In short, things look clear to continue another year or two, and possibly longer but it’s just too tough to see out beyond that right now. I am becoming increasingly concerned about stocks in the short-term though. The Volatility Index (VIX), which measures expected volatility of the S&P 500 over the next 30 days, is…
Stock Market Update – Where are we Heading from Here?
I’ve spoken with a few people over the past week about what’s going on with stocks so I figured it would be a good idea to post this video for everyone discussing why we can’t push higher right now. Enjoy! -Nick Like what you see here? It’s easy to subscribe using the box in the…
And the Takeovers Continue
It was announced last night that activist investor Bill Ackman of Pershing Square Capital Management and Valeant Pharmaceuticals were teaming up in an attempt to takeover Allergan. Allergan, which is one of our larger growth holdings, was up 6% yesterday and is currently up another 15% today, as of this writing. I love a takeover…
Why I’m Buying Stock in magicJack (seriously…)
Earlier this year, I wrote about the troubles I see for the large telecom/cable companies like AT&T and Verizon as everything moves online cutting their services offered from 3 to basically 1 – the internet. If I’m right, then there should be internet based companies that stand to pick up new business. This led me…
Potbelly & My View on IPO’s
Initial Public Offerings (IPO’s) have been hot the past few weeks which is making a lot of people wonder if the stock market as a whole is overheating. I’m not necessarily concerned with the amount of new IPO’s so far this year but I think the stock market is still pretty stretched after last year’s…
Interesting Initial Reaction to this Week’s Fed Meeting
Wednesday was new Federal Reserve Chair Janet Yellen’s first meeting at the helm. Stocks sold off pretty hard after the announcement but rebounded yesterday. Neither action was very surprising; stocks are still quite over-extended and investors seem to have a quick trigger finger looking for any reason to sell and take profits. At the same…
Where Stocks Currently Stand
Today’s video takes a look at the stock market from a long-term perspective. We could see some more selling over the next few days but the “Goldilocks” trend of “not too hot, not too cold” remains in tact for the time being. Thanks for following! -Nick Like what you see here? It’s easy to subscribe…
Why I’m Selling Telecom & Cable Stocks – The Slow Death of an Industry
I find it interesting to watch things change over time. My job as an advisor of investments is to stay ahead of that curve by investing in opportunities in the early stages and to sell investments that are facing various headwinds and risks before it’s too late. I think Facebook’s purchase of WhatsApp last month…