Buffett Has Sold For 7 Quarters In a Row, What Happens Next?
When it comes to investing, following the actions of top investors is a much smarter play than following their words. Take Warren Buffett, for example, who has a philosophy of betting on America long-term and a reputation for having a holding period of forever. You could be forgiven for becoming complacent about how long to hold a position if you listened to that advice. » Read more about: Buffett Has Sold For 7 Quarters In a Row, What Happens Next? »
Read MoreIs This Buffett Favorite A Screaming Buy?
If you listened to the mainstream financial news networks, you would be forgiven for thinking that a softening economy, higher inflation, and rising interest rates had crushed the consumer and that spending was on the verge of a titanic plunge. But if that’s all true why is Visa down by a small single digit percentage for the year while the S&P 500 is down almost 3x as much?
» Read more about: Is This Buffett Favorite A Screaming Buy? »
Read MoreCathie Is Betting This Stock Can Pop 9x
When Cathie Wood forecast that Tesla would rise to within spitting distance of becoming a trillion dollar company, its market cap was just 6% of that target. In 2018, the prediction seemed outlandish yet just 3 years later Tesla had reached a market capitalization of $1.2 trillion.
Now Cathie is out with another similarly wild prediction: Roku will rise by more than 9x and hit $605 by 2026.
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Read More3 Passive Income Energy Stocks To Buy Now
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Read MoreElon Musk Claims United States Will Be Bankrupt, Now What?
The US debt now sits at $34 trillion and is growing by about $1 trillion every 100 days. A statistic came out recently that claimed 76% of all personal income tax is now going to service the national debt.
It’s for that reason Musk recently made the claim that the US is headed for bankruptcy.
» Read more about: Elon Musk Claims United States Will Be Bankrupt, Now What? »
Read MoreThe Burst
Market Commentary: Underestimate Zuckerberg At Your Peril
Long ago, a conversation between two investors about the sluggish revenues of what was then Facebook went something along the lines of this: With all those users, why isn’t Facebook making more?
To which the second investor replied, do you really think they figured out how to get a billion users on their platform and don’t know how to make money from them?
» Read more about: Market Commentary: Underestimate Zuckerberg At Your Peril »
Read MoreThe Spotlight
FAANG Is Dead, Here’s Why
It wasn’t long ago Meta had a trillion dollar market capitalization. Zuckerberg’s empire spanned social media giants Facebook and Instagram, as well as Whatsapp and Oculus. Then TikTok came along and everything changed.
A few years ago the only platform that could claim a billion monthly active users was Facebook, but by January of this year TikTok had eclipsed this threshold and a full 3 billion users have installed the app.
» Read more about: FAANG Is Dead, Here’s Why »
Read MoreThe Daily
Powell on ‘solid ground’ by not raising interest rates, says fmr. Kansas City Fed chief
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Powell on ‘solid ground’ by not raising interest rates,