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YELP Will Continue to Have Investors Screaming HELP

Media Darling No More I am writing this article partially because of the recent CNBC video that came out just a few days ago on March 28th.  Dain Evans’ headline was “The story of Yelp — and why it’s struggling to survive.”  He tackles a Harvard study done by business school student Michael Luca and […]

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LYFT’s IPO Raises Questions (Chart Of The Day 20)

LYFT’s IPO Raises Questions   LYFT’s IPO priced at $72 on Thursday night implying a pre-trading valuation of $22 Billion Dollars.  Only weeks earlier the value range was thought to be between $10-$15 Billion. LYFT’s first trade  was $87.24, just shy of a $27 Billion value. Trading went straight downhill from there, with the stock […]

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The Importance of Setting Trading Limits

The Importance of Setting Trading Limits On Social Media, many of our recent posts and predictions have been questioned.  There is doubt that an asset bubble, or series of them, is forming.  Most analysts still believe that interest rates will be unchanged.  In contrast, we recently made a case for the potential of an immediate […]

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Federal Reserve Stokes ANOTHER Asset Bubble

The Incredible NON-Credible Fed   Three months ago, the Federal Reserve expected to raise interest 3 times in 2019.  At the conclusion of the Fed Meeting on March 20th, the Fed announced that it expects NO rate increases as far as the eye can see.  Chairman Jerome Powell also announced a MUCH earlier termination of […]

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Four Horsemen Pull Markets To New Highs

Deja Vu All Over Again? In 2018, the Nasdaq 100 (NDX) led the other indexes to ALL TIME HIGHS.  In 2019,  the NDX is leading the other indexes to NEW ALL TIME HIGHS. Nearly the entire gain in the NDX through its highs in October of last year was concentrated in just 4 stocks.   […]

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The Tesla Mess-la (Chart Of The Day 16)

Model 3 Sales Plunge Hardly a day goes by without some new revelation by Tesla Motors or its eccentric founder, Elon Musk.  After reporting a surprise profit in 2018’s third quarter, Tesla’s fortunes have since stalled. Tesla sold 140,000 of its “affordable” Model 3 in 2018, easily dominating the field for plug-in electric vehicles.  Including […]

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Dow 30K? Yes, But….

Major Indexes Continue Record Surge The Nasdaq closed higher for the 10th straight week last Friday, the longest such streak in 20 years.  During that time, it gained 21%.  The panic and freefall during December are replaced by complacency and greed.  It’s an Alfred E. Neuman type of market.  “What, me worry?”  Every major index […]

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Retail: The Best of Times or Worst of Times? (Chart of The Day 14)

The BEST Christmas in 6 Years or The WORST December in 10? Last week, the Census Bureau released Retail Sales data for the month of December.  The headline number was a stunning FALL of 1.2%. (The Chart on the Left is Seasonally adjusted month over month retail sales.) Following this news, investment banks  tripped over […]

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Charts, Markets And The Presidential Elections

It’s The Market, Stupid   In the 1992 Presidential election, James Carville coined the phrase “It’s the economy, stupid”.  The slogan was a reminder to candidate Bill Clinton the electorate votes with its wallet. That is clearly still true, but as the Chart on the left suggests, the stock market may be the MOST important […]

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