NKE: This Is When You Back Up The Truck
I’ve had my eye on Nike (NKE) for a year and a half now, initiating a starter position 9 months ago, and waiting for a moment to go bigger. This is it. First let’s talk about the quarter. It was…
I’ve had my eye on Nike (NKE) for a year and a half now, initiating a starter position 9 months ago, and waiting for a moment to go bigger. This is it. First let’s talk about the quarter. It was…
I’m not going to bore with you all the hands that led up to the final one in Saturday’s 1pm $550 satellite to Sunday’s $3500 WPT Rolling Thunder at Thunder Valley but the last one was something else. 20 seats…
I just got off the phone with Warren Buffett during which I picked his brain about the current correction. There’s a lot of noise out there right now so I wanted to hear it straight from the GOAT. Here’s what…
Department store Kohl’s (KSS) reported another disastrous quarter Tuesday morning before the open and shares are being taken to the woodshed (-24%). KSS shares are now down more than 80% over the last three years. I used to be fatally…
Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria – John Templeton The election of Donald Trump last November was at first met with euphoria by investors. Tax cuts, streamlined regulation, improved government…
I was cruising in Day 1C of the $1100 $1 Million Guarantee at Thunder Valley on Sunday (March 9). From 15,000 chips I was on a heater that pushed my stack above 140,000 at 500/1000/1000 – one of the top…
Nvidia (NVDA) reported its much anticipated 4Q earnings after the close. It was a mixed bag. On the one hand, revenue growth continues to astound. 4Q revenue of $39.3 billion was up 78% compared to a year ago and 12%…
Realty Income (O) is a $50 billion Net Lease REIT that pays a monthly dividend of 26.8 cents which works out to an annual yield of ~5.60%. They call themselves The Monthly Dividend Company since most companies pay dividends quarterly….
You are starting to see some of these things stack up. And then the question just becomes, are there enough of these things to tip the market over? – Michael Brenner, Asset Allocation Strategist, FBB Capital Partners, quoted in the…
Is there a more hated asset than gold? Keynes called it a “barbarous relic”. Warren Buffett is famously not a fan of gold. And yet gold is working now precisely as it should as a hedge against inflation and excessive…