3 Ways To Protect Against a Market CRASH
With news coming out that Buffett has lightened up on Bank of America, a core holding since 2011, in addition to his sales earlier in the year of his largest equity holding, Apple, concerns are rising that the Oracle of Omaha is reading the tea leaves and seeing gloom on the horizon.
That’s not a surprise given that the so-called Buffett Indicator, » Read more about: 3 Ways To Protect Against a Market CRASH »
Read MoreBillionaires Are All In, Are You?
It’s come as a bit of a surprise to many astute observers to see billionaires go all in on oil. For instance, in Warren Buffett’s top 6 holdings, 2 are oil stocks, Chevron and Occidental Petroleum.
Buffett has taken massive stakes in both companies. In Chevron, he holds an $18.8 billion stake while in Occidental the amount is $14.1 billion.
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Read MoreCrazy Great Depression Stat Scares Investors
Some things only look crazy in hindsight. Did anyone in 1929 know they were on the cusp of The Great Depression? A tiny minority, at best. The rest, well, they all piled into stocks, and a just few of them too.
Fast forward almost a century and investors appear to be committing the same financial crime,
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Read More1 Bitcoin Miner You Cannot Afford To Miss
Shares of bitcoin miner CleanSpark, Inc. (NASDAQ:CLSK) soared more than bitcoin over the past six months. However, the stock lost its momentum over the past month and declined by more than 11%.
The stock underwent significant volatility due to their correlation with bitcoin’s movement.
» Read more about: 1 Bitcoin Miner You Cannot Afford To Miss »
Read MoreWhy Bitcoin Will Moon
If you’re on the sideline wondering where bitcoin will go, we’re about to demystify it.
Warren Buffett famously described bitcoin as “rat poison squared” and a major reason for that view was the cryptocurrency’s failure to produce cash flows, or anything else really.
Buffett was viewing bitcoin more like an asset than something more elementary,
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Read MoreThe Ivy
1 Stock To Survive Any Market
Amid increasing uncertainty, investing in an industry resilient to economic downturn, such as the automotive sector, might be wise. The sector has shown enduring strength over time and typically bounces back from periods of economic downturn. Its strength is predicted to continue, and it is ready for progress and invention until 2035.
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Read MoreThe Spotlight
Why This Doctor Invests In Tesla Weekly?
I met a doctor recently who has been buying up as much Tesla as he can get his hands on. Remarkably he told me that he buys shares of Tesla every single week, accumulating as big a position as he possibly can.
In light of Tesla shares falling this past week after Musk made some almost outlandish predictions –
» Read more about: Why This Doctor Invests In Tesla Weekly? »
Read MoreThe Daily
US markets end higher as traders mull Invidia numbers
The major US indexes closed higher after choppy trading on Thursday, with the blue-chip Dow and the S&P 500 hitting one-week high.
Dow Jones Industrial Average gains were aided by cloud company Salesforce’s advances after three brokerages lifted their price targets on the stock.
Shares of Wall Street’s biggest company,
» Read more about: US markets end higher as traders mull Invidia numbers »