Why Is Warren Piling Into This Monster Insurer?
Imagine a business that has quietly dominated its industry for decades, steadily outperforming its rivals while keeping an impeccable balance sheet.
Add to the fact that it has thrived during economic downturns and periods of rising interest rates when its peers faded.
In recent years, it’s seen its earnings surge, boosted by both disciplined underwriting and a strong investment portfolio. » Read more about: Why Is Warren Piling Into This Monster Insurer? »
Read More
Insurance + AI = Massive Upside?
There hasn’t been a start to the year as bad as this one since 1970. By June, the market had officially slid into bear market territory.
But among the laundry list of lemons, one compelling buy candidate now is Lemonade (LMND), a growth stock that fell out of Wall Street’s favor and collapsed from all-time highs of $81.68 per share to a recent 52-week low of $15.99 per share.
» Read more about: Insurance + AI = Massive Upside? »
Read More
Terrifying Prediction From Palantir Boss
Is your portfolio built to withstand terrible times? If not, the future could be bleak. At least, that is the takeaway after listening to Palantir boss, Alex Karp.
Karp spoke with early Palantir investor, Stanley Druckenmiller and shared perhaps the bleakest outlook on the future of any prognosticator in recent times. Indeed, if Karp is right,
» Read more about: Terrifying Prediction From Palantir Boss »
Read More
Buffett Buys Bank Shunned By Wall Street
In the first quarter of 2022, Berkshire Hathaway (BRK.A)(BRK.B) purchased close to nine million shares of Ally Financial (ALLY), a digital bank that specializes in auto lending. He now owns around 30 million shares, valued at over $1 billion.
The market has punished Ally this year but is it missing something.
» Read more about: Buffett Buys Bank Shunned By Wall Street »
Read More
Billionaire Bets The Farm On Under-the-Radar Health Stock
Stanley Druckenmiller is among the most astute stock pickers in the world and often ahead of broader market consensus. That may be attributable to his view that it’s best to buy with an eye on where things will be in 18 months versus today.
One of his latest buys, and a big one at that,
» Read more about: Billionaire Bets The Farm On Under-the-Radar Health Stock »
Read MoreThe Burst
Is United Airlines Set To Crash?
United Airlines has a strange pattern over the next month and a half. In 11 of the past 18 years it has a bizarre bearish pattern where it falls by on average almost 5% over that time frame.
What is it about this time of year when you might anticipate travel bookings are ramping up that this airline has a consistent history of falling by such a large amount?
» Read more about: Is United Airlines Set To Crash? »
Read MoreThe Spotlight
1 Weird Buffett Stock You Won’t Want To Miss
So far this year, Warren Buffett has made massive energy bets, including his continued investment in Occidental Petroleum (OXY). The billionaire’s relationship with this once-troubled energy company began in 2019 and now looks like a long-term play.
What was once an opportunistic buy has turned into a significant partnership.
» Read more about: 1 Weird Buffett Stock You Won’t Want To Miss »
Read MoreThe Daily
S&P 500 flashes major crash signal
The S&P 500’s ongoing bullish momentum may be nearing a stall, as technical indicators suggest a potential drop could be imminent.
The index closed Friday’s session at 6,728, up a modest 0.13%. However, on the weekly chart, it has corrected more than 2%.