Archive
The Streaming Wars Have One Clear Winner
This wasn’t a great week for several cult favorite stocks. I’ll discuss a few of them in the Cannabis Corner but first, we need to talk about why Netflix Inc. (NASDAQ:NFLX) spent so much of this week on the defensive. Part of the reason is that the Walt Disney Company (NYSE:DIS) launched its streaming video channel, […]
Warren Buffett Missed the Boom of Our Lifetime
People revere Warren Buffett as the greatest investor on the planet but even he has big blind spots. For me, one of the biggest is cheerfully buying banks, trains and pipelines while refusing to look at biotech stocks. It’s not like he doesn’t have the money. Berkshire Hathaway Inc. (NYSE:BRK.A) is now sitting on $128 […]
Apple: Still Buying Its Way to Growth
With the market cheering Apple Inc. (NASDAQ:AAPL) this week, it’s hard to recognize this as the company that cast such a chill on Wall Street exactly a year ago. But the only thing that’s really changed here is the share count. Last October, Apple was on the top of the world as the first $1 […]
A Tale Of Two Car Stocks: Tesla Or General Motors?
Earnings season is in full swing now and while the numbers are a little better than I was steeled to see, many of the reports still leave a lot to be desired. Let’s start with Tesla Inc. (NASDAQ:TSLA). People on Wall Street are cheering the fact that Elon Musk once again managed to swing the […]
Netflix Has Lost The Streaming Wars
Earnings season continues with big wins but Netflix Inc. (NASDAQ:NFLX) is actually down after proving to Wall Street that despite all the recession rumbling, the business hasn’t imploded. It was nice to see that the streaming video market is alive and well. The audience keeps growing. But the company just doesn’t have an easy future here. Amazon.com […]
Don’t Lock in a Weak Defense When Wall Street Is Scoring Extra Points
October can be scary for investors. The biggest challenge of negotiating this season is staying open to the opportunities that lurk behind the shocks. Take this week for example. Reading the headlines, you’d think the economy was in for an unprecedented nightmare ride. People are so bearish that they’re dumping stocks that pay 3 percent […]
Recession? Impeachment? Wall Street Is Ready to Party Like Its 1998
Investors have had a whirlwind couple of weeks, starting with the Saudi oil attack and rolling into a formal presidential impeachment inquiry. Add reports of strain in the credit market, a high-stakes Fed meeting, overheated tech stocks and persistent gloom about Treasury yields and the economy, and you’d think the world was ending. But replace […]
What the Fed Really Said
The week started on a tense note and ended somewhere between relaxation and relief. It’s all about the message the Federal Reserve issued, except what it said about interest rates. Don’t get me wrong, I’m happy to see interest rates go down in the absence of real inflation. After all, there’s no reason for the […]
With Apple Cooling and Netflix Cold, Roku Looks Unstoppable
My latest warning that Big Tech is hitting natural scaling limits hit a raw nerve with some die hard fans of Apple (NASDAQ:AAPL), especially in the wake of the most important product unveiling in years. Apple needed the keynote announcement to be a grand slam to really shake up the global technology landscape. At best […]
The Day that Eternally Transformed America and My Life
Our Lives Forever Changed Lieutenant Timothy Edward Coyne, the father of my children, is a heroic, courageous and patriotic decorated NYPD officer and truly the finest of New York’s finest. On September 11, 2001, Tim was assumed dead for many hours because he always started at 8:00 am working his lower Manhattan beat that spanned […]
