Today, Porter is writing about the legacy he’s trying to build… something outside of finance and investing. Instead, it’s something that symbolizes the things that are so important about being a man: consistency, strength, resilience, tradition, excellence.
When interest rates go up, bond prices go down. Most segments obey that rule, by falling in price, as the benchmark 10-year Treasury yield rose. But not distressed bonds.
This quick-serve restaurant has figured out how to beat rising food prices, using a savvy mix of business strategies that have kept its revenue and earnings growing at over 20% per year. It has delivered some of the best returns in the stock market for a decade.
Three companies in our Parallel Processing Revolution basket have hit their stop losses – Taiwan Semiconductor Manufacturing (NYSE: TSM), Nvidia (Nasdaq: NVDA), and Vertiv Holdings (NYSE: VRT). We recommended these stocks in The Big Secret on Wall Street on September 18 with a 10% trailing stop loss and a maximum risk rating level of 5,
Warren Buffett is famous for saying that it is wise for investors to be fearful when others are greedy and to be greedy only when others are fearful. Porter shares an example of one trader whose actions make it easy to recognize where we are now in regards to those extremes.
Bitcoin has soared to close to $100,000. However, buying an asset that’s run up 47% over the past month is generally a bad idea. Right now, Bitcoin is at the shoeshine-boy-is-buying point of the mania… But, as Kim Iskyan writes today, short-term noise aside, the future is clear: And it’s Bitcoin.
In this second short recommendation in as many weeks, we show how Bank of America is going to go spectacularly bust, and when it does, it’s going to take down a lot of other banks with it.
In today’s Journal, Porter recommends taking steps now to hedge your portfolio and to raise cash. The first step, he says, is to identify which companies that you hold haven’t been performing well over the last five years.
Dear Readers, Shares of semiconductor chip designer ARM Holdings (Nasdaq: ARM) have dropped below the level of our 10% trailing stop loss. We recommended ARM shares on September 18 at $138, and are following our stop loss recommendation to sell at $134. We will use today’s closing price as the official exit price in our
Similar to Steve Jobs, Porter believes, Donald Trump has a “reality distortion field.” Trump’s reality distortion field, however, is blinding his supporters into thinking that he can return broad prosperity to the middle class without major dislocations in the markets.