Tech is king. Forget oil & gas… Set aside consumer staples or some farfetched belief that industrials are the place to be… Ignore financials, because not even the companies that control our cash can compete with what the tech sector rakes in. There was a time successful portfolios were built on a foundation of names […]
Archives for July 2023
July 2023 - Page 3 of 6 - Money Morning - Only the News You Can Profit From
This Scary Chart Reveals the Biggest Government Lie Right Now
postcards from the florida republic: An independent and profitable state of mind. It’s almost time to call it a week. Grab yourself a drink. Have a steak. Enjoy the meal that you want to have – and ignore all the nonsensical do-gooder hypocrites nattering on about bugs and blackouts. But before you head out, I […]
The AI Launch Pushing Microsoft Higher
It's almost impossible to avoid news around artificial intelligence (AI). That's not surprising given its prominence and potential impact on every business imaginable. AI currently appears in over 30,000 news articles weekly, even outpacing the most popular cryptocurrency topic, Bitcoin. But for now, AI is mostly viewed as a cool toy, not a game changer […]
How to Build Wealth Like a D.C. Beltway Insider
postcards from the florida republic: An independent and profitable state of mind. “Rosalia” was a famous Naples, Florida entrepreneur. In 2021, in the wake of COVID, when cash was flush, and equity valuations didn’t matter, Rosalia took out ads in our local Spanish-language newspapers and radio stations. Handwritten flyers popped up at laundromats. You couldn’t […]
This Changed the Way I Look for AI Stocks Forever
The 2023 investor mania for artificial intelligence (AI) stocks rightly pushed legitimate AI players like Nvidia (NVDA) and Microsoft (MSFT) to new highs. It also helped make Nvidia the world's newest $1-trillion company as shares more than doubled. But… it brought some iffy, speculative junk along for the ride too. Reminiscent of the 2010s "Blockchain […]
Childish Hacks Have Their Thumb on the Scale, but This Sector Will Soar Anyway
postcards from the florida republic: An independent and profitable state of mind. "Calvinball" was a game in Calvin and Hobbes, a famous daily comic strip about a young boy and his “come-to-life” stuffed tiger. Calvinball had one rule: The game can’t be played the same way twice. Young Calvin lacked the patience for games with strict rules […]
These 3 AI Stocks Report This Week... What to Know
Two words can sum up the reason for 2023's monster returns: artificial intelligence (AI). Of course, corporations are taking note…, and every company is trying to figure out a way to thread AI into its business plan (or at the very least, an investor presentation). In fact, in March, first-quarter earnings calls saw mentions of […]
Why the United States Is Headed for a Massive Petro-Disaster
A momentous event brings out the best and the worst in people. Heroism and callowness, mindless greed and boundless altruism. You see intelligence and stupidity. I particularly noticed stupidity… at the local gas station. A vicious cyberattack took the Colonial Pipeline offline, and with it went most of the Southeast’s gas supply. Rumors and fears of shortages […]
Uncle Sam Is Going to Hand Us a 13% Winner
Postcards from the florida republic: An independent and profitable state of mind. You’ve got to hand it to the Keynesian economists. Every chance they get, they’ll spend money we don’t have and praise themselves for doing it. Last week, it was these White House economists writing a paper to celebrate record government spending. This week, […]
Here Are Two Trading Strategies That'll Set You Up for Consistent Profits
We've all been there at some point in our trading careers – frustrated, banging your fist on the desk as yet another option expires worthless. Don't let it get you down. It's all part of the journey to becoming a better investor. With that said… you can't keep executing the same strategy and expect a […]