Latest Insights on DM
This Spinoff Rear-Ended the Used Car Market
October 9, 2024 Banyan Edge, Economy, Investing
I’d rather have a root canal without anesthesia than negotiate with a used-car salesperson. That was the challenge that two retail electronic executives wanted to tackle. In 1991, they came up with a new way to sell used cars. They wanted to create a buying experience that was pleasant and enjoyable. That’s when Richard Sharp and W. Austin Ligon came up with the idea for CarMax… Tesla Shares Poised to Double After Robotaxi Event?
October 7, 2024 Banyan Edge, Electric Vehicles, Investing
Tesla has developed not one, but two incredible new feats of engineering that will soon transform our lives... Don’t Buy Trump Coin
September 17, 2024 Artificial Intelligence, Banyan Edge, Investing
At the annual Bitcoin Conference in July, Trump was lauded for promising to ensure America becomes “the crypto capital of the planet and bitcoin superpower of the world.” He also promised to “appoint an SEC chair who will build the future, not block the future.” That’s a direct shot at current SEC Chair Gary Gensler, who has fought crypto entrepreneurs for the entire Biden administration. Last night, Trump went a step further... Mega Trend Convergence: Surfing the Market’s “Ultimate Wave” in 2024
September 13, 2024 Banyan Edge, Investing, Investment Opportunities
Big wave surfers travel from all over the world to ride the massive, 80-foot waves off the coast of Nazaré. World records are repeatedly set — and broken — on these monster swells over the years. The phenomenon of "convergence" is what creates these waves, and now the same force is creating some of the biggest investing opportunities in stock market history... Don’t Confuse an Acorn for a Stock Market Collapse: Why Volatility Is the Price for Long-Term Gains
September 11, 2024 Banyan Edge, Economy, Investing
If you’re making decisions based on the past five days of market activity, you’re going to need more than luck. Trading on such a short-term time frame is not only difficult — it’s almost impossible to do consistently. In my decades on Wall Street, I haven’t met anyone who consistently made money trading on weekly trends. Here's what you should be doing instead to maximize returns...