It Can Still Be as Easy as Green, Yellow, Red
Oct 23, 2018 | Investing Strategies
You never know when stocks can go a lot higher; it’s important to remember that. Investors are showing notable levels of worry and concern right now. There are a lot of factors at play that are driving this concern. To name just a few, there are rising interest rates, geopolitical concerns, and fears of trade war. And that is only…
Investors: “In Cannabis We Trust” as Canada Launches Legal Pot
Oct 19, 2018 | Investing Strategies
Wednesday, Oct. 17 was the big day. At the stroke of midnight, stores in provinces all across Canada opened their doors, ready to sell legal marijuana products. Eager customers waited for hours in lines that were hundreds deep. As Canada became the second country in the world to legalize marijuana across the board — and the first G7 country to…
The Death of Sears and the High Cost of Nursing a Bad Investment
Oct 16, 2018 | Investing Strategies
We’re witnessing the fall of an American icon. Sears Holdings Corp. filed for Chapter 11 bankruptcy on Oct. 15. The 132-year-old retailer is now fighting for its life, hoping to avoid liquidation by creditors. About 68,000 American jobs are at stake. If the creditors agree to a deal, Sears could keep its doors open. But the company is burning $125…
Is weed the new Bitcoin? (Yes, but that’s a good thing.)
Oct 12, 2018 | Investing Strategies
“Is weed the new Bitcoin? ” This was the question posed by Bloomberg in September, when medical marijuana stock Tilray (NASDAQ: TLRY) had one of the wildest one-day price moves anyone has ever seen. On the wild day in question, TLRY almost doubled on billions of dollars in volume before losing all of the gains in an hour. It then…
Cranky Judges and the Tired Brain Effect
Oct 09, 2018 | Investing Strategies
You have probably had the following experience or something like it. It’s the end of a long day. Someone asks “What do you want for dinner?” Or “Where should we eat?” Your answer is something like: “I’m all out of decisions. It doesn’t matter. Let’s do something easy.” The experience is common because decision fatigue is so common. It gets…
Amazon’s Latest Move is a Nightmare for Retailers
Oct 05, 2018 | Investing Strategies
Here is a little-known fact about Jeff Bezos. He once considered naming his online book store “Relentless,” and registered the URL in September 1994. In fact, if you type the web address www.relentless.com into your web browser, it redirects toward Amazon to this day. That makes perfect sense, because Jeff Bezos is the most relentlessly brilliant businessman who has ever…
There is No Such Thing as a Widow-and-Orphan Stock
Oct 02, 2018 | Investing Strategies
Repeat after me: There is no such thing as a widow-and-orphan stock. One more time for emphasis: There is no such thing as a widow-and-orphan stock. Wikipedia defines a widow-and-orphan stock like this: In stock markets, a widow-and-orphan stock is one that reliably provides a regular dividend while also yielding a slow but steady rise in market value over the…
Facebook and Alphabet Aren’t Tech Stocks (and the Telecom Sector No Longer Exists)
Sep 28, 2018 | Investing Strategies
For market investors, today (Sept. 28) is a very different day than the one that came before. To some extent that is always true — in the stock market every day is different. But for Sept. 28, it’s especially true, due to some big changes in how stocks are officially classified. How big? Try this on for size: Facebook and…
Investment Excellence and The Hunt for 7-Footers
Sep 25, 2018 | Investing Strategies
In February 2008, Warren Buffett used a basketball analogy to explain his early investment process: In 1951, after I graduated from school, I used Moody’s and S&P manuals as my sources of information. I went through them page by page. I was like a basketball coach looking for 7-footers. I still have to find out if he’s coordinated, and can…
Extreme Caution Is Warranted for Tesla
Sep 21, 2018 | Investing Strategies
For all investors involved with Tesla (TSLA), we have a simple message: Proceed with extreme caution. Tesla bulls should consider stepping aside until the market provides an all-clear. And Tesla bears should limit their exposure through the use of put options (or some other means of capping upside spike risk). Tesla is an extraordinary company in many ways. As a…