I’ve been a long time skeptic of gold and remain stubbornly bearish regarding its long term outlook. To my mind the oft cited purposes that give it value are diminishing or gone; it’s use an alternate currency is quickly being replaced bitcoin; the ability to hedge against inflation has been spurious; and using it as […]
Earnings season has officially kicked off this morning with some of the big banks such as JP Morgan (JPM) and Citibank (C) reporting mostly better than expected numbers.
Much has been written about the current low volatility environment and the possible reasons, from Central Bank intervention, to interconnectivity of global markets and more sophisticated hedging strategies.
The big news Monday was ride sharing firm Lyft teaming up with the self-driving driving technology firm Waymo in what was described as a “broad and fluid partnership.”
Quick, name the best performing stocks over the past five years. If you cited the usual suspects such as Facebook (FB) Amazon (AMZN) and Apple (AAPL) which had gained 325%, 310% and 85% respectively since 2012 you would be wrong. But one name that surprises most people when it appears the list is Dominos Pizza […]
Square (SQ) is the ‘other’ company founded and run by Jack Dorsey, but unlike the much maligned Twitter (TWTR), Square’s mobile payment platform, has enjoyed strong growth and a quick path to profitability.
The financials sector, especially the large money center banks like JP Morgan (JPM) and Citigroup were among the strongest performers following the election with the SPDR Financial (XLE) rallying some 20% in the month after the election.