Stock picks, trading ideas and portfolio strategies from Wall Street's best traders, investors and pundits.
What began like a strong session ended up in disappointment for the bulls. In what started as a celebration of Chairman Bernanke’s testimony ended in shock and disbelief. Why the equity market is shocked that ending or tapering off of quantitative debt purchases by the Federal Reserve is not inevitable is really beyond me. What [...]
The equity market’s gradual ascent continues. The JP Morgan (JPM) annual meeting resulted in maintaining Jamie Dimon in the positions of CEO and President. Apple’s (AAPL) Tim Cook got grilled by US Senators but all that we heard was what we already knew – if the US reduced its rates then Apple would repatriate cash. [...]
The markets are slightly lower this morning. Yesterday stocks finished slightly lower also, but after such a big rally one might expect to see a larger pullback or more profit taking ensue. But this has not been the case for months now. It’s still early today, but the odds favor more of the same. There [...]
I have taken off two days for my civic duty (on jury duty), two days for faith (Shavuot) and two days for family (graduation at Boston Univ. Law School) and (Seton Hall Nursing School). My wife, a BU Law grad presented our son with his diploma. As a member of the SHU faculty, I was [...]
Gold and silver and stocks and bonds and real estate and cash and checking accounts and money market accounts and taxes and bailouts and crises and terrorism and corruption. I’m sure I left a lot out, but those are some of the topics I’ve been addressing for my subscribers and in Washington while I’m here [...]
What are the major disruptive technologies, ie, Revolution Investment themes, that have made people rich over the last decade? 1) Internet sites — Yes, despite all the dot-com companies that went bankrupt and all the fortunes that were lost gambling on pie-in-the-sky ideas like Pets.com and Webvan, the dominant Internet destinations have become de facto [...]
Here’s my take on the markets today, May 14th, 2013. If you’d like to read more of my articles, click here. Credit gauges are mixed today. The Libor-OIS Spread is falling -10.5% to 14.41 bps. The North America Investment Grade CDS Index is falling -1.6% to 72.45 bps. The US sovereign cds is down -6.2% [...]
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