Latest Insights on FB
$5 Billion: Facebook’s Price for Your Privacy
July 24, 2019 Great Stuff
The Federal Trade Commission (FTC) just smacked Facebook Inc. (Nasdaq: FB) in the face. The world’s largest social media company must shell out $5 billion in the biggest penalty the FTC has ever handed down. Why the big penalty? Remember Cambridge Analytica? You knew that wasn’t going away. The FTC is penalizing Facebook for how […] The Three Amigos of Banking: JPMorgan, Goldman and Wells Fargo
July 16, 2019 Great Stuff
In a way, all of us have an El Guapo to face. For some, options trading might be their El Guapo. For us as investors, our El Guapo is a big, dangerous earnings season filled with volatility and the threat of an earnings recession. But the three amigos of banking have shown us that not […] China, Aliens and Earnings … Oh My!
July 15, 2019 Great Stuff
I leave for a week … and this is what I come back to? More than one million Facebook Inc. (Nasdaq: FB) users have signed up for a raid on Area 51 in Nevada on September 20. The goal of these intrepid raiders? To “see them aliens.” Has the whole world gone mad? Actual market […] Friday Four Play: Good Jobs = Bad News
July 5, 2019 Great Stuff
That was quite the Fourth of July celebration, wasn’t it? The fireworks, the music … and stuff. Freedom was everywhere. It was awesome. I don’t know about you, but I’m beat this morning. Apparently, so is the market. But we’ll get to that in a minute. Next week, I’m going on vacation to celebrate my […] Bitcoin’s Crypto Bubble, Thanks to Facebook Libra
June 27, 2019 Great Stuff
Today, we’re not going to talk about Trump, China or the Democratic debates. You’re welcome. The reason: I’m plumb Xi’ed out. I’ve got no more Trump in the tank, and it’s far too early to worry about what the two million candidates running for the Democratic nomination are debating right now. Besides, bitcoin (CCC: BTC-USD) […]