If you’re reading this article, you’re on your way to becoming a successful investor. The headline is an intentionally bad one. Few investors are interested in when to sell a stock. I can tell you from experience, in six months I can check web traffic data and this article will be one of the least…
Details“Near-term risks to the economic outlook have diminished…” Wait…what? That’s the key line from yesterday’s statement by the Federal Reserve. Does it say things are getting better? Will get better? Are getting worse? It says all of those things and none of those things. It’s meaningless. They said nothing and nothing changed. In fact, according…
DetailsAfter reaching a June 2016 high of $51.62, oil prices have slumped 16%. Supply and demand issues are returning, as production resumes in roiled hot spots, such as Nigeria and Canada, where firestorms cut higher levels of oil output. Renewed strength in the U.S. dollar is putting pressure on the resource at well. Others warn…
DetailsThe election is tightening. Betting odds are too. Honestly though, we’re not paying much attention to it all. Three reasons why. One, the thing which will really decide this election is not yet known. That one big, unscripted, unexpected moment which tilts the tables is nothing more than a known unknown at this point. Two,…
DetailsIt’s coming down to the wire. In July 2015, The Cheap Investor made a recommendation to buy Pain Therapeutics (PTIE) at just $1.83 a share. Last checked, the stock was up to $2.71 for a potential gain of 48%. And we see no reason to exit. As we near a September 25 PDUFA date for…
DetailsIt’s coming down the wire. In just four months, Donald Trump or Hillary Clinton will be elected the next president of the United States. And there’s only one certainty – it’ll be a nail-biting fight to the finish. At the moment, about 43% of registered voters say they support Clinton. About 40% say they want…
DetailsThe results are in and they’re spectacular not as bad as expected! That’s the best way to describe this earnings season. If you’re watching the headlines, all seems well. So far 70 S&P 500 companies have reported earnings. A total of 47 have “beat” expectations. However, there’s no real turnaround at all. Average earnings for…
DetailsIn the March 2016 issue of The Cheap Investor, we recommended buying McDermott International (MDR) at just $2.97 a share. While the stock was speculative at the time, due to uncertainty over the price of oil, we argued it had the ingredients to move 50% to 100% higher, as oil turned around. As of this…
DetailsI’ve got a big Pokemon prediction for you. It couldn’t be coming at a better time either. Today’s marks the passing of a major milestone for Pokemon GO. The fastest-growing game launches in Japan today. Expectations are big. Possibilities are even bigger. It ties into our big prediction for Pokemon GO too. It’s something few…
DetailsIt’s become an all too familiar headline in the press. Over the weekend, three officers were killed, and several others were wounded in retaliation for the death of Alton Sterling. Ten days earlier, a gunman killed 5 officers in Dallas, Texas. Currently, the number of police officers killed in the U.S. is 44% higher than…
Details“Dozens of them. They come in. Take three or four steps. Turn around and leave.” That’s what Igor, my barber, told me the other day. His barbershop is in downtown Phoenix and he’s seeing the Pokemon GO phenomenon firsthand. His story is only one of many though. They are endless. There are a lot more…
DetailsSo much for the near-term doom and gloom… Three weeks ago, major indices were left reeling from the UK vote to exit the European Union. Global markets lost $3 trillion in two trading days. According to some “experts,” all hope was lost. Then markets once again proved to be resilient. Now up nearly 1,500 points…
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