Yesterday, President Obama signed into law the 21st Century Cures Act, a piece of legislation that had rare overwhelming bi-partisan support. The White House issued this statement about the legislation as it passed through Congress on November 30th:
This critically important legislation will get states the resources they need to fight the heroin and prescription opioid epidemic. It invests....more>>>
I last wrote about magicJack (NASDAQ:CALL) on January 27th, 2016, describing how the business was a) highly free cash flow generative, b) supremely capitalized, c) pursuing several low-risk growth opportunities, and d) valued at insanely low multiples. Today, one year later, all four of the above remain true. And yet much has happened in the intervening 12 months.
Stocks ticked lower today, sending the Dow Jones Industrial Average to its largest two-day loss since early November.
The S&P 500 finished off 0.03% at 2,249.26 today, while the Dow Jones Industrial Average dipped 13.90 points, or 0.1%, to 19,819.78, its second consecutive day of losses. The Nasdaq Composite declined 0.1% to 5,432.09.
Gold sold off sharply since the election based on the belief that President-elect Trump will bring higher growth. This sell-off makes little sense for those who understand that gold is an investment in monetary policy failure and the destruction of paper currencies. Central banks remain hell-bent on printing money and creating inflation in order to deal with epic levels....more>>>
The U.S. Energy Information Administration (EIA) reported Wednesday afternoon that U.S. natural gas stocks decreased by 2 billion cubic feet for the week ending November 18. Analysts were expecting a storage addition of about 4 billion cubic feet. The five-year average for the week is an injection of around 3.8 billion cubic feet, and last year’s storage addition for the week totaled 4 billion....more>>>
Tesla is set to reap massive revenues from the industry which powers every other one: energy. Solar energy will power TSLA stock going forward.
Since its IPO in 2010, Tesla (NSDQ:TSLA) has had short periods of volatility and also uncertainty about its viability as a game-changing company. Elon Musks ambitious projects had raised some eyebrows on the Wall Street. However, recent developments....more>>>
Related RSX Russia Finds $45-$50 Oil 'Acceptable From The Point Of View Of Market Balance' Bruni On Approaching Tactical Bounces In Bear Markets Crude Oil: Doha May End The Bear Or Accelerate It (Seeking Alpha)
Related ALK Airlines Have More Room To Run Citi's Neutral-To-Bullish Call On The Airliners Related LUV The Three Cs Of The Airline Industry: Consolidation, Concentration And Crowding Jim Cramer Shares His Thoughts On Energy Transfer Equity And Southwest Airlines The Vetr community has upgraded $LUV....more>>>
The purpose of this article is not to say that the concept of asset allocation is flawed or anything like that. The most important decisions in determining an investment portfolio are what asset classes to use and what percentages to put into each asset class. Diversifying your funds among different assets among different kinds of investments potentially reduces your overall risk because different....more>>>
Check out any website that offers retirement advice, and you’re likely to come across the same suggested sequence for financial distributions: First, take from any taxable accounts; then tax-deferred; then tax-exempt.
That’s the typical withdrawal strategy. That’s conventional wisdom.
And, in my opinion, it’s wrong. Or at least, it’s wrong for many people.....more>>>
Strategas Research Partners’ Jason DeSena Trennert and Ryan Grabinski wonder what impact Valeant Pharmaceuticals International’s (VRX) current woes will have on other so-called platform companies,Endo International (ENDP), Allergan (AGN), and Danaher (DHR) among them:
Valeant’s recent difficulties might warrant a second look at platform companies…We dont mean to pile....more>>>