$DIA, $SPY, $QQQ, $RUTX, $VXX Some on Wall Street see a sharp reversal hitting this year’s stock market rally now that fast-money quants have ramped up their speculative bets. But the real money has the potential to come in and lead even if these systematic players slow down. Tepid inflows into mutual funds and exchange-traded […]
The NY-T’s reports that the average person in their mid to late 60’s today is taking 15 Rx drugs a year, and that does not count the number of over-the-counter products they may be taking. That is a lot of medications, especially when you consider that a survey released by the American Association of Retired Persons […]
Individual Investors in US View Bitcoin as Risky $BTCUSD A recent poll reveals that Bitcoin and cryptocurrency are viewed with suspicion by most US individual investors, with only 2% of them holding Bitcoin and another 75% of them describing bitcoin as “very risky.” Conducted by Gallup and Wells Fargo, the poll surveyed nearly 2,000 American investors with […]
The World of Investing is Risky Today $DIA, $SPY, $QQQ, $VXX The biggest risk is an economy that is and has been barely expanding for the past 7+ years, and threatening to fall into a recession. The US Census Bureau recently reported that the US economy grew at a 1.2% annualized pace in Q-2 of […]
US Demand for Autos Fall in July $GM, $F, $HMC, $TM, $VLKAY US auto sales drop in July as hot weather and softening demand kept buyers at home. Major automakers have reported July sales that fell short of expectations, which has reinforced worries that the market may have peaked with last year’s record numbers. Kelley Blue […]
Elon Musk Buys His Company’s Stocks & Bonds on Credit, Pledges His Shares $TSLA, $SCTY, $GS, $MS Elon Musk is Risky Business SolarCity Corp. (NASDAQ:SATY) has tried in vain since October 2014 to lure individual (retail) investors to the solar-power business by pitching $214-M of what he dubs “solar bonds” through the company’s website. The […]
