Jim Stewart April 15, 2021 Coinbase (COIN) is generating lots of hype. The online exchange where investors buy, sell, and store cryptocurrencies went public this week with a direct listing on the NASDAQ. Shares closed down following [...]
Matt Bacon April 14, 2021 The US is experiencing a hot housing market and the DC area is no exception. Chances are you’ve probably lost an over the asking price bid or two if you’ve been a [...]
James Stewart December 2, 2020 November was the best month in decades for equity markets. The Dow Jones Industrial Average posted its best monthly return since 1987. The Dow closed over 30,000 for the 1st [...]
Jim Stewart October 7, 2020 The news of President Trump and the First Lady contracting COVID-19 late last week along with members of his staff reminded me of the term “October Surprise,” [...]
Jim Stewart September 28, 2020 Energy stocks are having a rough time. Just look at Exxon - the last 30 days have been one of its worst in the past 40 years. With the stock’s price [...]
Matt Bacon Sept 25th SPAC is shorthand for Special Purpose Acquisition Company, and if that’s a new term for you keep reading. This is the latest financial innovation to gain popularity on Wall Street and money is [...]
Matt Bacon Sep 17, 2020 The Federal Open Market Committee met yesterday and left interest rates unchanged. We weren’t surprised. General economic conditions are poor and will likely remain poor until the public health crisis brought about [...]
By Matt Bacon, Sept 14, 2020 Volatility returned to equity markets again last week as money fled big tech, which has led the rally almost exclusively since the March lows. This anxiety driver didn’t strike out of [...]
By Matt Bacon August 25th, 2020 Note: Carmichael Hill maintains positions in Exxon, Apple, Amgen, Pfizer, and Raytheon A meaningless shakeup in the Dow Jones Industrial Average was announced yesterday evening. Exxon, Raytheon, and Pfizer are out. [...]
By Matt Bacon - August 12th, 2020 On July 30th, Apple (AAPL) announced a four for one stock split effective 8/31/20. Tesla (TSLA) followed suit a week and a half later with the announcement of a five [...]
