Investing

We Found a Glitch in the Way Wall Street Hands Out These Shares

Retail investors couldn’t buy them fast enough. The calendar was filled with special-purpose acquisition companies (SPACs) for the past two years. Also known as blank-check firms, SPACs go public without having a business. Wall Street uses them to raise money, so they can buy a business to be chosen later. It’s a shortcut to a…

Next Time You Trade Options, Think About This…

If there’s one thing you can count on in this world, it’s that change is constant. That’s especially true in financial markets. I’m not talking about daily price swings. I’m talking about a fundamental difference between the stock market of today, and the one that existed decades and centuries ago. In the early days of…

Appreciating Our Great Country on Independence Day

Today marks the 246th time Americans have celebrated. We celebrate the gamble our nation’s founders took on July 4, 1776. They rejected the idea that government should be based on birth, wealth or religion… And created a government based on the radical idea of equality before the law. For the first time, it was decided…

Options Arena: SPACdown

Oh, SPACs… The hottest investment of a simpler time — by which I mean, 2021. In theory, they sound great. At some point down the road, the SPAC you buy will turn into a much-anticipated public listing of this or that company. It’s like buying an IPO before the IPO. What’s not to love? Well,…

Market FLIP happening NOW

Right now, there are two BIG shifts happening.  The narrative from inflation to recession. Demand for America 2.0 stocks. But the markets haven’t priced this in yet.  The good news?  This earnings season demand will shift from America 1.0 companies — with HUGE amounts of debt, lower profits, and high cash obligations — to innovative…

If You Want to Be a Successful Trader, Learn “O.P.E.”

We’ve all heard the old saying “experience is the best teacher.” I know I heard it a lot growing up. My mom believed that any chore was an “experience” — meaning I heard the phrase every time I was asked to set the table or do the dishes. I may have grumbled then, but as…

All Red? No Problem… We’re Rolling With Mr. Market’s Punches

All Red? No Problem… We’re Rolling With Mr. Market’s Punches

After last week’s short-lived market euphoria, the major indexes are back to being red all over. But as Alpha Investor founder Charles Mizrahi says… For investors who can keep their cool, these periods are “like manna from heaven.” That’s why Charles has been sharing everything you need to know about staying calm and invested during…

Like It or Not, It’s Time to Face the Facts

I want to start today’s piece with a sincere apology to Cathie Wood and her investors. Last week, I highlighted the poor performance of her flagship fund ARKK. This offended some Wood fans. They weren’t happy that I suggested she’s lost investors nearly all their money. One unsettled subscriber went so far as to demand…

1 Sector to Cause Fed to Pivot on Interest Rates

There’s no denying it: I’m a data guy.  Looking at numbers, I see vivid pictures of what’s happening in the economy and market. But there’s one sector that requires a little more insight than just the numbers. I know. It was hard for me too.  But when you combine the actual data with a little…

There’s No Free Lunch — Especially on Wall Street

Back in the day, bars used to serve free lunches. However, there was a catch… The food was loaded with salt. Customers who ate the salty free lunch needed to buy beers to quench their thirst. The customers ended up spending a lot more for the beers than the lunch cost the owner. So, the…