Every great story has a beginning, a middle, and an end. The funny thing about investing is that everybody remembers the beginning and the end. Almost nobody remembers the middle. Ask someone about the great gold bull market of the…
When SpaceX (SPCX) went public, almost every conversation I heard was about rockets. That makes sense. Rockets are what we see. And they’re spectacular. They launch into space. They land themselves. They carry astronauts, satellites and who knows what else.…
The S&P 500 Healthcare Index (XLV) just closed at the highest level in its history. That got my attention. Healthcare hasn’t exactly been everybody’s favorite place to invest. For years it’s been one of the market’s biggest laggards while investors…
I’ve been trading Bitcoin and cryptocurrencies since 2013. For most of that time, I’ve heard the same criticisms over and over again. “Crypto never built anything.” “There’s no real use case.” “It’s just speculation.” If you’ve followed my work for…
Every bull market has doubters. A new study by Allianz found that 62% of Americans think a major recession is right around the corner. Only one in four believe now is a good time to invest. You can see that…
Google’s parent company, Alphabet (GOOG), officially joins the Dow Jones Industrial Average today. Most people don’t care. In fact, if you ask younger investors which stock market index matters most, they’ll probably tell you the S&P 500. That’s what institutions…
On Friday, we talked about history being made in the market. Do you realize you’re also seeing the future unfold right now? If you do, you’re well ahead of almost everybody. How many people knew in the mid-1990s that the…
You’re watching history being made in the market. Crypto treasury companies have reported more than $20 billion in unrealized losses in just a few months. Strategy (MSTR) alone has reported about $14 billion in unrealized losses. BitMine (BMNR) isn’t far…
A couple of years ago, everybody figured the stock market had been reduced to just seven companies. All that mattered was the “Magnificent 7”: Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), Meta (META), and Tesla (TSLA). They…
They’re calling it “Black Tuesday” in South Korea. The KOSPI 200, South Korea’s equivalent of the S&P 500, suffered its worst day ever, falling nearly 10% in a single session. Most American investors saw the headline and immediately moved on.…
Alan Greenspan passed away this week at the age of 100. You never forget your first Fed chair. For me, that was Alan Greenspan. The reason Greenspan still matters isn’t because of who he was. It’s because the investing lesson…
I’m down here in Avalon, New Jersey, for the month of June, one of my favorite places in the world. Every year we pack up the family, move into a beach house, and spend the month by the ocean. The…
