Monthly Archives: June 2023
Showing articles 21 - 24 (24 total)
05Jun2:04 pmEST
An Apple Event a Day Keeps Reality Away
We have WWDC kicking off today, and shares of AAPL are in focus again and grabbing most of the headlines, even amid the OPEC cut and oil trying to get a little something going from beaten-down conditions. With a forward PE north of 27, especially considering the firm's sheer size, Apple is clearly not a value stock despite Mr. Buffett being...
04Jun9:40 amEST
Weekend Overview and Analysis 06/04/23 {Video}
The following video is a brief, condensed version of the full-length Weekend Video Strategy Session which I present each weekend to members of Market Chess Subscription Services. In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. Please click here for more...
02Jun10:26 amEST
The Pause That Wouldn't Refresh Anything
A strong jobs report for May is sending the Dow and a bunch of sectors which have been lagging higher with rates and the Dollar. Meanwhile, tech, biotech, ARKK, and chips are mostly red as bulls continue to look for a "pause" in the rate hikes from The Fed later this month at the June 14th FOMC. Bulls also argue, alternatively, that even if...
01Jun11:29 amEST
It's Only Degeneracy When Charlie Munger Says it Is
I must say that I find it a bit rich (richer than a Dairy Queen Blizzard, indeed) to see a slew of articles in recent months with an, "aw, shucks" vibe about Charlie Munger's "Alibaba Mistake and how to learn from it!" In particular, Munger has been a sharp-tongued--unforgiving and even downright--critic of most things speculative, be it...