This Stock is a Coiled Spring

When Second Place is a Winner Australia is the world’s biggest producer of iron ore used to make steel. No surprise it’s home to the world’s largest iron ore mine, operated by London-based Rio Tinto (NYSE: RIO). Brazil is the world’s second-largest iron ore producer and also home to the world’s second-largest iron ore mine, […]

Brutal Beating for AI Stock

There’s a stock market rule that says all gaps must get filled.  A gap is something you see on a stock chart when an index or stock ends a trading day at one level and then starts trading the next day at a higher price. It literally creates a gap on the price chart. For […]

How to Pick a Winning Trade

How to Be a Winner About a month ago, we were whiling away the afternoon on the deck grilling burgers and playing horseshoes, a younger relative told me he had bought AMD, the semiconductor maker, as a play on AI. Now, I’ve long given up offering advice on stocks to friends and relatives unless they […]

People Still Hate These Stocks

Like most kids, stepping out into a fresh Baltimore snowfall,  the first thing my son would do is start packing a snowball. Ever the obliging father, I would give him an unflinching human target. But of course, a one-way snowball fight isn’t that much fun. Strangely, until he was 11 or 12, the fun of […]

Oil Stocks for the War Rally

You’re probably aware that a few high-level Iranian military officers were killed in an airstrike on the Iranian embassy in Syria a couple of weeks ago.  Israel hasn’t taken credit, but it’s pretty obviously part of Israel’s war against Hamas – because Hamas is backed by Iran, as are Hezbollah and the Houthis. The U.S. […]

A Broad Commodity Rally Is Here

Today the CPI which is the Fed’s gauge of inflation came in higher than expected and the market sold off. The biggest inflation movers were rent and gasoline.  Rent of primary residence jumped 0.4% in March.  This number has gone up at least 0.4% for 31 consecutive months.  Despite what you hear on the news, […]

Speculators: A Copper Penny Stock

A couple of weeks ago, Nvidia held its annual GTC developers conference. Developer conferences are where tech companies tease their upcoming products to get developers fired up about what new capabilities they will have to work with. Developers are key to a tech product’s success – if they don’t make cool apps and software for […]

The Best Silver Trade, Hands Down

The Best Silver Trade, Hands Down Silver just hit a two-year high and is close to breaking out above a five-year high.  The precious metal is going up in value for several reasons.   Things like oil, gold, and copper are undervalued and looking for a reversal to the mean.  This trend could continue as the […]

Own The Las Vegas Strip

Book a couple nights in Vegas at Caesars Palace or Harrah’s, lose a little loot in their casinos and you could joke that you’re simply rendering unto Caesar that which is Caesar’s… After all, those properties are part of Caesars Entertainment’s (NYSE: CZR) casino empire. At least sort of… Caesars owns the name on the […]

Night in the RUTs

Night in the RUTs When I was a young lad in the late 1970s, my older brother had an Aerosmith concert t-shirt back when they still played interesting music. The shirt read “Night in the Ruts” on the front. On the back, the “N” and “R” were crossed out and transposed with a graffiti font, […]

How FOMO Rules the Market

FOMO MOFO FOMO – the Fear of Missing Out – seems to be really in play for the stock market these days. I’d say it’s an oversimplification, and maybe a little mean-spirited to chalk FOMO up to jealousy.  Of course, we sometimes suffer pangs of envy when we see something that another person has that […]

Chart of the Week: Cocoa Prices Go Nuts

Chart of the Week: Cocoa Prices Go Nuts You had better stock up on chocolate.  Due to flooding and blight in West Africa where most cocoa beans are grown, the price has gone parabolic. Companies that process raw cocoa can’t afford to buy the beans.  Companies like Hershey (HSY) have seen their share price drop […]