What a difference a week makes?
The phrase “What a difference a year makes?” is used in common parlance. But lately, this timeline has been squeezed into one week prompting people to ask the question - “What a difference a week makes?”. Let’s look at the happenings in just the past week: Citizens of...
read moreTesla – Buy the product, not the stock
Tesla’s stores once offered the promise of a one-stop shop for electric cars, solar panels and battery storage. Less than three months ago, the company announced 11 new store locations across the country. Just a few months later, Tesla is shuttering most of its stores...
read moreFew Words of Wisdom Everyone Needs
Every year, the one document every investor should read, even if they read nothing else the rest of the year is - Warren Buffett’s annual shareholder letter. This letter contains lessons that have vaulted Warren Buffett from a simple guy starting out working in his...
read moreZimbabwe back in hyper-inflation crisis and its neighbors aren’t happy
Earlier this week, Zimbabwe, which has been using the U.S. dollar for the past decade, announced that it is back to using its own currency again instead of the US dollar. The primary reason was that the country was running out of U.S. dollars and the dollars stored in...
read moreApple’s launch event in March. Anyone getting excited?
It is widely expected that there's going to be a launch event at the Steve Jobs Theater at Apple's headquarters on March 25. But don’t be expecting a revolutionary new product like the iPhone or iPad or the iWatch. Instead, it is expecting to be the launch of its...
read moreWe did’nt start the fire…
Since early October, Pacific Gas & Electric stock has lost more than 85% of its value. And now, it has filed for bankruptcy. Following PG&E bankruptcy filing, S&P Global Ratings slashed credit grades almost to junk status for California’s two other big...
read moreThe Fed, my friends, is on our side
At a time of unpredictable and unpresidential behavior at the White House, we have the Fed, whose behavior has now become predictable. Going into the FOMC meeting last week, financial markets demanded that Federal Reserve Chairman Jerome Powell ease up on tightening...
read moreLooking for direction as the Fed meeting awaits
Earlier in the week, Dow members - United Technologies and Procter & Gamble both rose more than 4.8 percent after reporting better than expected earnings. IBM, another Dow component, jumped 8.5 percent in its best session since Oct. 18, 2017. But then, later in...
read moreWall Street is flying blind..time to avoid getting bumped off
At a time when the government shutdown is expected to a have much greater impact than previously projected, coupled with earnings season from major companies disappointing, it is hard to understand why we have a rally in the stock market. Here is what we know - The...
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