July is typically a slow month for real estate, but I recently heard a local realtor say she had to hire police officers to control the traffic at an open house last month. National numbers echo this strength. So much for the dog days of summer—at least in the housing… Read More
Stock Market Investing
The U.S. stock market is set for a big move as it lumbers through the traditionally dull “dog days of summer” and traders assess the post Brexit rally world. The big question is whether a continuation of the current rally can last as the poor earnings season continues and the… Read More
Shares of Personal Finance Growth Portfolio holding Gilead Sciences (GILD) dropped nearly 9% in early trading on Tuesday after the company released its third quarter earnings report that fell short of last year’s results. Quarterly revenue of $7.8 billion this year was less than last year’s sales of $8.2 billion,… Read More
Unilever just bought the privately held (and unprofitable) Dollar Shave Club for a cool billion dollars. Not a huge transaction for Unilever, but another seismic shift for retailing—and a shift that spells opportunity for those who can decipher these tremors.Dollar Shave Club (as explained in its quirky ads) ships razor… Read More
It takes old technology to power the new Read More
A trio of “old tech” companies reported quarterly earnings this week, which in the past would have drew yawns from stock market analysts. But with overseas investors fleeing the uncertainty of Europe and Asia for the relative security of the United States, many of these stocks have become de facto… Read More
Sometimes a short seller can’t catch a break. You’d think that a company’s stock would drop when it admits to the Federal Trade Commission that it’s been manipulating customers, will pay a $200 million fee and will enact draconian changes to its business to reduce this deception.But that’s the story of Herbalife,… Read More
Bull markets climb a wall of worry. And there is plenty to worry about these days, which suggests that stocks could continue to move higher over the next few weeks and perhaps even months. Read More
If you like to profit from mergers and acquisitions, consider investing in our cash-flow rich Personal Finance Growth portfolio stocks. Last week I discussed how Danone’s buyout offer for WhiteWave Foods was an example of the merger and acquisition activity that the Brexit vote will spawn as nervous executives in Europe look to buy… Read More
Investors should be wary of Friday’s U.S. jobs report, which claimed 287,000 jobs were created in June, and which sent the S&P 500 index to an all-time high. This report comes a month after it was reported that a measly 11,000 jobs were created in May.I’m among those doubting that U.S. Read More