Latest Insights on DBA
The Fed Gives In, but Not Enough for Wall Street July 31, 2019 Great Stuff Wall Street Needs a Bigger Pacifier Do any of you have kids? I have two. That period around age 3 to 4 is just hell. They ask for everything under the sun and cry when they don’t get it — or even when they do get it. That is the perfect analogy for Wall Street […]
Capital One Hacked, Beyond Meat Butchered July 30, 2019 Great Stuff Look Kids, Big Ben … Parliament! Summer vacation is in full swing on Wall Street. Just be sure to check your wallet, especially if it’s a Capital One Financial Corp. (NYSE: COF) wallet. Unfortunately, it’s a Griswold family vacation … and investors are stuck on a roundabout. Both the Dow and the S&P 500 have […]
The IRS Is Coming for Your Bitcoin Profits July 29, 2019 Great Stuff Fear and Follies on Wall Street We’ve got an interesting week ahead of us. Between a potential Federal Reserve rate cut, Democrats running for president and the IRS going after bitcoin profits, we’ll either be laughing or crying by Friday. Tomorrow, the Federal Reserve begins its two-day meeting to decide how to screw up — […]
Friday Four Play — Google’s Not Afraid of the Fed: “It’s Not New to Us.” July 26, 2019 Great Stuff I just wanna stay in the sun where I find (I know it’s hard sometimes), pieces of peace in the sun’s peace of mind. — Ride, Twenty One Pilots It’s Friday, and it’s ramen night! Sitting in the sun relaxing, eating ramen and drinking a cold beer sounds nice after this busy week. It’s also […]
Tesla’s “Production Hell” and “Logistics Hell” Tanks Shares July 25, 2019 Great Stuff “Living easy, living free. Season ticket on a one-way ride.” AC/DC ain’t got nothing on Tesla Inc. (Nasdaq: TSLA). After going through “production hell” and “logistics hell,” CEO Elon Musk is in his own personal hell this morning. Tesla posted a loss of $1.12 per share in the second quarter, missing even the most bearish […]