Silver BananaTopic
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Retirement: Tick, Tock?Monkeys, Another week passes, and with it comes the penning of another concerning article regarding the future of this aging nation. Witness Illinois: as of this post, [they have $14.6 **billion** in unpaid bills](https://www.wsj.com/articles/how-bad-is-the-crisis-in-illinois-it-has-14-6-billion-...
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You'll be fineQUOTE OF THE DAY [quote]We’re still in the process of verifying all the facts." — Cannabis delivery startup Eaze’s head of PR, regarding a data breach that hit Eaze. Don’t worry though, the weed’s fine.[/quote] MARKET CORNER Market Snapshot The Dow and S&P experienced their la...
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Why I have decided to SHORT AMZN stock using all of my LIFE SAVINGSI just finished READING [this](https://www.nytimes.com/2017/06/16/upshot/the-amazon-walmart-showdown-that-explains-the-modern-economy.html?_r=0) article and it really made me think about the current FIGHTTOTHEDEATH between Amazon and Walmart. Ultimately, however, with the ACQUISITION of Whole Foods,...
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What is your process of finding investment ideas?Hello, I am a beginner trying to do my own ER stock analysis but before I begin I was wondering how others stumble upon undervalued or promising investment ideas. From the few books that I have read on investment and from common sense, it is clear to me that investing in stocks that everyone is fol...
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Facebook and chillQUOTE OF THE DAY [quote]By giving people the power to share, we’re making the world more transparent." Mark Zuckerberg. So hot right now.[/quote] MARKET CORNER Market Snapshot The Dow finished up, ending its four-day losing streak. The Nasdaq ended lower, weighed down by big tech ...
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Is This ETF Every Nerds Dream?GAMR is really putting itself on the map with all of its recent growth since it's IPO in March. Investor place named it the "Top 3 Technology Etf to Buy Now". It’s no surprise it is getting so much attention with a 68% increase since its IPO. This ETF grouped some of the biggest video game names i...
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Goldman Sachs Raises Rate on Savings Accounts to 1.2%Goldman Sachs announced they will be raising their interest rate on savings accounts to 1.2% from 1.05%, with hopes of increasing deposits by customers. The national average rate is only 0.06%. With $128 billion in overall deposits, Goldman Sachs also significantly trails other large consumer bank...
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What's your Top Stock Pick for 2017What is everyone's top stock pick to start off the new year? Explanation preferred if you throw up some no name or controversial stock. Once the year is coming to a close we could look back and see whose pick is doing the best and whose is absolute shit. As there has been a lot of haters on face...
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Come sail awayQUOTE OF THE DAY [quote]Today Apple is going to reinvent the phone." ––Steve Jobs, introducing the first iPhone. This week marks the 10th anniversary of the iPhone’s first sale. Well played, Steve. [/quote] MARKET CORNER Market Snapshot The S&P rose slightly as investors pumped mo...
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Goldman Sachs Report: Near Future Looks GoodSome economists at Goldman have released a report: The Next Recession: Lessons from History. [quote] With the current expansion already the third longest in US history, investors have begun to look ahead to the next recession. ...[Our model] now estimates a 1/4 chance of recession over the next two...
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Morning Brew Daily: Flash crashQUOTE OF THE DAY [quote] I’m so innocent." ––Notorious “pharma bro” Martin Shkreli after the first leg of his six-week securities fraud trial.[/quote] MARKET CORNER Market Snapshot The Dow and S&P fell again following weak performance from consumer staples. The Nasdaq fini...
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The US Dollar is a "Scam"!Hey monkeys, Was browsing through Quora and found this really interesting piece written by Mr Robert Parker, the CEO of Holborn Assets: Background * The USD was chosen (forcefully imposed) as the world reserve currency back in 1944 at Bretton Woods. This is because the US had over 20,000 tons...
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Ethereum. Are you in?Monkeys, Any one of you lovely people are on board with etheruem? I want to get a shout out to EddieBraveman's post on Crypto a few months back and got me interested in this rabbit hole. ...
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Some Thoughts on Bitcoin, Part 1I haven’t written about Bitcoin on WSO for a long time, and I’ve seen a lot of questions about it on the site over the past few weeks due to the recent price movements. There’s a lot to cover so this might stretch into two posts. We’ll see how it goes. First, the recent price action: If yo...
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Why Is Chinese ETF (FXI) Not Reflecting NAV?I was doing a trade on the China A-shares MSCI inclusion, but found that FXI pricing has been artificially suppressed by the large short interest, so I wrote a blog post on Seeking Alpha on my research finding, and I would love to hear what you guys think. [https://seekingalpha.com/instablog/528048...
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Drinks with ClooneyQUOTE OF THE DAY [quote][It was] love at first sight." ––Whole Foods CEO John Mackey on the Amazon acquisition. Tell us how you really feel, John. [/quote] MARKET CORNER Market Snapshot The Dow and S&P fell for a second straight day. The Nasdaq ended higher on strength from biot...
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Important Metrics for Analysts during an IPO When analysts look at information for a listing or listed entity what are the key metrics they look at? I am thinking of including a sensitivity analysis and risk management report for the prospectus. The quantitative aspect of the RM report will be a 1 year Value Risk. I see most prospectuses don...
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How will the results of the election affect Wall Street and the overall economy?Title says it all, i'm very curious to hear people's thoughts. How will the Trump presidency affect the markets / Wall Street? ...
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Prelude to the Next RecessionHey Monkeys, Almost ten years ago, the Fed, followed by the other central banks of the world, embarked on an unprecedented mission to save the global economy from spectacular implosion with QE. Shortly afterwards, new regulations were instated to improve the health and security of the financial sec...
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Off the rackQUOTE OF THE DAY [quote]If it’s going to be that long every time, I won’t order it." ––McDonald’s customer on waiting for the all-new Quarter Pounder. Yikes, he’s got some serious beef... [/quote] MARKET CORNER Market Snapshot Major U.S. indexes sunk following an energy sect...
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Get it while it's hotQUOTE OF THE DAY [quote]Any requests? Real instruments? No problem." ––@Twitter, highlighting a new campaign featuring Chance the Rapper. Hashtag it, get mentions for it. [/quote] MARKET CORNER Market Snapshot Major U.S. indexes finished up on Monday, with the Dow and S&P hitting re...
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The Best Sector, Asset Class, or investment idea for 2017 (that WSO didn't know existed)Now that it's bonus time for many people, I figured it would be a good time to ask an investment question. Since the stock pick question has already been taken, I wanted to throw out best Asset Class or Sector. As I enter my thirties, I am starting to have more money than ideas. Besides that, ass...
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Where are oil prices headed?[quote] Companies drive down costs, scale back projects and tackle spendthrift culture; ‘lower for longer’ is the new mantra [/quote] It has been roughly three years since oil prices started to significantly decline. Most of us, if not all, have been affected by the oil prices in one way or ano...
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Snap Falls to IPO Price ($17)Snap fell down to its IPO price (for a few seconds) of $17 per share after its continued steady march south over the past several weeks. The company is now barely holding just above its IPO price. The stock continuing to tumble further below $17 is, of course, a Very Bad Sign — both for Snap and ...
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Morning Brew: All you can eatQUOTE OF THE DAY [quote]Colonizing Mars. Major changes to the plan coming soon." –– Elon Musk on lowering the cost of colonizing mars to $100,000 per person. Nbd...just wave “bye” to that college degree from the window of your spaceship. . [/quote] MARKET CORNER Market Snapshot ...
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Clean up on aisle fiveQUOTE OF THE DAY [quote]No soup for you!" –– Soup Nazi. Soupman, the New York soup shop Seinfeld brought into our hearts and home, is now seeking bankruptcy court protection. [/quote] MARKET CORNER Market Snapshot Major U.S. indexes sunk yesterday as large-cap tech stocks fell again...
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Take a HikeQUOTE OF THE DAY [quote]The economy is doing very well, [and] is showing resilience." –– Fed Chairwoman Janet Yellen. Mark it in the win category, folks. [/quote] MARKET CORNER Market Snapshot The Nasdaq and S&P both fell after the Fed announced it was raising rates, while the Dow s...
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Backseat driverQUOTE OF THE DAY [quote]Do your life’s work in service to our mission." –– Travis Kalanick, in an email to his employees regarding his leave of absence. [/quote] MARKET CORNER Market Snapshot Major U.S. indexes finished higher with tech climbing after a two-day sell-off. Oil p...
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Get comfortableQUOTE OF THE DAY [quote]I felt like 15 or 16 years was plenty of time to be CEO." –– GE CEO Jeff Immelt on stepping down by the end of the year. We feel ya, Jeff. Go take a nap or something. [/quote] MARKET CORNER Market Snapshot In another pitiful day for tech, the Nasdaq led all m...
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City of Memphis planning to help pay off student loans?http://www.cnbc.com/2017/06/12/memphis-will-help-its-city-employees-pay-off-their-student-loans.html I found this rather odd, that essentially the municipality is using government money to (help) pay off government loans? Kinda like borrowing a $1 to pay off a $1 of debt you already had right? Th...
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Welcome to the big leaguesQUOTE OF THE DAY [quote]In a moment of youthful indiscretion, I might even have experimented with…a Windows PC." –– Tim Cook, going full nerd at his MIT commencement address. [/quote] MARKET CORNER Market Snapshot The S&P and the Nasdaq slumped Friday, while the Dow finished sligh...
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Bitcoin hits $3000For the first time in history, bitcoin has crossed the $3,000 threshold, continuing this year's massive surge on increased demand from Asia-based investors. According to CoinDesk, prices reached an all-time high of $3,012.05. The cryptocurrency has now more than tripled in value since trading at $96...
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Are Markets Immune to Crises?Hey Monkeys, So there's an article I was reading by Aswath Damodaran that basically talked about how markets [quote] have become inured to crises.[/quote] Unfortunately WSO won't let me post the link as I am too new of a member. But if you want to find the article, it is titled "A Tale of Two Mark...
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You’ve got mailQUOTE OF THE DAY [quote]You better read this or I’ll kick your ass" –– Uber CEO, Travis Kalanick, in an email to employees before a Miami celebration in 2013. [/quote] MARKET CORNER Market Snapshot Major U.S. indexes posted modest gains on Thursday. Alibaba soared 13.29% on re...
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We’ve got beefQUOTE OF THE DAY [quote]Can’t believe it’s been 1,000 years since we went public" –– Elon Musk crackin’ binary jokes at Tesla’s shareholder meeting. Do less, Elon. [/quote] MARKET CORNER Market Snapshot Major U.S. indexes rose slightly, breaking the two-day slump. Oil pr...
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Thursday Rollercoaster: Comey, UK Election and the ECBHello monkeys, Lots of things going on around the world this Thursday. I'll give you a quick list: [quote] 1. Former FBI Director James Comey's testimony- Comey will publicly describe conversations with Trump but stop short of saying if he thinks the president sought to obstruct a federal probe...
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It's Prime's TimeQUOTE OF THE DAY [quote]Uncomfortable seats, people talking and texting, sticky floors, and a screen that keeps getting smaller" –– Ted Sarandos, Netflix’s Chief Content Officer, on the future (or lack thereof) of $1 billion box office hits. [/quote] MARKET CORNER Market Snapshot ...
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Microsoft Excel Functions Help!Hello WSO! I'm currently modeling an economic index for a small city in America. Right now, we're running a sensitivity analysis with three different cases (think boom, recession, etc) I'm trying to count how many times each case was closest to the actual outcome, and how many times each case wasn...
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Poppin' collas, losin' dollasQUOTE OF THE DAY [quote]We want to reinvent home music“ –– Tim Cook on stage at the WWDC yesterday. Let’s see what you got, Tim. [/quote] MARKET CORNER Market Snapshot U.S. indexes fell only slightly in the wake of the London attacks and other geopolitical uncertainties. Fir...
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It’s not you, it’s meQUOTE OF THE DAY [quote]Me, I make money studying natural stupidity.”[/quote] MARKET CORNER Market Snapshot Tech companies paved the way on Friday, driving U.S. stock indexes to record highs U.S. unemployment hit a 16-year low, despite job growth slowing and wage growth remaining ...
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Italian Bank BailoutJust this past week, Italy and the EU announced that they would aid Banca Monte dei Paschi di Siena SpA, one of the world's oldest banks. Monte, as well as similar banks in the EU, have struck out trying to find capital from private investors as they suffer from non-performing loans on their balance...
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NBA Investment SuperstitionsThere has been various superstitions regarding sporting championships's effect on stock markets. There is the Superbowl Indicator, claiming that if an NFC team wins the final then the Dow will increase over the next year. Consequently, when an AFC team wins the Dow will decrease. This has been true ...
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If it looks like a duckQUOTE OF THE DAY [quote]It feels good for about 10 seconds and then we move on“ –– Mark LaNeve, Ford VP of Sales on topping rival GM in May vehicle sales. Quite the line Mark––that’s why context matters, folks. [/quote] MARKET CORNER Market Snapshot Markets were strong like ...
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Bitcoin Reaches $1900. Bubble? Today Bitcoin reached an [all-time high of $1961.70. ](https://www.bloomberg.com/news/articles/2017-05-19/bitcoin-tops-1-900-for-first-time-as-bubble-debate-grows-chart)However, skeptics believe that it is a "bubble in the making." I'm not too familiar with Bitcoin, other than the fact that it is ...
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Brilliant, just brilliantQUOTE OF THE DAY [quote]We never sue” — Alphabet CFO Ruth Porat at the Code Conference yesterday in response to suing Uber over the Anthony Levandowski scandal. That’s one heck of a poker face, Ruth. [/quote] MARKET CORNER Market Snapshot Financial stocks felt the pain as two of the la...
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Trump Advisor and Goldman COO Gary Cohn as Fed Chair?As we know that Janet Yellen's term ends in 2018, who could be the next chair? What should we look out for? It's my opinion that Yellen's low interest rates have created an economic bubble. Trump has also HEAVILY criticized this practiced and has even gone as far as to say that we have an artifici...
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Saudi currency, why is noone attacking it?Similarly to what George Soros did to the British Pound in 92. Then the British Pound was within the European Monetary System of fluctuating exchange rates within brackets; Soros in his book Alchemy of Finance (wrote in the second half of the 80s) mentioned that this kind of system is open to a spec...
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Stevie's backQUOTE OF THE DAY [quote]“Amazon is worth far more than $1,000 a share” — Mark Cuban, gives the e-tail giant his stamp of approval…not that it needed it. [/quote] MARKET CORNER Market Snapshot Amazon touched $1,000 for the first time, but the S&P still finished lower on falling crude ...
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U.S dollar remains mixed against major rivalsThe mighty U.S dollar gained the strongest bullish momentum in the global market after the U.S presidential election held on 8th November 2016.Mr.Trump become the newly elected U.S president and stated that they are going to increase the fiscal spending and include tax cut policy to bring stability ...
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Stock & Bond Market Analyses - May 22nd-26thStock Market Analysis New highs for the S&P 500. The Dow rose 1.35 percent last week while the small cap Russell 2000 rose 1.1 percent. The breadth numbers back this up with almost twice as many stocks rising as falling. Also, almost four times as many stocks hit new highs as new lows. Why does t...
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The kitchen is closedQUOTE OF THE DAY [quote] “Are you sure ... ? He won't cook you fries.” — Burger King’s new ad that pits its mascot king against Belgian King Philippe ahead of the company’s first restaurant opening in the country. The king was philipp-ing out to say the least.[/quote] MARKET CORNER Mark...
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IBD Analyst - Where to put my money?Hi all, I am an IBD analyst in London. I am currently reviewing options to invest my savings as I don't want to leave cash sleeping in my bank account. Of course, as you all know, it is not possible to invest in stocks directly hence I am looking for good, long-term passive investment ideas. Note:...
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Ixnay on the VIX?I don't have a great explanation for it, but I love it when people make fun of the VIX. Jokes are one thing, but actually manipulating it is on a whole other level; researchers from the University of Texas just released a paper suggesting that traders can and do distort the index for their gain. [q...
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Spotify | NYSEHow do you guys feel about NYSE changing its rules concerning businesses, such as Spotify, being able to be listed publicly without having to undergo the underwriting process? To overcome this Spotify needs to pass a $250 million valuation from a third party advisor. ...
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Gigs, Gigs, GigsQUOTE OF THE DAY [quote]“It's time for our generation to define a new social contract." — Facebook founder Mark Zuckerberg referencing Rousseau's 18th century treatise in his speech to Harvard University grads. [/quote] MARKET CORNER Market Snapshot Stocks were up again on Thursday,...
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Brief Macro Analysis of North AmericaHello, just wanted to get a few thoughts on my analysis of markets in North America (macro perspective). The last pic has my brief view of all the charts provided by the OECD. Thanks in advance....
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Economic (soul) cycleQUOTE OF THE DAY [quote] “I’ve never seen the speed of change as it is today. If I could go back 10 years, I might have done some things earlier.” — Millard “Mickey” Drexler, the 72-year-old CEO of J.Crew, looking back on the fashion chain’s fall from grace. [/quote] MARKET CORN...
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Cryptocurrencies - how to trade them?Hello - sorry if this is a duplicate post in some aspects, but I searched the website for Ether or Ethereum and could not find anything so I'm creating a new post. I've been advised to start buying some Ether / Ethereum, which is the newest hot cryptocurrency (after bitcoin). I have done some rese...
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Cryptocurrencies as investmentHas anyone made some good gains on cryptocurrencies? Personally i earned around 5000% at Ethereum a while ago. Now i am looking for other currencies in the 50-300M marketcap range, who have the potential to do at least 500-1000% ++ in the next 3-6 months. I found something very promising, factom....
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Pilots, Protestors and Prime, oh myQUOTE OF THE DAY [quote]“Fair enough if you believe in tooth fairies and ludicrous supply-side economics." — Former Treasury Secretary Larry Summers on President Trump’s proposed budget, which was released yesterday. [/quote] MARKET CORNER Market Snapshot Stocks closed out a fourt...
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Would you invest in religion?[Okay so this is definitely one of the more...interesting… things I’ve seen in a while](https://www.bloomberg.com/news/articles/2017-05-23/religious-etfs-expand-to-bonds-as-values-investing-catches-on). Has anyone actually heard of religious ETFs or seen anyone invest in them? How well do you t...
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American FundsHi, does anyone here have prior experience investing with the American Funds? Would you recommend them over Vanguard, or would you choose to invest with a different mutual funds company, such as Schwab, Fidelity, Vanguard, or T-Rowe Price?...
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Ford's fiestaQUOTE OF THE DAY [quote]“This is like a coup we think, a coup from an outsider” — analyst Paul Moran on the shakeup at Ford. [/quote] MARKET CORNER Market Snapshot Stocks extended their three-day winning streak on Monday as President Trump arrived in Israel, the second stop of his...
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Trump: Catalyst to a Financial Crisis?Hello monkeys, As you all have probably read on the news, former FBI director Robert Mueller has just been appointed by the DoJ to oversee the federal investigation into Russian investigation in 2016 election. With all that's happened in the last two or three days, this seems like a huge relief fo...
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Land and Housing Price BubblesHello monkeys, As an undergrad in Hong Kong, I often keep up with current news and I recently read this [one ](https://www.bloomberg.com/news/articles/2017-05-16/henderson-land-wins-rare-hong-kong-site-for-record-3-billion) on Bloomberg: [quote] Henderson Land Development Co. outbid eight other de...
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Can itQUOTE OF THE DAY [quote]"If you’re familiar with that effect that Alfred Hitchcock perfected—where things look like they’re sort of telescoping out—I remember feeling that.” — Bob Lord, Yahoo’s head of data security, on what finding the massive security breaches felt like. [/quote] ...
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Keep on truckin'QUOTE OF THE DAY [quote]“We’re a money-losing company. This is not some situation where, for example, we are just greedy capitalists who decided to skimp on safety.” — Tesla CEO Elon Musk on the spate of injuries at the company’s Fremont, California factory. Ouch. [/quote] MARKET CO...
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Data-rrificQUOTE OF THE DAY [quote]“We didn’t like each other.” — Fred Wilson, head of Union Square Ventures, on how his first meeting with Uber CEO Travis Kalanick went. (Surprise: USV passed on the investment). [/quote] MARKET CORNER Market Snapshot Stocks had their worst day in eight mo...
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#BizIsBackQUOTE OF THE DAY [quote]“We will not simply roll over." — Sears Chairman and CEO Eddie Lampert. This man refuses to go out without a fight. [/quote] MARKET CORNER Market Snapshot Stocks were mixed on Tuesday, with the Nasdaq reaching its 33rd record high this year as oil and the dol...
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ETFs are weapons of mass destruction...Here is a recent article on Bloomberg states that passive investing with ETFs can be a very dangerous situation for the future where investors don't consider valuations, creating the difference between actual value and inflated value of the markets. What do you think about it? It does look like a lo...
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New sheriff in townQUOTE OF THE DAY [quote]“It wouldn’t be The Player’s Tribune if athletes didn’t have a stake in the company.” — Derek Jeter on how over 1,500 professional athletes-turned-writers set The Player’s Tribune apart from traditional media. To date, the site has raised $58 million in funding...
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Don't bug outQUOTE OF THE DAY [quote]“I haven’t accomplished anything I can be proud of in my 60 years on Earth. This is my chance” — SoftBank CEO Masayoshi Son, as he prepares to launch the Japanese firm’s $100 billion tech fund, one of the world's largest, as early as this week. [/quote] MARKE...
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Snap Q1 EarningsHello monkeys, As you guys might have known already, Snap just reported its first quarterly financial results. And boy oh boy, all these short sellers are making a killing. Suffice to say, Snap screwed up. Shares are down more than 25 percent in after-hours trading. [quote] The company spent $2.0...
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US Firms Investing in Iranhttp://oilprice.com/Latest-Energy-News/World-News/This-US-Company-First-To-Invest-In-Iranian-Oil-Industry-Since-1979.html I read this story and it seems like Pall Corporation is mainly exporting some filtration technology that would improve efficiency in Iran's oil and gas sectors. For some reason,...
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Snap Takes a BathHey Monkeys, I am currently kicking myself - being young and not accustomed to trading stocks, I had embarked a couple months ago on the task of familiarizing myself with the markets. I read up as much as I could on Netflix and Snapchat, mostly because these companies were the first that came to m...
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Game of phonesQUOTE OF THE DAY [quote]“We have to prime the pump...have you heard that expression used before? Because I haven’t heard it…I came up with it a couple of days ago” — President Donald Trump, attempting to explain economics to The Economist. (Surprise: he did not coin the phrase “prime th...
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Snap, crackle...dropQUOTE OF THE DAY [quote]"He’s a seller/fking a" — That’s the five-word text that got Citigroup trader David Madaras fired in 2014. His defense in court? Timing. Veryyy unfortunate timing. We won’t spoil the surprise. [/quote] MARKET CORNER Market Snapshot Stocks continued to ris...
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Just Google itQUOTE OF THE DAY [quote]“I don't know what brings us out of the doldrums, but I do know this is not a normal resting state” –– Goldman Sachs CEO Lloyd Blankfein, commenting on the lack of recent market volatility and stating that we might be in a “bubble of confidence.” The Lloyd has sp...
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4x Leveraged ETFOn Monday, we had this thread about how ETFs are potentially dangerous in the sense that investors wouldn't evaluate the underlying assets before buying them. Just yesterday, the SEC approved a request to list and trade 4x levered ETFs. For right now, it looks the the only funds in the works are for...
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Puerto Rico: Too Big to Fail?Hello monkeys, Recently Puerto Rico filed for the largest municipal bankruptcy with liabilities totaling a staggering $123 billion, with $73 billion in bond indebtedness and $50 billion in unfunded pension liabilities. It wasn’t even a close call. The runner-up - Detroit - owed $9 billion when ...
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Ace of spadesQUOTE OF THE DAY [quote]“50% of inner-city school kids do not graduate from high school. That is a national catastrophe. We should be ringing the alarm bells. It's not fair” — JPMorgan Chase CEO Jamie Dimon, at a community event in the South Bronx on Monday. [/quote] MARKET CORNER Mark...
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All you can eatQUOTE OF THE DAY [quote]"I don't think we mind killing chickens. And I think we are against nuclear war" — Charlie Munger, vice chairman of Berkshire Hathaway, answering a question about sustainable food production at the company’s annual meeting this weekend. [/quote] MARKET CORNER Mark...
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Morgan Stanley dumping VanguardNext Monday, Morgan Stanley will stop selling Vanguard products to customers, with the only exception of selling more shares of the same fund to current fund shareholders. Jack Bogle's Vanguard is more or less the face of low-cost index/passive investing. Morgan Stanley announced that in addition to...
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Hop hop and awayQUOTE OF THE DAY [quote] “It’s a bit confusing because one is a letter and one is a number”—Elon Musk on how Tesla avoided having its model names spell S. E. X. Apparently S, 3, X (and now Y) is much more subtle.[/quote] MARKET CORNER Market Snapshot Earnings kept U.S. stocks af...
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Investing Opportunity in Oil?I used to love discussing the oil market on cnbc before they got rid of the comments section. With the large drop today and relative weakness the last few weeks in oil I was wondering what everyone's opinion on the sector is currently. With OPEC showing record compliance to the deal to cut product...
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Old dog, new tricksQUOTE OF THE DAY [quote]“The phone is already dead, people just haven’t realized.”—Alex Kipman, inventor of HoloLens, on how his VR technology will surpass cell phones, or already has... if you ask him. [/quote] MARKET CORNER Market Snapshot U.S. stocks closed mostly lower on We...
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Future of Tesla?Hello monkeys, I read this [article](https://www.bloomberg.com/news/articles/2017-04-03/tesla-passes-ford-by-market-value-before-musk-delivers-model-3) Tesla's stock price just jumped 5.8 percent and its market capitalization surpassed Ford's, surging to about $48.2 billion ($3.1 billion more). Thi...
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You're groundedQUOTE OF THE DAY [quote]“You know you are having a bad day when you are lectured about customer service by members of Congress”—Rep. Rob Woodall (R-GA) to airline executives on Capitol Hill. It only got worse from there.[/quote] MARKET CORNER Market Snapshot Stocks edged higher on...
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Tip of the icebergIt’s Monday everyone! Strap in for a jam-packed Brew to get you over the Sunday Scaries. Here’s your refreshing Brew for April 10. DIGIT OF THE DAY Millennial-focused media company Mic has raised $21 million in Series C from Lightspeed Venture Partners (more on them to come), Time Warner Inves...
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Bank Execs Selling like crazyRead this [article](https://finance.yahoo.com/news/why-have-bankers-become-so-bearish-151144759.html) on Yahoo Finance this morning. Looks like bank Execs. are selling like crazy as of late, is this a warning sign to get out of equities?...
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Chipotle's Security Breach & Ronald's App Frenzy**That place where Coke Tastes SO good** Ronald McDonald is one happy mascot today -- the McDees new Big Mac menu, $1 soft drinks and $2 coffees seems to be working its magic as McDonald's shares hit an all-time high after it reported "stellar" first quarter results. Global same-store sales increas...
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Bad bloodQUOTE OF THE DAY [quote]“No bad loans, please.”—President Donald Trump joking after meeting with bankers at the White House. More in today's issue: [/quote] MARKET CORNER Market Snapshot Stocks closed mostly higher on Monday after a last-minute deal to avoid a government shutdown....
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Fyred UpQUOTE OF THE DAY [quote]“They've now locked us in the airport. No rules, just right. Welcome to the Bahamas! (Tell my family I love them)”—A Fyre Festival attendee on the horrid conditions at the “ultra-luxury” music festival in the Bahamas. With ticket prices ranging from $450-$12,000, t...
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Obese Primate Detained in ThailandBREAKING - Uncle Fatty the macaque has been detained by Thai authorities and sentenced to an at this time undefined period of time in fat camp. The gluttonous primate saw his weight skyrocket from 17lb to 33lb in an attempt to cope with the increased responsibility recently placed on him by the maca...
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Nom nom nomTODAY IN HISTORY 2003: Apple launches the iTunes store and completely revolutionizes music. Since then it's sold over 35 billion songs. Not too shabby. MARKET CORNER Market Snapshot The Nasdaq reached another record high on Thursday, fueled by solid earnings reports; the Dow and S&P als...
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Higher Fines as a Marketing StrategyYesterday Mr. Jen Hensarling had a hearing before the House Financial Services Committee presenting The Financial Choice Act 2.0. [quote] At first glance, the new draft appears to have teeth. To address the theme of being tough on Wall Street, a favorite rhetorical target of both parties, the legis...
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America's hottest clubQUOTE OF THE DAY [quote]“Well, I'm a free agent.”—ESPN.com writer Mark Saxon after being laid off from the network on Wednesday along with dozens of other staff. We’ve got full coverage below. [/quote] MARKET CORNER Market Snapshot Stocks closed slightly lower on Wednesday, brea...
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Trump and Russiahttp://www.economist.com/news/leaders/21716609-it-terrible-idea-donald-trump-seeks-grand-bargain-vladimir-putin This article cites 3 major objectives Trump hopes to achieve with a reset of relations with Putin: taming of conflict in Middle East, reduction of destabilizing Russian activity in Europe...
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Elm Partners - Active Index InvestingHey guys! Anyone heard of Elm Partners? www.elmfunds.com They are headed by Victor Haghani (ex Solomon Brothers/LTCM/JWM trader,also known from "When Genius Failed" & "Liar's Poker" books). Hows their reputation? They have Active Index Investing strategy. More info on their website and on vide...

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