Bitcoin To The Futures, Disney Slips & Zillow Gets Flipped

Let’s Go Bitcoin Crazy? Dearly beloved, we are gathered here today to get through this thing call “cryptocurrency.” An electric word, “cryptocurrency,” it means gains forever … and that’s a mighty long time. But I’m here to tell you there’s something else — the futures market. A world of never-ending happiness… OK, I can’t type that with a straight face. Thanks for the intro, Prince, but I’ll take it from here. So, in case you haven’t heard, cryptocurrencies are going back to the future … erm, futures. ProShares is launching a Bitcoin (BTC)-based ETF on Tuesday, October 19. That’s tomorrow[…]

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Crypto Is Unleashing Web 3.0

In 2011, Jeopardy champions Ken Jennings and Brad Rutter played against IBM’s supercomputer Watson. It was a true test of man versus machine. Jennings holds the record for 74 consecutive wins, earning a bit over $2.5 million. Rutter, meanwhile, won an astounding $4.8 million. It’s fair to say that they’re the best humans to ever play Jeopardy. But these champs were no match for the computer. IBM’s Watson took first place, with Jennings in second and Rutter finishing last. Just before he lost, Jennings wrote: “I, for one, welcome our new computer overlords.” It was an ironic twist on a[…]

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Trick Or Treat: Spooky Sentiment & Frightening Fundamentals

Great Stuff’s Goodie Bag O’ Treats Double, double toil and trouble. Markets burn, and portfolios bubble. Something wicked this way comes! Answer me this, Great Ones: What do you get when you toss a bunch of excess stimulus money into an already boiling cauldron of investor sentiment and then top it all off with a light sprinkling of pandemic potpourri? I’ll give you a hint: It rhymes with “schmeconomic heckoning.” Can I have another hint? No … but I’ll save you the trouble: Today’s secret phrase is “economic reckoning.” (*Children scream.*) I know, I know, it’s a heavy and dastardly[…]

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$1.2 Million … Only the Beginning

You can make BIG money in the market. The path will be rocky. There’s no straight line to winning stocks. You have to have a dedication and conviction for investing in the future — America 2.0. Follow the Rules of the Game and stay #BOP (bullish, optimistic, positive). It can get spicy ! But, ultimately, Strong Hands will win!  Don’t believe us? See if Ed’s story will make you into a believer: Just wanted you to know that I have been an Inner Circle member since it was offered, and I have been super happy with your service and especially[…]

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ASML Holding: On Sentiment, Semiconductors & Sanity

What’s The Deal With ASML Holding N.V.? ASML Holding N.V. (Nasdaq: ASML) is a powerhouse in the semiconductor equipment market … and that’s putting it lightly. We all know there’s a semiconductor shortage. And we all know that in order to fix the shortage, chip companies need to make more chips. Duh… ASML Holding is on the front line of this chip shortage battle. It literally makes the machines that make semiconductors. But ASML is much more than that … it has a moat. Aww, jeez Mr. Great Stuff! Semiconductors again? I’m so tired of chips I can barely even[…]

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You Won’t Believe Who’s Talking About Cryptos Now

Cryptos are going mainstream fast. For example, Tesla CEO Elon Musk tweeted about Dogecoin earlier this year. Speculators piled into what Musk called “the people’s crypto.” That helped the coin rally over 600%. The market has also seen a mania in nonfungible tokens (NFTs). NFTs are digital assets that you can buy and sell. The rarest ones have sold for millions of dollars. And some countries, such as El Salvador and Brazil, are embracing cryptos. Others have accepted them but are still deciding how to regulate them. If that’s not enough proof that cryptos are going mainstream, then consider this…[…]

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I Wanna Hold Plug Power, Amazon Is So Basic & The Delta Oil Blues

Plug Power’s Lonely Hearts Club Band I read the news today — oh boy! 4,000 articles about Plug Power (Nasdaq: PLUG). And though the news bites were rather small … I had to count them all. I mean, Plug Power is a Great Stuff Pick, after all. Great Ones, Plug Power investors, Beatles fans … it’s been quite a day in the hydrogen high life. That is, if Robinhood’s “PLUG is up!” or “PLUG is down!” notifications didn’t tell you as much already. It all started with an analyst upgrade — it was only a kiss — how did it[…]

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Sleep Better at Night: Stop Using Stops!

Today’s Take: The market is there to serve us, not guide us. “I think I’m going to throw up…” I was sitting at the conference room table in the clearing brokers’ lounge with Pete. After the close of the trading day, we would all gather there to tally up our trades. Pete was a smart guy and great trader. I’d seen him have days where he made $10,000. Back in 1983, that was serious money. “Quick, get me the wastebasket.” Without picking my head up, I said: “C’mon Pete, stop being dramatic. You’re not going to throw up.” I was[…]

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The Final Run Up; Or, Our Lips Aren’t Sealed

Domo Arigato Great Stuff Roboto Welcome to Wednesday, Great Ones! Hopefully, by now, none of you are wondering who I am … machine or mannequin. (Secret, secret, I’ve got a secret.) Wait, you’re … the associate of Mr. Great Stuff! The Igor to Dr. Franken-Stuff! Correct, indeed! And, come a little closer now, quiet down. I’ve got a secret I’ve been hiding under my skin. My heart is human, my blood is boiling and we just heard from Joe himself. He made it out of the bunker he’s been hiding in, and it turns out he’s been cooking up some[…]

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What Do These 4 Billionaires Have in Common?

In 2017, Jamie Dimon called cryptos a “fraud.” The JPMorgan Chase CEO said: “If you’re stupid enough to buy it, you’ll pay the price for it one day.” In 2018, investor Carl Icahn called cryptos “ridiculous.” His stance was: “I wouldn’t touch that stuff.” In 2019, tech guru Mark Cuban said he’d “rather have bananas than bitcoin.” And as of last week, we can add Citadel CEO Ken Griffin to this lineup. He claimed that crypto adoption is “a jihadist call that we don’t believe in the dollar.” Now, what do these four billionaires have in common? It’s not that[…]

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