Jeff Bezos is more of a futurist than we thought. His purchase of The Washington Post a decade ago may have been a chess move, while Microsoft (MSFT) has been playing AI checkers by owning the WashPo conent. Read on… News broke Wednesday that The New York Times (NYT) had filed suit against Microsoft and […]
Archives for December 2023
December 2023 - Money Morning - Only the News You Can Profit From
Central Banks are Hoarding Gold, Here’s Why You Should Do the Same…
The world’s central banks have been hoarding gold for more than a year, and they’re still banking the yellow metal. According to the World Gold Council, central banks gobbled-up 337 metric tons of gold in the third quarter. That adds to the 387t that had been purchased in the first half of 2023. At this […]
Three Stocks to Watch: Love Hurts, Overtaking Tesla, and Grounded... Again?!
Love Hurts We’ve been talking about Affirm (AFRM) for a while now. The holiday season makes us think about ways to save money, and Affirm has been the go-to for a lot of people (Cyber Monday saw a record 8% of all sales use a buy now, pay later (BNPL) service). I detest the company […]
A Short Note On My Favorite Semiconductor Stock
The semiconductor sector has been the market’s favorite group in 2023. And why not? I mean, AI, right? Ask anyone, and I’m sure they’ll tell you NVIDIA (NVDA) is THE stock to own here… but I think you can do just as good at a lower price with one of my favorite chip stocks, Intel […]
Everybody Loves an Underdog - Here's One That's Running Fast
Wall Street Analysts don’t believe in Zion Bancorp (ZION)… and that’s good for you. The company went through the ringer in 2023. The stock is trading 150% above its 2023 lows as the regional bank recovery continues, but it’s basically break-even from where it sat at this point last year. You would expect that Wall […]
Three Stocks to Watch: $350 or $150 First?, Biotech's Buying Bonanza, and the $1 Billion "I'm Sorry"
$350 or $150 First? Tesla (TSLA) shares are trading at around $250 per right now. It’ll be one of the most watched stocks in 2024 – because it always is. After recalling over 120,000 vehicles for a door-safety issue (it can be fixed with software, though, so no in-person visit necessary – which is a […]
Naming Names in the Regional Bank Sector
On Wednesday morning, we talked about the the Golden Cross pattern that has formed on the Regional Bank ETF (KRE). Check out the article here if you missed it. Today, I’m going through two regional banks stocks that I’m adding to my portfolio, as we break into what is likely to be a bullish year […]
The Hardest Working Stock Out There is Telling You Something
“Smile when you say it!” That’s how I start every conversation about any company that’s based in the Cincinnati area. Proctor & Gamble (PG), Fifth Third Bancorp (FITB), even Workhorse (WKHS). Cintas (CTAS) gave its investors something to smile about on Thursday, as the company delivered a stellar earnings report. I could go through the […]
Three Stocks to Watch: “Watch” Apple Here, Get Your Running Shoes On and Blue Horseshoe Likes…
Apple (AAPL) – This is the stuff I’m talking about… Turn on the TV this morning and all you hear about is Apple stopping the sale of the Apple Watch Series 9 and Apple Watch Ultra 2 ALL DAY LONG. And of course, “The Crowd” obliges to the fear mongering by taking shares of AAPL […]
Would You Finance a Latte at 10%? Wall Street Is Betting You Will
When you take a step back from the world and think about how whacky some of the trends that surround us are… well… it's a bit unnerving. It happened to me the other day when a friend texted to tell me that they could finance their coffee from Starbucks. … What? After a search online, […]