Archives for July 2023

July 2023 - Page 4 of 6 - Money Morning - Only the News You Can Profit From

It’s Not Just Earnings I’m Watching This Week

Postcards from the florida republic: An independent and profitable state of mind. We’re in an interesting period for short squeeze stocks. Iffy stocks like Carvana (CVNA), Beyond Meat (BYND), and Wayfair (W) keep screaming higher. That’s what happens when momentum remains positive for weeks. In the post-WallStreetBets world, these names could well keep screaming until […]

Read More…

This Record Spells Trouble for Retirees

It's a grand time to be an investor. Just past the halfway point and we have fields of green… The Dow Jones Industrial Average is up 4.25% in 2023. The S&P 500 has notched a 17% gain already. And the Nasdaq 100 is soaring, up 42%… a year's worth of returns in a matter of […]

Read More…

What to Do About the Nasdaq's "Great Rebalancing"

At the moment, I find myself bouncing around the bustling FreedomFest seminar like a pinball, trying to find a quiet spot to write. This morning, I delved into the Invesco QQQ ETF’s (QQQ) restructuring. It was enlightening to say the least. And if you happened to miss my real-time analysis of the announcement, you'll get […]

Read More…

Lucid, Nio, and Workhorse Bag Holders Beware

There’s a war in the U.S. It was started by Elon Musk (one of many he’s currently involved in). If Gustave Flaubert is correct and, “You can calculate the worth of a man by the number of his enemies…” Then Elon may be worth even more than merely the title of world’s wealthiest person. But […]

Read More…

What I Asked Steve Forbes Today

Postcards from the florida republic: An independent and profitable state of mind. This morning, I directed a panel of global economists and political activists whose passions are economic freedom and human progress. The panel consisted of Steve Forbes, Austrian economist Dr. Barbara Kolm, and Preity Üpala, a former investment banker turned Hollywood actress and entrepreneur. […]

Read More…

Three Things I Learned While Eating Spaghetti in Memphis

Postcards from the florida republic: An independent and profitable state of mind. I went through two metal detectors on Tuesday. The first was at Fort Myers Airport security. The second was to enter a bar in Memphis, a half-mile down the street from my hotel. Only one of the officers was armed. It was the […]

Read More…

This "Secret Weapon" Is a Must for Every Trader's Arsenal

It’s earnings season… and that means a lot of investors are going to be in the grip of “FOMO Fever.” The crippling fear of missing out can set people chasing already expensive trades in the (irrational) hope they become… even more expensive later. It’s the wildly unsuccessful “buy high, sell higher” strategy. But this is […]

Read More…

Prepare Now for the Market's Next Move

"I don't set trends. I just find out what they are and exploit them." – Dick Clark Another morning… another pivotal catalyst on deck. As usual, the mainstream financial media are fumbling over themselves wondering, "Oh me… oh my… how is the market going to react?" Well, if you've been paying attention the last couple […]

Read More…