Buying Low is the Best Revenge
We’ve successfully struck upon some successful trades recently in the days leading up to various companies’ earnings releases, including Apple (AAPL) and Knight-Swift Transportation (KNX). If you’re looking for another similar opportunity, scroll down to review Marathon Petroleum in...
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THE BIG IDEA
On June 21, 2018 Supreme Court Justice Anthony Kennedy issued his final decision before retiring, and reshaped the laws that will govern future taxation on interstate e-commerce sales.
For decades, states had been prohibited from collecting sales taxes on residents’ transactions when were...
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THE BIG IDEA
Fortunately, most people don’t ever have to think too seriously about donating an organ, or receiving an organ transplant. Perhaps they ponder it for a few moments when getting a new driver’s license. But that’s often as far as the thought goes...
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The Stock Market is on Winter Vacation ... in the Dog House
We’re entering 2019 at what might be the bottom of a three-month stock market downturn. I anticipate that the market won’t return to its 2018 all-time highs until the third quarter of at...
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THE BIG IDEA
Let’s talk proteins.
Proteins are the large, complex molecules that do the lion’s share of the work in your cells and are essential for all living organisms. They’re made up of hundreds of thousands of amino acids, smaller units that are attached long,...
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Another Dow 30 Shakeup is Coming
November brought some significant news about General Motors (GM) and United Technologies (UTX), while General Electric (GE) continues to invite investor inquiries. As our portfolio stocks experience share price recoveries alongside the broader market, in the aftermath of October...
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Apple (AAPL) Redux
Welcome to November, holiday season, winter’s coming, and mid-term elections! As if a stock market correction wasn’t providing enough excitement…
Today I’m doing something slightly different. I normally feature one stock from each of our three portfolios in the monthly issue. Today of...
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THE BIG IDEA
A lot of attention is given to the companies that develop blockbuster drugs. Far less attention is paid to those that make the sophisticated manufacturing equipment that allow drugs to be developed, made for clinical trials, then produced at scale when approved.
These...
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THE BIG IDEA
Read slowly. This will take some time to digest.
We are on the verge of a renaissance in the industrial manufacturing industry that will forever change how products are designed, built and introduced to market.
This renaissance is being driven by the same that...
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General Electric: Still a Hot Mess
This week, General Electric (GE) announced that, after a brief tenure, CEO and Chairman John Flannery is being replaced by Larry Culp, former CEO of Danaher Corp. Don’t get all excited about Larry Culp, nor about yesterday’s jump GE’s...
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THE BIG IDEA
Warren Buffett is widely considered one of the best investors in history. Over the last 53 years Berkshire Hathaway’s (BRK/A) per-share market value has grown at an average annual rate of 21%. That works out to 10% better, every year, than S&P...
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How to Exercise Caution While Riding the Bull Market
Many investors remember that late in the summer of 2017, I cautioned you that the stock market was due for a pullback. At that time, the market had risen steadily since November 2016, and showed sign...
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Valuable Investor Tools
If you’re not in the habit of listening to quarterly earnings conference calls, I suggest that you pick one of your stocks, and visit the company’s investor relations page. You’ll likely find their earnings press release, a webcast of the management call...
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THE BIG IDEA
The size of the market for electronic business-to-business (B2B) payments is hard to wrap your mind around. In the U.S. alone, it’s estimated that current B2B payment volume tops $20 trillion.
That’s a lot of Benjamins exchanging hands.
Even in such a big there’s...
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THE BIG IDEA
The year was 1956. Peter Pappas, originally from Cyprus, had recently returned to New York City after fighting in the Korean War. Sensing a need for food deliveries to local restaurants, Mr. Pappas teamed up with his cousin and founded the Butter...
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Distinguishing Between Normal Equity Market Corrections, Bear Markets and Recessions
I’m going to make a really simple statement. Please read it three times and tell me if it helps you relax just a little bit:
The S&P 500 index rose 21.7% in 2017, and it’s 1.7%...
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News About International Trade Negotiations and NAFTA
The vast majority of Americans are not exposed to what’s happening in international trade negotiations, simply because the topic is too extensive to be covered by common news sources. So instead, Americans receive sound bites amounting to two...
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THE BIG IDEA
Warby Parker launched in 2010 selling eyeglasses online. With prices starting at just $95, its glasses have always been a lot less expensive than many alternatives out there, especially for buyers used to going through traditional eyeglass channels.
The business came about its...
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THE BIG IDEA
You’re as smooth as Tennessee whiskey,
You’re as sweet as strawberry wine,
You’re as warm as a glass of brandy,
And I stay stoned on your love all the time.
- Lyrics from Tennessee Whiskey, originally recorded by David Allen Coe, 1981
A few weeks ago, heard...
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Stock Sector and Industry Trends
Energy stocks experienced lots of bullish price action in recent weeks. I expect most of them to pause in their uptrends, and that could include pullbacks, which would be perfectly normal. Use the pullbacks to add to your favorite stocks.
Yesterday,...
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