The Garbage Business
If you wake up really early like I do, you’ll discover parts of the underbelly of capitalism. For one thing, you’ll notice all the big trucks on the freeway delivering goods to retail locations ahead of the business day. For…
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NEM: Earnings Sell Off Is A Buying Opportunity
On Tuesday I previewed Newmont’s (NEM) 3Q earnings report saying that any selloff would be a buying opportunity. Well that selloff has arrived in a big way with NEM down more than 13%, dragging the Van Eck Gold Miners ETF…
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NEM: Previewing The Largest Gold Miner’s 3Q Earnings Report
It’s been an incredible year for precious metals investors. Gold bugs – much maligned – are finally seeing the moves they’ve long hoped for and expected with gold up nearly 40% over the last year. Obviously the gold miners –…
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The Case For Defense Stocks Ahead Of 3Q Earnings
As we enter the 2nd full week of 3rd quarter earnings, one of my focuses will be the leading defense stocks – Lockheed Martin (LMT), RTX (RTX), General Dynamics (GD) and Northrop Grumman (NOC) – all of which report next…
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Sweetgreen (SG): Fast Casual Health Food Chain Is A Long Term Winner
In “Legendary Days: Adventures In San Diego”, I wrote about Cava (CAVA), a fast casual Mediteranean restaurant chain that I think could be the next Chipotle. In this blog, I want to introduce you to another great fast casual restaurant…
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Legendary Days II: Bluffing My Way Through Life
After fending off the depression from having my right wrist put in a cast last Thursday morning due to damage to my TFCC tendon that I injured lifting weights, I have returned to my nefarious ways. After placing 14th out…
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COST Valuation Is Absurd; When Will It Matter?
Costco (COST) is a truly great company. Shoppers love it because of the great value it provides and investors love it as well because of its consistently excellent financial performance. There is no question about the quality of the company….
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MU Looks Interesting Ahead Of Earnings Wednesday Afternoon
Chip maker Micron (MU) was one of the best performing semiconductor stocks heading into its June earnings report – up 118% over the previous 12 months, trailing only NVDA among stocks in the Philadelphia Semiconductor Index over the period. Since…
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A Soft Landing Is Fully Priced In
The S&P broke out to new all time highs Thursday in the wake of the Fed’s 50 basis point cut to the Federal Funds Rate on Wednesday. While it is consolidating a bit today (Friday), as long as it stays…
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The Return Of J-Pow
Up until Thursday it was looking like the Fed would play it conservatively and cut rates by 25 basis points on Wednesday. But then Nick Timiraos – known as The Fed Whisperer – published an article on WSJ.com that appeared…
