Stocks Everyone has a vague understanding of what stocks are. Whether you’re a plumber, a professor, or a Wall Street banker, stocks play a critical role in all our lives. A share of “stock” is an extremely small (really, really, small) claim to ownership of a company. Shares of stock have different classes, such as … More A Comprehensive Introduction to the World of Finance
Shares of Lumber Liquidators ($LL) spiked today following an earnings report, that in all honesty was, for lack of a better term, egregious. Shares are up over 18% as I write this article on a reported earnings of -$0.20 per share, equating to a company loss of about $5.5MM in Q4. With over 12 million … More The Spike in Lumber Liquidators: Why the Move? And Why is it a Perfect Opportunity to Short?
“President Trump signed on Friday an executive order that severely restricts immigration from seven Muslim countries, suspends all refugee admission for 120 days, and bars all Syrian refugees indefinitely.” (The Atlantic) Protesters are making their way to airports across the country this week, after press releases surfaced of President Trump’s recent executive order to severely … More Trump’s Executive Orders: What Do the Markets Think?
The Trump administration hit the ground running this week and began chipping away at their campaign promises. But what are these reforms and what impacts do they have on the domestic and global economy? … More Protectionism is Here to Stay, For Better or Worse
Earnings reports had the Street on their toes this week. Major players such as Alibaba ($BABA), Lockheed Martin ($LMT), and Johnson and Johnson ($JNJ) all brought surprises. Most notably, Alibaba, the Chinese online retailer, blew away analyst estimates with their report of $1.09 per share versus the consensus estimate of $0.85. A 28.2% surprise led to … More Recap on Earnings Projections: Who were the Big Winners and What’s to Come?
Part of a course last semester involved finding something objectionable in the latest issues of The Economist magazine and writing a rebuttal. Here’s what I came up with: Tight Response You claim the Federal Reserve and other central banks, used expansionary policy to prevent a shock from becoming a depression in 2008 (“The low-rate world”, … More Letters to The Economist
After day one of trading as part of the Investopedia “Market Madness” challenge, my portfolio has grown to $50,989.15 (up $989.15 or %1.98). My strategy entering the Market Madness challenge will be comprised primarily of swing trading momentum stocks as well as quick, short-term earnings plays. Today, January 23rd, marks the first full business day in office for President … More Portfolio Update: Market Madness
Investopedia is interested in seeing just how capable college students are of trading from their dorm rooms. Without access to the powerful tools today’s top-performing hedge funds are using, it will truly be a test of stock-picking ability. Students will place their bets, trading stocks and options, in hopes of claiming a top spot among … More Market Madness Challenge: A Test of True Trading Ability
President-elect Donald Trump became President Donald Trump on Friday, as over two hundred and fifty thousand onlookers crowded the national mall to witness the swearing in of the 45th President of the United States. The market has been increasingly volatile in anticipation of what lies ahead under the Trump administration. The Dow started the week … More This Week’s Market Movers: For the Week of January 16th
“Bubbles don’t correct, they burst” … More The Next Big Bubble