A cybersecurity attack on the 5,500-mile Colonial Pipeline disrupted the supply chain and flow of driving and jet fuels across multiple states. I’m not getting caught up in the hype. I haven’t panic-purchased gasoline. Instead, I am focusing on why this event happened.
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You may have heard about the semiconductor shortage, but what does it mean for you moving forward? New car supply is down and prices are surging. General Motors is lowering supply, pushing folks to buy vehicles sight unseen, and has even raised prices of SUVs by 20% over the last year. This feels like more bubble-popping coming our way ...
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In about a month, I predict a new search term will enter Google’s Top 25 most-asked questions: “Why is the price of corn so high?”
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There's a bullish case for stocks to run higher, all because of a report update from Goldman Sachs showing that companies are about to drive their stock prices higher.
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I'm starting to feel sorry for Federal Reserve Chair Jerome Powell. This week, many of his allies offered serious contradictions to the Fed's plans for the economy. I want to talk about what this means for your money.
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You only need to open your eyes to see that prices for nearly everything are rising. With rising prices, food manufacturers will pass on these rising commodity costs to protect their margins. Let’s check TradeSmith Finance for an idea that just emerged as a buy on Monday.
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It’s very common for investors to buy stocks that they see in the headlines. If you turn on CNBC, you’ll hear pundits rambling on and on about Facebook, Netflix, Alphabet, and McDonald’s. There’s nothing wrong with these companies. But when they’re all you hear about, the prospect of “familiarity bias” creeps into your mind.
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After a wave of earnings reports from America's top tech companies, a small selloff ensued. The Nasdaq, S&P 500, and the Dow... they all fell Friday morning. The average investor sees this downturn and has their finger on the sell button. But not me.
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At a congressional hearing in 1953, Charles Wilson, CEO of General Motors, said, "As goes GM, so goes the nation." America has changed 68 years later; One should now say, "As goes Apple, so goes the nation's stock market."
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Buckle up. This earnings week is unlike any that we've seen in a long time. We could see panic... or a frenzy of buying activity. The question is: What should you be doing right now?
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