Katy Perry & Warren Buffett Talk Bitcoin Bubble…?

Dec 1, 2017
J. Webster
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Is this the top for Bitcoin...? Katy Perry meets with Warren Buffett and asks him about cryptocurrencies...reminds me a bit though of when everyone thought the stock market was near the top or at least in need of a big correction when Mila Kunis was talking about buying stocks. It turned out that Kunis wasn't wrong about buying stock at that time as they've only gone higher since then. Bitcoin has been on a crazy run, but who really knows when it's going to go down or correct. If you've owned if for a while you'd have to say you've

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Are Tax Cuts Baked In The Stock Market Already….?

Oct 21, 2017
J. Webster
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The stock market doesn't go down anymore. It only goes up and up and up. Trump trumpets this nearly every day. So when the taxes cut come, or if they don't come, what does the stock market do? If the tax cuts come, they're able to get passed, does the stock market drop, since it's already baked in the gains so far this year? Sell the news. If the taxes cuts don't come, does the stock market crash? You'd think it would. Just because of the run up this year so far. And that's what Steve Mnuchin is saying. What's

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TAL Education Group Is Up 2,288% In Five Years

Sep 17, 2017
J. Webster
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The best performing stock in the last five years is one you've probably never heard of, TAL Education Group. Its stock is up 2,288%, which is just amazing. The five year low for the stock is $1.30 a share and the five year high is $34.19 a share. And just what does TAL Education Group do? It must be some kind of new app or Internet company of some kind, in the education space, right? No, it's a Chinese tutoring company. For TAL's stock to run up that much they must have tutored a lot of kids! It does look

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Apple’s iPhone 8: Take All My Money

Sep 11, 2017
J. Webster
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I think this tweet below sums up all the talk about Apple's new iPhone being too expensive. If there's an item we never leave home without and sometimes pretty much sleep with and can't stop looking at, I'm guessing a $1,000 for an even better one ain't going to be much of a deterrent. Rather, it's like Apple can just take all your money whenever there's a new iPhone coming out. Yes, there will be long lines for the new iPhone and Apple will sell tons of them. For Apple, what makes them great is their products do get incrementally

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Warren Buffett Not a Bitcoin Fan

Sep 8, 2017
J. Webster
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Sometimes you miss a few investment trends, but in the long run you don't lose a bunch of money...Warren Buffett says to pass on buying the bitcoin phenomenon, it's not an investment he would make. Buffett said back in 2014 that bitcoin was a mirage and didn't offer anything intrinsically valuable that say a simple "check" could offer, as far as payments go. Buffett of course has missed out on buying some technology stock early on, said he just didn't understand them enough, and he's still had a bit of success as an investor. Bitcoin has been going crazy since then,

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Did Trump Call the Top in the Stock Market…?

Sep 5, 2017
J. Webster
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Looking back, I wonder if this tweet will be when the stock market topped out. With everyone saying the market is nearing a top, probably for the past three years, who knows if and when it will go down. But it's risky to rely so much on the stock market maintaining a never ending rise, especially when your policies create a lot of chaos. The Fed has to raise interest rates at some point, or at least

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Will Costco Get Amazoned?

Aug 30, 2017
J. Webster
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The majority of the articles being written about Costco the past few days say the stock is a buy. The headlines say that Costco's stock has been too beaten up with all the talk of Amazon encroaching on it's turf. There's also talk over at Bloomberg that tons of Amazon Prime members are also Costco members, as though a choice between the two has to be made. And what with Amazon buying Whole Foods and then cutting prices, Costco stock was was knocked down once again. The articles are saying Costco stock is on sale. But will Costco get "disrupted"

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Ate Some Popcorn & Cashed In My Profits

Aug 28, 2017
J. Webster
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I'm kind of thinking maybe it's time to go long the $VIX. Especially after reading this article in the NY Times. I also don't know why a trader would want to be featured in the paper about making money shorting the $VIX, especially if he's making millions of dollars. I don't think you want that much attention, do you? But what sticks out is how seemingly confident the former Target logistics manager is about shorting the $VIX and not worrying about volatility:
It has been a lucrative strategy as the so-called fear gauge has been, outside of the

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Finally There’s Some Volatility

Aug 17, 2017
J. Webster
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The $VIX is still alive. Just when everyone thought the market would never go down, it finally did and volatility has returned. I bet if you bought the $VIX just when all those articles about how the $VIX was so calm and quiet and it'd been ages since it moved at all, you'd be pretty happy right now. The $VIX shot up around 30% just today. Volatility is back. How many articles have to be written before the bottom is in for something? Is there a number or average? Usually it’s the front page of the paper thing, when the market

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Maria Bartiromo Defends Donald Trump

Aug 16, 2017
J. Webster
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After Trump's press conference where he went back again and talked about "both sides" being bad at the white supremacy gathering/march in Virginia where three people were killed...Maria Bartiromo, once beloved in the financial sphere, seemed to show her true colors and who she supports. She takes a shot at the mainstream media too, with her #msm hashtag. I never really understood

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