Some congressional democrats may find the idea of a punishing tax on securities transactions appealing, but this once again demonstrates their financial ignorance. There are several members of Congress on the Democratic side that are all for looking to punish the wealthy through various new tax proposals such as higher taxes on very high income […]

Should we worry very much about the eight consecutive losing sessions that the Dow Jones Transportation Average has suffered? It’s not how many that matters, it’s how much. Charles Dow is considered by many to be the father of modern technical analysis, in spite our now knowing that Japanese rice trader Munehisa Homma started using […]

In today’s relatively uncertain economic environment, people are lining up on each side of the debate on where we’re headed next. There’s good evidence though that it is upward. The slowdown of the economy that we are facing has caused a lot of disagreement among market observers as to what 2019 may end up looking […]

Donald Trump and Kim Jong-un are meeting once again to discuss de-escalating the conflict between their two countries. Many do not expect much progress but a little is enough. Given the longstanding war between the United States and its allies, which is fast approaching its 70th year, and the almost complete lack of progress on […]

Even iconic investors make mistakes. Warren Buffett sure made one when he bought a quarter of Kraft Heinz. The damage is up to $14 billion and this may be far from over. Warren Buffett is without a doubt one of the most legendary investors of all time. Few investors can claim to be such a […]

It turns out that the Fed being patient with interest rates at this point in time doesn’t mean that all members feel this way. This really shouldn’t matter to us much though. The minutes of the January meeting of the Federal Open Market Committee was released on Wednesday, and it has provided us with a […]

$22 Trillion of debt is a huge amount, almost beyond comprehension, but when you add in $70 trillion more, the number gets a lot bigger. It’s also about to grow much bigger. There is already lots of concern about the exploding U.S. national debt, but as it turns out, this is more like the part […]

Cisco has been telling us for a while that they aren’t worried about the current business challenges they face. Their current business results back up this resilient outlook. Given the macroeconomic and geopolitical challenges that are supposed to be facing technology companies these days, particularly the shrinking demand that has shown itself in the technology […]

Cannabis stocks have had a pretty rough ride over the past few months, at a time where expectations were much higher. Two key earnings announcements are set to tell us more. Legal cannabis and legal cannabis producers are seen by a lot of investors as a pretty hot sector, at least in terms of potential. […]

In his second State of the Union address, President Donald Trump toned down his normally harsh stances and is now looking like he can get along with people better. In terms of speaking his mind and not pulling any punches, U.S. President Donald Trump is no doubt in a class all by himself. Some may […]