Dogecoin – The hometown hero

Earnings continue to pour in, but that’s boring so let’s turn to some funny stories that could only happen in 2021. First, dogecoin is now worth more than Ford and Kraft. That’s right. The cryptocurrency that was created as a joke to make fun of cryptocurrencies now has a market cap north of $50 billion. By…More

Drowning in analyst tears

Few topics to discuss this week… Retail sales for March rose a mind boggling 9.8%, which blew away consensus forecasts at 6.1%. And if you’re thinking this is due to the government sending checks in the mail, pat yourself on the back. But what’s encouraging is that it appears that these checks are being used…More

Call me old fashioned

Happy Friday! A few weeks ago, it seemed as if tech was falling apart. I wrote a note defending the sector and why I was sticking with it. I don’t want to say that it was the right call just yet, because I’ve learned that successful investors must live in a constant state of paranoia,…More

The lonely street of dreams

Happy Thursday! I was driving my 4-year-old to school this week, and now that she’s past the age of those annoying toddler songs, I’ve been indoctrinating her to real music by slowly dripping the classics on her via Sirius’s Hair Nation and other trusted sources. Just as we were about to pull into her school,…More

Allow myself to introduce myself

Happy Friday! Yes, I’ve been talking about inflation since April of last year, and yes, we’ve seen quite a bit since then. But there’s more coming. At least I think so. But inflation isn’t a bad thing. Much like rising interest rates, it’s a sign that the economy is growing (I’ll take inflation any day…More

Spawned from the depths of hell

Happy Friday! I wrote about tech and the Nasdaq on Tuesday, and since then, it’s continued to be a bit of a rollercoaster. Maybe that correlation between the Nasdaq 100 (ticker: QQQ) will reverse again. Your guess is as good as mine. One of my points was that when a relationship keeps changing like this,…More

Thoughts on the Nasdaq and tech

There is a theory floating around that as the 10-year Treasury yield continues to rise, more pain will be inflicted on the Nasdaq and tech sector. I’m not so sure about that. The chart below depicts the correlation between the 10-year Treasury yield and the NASDAQ 100 (ticker: QQQ). Green indicates a positive correlation and…More

Cocktails and dreams

Happy Friday! Let’s poke the bear a little… Before you look at the charts below from First Trust, I did NOT compile the data, build the chart, or even pick the colors. All I did was copy and paste the charts below, so don’t go nuclear on me if you don’t like them. Speaking of…More

Do cryptokitties belong in your portfolio?

Happy Friday! This week sucked and I’m guessing many investors will want to know why, so here’s my take… Congress wants to pass a $1.9 trillion stimulus package that is not needed. The economy is growing (just look at the monster ISM Manufacturing report this week), and over 50% of the country might have some…More

The enemy of my enemy

Happy Friday! I have been adamant that although the opportunity ahead looks incredibly promising for patient investors, the ride probably isn’t going to be fun.  It’s sort of like when parents say that the days are long but the years go fast. When you’re in it, you’d occasionally rather be anywhere else, but when you…More