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Google Poised to Breakthrough $500
Reading Time: 2 minutesAfter today’s excellent earning’s report, Google (NASDAQ: GOOG) finally looks poised to breakthrough $500 and settle above that level. Google has flirted with $500, closing above it 3 times around last Thanksgiving and twice this January but has been been…
Some Reasons For Caution
Reading Time: 4 minutesNOTE: Every week or two I wrote a Client Note for my clients. I post the notes to my blog but with a time delay usually between 1 day and 1 week. To receive the Client Notes at the same…
July CPI Doesn’t Move The Needle, EAT Bites The Dust
Reading Time: 2 minutesThe July CPI Report out early Wednesday morning was inline with expectations – Headline CPI +0.2%, Core CPI +0.2% – and hasn’t much changed the calculus for whether the Fed will cut 25 or 50 basis points on September 18….
Summer Vacation On Wall Street
Reading Time: 4 minutesUltimately, it was another inconsequential day….. Under more normal circumstances, I’d be spending this week on the golf course, but I’m still in catch up mode. – Charles Kirk, “Another Inconsequential Day”, The Kirk Report, Wedneday August 27, 4:44pm EST…
As Bullish As Bullish Gets, The Philosophical Foundation of Contrarianism & How It Applies Now, Case Study in Overvaluation: NKE
Reading Time: 10 minutesNote: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…
Play Rising Crime At A Discount With SWBI
Reading Time: 4 minutesAlthough the firearms market remains elevated and healthy with new entrants, it has cooled significantly from the height of the pandemic surge and seems to now be following pre-pandemic historical demand patterns – Mark Smith, Smith & Wesson (SWBI) CEO…
