UBER Has Arrived
I have been watching Uber (UBER) closely for a year and I’m now convinced that it will be one of the best stocks of the next decade. While the stock is off nearly 5% this morning in reaction to its…
I have been watching Uber (UBER) closely for a year and I’m now convinced that it will be one of the best stocks of the next decade. While the stock is off nearly 5% this morning in reaction to its…
Apple (AAPL) is the greatest stock of all time but this year’s parabolic move may be its last hurrah. That’s because while the stock is up more than 50%, it has nothing do with the company’s fundamentals. The essential problem…
With stocks surging higher this year it’s hard to find real value in the market. One stock that is a screaming bargain – however – is PayPal (PYPL). Two years ago PYPL was loved and overvalued; today it’s hated and…
There’s an actual chance here the Fed could stick the landing – Dryden Pence, CIO Pence Capital Management (quoted in Karen Langley “Stock Market Shrugs Off Recession Signals As Rally Builds” [SUBSCRIPTION REQUIRED], WSJ B1 Wednesday 7/26) In less than…
On New Year’s Eve, the roads in San Carlos were flooded and I banged up my Jeep Grand Cherokee. It was undrivable and I wanted to go out that night. The rental car agencies were closed so I found a…
The stock market rally so far this year is only picking up speed. Last week’s benign June CPI Report has led investors to believe that the Fed will end its hiking cycle next week without pushing the economy into a…
The June CPI Report came in below expectations Wednesday morning resulting in another rally in stocks. Headline CPI was 3.0% and Core 4.8%. For some reason the Fed feels the need to hike rates one more time in two weeks…
In Monday’s blog I recommended shares of General Mills (GIS) ahead of earnings. Unfortunately, all the price increases they have pushed through started to hit volumes in a big way during the quarter. Price was up another 11% but this…
Even if this is a new bull market, stocks got a little too hot to handle and we’re undergoing a mild pullback this week. Powell talked tough in front of Congress Wednesday and Federal Express (FDX) and Darden (DRI) both…
I write a lot about Kroger (KR) – America’s leading grocer – so I was going to spare you guys when it got hit Thursday after earnings. Until I read a column in Friday’s WSJ by Heard on the Street’s…