Video Length: 00:03:31 I don’t know if it was the Beverly Hill Billies marathon I watched last night or the beard oil I rubbed in this morning to give this manly mane of mine a little kiss of Chuck Norris majesty, but I’ve got oil on the brain today. Hash tag, beard game strong. So…
I covered a leveraged short in Small Caps, though I maintain a straight out short on SPY, which I have been holding for maybe a couple months now. I even bought a few things that I trust relative to the speculative stuff that is getting beaten to a pulp. These Hammer candles, unlike the things…
“For thousands of years gold has been, in times of war and crisis, the ultimate store of value and medium of exchange. Gold is virtually indestructible, anonymous, mobile and almost universally acceptable. In times of crisis and uncertainty the presence of a sizeable gold holding boosts confidence of creditors, not least because gold is the…
Introduction We are in the seventh year of a strong bull market, and stock valuations have generally become extended as measured by the S&P 500. It is undeniable that the overall market’s valuation today is higher than it has been in years. However, even though that statement may be true in the general sense, it…
The headline numbers for this morning’s employment report for July were reasonably strong. Nonfarm employment came in a tad below expectations, but the upward revision to the two previous months more than compensated. With the increased likelihood of a Fed rate hike, the S&P 500 opened fractionally lower at its intraday high and sold off…
Albuquerque financial expert and founder of Portfolio Wealth Advisor is asked his opinion on the recent downturn in media stocks on Fox Business Networks top rated show – Risk & Reward with Deirdre Bolton. Video Length: 00:02:08
Luxury Goods and Status Symbols in Trouble in China A friend recently mailed us an article from the Hong Kong Standard which describes how extremely high retail shop rents in Hong Kong can no longer be paid even by retailers of luxury brands. Gucci store in Hong Kong, Central Photo via flickr Not only is this testament…
“Our pundits and experts, at least those with prominent public platforms, are courtiers. We are captivated by the hollow stagecraft of political theater as we are ruthlessly stripped of power. It is smoke and mirrors, tricks and con games, and the purpose behind it is deception.” Chris Hedges, Empire of Illusion Like so many of our…
It’s an open family secret… My cousin Joe made Apple (AAPL) CEO Steve Jobs cry. I’ve never told this story before. The part of the story where Jobs burst into tears isn’t in dispute. He admitted it himself. It happened in 1982. He was a candidate for Time‘s Man of the Year at the time. Or…
The news is in, and cheap oil will be around for longer than most people expected. While this is bad news for energy-related companies, it is great news for the investors who buy these three stocks. It has been quite apparent that pundits who expected at the beginning of 2015 that oil would start to…
