Latest Insights on LB
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 — […]
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 […]
Earnings Food for Thought: McDonald’s, Chipotle and Starbucks July 22, 2019 Great Stuff I have a weakness for ramen. Not the cheap Maruchan stuff that we lived on in college, but the “boutique” stuff you find at your local ramen-bowl restaurants. This weakness proved to be my undoing this morning. I had a bowl of some spicy, chicken-fire ramen last night … and I’m still on fire today. […]
Netflix Battles the Strangest Things July 18, 2019 Great Stuff Did you cancel your Netflix Inc. (Nasdaq: NFLX) subscription? I didn’t cancel my subscription. So, that makes two of us still here, probably. Unless you’re sharing my account. I have been getting a lot of weird suggested shows to watch recently. Hmmm… The world’s largest online streaming company reported its second-quarter results last night. While […]
Longest Economic Expansion in History! Here’s What It Means Right Now July 9, 2019 American Investor Today, Economy, Investing, U.S. Economy The U.S. economic expansion has lasted for over 10 years. That’s the longest the economy has been without a recession since 1945. Chad Shoop talks about this historic milestone and how you can collect gains with the ongoing momentum. (3-minute read)





