04-APRIL 20-2021

I KNOW WE DIDN'TGood morning.
Ford Motors (F) was founded in 1903.  In its 118 years as a company, it’s been built up as a giant in the automotive sector with a $48 billion valuation.  But thanks to a rise in electric vehicles, the company saw Tesla Motors (TSLA) surge past it in value last year.
Now, another player is moving past.  But it’s not an automotive firm.  Started in 2013 as a joke based off a meme, the new $50 billion player on the market is Dogecoin.  The digital currency does have some use as a currency, and there’s no saying when its explosive move may go higher.  But just as Ford started seeing its shares move higher on news that it was developing electric vehicles, it may be time for the company to start embracing cryptos as well.

Now here’s the rest of the news:

A Florida McDonald’s Is Paying People $50 Just to Show Up For an Interview (and Still Struggling to Find Applicants)
–Kate Taylor,Business Insider
The biggest challenge is the federal and state governments continue with this unemployment, because that is truly creating the incentive to not work right now… [Read Here]

April 20, 2020

Toy with PeopleGood morning.
All the talk of reopening the economy sounds great in theory, but how does it work in practice?  I know people are buying on the headline and the actual details can be sold later, but this seems like the biggest disconnect I’ve seen since 2008’s “soft landing.”
The reality is that “reopening” means different things to different people.  Unfortunately for those making policy decisions, it doesn’t mean that restrictions stay away, and life goes back to normal.  At some point, the market may awaken to that.

April 20, 2019

(nil)

IMG_0712
Come From Aways, Do You?

More Posts

05-MAY 07-2021

Good morning. Hedge funds have been selling their tech stocks for 9 of the past 10 sessions, based on brokerage data.  What’s more, these funds have been selling more than they own, essentially going short.  That’s a huge reason for the weakness in tech in the past few weeks, even as the overall markets remain near all-time highs. The last time funds were this short was back in late December, right before a surge in some smaller-cap tech names in January and February.  Based on this data, traders may want to look at some call options on the tech space

05-MAY 06-2021

Good morning. Most sectors of the economy have been on fire this year.  But, there’s one area that’s steeply in a bear market.  It’s the media, more specifically the news media.  Cable news outlets have reported viewer drops as much as 50 percent.  And the New York Times Company (NYT) reported a sharp slowdown in growth. It’s no surprise that the news media benefited in the past few years from the public’s interest in all things Donald Trump.  Now, with Trump out of the White House and the media avoiding stories about him, it’s no surprise that viewers are going

05-MAY 05-2021

Good morning. It’s been a great earnings season.  But companies like Amazon (AMZN) are now in correction territory, down 10 percent, since reporting record blowout numbers.  Other big tech names are in the same spot.  And smaller tech plays?  They’re likely already in a bear market. It’s a combination of factors at work.  The first is rising inflation numbers. The second is the prospect of higher interest rates to curb inflation.  And finally there’s the fact that companies are coming off of earnings that look great compared to a year ago at the start of the pandemic.  All these factors

05-MAY 04-2021

Good morning. Online auction site eBay (EBAY) became huge in the 1990s thanks to the demand for Beanie Babies.  As the central site for that fad, the company was able to expand and survive the internet bubble. Now, the company is looking to enable cryptocurrency payments, to better serve its customers.  It’s also looking to break into the NFT, or non-fungible token market.  NFTs are digital assets like a picture or song.  While they can be copied, blockchain data provides the owner of the NFT with the assurance that they are, in fact, the original owner.  NFTs have been big

05-MAY 03-2021

Good morning. The stock market had its steepest and shortest bear market last year, with a contraction of nearly 30 percent within the span of a month.  Now, a year into a recovery, the rally in stocks has started to slow. One reason? Growing policy uncertainty.  Stocks sold off Friday as a Fed President made the case for housing getting into bubble territory and a need for interest rate hikes next year.  Just like in the early 2020s, in the post-financial crisis rebound, fears of reduced monetary policy are usually good to create a pullback in markets. We’re still a

05-MAY 02-2021

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy! Naturally beautiful: Lots of things to do in beautiful, Newfoundland, Canada. …on the Rock! p.s. “It’s okay to modify the dream.” –Morgan H. Nichols May 02, 2020 You’re one of those people who are stuck in their ways. It’s hard for you to change your routine. We’ve all heard of the saying “You can’t teach an old dog new tricks.” In reality, you can’t change your mind without a commitment to change.  Most people are ‘checked out.’

05-MAY 01-2021

Today! May 01, 2020 Gold Prices Going to “Pop” to $2,700 … Easily “Despite a weakened economy, stocks continue to rise on the back of monetary stimulus, which is bound to push gold prices even higher.” —Frank Holmes Good morning. “There’s no harm in holding cash, as long as your bank isn’t charging you to do so, which is probably coming down the road, so be prepared!” —Dennis Miller Now is a good time for investors to be scared — one reason is that there’s general agreement we’re in a recession … as economists rarely agree on anything. Just last

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a comment

Send Us A Message