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META: Zuck Goes All In On The Metaverse
Reading Time: 3 minutesWe anticipate Reality Labs operating losses in 2023 will grow significantly year over year – META 3Q22 Press Release 10/26/22 With his stock down ~70% from its all time highs as its core business – Facebook and Instagram – matures…
Top Gun FP Client Note: Dow 15,000
Reading Time: 11 minutesNOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…
SMCI: The Real Bubble Stock
Reading Time: 3 minutesToday the stock market officially became a bubble. There’s been a lot of talk lately about if the stock market is in a bubble. The consensus seems to be that there’s some froth but it’s not a bubble. Most of…
The Market Is Expensive And The Risks Are High
Reading Time: 6 minutesThe stock market continues to move higher since its April 9 low with the S&P now up more than 30% since then. The move is starting to defy logic as there are risks around tariff policy, the deficit and debt,…
Two Seeking Alpha Pieces Make The Case Against The Economy And Stock Market
Reading Time: 1 minute“Why The Stock Market Should Crash”, Charles Hugh Smith, Seeking Alpha, November 16 “Our Steroid Pumped Economy”, Vitaliy Katsenelson, Seeking Alpha, November 18
Buying Panic?
Reading Time: 3 minutesOne of the most interesting articles I read this week was an observation by the ever insightful Mark Hulbert that we’ve had three 9 to 1 up days in the last 3 weeks: Friday Aug 17, Wednesday Aug 29 and…
