Earnings Edge: 2 Stocks Ready to Break Higher (LZB & SWBI)
We are in the final stages of the first-quarter earnings season, and that means fewer and fewer companies making announcements. That’s okay because there are still interesting reports that are moving stocks. Last week, we looked at Vail Resorts Inc. (NYSE:...
High Reservation Wage Means High Unemployment
Business owners are reporting that jobs are hard to fill. Yet, millions of workers remain unemployed. While there has been some economic adaption, unemployment is a hotly debated problem. Some blame enhanced unemployment benefits that total $300 a week in many states....
3 Powerful Dividend Truths for Your Retirement Plans
These past few weeks have been pleasantly devoid of market drama. The S&P 500 is trading on one of the tightest ranges I can remember, there are no major earnings announcements on the horizon, and even the Twittersphere has been quiet. It’s been a while since Elon...
Biotech Stock Tip: Make the Most of the “Novel” Drug Rush
Approved. Just one word caused a stock to rise more than 60% in one day. It’s what happened earlier this week when the Food and Drug Administration signed off on Biogen Inc.’s (Nasdaq: BIIB) new Alzheimer’s drug Aduhelm. Pro tip No. 1: I talked about the impact of...
Money & Markets Watchlist
Fixer-Upper: A Bullish Buy for the Home Improvement Boom
I looked into selling my house recently. My wife and I love the neighborhood. It’s lined with old-growth shade trees, our neighbors wave to us when we step outside to get the mail, and kids roam the streets on bicycles. It feels like a bygone era, and it’s great. But...
Earnings Edge: 2 Stocks Ready to Break Higher (LZB & SWBI)
We are in the final stages of the first-quarter earnings season, and that means fewer and fewer companies making announcements. That’s okay because there are still interesting reports that are moving stocks. Last week, we looked at Vail Resorts Inc. (NYSE:...
3 Powerful Dividend Truths for Your Retirement Plans
These past few weeks have been pleasantly devoid of market drama. The S&P 500 is trading on one of the tightest ranges I can remember, there are no major earnings announcements on the horizon, and even the Twittersphere has been quiet. It’s been a while since Elon...
Biotech Stock Tip: Make the Most of the “Novel” Drug Rush
Approved. Just one word caused a stock to rise more than 60% in one day. It’s what happened earlier this week when the Food and Drug Administration signed off on Biogen Inc.’s (Nasdaq: BIIB) new Alzheimer’s drug Aduhelm. Pro tip No. 1: I talked about the impact of...
The Commodities Bull Market Is Here (It’s Economics 101!)
Year-to-date, the Nasdaq 100 is up about 7% … the S&P 500 and Dow Jones Industrial Average are up 13% … and the small-cap Russell 2000 has gained nearly 19%. Meanwhile, commodity prices are up more than 30%! And this is just the beginning of what I expect to be a...
Don’t Count on Biogen Stock Gains — Alzheimer’s Drug Has Baggage
In November 2020, biotech analysts could not get enough of one particular stock after the company got a big break from the Food and Drug Administration (FDA). At the time, the FDA ruled it had enough evidence to support approval of Biogen Inc.’s (Nasdaq:...
This 7.3% Dividend REIT’s Future Is Bright After Yearlong Rally
What a difference a year makes. During the pits of the COVID-19 bear market, you couldn’t give mortgage REITs away. Investors were worried — and not without justification — that the wave of lockdowns would lead to a wave of missed rent payments … which in turn would...
Kroger Earnings + More Bad News on the Inflation Front?
Money & Markets Week Ahead for the week of June 13, 2021: Earnings season continues to slow down as companies prepare for the next round of quarterly reports. I look at an Israeli “software as a service” IPO, analyze the earnings of a popular grocery store and get...
Best Cannabis ETF? (YOLO, MJ or MSOS)
Editor’s note: Join our new YouTube membership program here! You'll gain access to more exclusive cannabis content every week. Follow to link above to join us now, and read more about the YouTube join feature below. In today’s Marijuana Market Update, I answer a...
Canopy Growth Earnings May Reveal a Troubling Trend
Money & Markets Week Ahead for May 30, 2021: It’s a short trading week as the market is closed on Monday for the Memorial Day holiday. I look at the one IPO set to launch and dive into Canopy Growth earnings ahead of its quarterly report on Tuesday. We’ll also...
ZipRecruiter IPO Has Potential Post-COVID; Nvidia Earnings Preview
Money & Markets Week Ahead for May 23, 2021: The ZipRecruiter IPO will launch as companies struggle to hire... And I break down the earnings expectations of a big player in the artificial intelligence field: Nvidia. We’ll also get a peek at consumer confidence for...
What a $500M Bet Against Tesla Means for This Bubble Market
Back in February, I introduced the “smartest guy in the room,” Michael Burry. Unless you hang out with NASA rocket scientists or Nobel Prize winners, I doubt you know anyone smarter than Burry. In case you need a reminder, he’s the eccentric hedge fund manager played...
Federal Cannabis Legalization Update; High Tide News
In today’s Marijuana Market Update, I: Discuss a new bill that House Republicans proposed and look at what state legislatures are doing to legalize cannabis. Share answers to a mailbag question on where to trade over-the-counter (OTC) stocks. Cover High Tide Inc.’s...
The Great Crypto Crash: What to Do After Bitcoin’s 40% Fall
Whoever says social media doesn’t influence financial markets hasn’t met Elon Musk. The CEO of Tesla Inc. (Nasdaq: ) … whether intentional or not … has been instrumental in the rise and fall of cryptocurrency prices over the last few...
Conquering the Market Starts Here ...
Don't get overwhelmed by the daily ups and downs of the stock market. Sign up for FREE access to our Money and Markets daily emails and take control of the markets!
High Reservation Wage Means High Unemployment
Business owners are reporting that jobs are hard to fill. Yet, millions of workers remain unemployed. While there has been some economic adaption, unemployment is a hotly debated problem. Some blame enhanced unemployment benefits that total $300 a week in many states....
Productivity Trend Might Bail Out Economy
Millions remain out of work. Their jobs are gone forever. Yet, the economy is in recovery even without those jobs. Economists have an explanation for economic growth without job creation. They call it productivity, and it can offset job losses. Productivity is a...
Higher Wages Won’t Fix Job Openings Glut
Last week’s unemployment report led to a predictable response. Some argued that unemployment is higher than it should be because enhanced unemployment benefits make it more lucrative for some potential workers to stay at home. Others argued higher wages are needed to...
As Euro Inflation Surges, ECB Hopes for High Unemployment
Investors and savers in Europe have suffered even more than their counterparts in the U.S. Interest rates on bonds, pivotal to the European Central Bank's (ECB) strategy, in many countries have been below zero for years. In Germany, rates on ten-year government bonds...
The Fed Is Like an Irrational Used Car Dealer
As every used car dealer knows, the amount of money owed isn’t as important as the monthly payment. That’s why they ask prospective buyers how much of a payment they are looking to make. With that information, dealers can focus on maximizing the amount of the sale....
Retail Sector Might Be the Hottest in the Next Bull Market
Bull markets climb a wall of worry, according to a popular Wall Street saying. This applies to broad market averages and individual sectors — and for now, the most worrisome is the retail sector. Online sales are a concern for brick-and-mortar retailers. In fact, many...
The Fed Wanted Inflation — It May Get Stagflation Instead
Federal Reserve Chairman Jerome Powell must be ecstatic. He was right. Inflation is back, but it may be stagflation instead. On Friday, the Commerce Department reported core personal consumption expenditures (PCE) index rose 3.1% in April. CNBC noted this was because...
Get a Job, Hippie! Work in Retirement Has Many Benefits
My friend John recently turned 70. He works part-time as a bagger at the Kroger about a mile from my house. Now, before you draw conclusions, John has plenty of cash in the bank. He had a successful career as an accountant and is financially secure. He retired a few...
How Millennials (or Anyone) Can Close the Savings Gap
Here’s a fun fact: The front end of the millennial generation is turning 40 this year. That’s right. The Peter Pan generation that seemed destined to never grow up will soon be over the hill. They aren’t Starbucks baristas crashing on their buddies’ couches anymore....
A Bitcoin Nest Egg: Should Your IRA Meddle in Crypto?
“Should I buy bitcoin in my IRA?” An old friend asked me that question the other day. But here’s the thing. It’s actually two questions. One is tricky to answer, while the other one is a breeze. I’ll start with the tricky one: Should you buy bitcoin? My answer here...
It’s the Real Estate Wild West: How to Buy a House in This Market
I’m selling my house. I really like the property. It’s in a historic neighborhood with a 1950s neighborly vibe. The streets are lined with beautiful old trees, many of which have tire swings hanging from them. And my kids love playing here. But it’s also just 1,900...
The Great Retirement Debate: Roth IRA vs. Traditional IRA
We have about a month until tax returns are due. It’s time to make those last-minute tax moves. Naturally, one of the best (and easiest) moves to make is to top up your IRA or Roth IRA for the year. For tax year 2020, you can contribute up to $6,000 to an IRA or Roth...
Self-Employed Taxes: Legally Shed Thousands Off Your Bill
Last week I shared some of my favorite ways to take an ax to your tax bill. And the good news, of course, is that we have an extra month to do it. The IRS extended the tax filing deadline to May 17. We’re all obligated to pay income taxes. It is, alas, the price we...
Protect Your Nest Egg: 3 Tax Tips for the Extended Season
You might have seen the news that the federal income tax filing deadline was extended to May 17. If you’re like me — it still feels like mid-January, and I’m wondering where the past two months went — that’s good news. It gives us a little more time to do some...