Snap Already Downgraded to Sell

Mar 2, 2017
J. Webster
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Was Snap every a buy or did it become a sell as soon as it started trading? Seems so. Snap opened trading at something like $24 a share but was immediately given a sell rating by Pivotal Research Group's Brian Wieser. And what Pivotal Research Group's price target for Snap shares? Oh, just $10. That's like a 58% drop in Snap shares....wonder how long of a time horizon they're anticipating for that kind of drop... It's also

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Dow Up Nearly 5,000 Points Since Trump Announced Winner

Mar 1, 2017
J. Webster
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I don't think anyone really saw this coming when Trump won...everyone thought the stock market would crash...and it did, just only overnight. Everything changed the next morning. It was almost like the market thought there would be some kind of revolt after the election - Trump saying the election was rigged if he lost. But of course he shocked everyone and won. And from that point, when the Dow was down nearly 900 points, when it was announced that Donald Trump would be the next president of the United States, the Dow has since moved up nearly

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Make Private Prison Stocks Great Again

Feb 24, 2017
J. Webster
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CoreCivic, Inc., formerly Corrections Corporation of America, is loving the Trump presidency so far. After going through sort of a makeover, in changing their name to CoreCivic, the company's stock jumped again after Attorney General Jeff Sessions rescinded an Obama-issued memo that ended the federal government's use of private prisons.

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Just Buy Everything

Feb 22, 2017
J. Webster
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On CNBC's Fast Money, they're just keeping things simple with a new slogan: Just Buy Everything. There's no more picking of individual stocks or trying to predict what the markets is going to do in the next day or month or hour. No more fast money just more money if you buy everything. What's the best move you can make as a trader or investor in the land of the Trump administration? Just Buy Everything. I wonder if this is

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Remember that Home Depot IPO….

Feb 21, 2017
J. Webster
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The initial public offering of Home Depot was on September 22, 1981. The price was $12 per share. The stock has split 13 times in its history and is probably due for another split as it hits an all-time high today of $145 per share. Could you have held on to $5,000 worth of Home Depot shares for around 35 years....? That's around 400 shares of Home Depot stock. If you could have held on to the shares, you'd have a nest egg of $30 million dollars. That's a lot of money...but even if you sold some shares, say

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Is Free Stock Trading a Good Thing…?

Feb 19, 2017
J. Webster
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Commission free trading, does that really help the young investor or trader...? In the past I joked around that I wish TD Ameritrade had "don't ever sell button" for certain stocks, say for Starbucks or Domino's when they were both trading for around $5 a share during the financial crisis. Don't you think you'd have sold some if you'd owned either one once they doubled and then doubled again and again....Check out the chart for Domino's and Google when they went public, how many people held on to these stocks for the last ten years or so...?

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Kellyanne Conway Now a Stock Market Pundit

Feb 16, 2017
J. Webster
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So I guess this isn't fake news...or a stock market bubble or all just caused by Janet Yellen's low interest rate policy now that Trump's in charge. What happens if the stock market goes down, who's to blame then? With a couple recent tweets, Kellyanne Conway has become a stock market pundit, saying that markets are very happy with Trump's vision. Conway isn't just a retail expert, pushing Ivanka Trump's brand, soon she'll be letting everyone know when they should sell shares of Tesla or Apple...

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Gary Cohn’s Thoughts on S.A.C. Capital….

Feb 15, 2017
J. Webster
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When Gary Cohn worked at Goldman Sachs as the chief operating officer and president, he was a big fan of S.A.C. Capital and all the money they paid Goldman Sachs to trade stocks and invest in IPOs. Cohn didn't seem too concerned about just how Steve Cohen (Yes, their names are confusingly similar) and S.A.C. Capital "trafficked in inside information". Cohen is now the chief economic advisor to President Donald Trump (Yes, still weird to write that), do you think he's going to worry about insider trading cases at Wall Street firms....?
“They have been an important client to us,” Goldman

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Watch Billions Season 2 Premiere Episode for FREE

Feb 13, 2017
J. Webster
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Watch the full Season 2 premiere episode of Billions now. Chuck faces scrutiny from the AG. Axe weighs his options. Starring Damian Lewis and Paul Giamatti. Don't miss new episodes of Billions beginning Sunday February 19th at 10 PM.

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Mathew Martoma’s Email Coverup Attempt….

Feb 13, 2017
J. Webster
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There are plenty of crazy details in Black Edge about Steve Cohen, but there's even more crazy details about Mathew Martoma, and one of the crazier details is how his parents took out a second mortgage and gave him a million dollars to start a computer company to try to coverup an email scandal he was involved in while at Harvard Law school. The email scandal was about how he said he sent an email to withdrawal from clerkship positions he'd emailed out at a certain day and time. Yes, it's all very confusing...it started when he changed

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