Here are some portfolio changes from last week. New Investment: Walgreens Boots Alliance (WBA) We purchased stock in Walgreens last week. Concerns that Amazon is expanding into drug distribution with their purchase of Pillpack earlier this summer knocked the stock down to a pretty attractive valuation. I think this is a massive overreaction similar to…
Technical Analysis is the study of charts, chart patterns and indicators. Purely fundamental investors who study balance sheets and cash flow statements think it’s a complete waste of time whereas chart technicians think it’s all that matters. I say, why not be well versed in both? I’ve found it to be extremely valuable in helping…
In this post I’m going to show another way you can look at a stock chart to see where a particular stock is trading in relation to its longer term trend by using linear regression channels. These measure a stock’s trend over a certain period of time, as determined by its best fit linear regression…
Creative Destruction is effect of technological innovation, when something new kills the older incumbent. We’ve gone from horse and buggy to railroads to cars, etc. A new innovation dramatically changes, if not outright kills, the old way of doing things. It’s constantly occurring but usually happens so slowly that we don’t notice it unless we…