Ferrari (NYSE:RACE) Post Strong Q-1 Results

Ferrari (NYSE:RACE) Post Strong Q-1 Results

$RACE FLASH: THE FERRARI F8 TRIBUTO, 1ST OF 5 NEW MODELS UNVEILED IN 2019 DRIVING STRONG REVENUE Ferrari F8 Tributo Successfully presented at the Geneva Motor Show on 5 March 2019, the Ferrari F8 Tributo represents the most powerful V8 in the Maranello Outfit’s history for a non-special series Supercar and sets the benchmark for […]

Tesla (NASDAQ:TSLA) Appears on the Edge of Bankruptcy

Tesla (NASDAQ:TSLA) Appears on the Edge of Bankruptcy

$TSLA Wednesday, covered in Red Ink Tesla’s (NASDAQ:TSLA) erstwhile CEO Elon Musk suggested a capital raise could be imminent, as the US’ fledgling EV maker lost $700-M in Q-1 and while optimistically predicting a return to profit in Q-3. Tesla big plans to resolve logistics issues with global vehicle deliveries after suffering stiff headwinds marked […]

Bangkok, Thailand

Bangkok, Thailand

Stepping into Bangkok where sensory overload hits you like a wave. A million different scents and noises overwhelm you, making this city 1 of the most electrifying destinations in the world. Whether you are eating street food, wandering through an ornate temple or trying to navigate streets crowded with tuk-tuks, Bangkok is packed with adventure. […]

Tesla’s (NASDAQ:TSLA) ‘Ponzi Scheme’

Tesla’s (NASDAQ:TSLA) ‘Ponzi Scheme’

$TSLA By Tyler Derden FLASH: Since Y 2008, 78% of Tesla’s Operating Cash Flow has come from refundable customer deposits An impressive, 46-page Value Investor Club write-up on Tesla was published by user jcoviedo Monday and promptly leaked thereafter, which – not surprisingly – pitched a short thesis which sees the stock price 1st dropping […]

Elon Musk’s Tweets Assures Tesla (NASDAQ:TSLA) Will Have to Pay $920-M + Interest to Bondholders

Elon Musk’s Tweets Assures Tesla (NASDAQ:TSLA) Will Have to Pay $920-M + Interest to Bondholders

$TSLA Tesla’s (NASDAQ:TSLA) share price was nowhere near the necessary mark to help convert its $920-M in bonds to stock even before CEO Elon Musk’s recent incendiary Tweets. And so Mr. Musk’s contentious Tweets killed any last-minute hopes that a miracle rally is in the offing. His struggling EV company is on the hook to […]

“No Need to Hike Rates Again”

“No Need to Hike Rates Again”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Trump Policy Traction, FOMC Minutes Due Wednesday Tuesday, New York Fed President John Williams said he is comfortable with the level US interest rates are at now, and sees no need to raise them again unless growth or inflation shift to an unexpectedly higher gear. In an interview with […]

Managed Money Moves Back into High Yield Corporate Bonds

Managed Money Moves Back into High Yield Corporate Bonds

US fund investors charged into high-yield corporate bonds during the latest week, shoveling $3.3-B, the most cash flowing into that market since late Y 2016, Lipper said Thursday, boosted by dovish words from Fed Chairman Powell. Underscoring investors’ appetite for some risk-taking, investors pulled $15-B net cash from US-based money market funds, according to the […]

Family Owned Italian Fashion Houses Prepare for the Future

Family Owned Italian Fashion Houses Prepare for the Future

$KORS To stay on trend, Italian fashion houses are refashioning themselves for future growth. Luxury label Ermenegildo Zegna, which opens Fall/Winter menswear previews at Milan Fashion Week Friday, made its 1st move to expand abroad with the Zegna Group’s Summer acquisition of American brand Thom Browne. The Gianni Versace house’s entrance into the group owned […]

Best Time Since President Trump’s Election to Buy Stocks

Best Time Since President Trump’s Election to Buy Stocks

Best Time Since President Trump’s Election to Buy Stocks $DIA, $SPY, $QQQ,$RUTX, $VXX Savvy investors, sidelined and sitting on cash are setting up to come back into this market The sell-off that started in October is a healthy correction in this Bull market and investors should continue to tune out the Noise. The beaten down […]

As Market Corrects, Huge Opportunities Come to Light

As Market Corrects, Huge Opportunities Come to Light

As Market Corrects, Huge Opportunities Come to Light $DIA, $SPY, $QQQ, $RUTX This Bull market correction is/will yield huge opportunities for savvy and patient participants. If you have to put money to work in the market now, we suggest you go into the defensive names in healthcare, consumer staples and utilities In tech 1 will […]

METALLA UPDATE: NEW DISCOVERY ON THE SANTA GERTRUDIS GOLD PROPERTY

METALLA UPDATE: NEW DISCOVERY ON THE SANTA GERTRUDIS GOLD PROPERTY

METALLA UPDATE: NEW DISCOVERY ON THE SANTA GERTRUDIS GOLD PROPERTY $MTAFF, $AEM Metalla Royalty & Streaming Ltd.(TSXV: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) ) updates on its recently acquired 2% net smelter return royalty covering the Santa Gertrudis gold property owned by Agnico Eagle Mines Limited. (NYSE: AEM). Brett Heath, President and Chief Executive Officer of […]

Bitcoin (BTC) Falls, Bringing Down the Entire Cryptocurrency Market

Bitcoin (BTC) Falls, Bringing Down the Entire Cryptocurrency Market

Bitcoin (BTC) Falls, Bringing Down the Entire Cryptocurrency Market $BTCUSD For months, the price of Bitcoin has been hanging around the mid-6,000’s mark.  But now, the most popular cryptocurrency has plummeted by 12% over the last day, hitting a value just above 5,500. The total market capitalization for Bitcoin now stands at $96-B, the 1st […]

Warren Buffett Putting Cash to Work

Warren Buffett Putting Cash to Work

Warren Buffett Putting Cash to Work $BRK.A, $BRK.B, $JPM, $ORCL, $TRV, $DIA, $SPY, $QQQ, $RUTX, $VXX Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A & BRK.B) Wednesday said it had taken stakes in JPMorgan Chase & Co., Oracle Corp. and Travelers Cos., as the conglomerate puts some of its sidelined cash to work. As of 30 September Berkshire […]

Metalla (OTCQX:MTAFF) Completed the Smelter Return Royalty on the Santa Gertrudis Gold Property

Metalla (OTCQX:MTAFF) Completed the Smelter Return Royalty on the Santa Gertrudis Gold Property

Metalla (OTCQX:MTAFF) Completed the Smelter Return Royalty on the Santa Gertrudis Gold Property (TSXV: MTA) ($MTAFF) (FRANKFURT: X9CP) Metalla Royalty & Streaming Ltd. (TSXV: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) is pleased to announce that it has closed its previously announced acquisition of a 2% net smelter return royalty on the Santa Gertrudis gold property located north […]

Tesla (NASDAQ:TSLA) Admits SEC Subpoenas, ‘Nothing’ Musk Calls FBI’s Criminal Probe “Absurd”

Tesla (NASDAQ:TSLA) Admits SEC Subpoenas, ‘Nothing’ Musk Calls FBI’s Criminal Probe “Absurd”

Tesla (NASDAQ:TSLA) Admits SEC Subpoenas, ‘Nothing’ Musk Calls FBI’s Criminal  Probe “Absurd” $TSLA US securities regulators have issued subpoenas regarding Tesla’s (NASDAQ:TSLA) public assurances over the production of its newest car the M3, the company said in a filing late Friday, the latest signal of a very aggressive investigation into Elon ‘Nothing’ Musk’s EV maker. The […]

Tesla’s (NASDAQ:TSLA) Future Is Not Secure Yet

Tesla’s (NASDAQ:TSLA) Future Is Not Secure Yet

Tesla’s (NASDAQ:TSLA) Future Is Not Secure Yet $TSLA Following Tesla (NASDAQ:TSLA) and Elon Musk has been Wild, that will not change in the foreseeable future. Last week stronger-than-expected Q-3 results relieved some of the pressure on the company and its deposed Chairman, Elon Musk, after a turbulent several months. In early August Mr. Musk smothered […]

Tesla (NASDAQ:TSLA) to the Dust-bin of Automotive Wannabees?

Tesla (NASDAQ:TSLA) to the Dust-bin of Automotive Wannabees?

Tesla (NASDAQ:TSLA) to the Dust-bin of Automotive Wannabees? $TSLA From the outset Elon Musk’s strategy for Tesla has been bootstrapping: Use the money from the Lotus based roadster to develop and build the M-S; use cash from the M-S to develop and build the M-X; use cash from the M-X to develop and build the […]

Metalla Royalty & Streaming’s (OTCQX: MTAFF)Earning Report Q-1 FY 2019

Metalla Royalty & Streaming’s (OTCQX: MTAFF)Earning Report Q-1 FY 2019

Metalla Royalty & Streaming’s (OTCQX: MTAFF)Earning Report Q-1 FY 2019 $MTAFF Metalla Royalty & Streaming Ltd.(TSXV:MTA) (OTCQX:MTAFF) (FRANKFURT:X9CP) announces its financial results for the 1st Quarter of Fiscal Year 2019. For complete details of the condensed interim consolidated financial statements and accompanying management’s discussion and analysis for the 3 months ended 31 August 2018, go […]

Metalla Royalty & Streaming Ltd (OTCQX:MTAFF) Closing on Gold Royalty Acquisition

Metalla Royalty & Streaming Ltd (OTCQX:MTAFF) Closing on Gold Royalty Acquisition $MTAFF, $GLGDF, $RGLD, $FNV,$WPM HeffX-LTN views Metalla, a new entry, in this coming commodities cycle as a good risk-off bet. Metalla Royalty & Streaming Ltd’s (OTCQX:MTAFF) CEO Brett Heath announced Monday, that the company is proceeding to close its acquisition of the 2% net smelter […]

Tesla (NASDAQ:TSLA) Key Quarterly Financial Report Coming

Tesla (NASDAQ:TSLA) Key Quarterly Financial Report Coming

Tesla (NASDAQ:TSLA) Key Quarterly Earnings Report Coming $TSLA Selling Vapor Ware and taking deposits on cars that cannot be produced and delivered do not produce earnings. Tesla’s (NASDAQ:TSLA) Mission: “Accelerate the world’s transition to sustainable energy.” It says soon on its website. My Big Q is: Why? The Big A: 1st Tesla has to prove it […]

If You Win the $1.6-M in the Mega Millions Lottery, You Still Need a Financial Plan

If You Win the $1.6-M in the Mega Millions Lottery, You Still Need a Financial Plan

If You Win the $1.6-M in the Mega Millions Lottery, You Still Need a Financial Plan Playing the lottery has become the new version of the American Dream for many people. There have been no Mega Millions jackpot winners since 24 July, so the jackpot will be at least $1.6-B for Tuesday’s drawing. That payout will be […]

Tesla (NASDAQ:TSLA) Needs $1-B+ in Cash in the Next 6 Months

Tesla (NASDAQ:TSLA) Needs $1-B+ in Cash in the Next 6 Months

Tesla (NASDAQ:TSLA) Needs $1-B+ in Cash in the Next 6 Months $TSLA Wall Street is asking: “where it it going to come from?” By the end of Y 2018 Tesla needs to come up with about $1-B to give to creditors, it does not have it. So, forget the libel lawsuits and the Twitter wars, the […]

Tesla (NASDAQ:TSLA) Need Lots More Cash, What is Going to Happen?

Tesla (NASDAQ:TSLA) Need Lots More Cash, What is Going to Happen?

Tesla (NASDAQ:TSLA) Need Lots More Cash, What is Going to Happen? $TSLA, $MS Wall Street experts say, “Tesla will need to raise more cash”, it has some notions about how and when that may happen. Morgan Stanley (NYSE:MS) said that in addition to a capital raise in Y 2018, Elon Musk may also need an outside […]

People a Asking: What Does the Future Hold for Elon Musk and Tesla?

People a Asking: What Does the Future Hold for Elon Musk and Tesla?

People a Asking: What Does the Future Hold for Elon Musk and Tesla? $TSLA On Tuesday, news broke that the Department of Justice had started a probe into Elon Musk’s 7 August ‘420’ Tweet: “Am considering taking Tesla private at $420. Funding secured.” The news of the DOJ inquiry sent Tesla stock tumbling yet again, […]

 Stock Buybacks Up 50% to $384-B

 Stock Buybacks Up 50% to $384-B

 Stock Buybacks Up 50% to $384-B $AAPL, $GS, $SPY The biggest use of cash among S&P 500 companies is making their public footprints smaller, a strategy that is paid dividends in 2018. According to Goldman Sachs (NYSE:GS), aggregate share repurchases aka buybacks, rose by nearly 50% to $384-B in 1-H of Y 2018. That tops […]

METALLA ADDS ROYALTY ON AGNICO EAGLE’S SANTA GERTRUDIS GOLD PROPERTY

METALLA ADDS ROYALTY ON AGNICO EAGLE’S SANTA GERTRUDIS GOLD PROPERTY $MTAFF, $AEM, $GLGDF Metalla Royalty & Streaming Ltd. (TSXV: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) announced last Wednesday that it has entered into a purchase and sale agreement to acquire a 2% net smelter return royalty on the Santa Gertrudis gold property located north of Hermosillo in Sonora, […]

Mercedes Unveils EV SUV, Goldman Sachs says ‘sell’ Tesla

Mercedes Unveils EV SUV, Goldman Sachs says ‘sell’ Tesla

Mercedes Unveils EV SUV, Goldman Sachs says ‘sell’ Tesla $TSLA, $DDAIF, $GS Heavy pressure is bearing down on Elon Musk and Tesla (NASDAQ:TSLA). CEO Musk is shouldering a production Hell, cash crunch, the ‘420’ Twitter-induced drama, and now competition from 1 of the most powerful manufactures in the automotive sector is bring to market its […]

Comey and Mueller Leveraged Their Government Ties For Profit

Comey and Mueller Leveraged Their Government Ties For Profit

James Comey and Robert Mueller Leveraged Their Government Ties For Profit $LMT US President Donald Trump slammed fired FBI director James Comey in a Monday Tweet, returning to his claim that the probe by special counsel Robert Mueller into Russian interference in the 2016 Election is a “witch hunt.” “Mueller is Comey’s best friend,” President […]

Crypto Bear Market Hammers Bitcoin Cash

Crypto Bear Market Hammers Bitcoin Cash

Crypto Bear Market Hammers Bitcoin Cash $BCHUSD This year’s Bear market in cryptocurrencies has really punished investors who bought Bitcoin (BTC) at the height of cryptomania last year. But, losses have been even more painful for those who invested in promising rival BCH. Bitcoin Cash (BCH), an offshoot of Bitcoin that launched on 1 August […]

Constellation Brands Inc. (NYSE:STZ) Gives Canadian Cannabis Company Legitimacy and Cash

Constellation Brands Inc. (NYSE:STZ) Gives Canadian Cannabis Company Legitimacy and Cash

Constellation Brands Inc. (NYSE:STZ) Gives Canadian Cannabis Company Legitimacy and Cash $STZ, $CGC, $ACBFF Canopy Growth Corp.’s  (CGC) CEO, Bruce Linton expects 1 “Google-like company” to dominate the legal cannabis industry. Canopy’s transformative deal with Constellation Brands Inc. (NYSE:STZ) has given it legitimacy, clout and a cash hoard that has widened the gap with its competitors. […]

This Bull Market Was Born in the Depths of Financial Crisis

This Bull Market Was Born in the Depths of Financial Crisis

This Bull Market Was Born in the Depths of Financial Crisis $SPY This Wall Street Bull market was born at the depths of a financial crisis, and it has just became the longest ever recorded. Low valuations, little competition and EP/S growth that looked spectacular, but inline with historical trends, these were the forces that […]

 US Investors are Ignoring Political Drama, the ‘Economy’s Everything

 US Investors are Ignoring Political Drama, the ‘Economy’s Everything

 US Investors are Ignoring Political Drama, the ‘Economy’s Everything $SPY National Economic Council Director Larry Kudlow said stock-market investors are apparently ignoring any White House political turbulence because the robust economy is proof President Donald Trump’s strategy is working. The Bull market on Wall Street set history this week when it eclipsed the S&P 500’s […]

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid $TSLA, $SFTBY, $ORCL Tesla’s (NASDAQ:TSLA) CEO Elon Musk, 47 anni, once said PIF could help him fund the ‘420’ $72-B deal to take his fledgling EV maker private. PIF, the Saudi Arabian sovereign wealth fund is in late stage talks to invest in Tesla rival […]

Where is the ‘420’ Money Coming from Elon?

Where is the ‘420’ Money Coming from Elon?

Where is the ‘420’ Money Coming from Elon? $TSLA Tesla’s (NASDAQ:TSLA) CEO Elon Musk still has not said where the Money to take Tesla private at ‘420’ would come from. Tuesday, Elon Musk did not just say he was considering taking Tesla private Tuesday. He said the funding to do so was “secured.” No one knows […]

Tesla’s (NASDAQ:TSLA) CEO Elon Musk is in Deep Legal Peril Over ‘420’ Buyout Tweet

Tesla’s (NASDAQ:TSLA) CEO Elon Musk is in Deep Legal Peril Over ‘420’ Buyout Tweet

Tesla’s (NASDAQ:TSLA) CEO Elon Musk is in Deep Legal Peril Over ‘420’ Buyout Tweet $TSLA. Tesla’s (NASDAQ:TSLA) CEO Elon Musk could be hit with civil and criminal penalties if he did not shore up the $72-B in financing before Tweeting about possibly going private with his auto company Former Securities and Exchange Commission Chairman Harvey Pitt told the business […]

Tesla (NASDAQ:TSLA) Trading Halted on Musk ‘420’ Comments

Tesla (NASDAQ:TSLA) Trading Halted on Musk ‘420’ Comments

Tesla (NASDAQ:TSLA) Trading Halted on Musk ‘420’ Comments $TSLA Tesla, Inc’s (NASDAQ:TSLA) CEO Elon Musk made a surprising proposal to take the fledgling EV maker private has prompted regulators to suspend trading in the company’s stock. The unusual step taken Tuesday afternoon came shortly after Mr. Musk dropped a bombshell on Twitter by announcing he […]

Musk Burns $739.5-M of Tesla’s (NSADAQ:TSLA) Cash to Record Q-2 Loss

Musk Burns $739.5-M of Tesla’s (NSADAQ:TSLA) Cash to Record Q-2 Loss

Musk Burns $739.5-M of Tesla’s (NSADAQ:TSLA) Cash to Record Q-2 Loss $TSLA Fledgling EV maker, Tesla, Inc, (NASDAQ:TSLA) burned $739.5-M in cash last Quarter, a company record $717.5-M net loss as it rolled out a few more electric cars. But CEO Elon Musk reiterated a promise to post net profits in Q’s 3 and 4 on […]

Elon Musk Tesla’s (NASDAQ:TSLA) ‘Rock Star’ Manager “Loosing Groopies”

Elon Musk Tesla’s (NASDAQ:TSLA) ‘Rock Star’ Manager “Loosing Groopies”

Elon Musk Tesla’s (NASDAQ:TSLA) ‘Rock Star’ Manager “Loosing Groopies” $TSLA The ‘Rentier’ EV firm has hit trouble, and Elon Musk must explain to investors what is going on there We all recall the last time Mr. Musk addressed the analysts who follow Tesla, his electric car company, he was very angry and rude. “Boring, boneheaded questions […]

  METALLA ROYALTY & STREAMING LTD.

METALLA ROYALTY & STREAMING LTD. (TSXV:MTA; OTCQX:MTAFF; Frankfurt:X9CP) $MTAFF, $SLV, $GLD Market Cap C$ 58-M, C$ 0.76/share METALLA’s PRODUCTION RESULTS AND GUIDANCE FOR FY 2018 & 2019 $MTAFF, $SLV, $GLD Metalla Royalty & Streaming Ltd. announced preliminary production results for the 12 months ended 31 May 2018 of 519,791 oz of attributable Silver, where 429,315 oz. were sold and provisionally invoiced and […]

METALLA (OTCMKT:MTAFF) Declares a Cash Dividend

METALLA (OTCMKT:MTAFF) Declares a Cash Dividend $MTAFF, $MTA, $GLD, $SLV Metalla Royalty & Streaming Ltd. (TSXV:MTA) (OTCQX:MTAFF) (FRANKFURT:X9CP) announced that its Board of Directors approved and declared a monthly cash dividend payment of CAD $0.0015 per share for July, August, and September 2018 on its common shares for Q-3 + subject to any tax withholding obligations […]

Tesla’s (NASDAQ:TSLA) Elon Musk, ‘an interesting man’

Tesla’s (NASDAQ:TSLA) Elon Musk, ‘an interesting man’

Tesla’s (NASDAQ:TSLA) Elon Musk, “an interesting man” $TSLA, $RACE, $GM, $F, $VLKAY Saturday, a Seattle fund manager noted that Elon Musk is “possibly the most interesting man in the world,” in a post on his firm’s website He did not refer to Wednesday’s conference call Mr. Musk held on the controversial financial travails of the […]

The Trump Effect on US Economy is Powerful

The Trump Effect on US Economy is Powerful

The Trump Effect on US Economy is Powerful $DIA, $SPY, $QQQ, $VXX Since Trump’s recent tax-reform bill repealed the Obama penalties of the “Individual Mandate,” there is disposable income for working families to use toward investing, not just spending. The Trump Tax Plan will also create more cash to invest for W-2 workers each payday. Plus, the […]

Investors Rotating Leadership from QE ‘Winners’ to QE ‘Losers’

Investors Rotating Leadership from QE ‘Winners’ to QE ‘Losers’

Investors Rotating Leadership form QE ‘Winners’ to QE ‘Losers’ $DIA, $SPY, $QQQ, $VXX Analysts are expecting investors will shift their holdings as the realization sinks in that the Fed is committed to raising interest rates until a major event compels the central bank to reverse course. That means investments that had strong gains during a […]

Apple (NASDAQ:AAPL) Bring its Overseas ‘Cash Pile’ Home

Apple (NASDAQ:AAPL) Bring its Overseas ‘Cash Pile’ Home

Apple (NASDAQ:AAPL) Bring its Overseas ‘Cash Pile’ Home $AAPL Apple Inc. (NASDAQ:AAPL) says it will “contribute” $350-B to the US economy over the next 5 years. The outlook for Apple is Bullish across the board. Currently, Apple shares are trading at: 178.68,+2.49, or +1.42%, as of 3:25p EST the market is open. Also the company said it will […]

Tesla (NASDAQ:TSLA) Misses Again as Cash Runs Out

Tesla (NASDAQ:TSLA) Misses Again as Cash Runs Out

Tesla (NASDAQ:TSLA) Misses Again as Cash Runs Out $TSLA Tesla fails to deliver again. Tesla management says they are a Quarter away from production goals, they are really light years away if ever. Last week, Tesla (NASDAQ:TSLA) pushed back a Key production target for its pivotal M-3 sedan again, raising Big Questions about whether the […]

METALLA REPORTS FINANCIAL RESULTS FOR Q-1 OF FY 2018

METALLA REPORTS FINANCIAL RESULTS FOR Q-1 OF FY 2018 $MTAFF Metalla Royalty & Streaming Ltd. (CSE: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) announced its financial results for Q-1 of FY 2018. For complete details of the financial statements and accompanying management’s discussion and analysis for the three months ended August 31, 2017, please see the Company’s filings on […]

METALLA: RECORD QUARTERLY PRODUCTION, MONTHLY DIVIDEND, AND RAISED GUIDANCE

METALLA: RECORD QUARTERLY PRODUCTION, MONTHLY DIVIDEND, AND RAISED GUIDANCE $MTAFF Metalla Royalty & Streaming Ltd (CSE:MTA) (OTCQX:MTAFF) (FRANKFURT:X9CP) announces preliminary production results for the 3 months ended November 30, 2017  of 158,865 oz of Silver shipped and provisionally invoiced. In addition, Metalla held 25,906 oz of Silver of attributable inventory at the end of the Quarter, […]

Rising Stocks, Home Values Driving American Household Wealth

Rising Stocks, Home Values Driving American Household Wealth

Rising Stocks, Home Values Driving American Household Wealth $DIA, $SPY, $QQQ, $VXX Rising stock prices and steady increases in home values powered American household wealth to $96.9-T, the Fed said Thursday. US wealth has made a remarkable comeback since the Great Recession, when it dove more than $10-T to $56.2-T.   The Fed’s latest figures […]

Recreational Marijuana Legal in California Soon, Banks Will Not Touch Cash

Recreational Marijuana Legal in California Soon, Banks Will Not Touch Cash

Recreational Marijuana Legal in California Soon, Banks Will Not Touch Cash Marijuana will likely be a thriving business in California next year, with expected revenue of $5.2-B, but there few banks will take its cash. The recreational use of Marijuana becomes legal on New Year’s Day, and the California itself will collect a much needed […]

The Once Mighty Time, Inc. Gobbled Up By GOP Backed Cash

The Once Mighty Time, Inc. Gobbled Up By GOP Backed Cash

The Once Mighty Time, Inc. Gobbled Up By GOP Backed Cash $MDP, $TIME, $TWX Des Moines, Iowa based Meredith Corp. (NYSE:MDP) agreed to acquire Time Inc. (NYSE:TIME) for $2.8-B including debt, swallowing the once-mighty home of Fortune and Sports Illustrated after the internet age wreaked havoc on the most prestigious magazine titles. The 18.50/share offer […]

Musk’s ‘Production Hell” Burns Tesla’s (NASDAQ:TSLA) Cash a Record Pace

Musk’s ‘Production Hell” Burns Tesla’s (NASDAQ:TSLA) Cash a Record Pace

Musk’s ‘Production Hell” Burns Tesla’s (NASDAQ:TSLA) Cash a Record Pace $TSLA, $F, $RACE Elon Musk declared last week that he is designing a new sports car that could go from Zero to 60 mph in 1.9 secs signaling that he now want to compete with the world’s #1 automotive brand, Ferrari (NYSE:RACE) The hypemiester CEO […]

Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000

Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000

Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000 $BTCUSD Bitcoin’s Bull Run shows no signs of abating, with the world’s largest cryptocurrency defying fears marking another milestone. Bitcoin is trading at $8,224.9951, + 202.06 or 2.52% It has been a strong year for the largest cryptocurrency, with 3 corrections of more than 25%, all giving […]

Bitcoin’s Cryptocurrency Rivals Multiply

Bitcoin’s Cryptocurrency Rivals Multiply

Bitcoin’s Cryptocurrency Rivals Multiply $BTCUSD Almost weekly we are seeing new iterations of Bitcoin, the biggest cryptocurrency, as disagreements over of its design persist and opportunities for making fast money prove hard to pass up. The biggest offshoot, called Bitcoin Cash, emerged in August after a hard fork in the Bitcoin blockchain. That spinoff valued […]

Bitcoin: Buyers Return to Market After Deep Dive Monday

Bitcoin: Buyers Return to Market After Deep Dive Monday

Bitcoin: Buyers Return to Market After Deep Dive Monday $BTCUSD Investing and trading in Bitcoin is not for novices or the feint of heart. Bitcoin halted a 2-day correction as speculators saw a 29% dive from its record high as an excessive response to a technology upgrade being cancelled.  The cryptocurrency is currently trading $6,758.9351, […]

Bitcoin, The Black Swan for Cash

Bitcoin, The Black Swan for Cash

Bitcoin, The Black Swan for Cash $BTCUSD Former Fed Chairman Alan Greenspan does not seem to impressed by Bitcoin, the controversial digital currency some see as a fad and a sham. He compared Bitcoin to the currency issued by the Continental Congress after the American Revolution began. “Bitcoin is what used to be called fiat […]

Ferrari (NYSE:RACE) Profit Jumps 17% in Q-3

Ferrari (NYSE:RACE) Profit Jumps 17% in Q-3

Ferrari (NYSE:RACE) Profit Jumps 17% in Q-3 $RACE Ferrari (NYSE:RACE) saw a 3.4% increase in vehicle shipments from the same frame in Y 2017 driven by a 27% increase in sales of V-12-powered Supercars. The 4-seat GTC4Lusso drove much of the jump in 12-cylinder sales, helped by deliveries of the limited-run LaFerrari Aperta Supercar. The […]

Tesla’s (NASDAQ:TSLA) M-3 Delayed, Cash Burns, Biggest Q Loss Ever

Tesla’s (NASDAQ:TSLA) M-3 Delayed, Cash Burns, Biggest Q Loss Ever

Tesla’s (NASDAQ:TSLA) M-3 Delayed, Cash Burns, Biggest Q Loss Ever $TSLA Tesla, a Waterfall of Misses TSLA shares down nearly 6% and falling pre-market in NY, as the Quarterly loss was bigger than any analyst expected. Tesla (NASDAQ:TSLA) posted a net loss of $619.4-M, or 3.70/share, for Q-3 ended 30 September compared with a profit […]

Tesla’s (NASDAQ:TSLA) Waterfall of Misses…

Tesla’s (NASDAQ:TSLA) Waterfall of Misses…

Tesla’s (NASDAQ:TSLA) Waterfall of Misses… $TSLA Production layoffs in Q-3, reports of hand assembly and Model 3 scaling concerns justified UBS’s Bearishness on Tesla Inc (NASDAQ:TSLA). Considering Tesla’s continuing announced production misses, compounded by a decrease in Zero-emission vehicle credits and lower Model S and X margins, UBS expects a Q-3 gross margins hit to cut sequential EPS […]

METALLA’s (OTCQX:MTAFF) Results for F-Q-1 of Y2018

METALLA’s (OTCQX:MTAFF) Results for F-Q-1 of Y2018 $MTAFF, $GLD, $SLV Metalla Royalty & Streaming Ltd.(CSE: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) announced its financial results for F-Q-1 Y 2018. For complete details of the financial statements and accompanying management’s discussion and analysis for the 3 months ended 31 August 2017, please see the Company’s filings on […]

Banks, Cash Will Be Replaced by Computers & SmartPhones

Banks, Cash Will Be Replaced by Computers & SmartPhones

Banks, Cash Will Be Replaced by Computers & SmartPhones $DIA, $SPY, $QQQ, $VXX Jim Rogers predicts that banks must invest in the financial technology, or “fintech,” or become outdated and replaced. “My children will never walk into a bank when they become adults as by then all the banks along the streets will be replaced […]

Tesla (NASDAQ:TSLA) Will Not Survive it $10.6-B ‘Cash Burn’

Tesla (NASDAQ:TSLA) Will Not Survive it $10.6-B ‘Cash Burn’

Tesla (NASDAQ:TSLA) Will Not Survive it $10.6-B ‘Cash Burn’ $TSLA A well-respected Wall Street analyst predicts that Tesla Inc. (NASDAQ:TSLA) shares will dive deep as it nears an unprecedented $10.6-B cash burn. In a note Wednesday, he told investors to avoid buying the stock due to Model 3 production risk, something both Shayne and I […]

Investors are saying, “Stocks Are Too Expensive”

Investors are saying, “Stocks Are Too Expensive”

Investors are saying, “Stocks Are Too Expensive” $DIA, $SPY, $QQQ, $VXX Caution Signals Blinking Many professional investors (46%) saying stock markets are overvalued, Bank of America Merrill Lynch’s monthly fund manager poll showed Tuesday. The survey, which polled 202 asset managers with $587-B under management, was carried out between 4-10 August, and showed cash levels […]

Tesla’s (NASDAQ:TSLA) Losses Mount as Claims Broaden

Tesla’s (NASDAQ:TSLA) Losses Mount as Claims Broaden

Tesla’s (NASDAQ:TSLA) Losses Mount as Claims Broaden $TSLA Wednesday, Tesla’s (NASDAQ:TSLA) CEO Elon Musk, pulled back on estimates of Model 3 reservations, even as the company reported stronger than expected losing results. The fledgling EV maker continues to lose money, although it cited growing excitement and profit margins for its vehicles. Tesla reported a real […]

METALLA CLOSES ACQUISITION OF ROYALTY & STREAMING PORTFOLIO 

METALLA CLOSES ACQUISITION OF ROYALTY & STREAMING PORTFOLIO $EXCFF, $CDE, $GLD, $SLV Metalla Royalty & Streaming Ltd. (CSE:MTA) (OTCQB:EXCFF) (FRANKFURT:X9CP) say that it has closed the transaction announced on 12 June 2017 in accordance with the Share and Asset Purchase Agreement entered into with Coeur Mining, Inc. (NYSE:CDE) and certain subsidiaries of Coeur Mining dated […]

Marijuana Entrepreneurs See Bitcoin as Banking Answer

Marijuana Entrepreneurs See Bitcoin as Banking Answer

Marijuana Entrepreneurs See Bitcoin as Banking Answer Legal marijuana companies are turning to Bitcoin, the world’s most popular digital currency, in an effort to get rid of all its cash, as banks stay on the sidelines. The inability to access traditional financial institutions is 1 of the marijuana industry’s biggest impediments. Legal cannabis was a […]

The Future of e-Commerce in the UAE

The Future of e-Commerce in the UAE

The Future of e-Commerce in the UAE  Ulugbek Yuldashev outlines the changes on the horizon for the UAE’s online shopping market It’s no secret that e-Commerce is gaining immense popularity by the minute in the UAE and throughout the GCC, with the retail sector witnessing a steady shift from brick and mortar to online shopping. […]

Do Not Let Outlandish ER Charges Break Your Bank

Do Not Let Outlandish ER Charges Break Your Bank

Do Not Let Outlandish ER Charges Break Your Bank I just read a new analysis of US medical bills has found hospitals typically charge uninsured ER (emergency room)  patients 4X as much as the take from Medicare for the same service. The study published in JAMA Internal Medicine found that ER patients routinely pay more […]

Tesla (NASDAQ:TSLA) Burns Cash, Stock Drops, Rich Rivals Watch

Tesla (NASDAQ:TSLA) Burns Cash, Stock Drops, Rich Rivals Watch

Tesla (NASDAQ:TSLA) Burns Cash, Stock Drops, Rich Rivals Watch $TSLA, $AAPL, $GOOGL, $AMZN Tesla Inc (NASDAQ:TSLA) lost a buy rating from its longtime Bull Morgan Stanley (NYSE:MS) as a firm analyst boosted projections for how much cash the fledgling, money losing EV carmaker will burn through as rich rivals bite on its business. Adam Jonas, […]

Apple’s Takeover Targets: Tesla (NASDAQ:TSLA) and Netflix (NASDAQ:NFLX)

Apple’s Takeover Targets: Tesla (NASDAQ:TSLA) and Netflix (NASDAQ:NFLX)

Apple’s Takeover Targets: Tesla (NASDAQ:TSLA) and Netflix (NASDAQ:NFLX) $AAPL, $NFLX, $DIS, $TSLA Friday, Citigroup listed 7 companies as potential takeover targets for Apple Inc.(NASDAQ:AAPL), including Netflix (NASDAQ:NFLX), Walt Disney (NYSE:DIA) and Tesla Inc.(NASDAQ:TSLA), as a way to put its cash hoard of more than $250-B cash pile to work. With over 90% of its cash […]

Wall Street Upgrading Ferrari (NYSE:RACE) Stock

Wall Street Upgrading Ferrari (NYSE:RACE) Stock

Wall Street Upgrading Ferrari (NYSE:RACE) Stock $RACE, $F, $GM Wall Street analysts upgrade stocks daily, they upgrade some, downgrade some, and initiate coverage on some. I cover them daily in this column. Thursday, I am taking about a favorite of mine and HeffX-LTN’s Ferrari NV (NYSE:RACE) that we have been following since pre-IPO in October 2105 […]

Investors Putting Record Amounts of Cash into ETFs

Investors Putting Record Amounts of Cash into ETFs

Investors Putting Record Amounts of Cash into ETFs $DIA, $SPY, $QQQ, $VXX Mom & Pop, aka retail investors are start buying shares, and with passive investing strategies becoming more popular than active fund management, ETFs (exchange-traded funds) are seeing record inflows of cash from people seeking to join in on the rally since Donald Trump won […]

Home on The Street. Retail Investors Come Off of the Sidelines

Home on The Street. Retail Investors Come Off of the Sidelines

Home on The Street, Retail Investors Come Off of the Sidelines $SPY Retail investors plowed more cash into the markets last week, delivering US-based taxable-bond and international stock funds their 14th week running of inflows, the data showed Wednesday. Stock mutual funds and ETF’s (exchange-traded funds) netted $9.1-B during the week ended 8 March 8, […]

President Donald Trump’s Tax Code Changes a Happy Day for Shareholders

President Donald Trump’s Tax Code Changes a Happy Day for Shareholders

President Donald Trump’s Tax Code Changes a Happy Day for Shareholders $DIA, $SPY, $QQQ, $VXX US President Donald Trump and Congressional Republicans have plans to change the tax code to give businesses greater incentive to invest in the US and to hire more Americans. That could mean a “Happy” payday for shareholders of technology giant […]

Medical Marijuana Update

Medical Marijuana Update

Medical Marijuana Update The Illinois Treasurer asks President Donald Trump for clarity on banking for the medical cannabis industry, North Dakota legislators work to ensure workers’ compensation will not pay for medical marijuana for injured employees, and more. Arkansas On Monday, Athe legislature approved changes to the state’s new medical marijuana law. With the state […]

Obama Admin Paid Iran $700-M a Month Since the Nuclear Was Inked or $10-B+

Obama Admin Paid Iran $700-M a Month Since the Nuclear Was Inked or $10-B+

Obama Admin Paid Iran $700-M a Month Since the Nuclear Was Inked or $10-B+ “Whoever, owing allegiance to the United States, levies war against them or adheres to their enemies, giving them aid and comfort within the United States or elsewhere, is guilty of treason and shall suffer death, or shall be imprisoned not less […]

Kirkland Lake Gold Rebuffs Gold Field’s (NYSE:GFI) $1-4-B Offer

Kirkland Lake Gold Rebuffs Gold Field’s (NYSE:GFI) $1-4-B Offer

Kirkland Lake Gold Rebuffs Gold Field’s (NYSE:GFI) $1-4-B Offer $GFI, $KGILF, $NMKTF, $SSRI This week, South Africa’s Gold Fields (NYSE: GFI) the world’s 7th-largest bullion producer withdrew an joint offer with Silver Standard Resources (NASDAQ:SSRI) to buy Kirkland Lake Gold (OTCMKT:KGILF) after the Canadian miner rejected the bid. Gold Fields (a Johannesburg-based company) said it […]

Confidence Has Returned To Investors in Wake of Trump’s Election

Confidence Has Returned To Investors in Wake of Trump’s Election

Confidence Has Returned To Investors in Wake of Trump’s Election $SPY, $DIA, $UBS Just 2  weeks before the US Presidential election, 50% of wealthy investors were fearful of turmoil in the stock markets. Many either pulled some of their money out or moved it into more conservative investments, according to a survey by UBS Wealth […]

Big Investors Back Off Bonds Fueling This Bull Market

Big Investors Back Off Bonds Fueling This Bull Market

Big Investors Back Off Bonds Fueling This Bull Market $SPY US voters’ decision to elect Donald Trump US President may extend the life of this 7-year Bull Market in US stocks. That is the consensus of prominent investors attending this week’s Reuters Global Investment Outlook Summit. Expectations that Donald Trump will successfully engineer massive new […]

Gold Wins No Matter Who Is Elected US President

Gold Wins No Matter Who Is Elected US President

Gold Wins No Matter Who Is Elected US President $GLD, $NUGT With the Y 2016 Presidential election on 8 November, many Americans are concerned about the fate of the nation. The Big Q’s” What will happen to the economy under the new administration, to Crude Oil prices, property values, the stock market, +++? There is […]

Fed May Follow BOJ and Buy Stock in Move Toward Socialism

Fed May Follow BOJ and Buy Stock in Move Toward Socialism

Fed May Follow BOJ and Buy Stock in Move Toward Socialism $GLD, $SLV People are worried there is a real possibility of the US Fed will follow in the Bank of Japan’s lead and begin buying stocks. “My biggest concern is government ownership of stocks. Stocks are companies, is that not government ownership of companies? […]

Actively Managed US Mutual Funds Fail to Preform, “it is Embarrassing”

Actively Managed US Mutual Funds Fail to Preform, “it is Embarrassing”

Actively Managed US Mutual Funds Fail to Preform, “it is Embarrassing” $SPY, $IWM A respected semi-Annual survey has revealed that 90% of actively managed equity funds failed to beat their benchmark indexes. The data is sure to put more focus on an argument which has divided Wall Street into “active” and “passive” investment-strategy advocates. The […]

Jeffrey Gundlach, “This is a Big, Big Moment”

Jeffrey Gundlach, “This is a Big, Big Moment”

Jeffrey Gundlach, “This is a Big, Big Moment” Last Thursday DoubleLine Capital’s CIO Jeffrey Gundlach, 56 anni, said it is time for fixed-income investors to prepare for rising interest rates and higher inflation by reducing their positions, moving money into cash and protecting against volatility. “This is a Big, Big Moment,” Mr. Gundlach said during […]

Global Economies have Stalled, Now where do Investors go with their Money?

Global Economies have Stalled, Now where do Investors go with their Money?

Global Economies have Stalled, Now where do Investors go with their Money? Global growth is weak, and will be eroded further by Brexit, Crude Oil prices are low, and falling, the he world has excess capacity and a wage-depressing labor surplus, corporate profits are shaky, and deflation is laying bare the impotence of central banks. […]