Wait, What?? Facebook

Wait, What?? Facebook

Thursday I appeared on CNBC to take the bullish side of Facebook. While I never advocate buying ahead of earnings I made sure to try and weave in the strategy for what I thought could happen once the stock reported a few minutes after the segment ended. Here’s a more...
More Cash

More Cash

The markets have proven quite resilient despite continued concerns surrounding bombs dropped in Syria and most recently Afghanistan. A failed health care reform bill wasn’t enough to derail the bull nor was tonight’s upcoming election in France, which may prove to be...
Welcome to Washington Mr. Trump

Welcome to Washington Mr. Trump

Markets were on edge this week as Trump’s health care overhaul was projected to fall short of the required votes needed to pass the house. Thursday was the originally scheduled vote; but, it was clear that Trump did not have enough supporters; so, once again, the vote...
The More Things Change…

The More Things Change…

This afternoon I had a lull in the action. Like millions of others I popped onto FaceBook to catch up with the comings and goings of 600 of my closest friends. Pffftt. Within seconds I saw the following ad. I have blocked out the company / website / promoter as to not...
Game on for Inflation

Game on for Inflation

You may be wondering why commodities, particularly gold and silver ramped after yesterday’s FOMC rate hike. In fact, maybe you’re wondering why gold and silver are still even traded, much less adding 6% and 9% respectively for the year. Doesn’t conventional economic...
What We Can Learn from Bill Ackman

What We Can Learn from Bill Ackman

Bill Ackman was a billionaire activist investor and head of legendary fund Pershing Square. I say was because I’m not sure if the value still holds after his recent losing position in Valient Pharmaceuticals where he rode down the position by more than 90%, selling...
Partial Bank Sale – 9% Cash

Partial Bank Sale – 9% Cash

As much as I love the financial trade, it’s crowded. Unlike other larger trends developing, semis, basic materials, it seems that every manager I know is loaded in the financials. The trade makes a ton of sense. We’re in a rising rate, deregulation environment. The...
Newton’s First Law

Newton’s First Law

Jesse Livermore was one of the greatest investors who ever lived. After building up a small fortune from scratch, he capitalized on that cash in 1929 netting $100MM.There is a passage in Reminiscences of a Stock Operator when the great Jesse Livermore recalls a lesson...
CSCO Shines

CSCO Shines

In 2013 I showcased three stocks that I thought were ripe for moves higher. These three boring but beautiful stocks had all the makings of stodgy names just waiting to be discovered. Two out of the three have come to fruition with one being still my favorite and best...
Inflation Train

Inflation Train

Yesterday we saw home sales numbers come in lower than expected. The market was anticipating existing home sales in the month of December to be 5.52M with a month over month decline of 1.6%. Reports showed a deeper slowdown however with 5.49M homes sold and a month...