Latest Insights on LYT
$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 […] 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 […] Canopy Growth: “Don’t Bring Me Down, Bruce”
July 3, 2019 Great Stuff
Canopy Growth Corp. (NYSE: CGC) has investors running, going out of their minds. Investors are thinking that they’re wasting their time. (Don’t bring me down, no, no, no, no, no.) If you haven’t heard, I’ll tell you once more before I get off the floor. Canopy Growth co-CEO Bruce Linton is out the door. In […] Long Live the Trade War – New Tariffs Fuel Market Uncertainty
July 2, 2019 Great Stuff
Did you enjoy yesterday’s break from the trade war? It was fun for a day, wasn’t it? Semiconductors rallied. Oil stocks gained ground. The market hit all-time highs. For a brief moment, we were able to shrug off global uncertainties and bask in the remnants of the bull market. Today, that illusion of certainty is […]Mexico’s Sword of Damocles
June 10, 2019 Great Stuff
The U.S. and Mexico reached an agreement on trade and immigration this weekend. So, it’s time to celebrate. Crisis averted! Or is it? The promised 5% tariff on Mexican goods hasn’t been completely eradicated. It’s just been “indefinitely suspended.” In other words, President Trump could bring it back at any moment if he decides that […]