experienced since…