If there’s any company struggling more with recent bad publicity than Tesla (Nasdaq: TSLA), that company would have to be AT&T (NYSE: T). The company just can’t seem to get out of its own way. Take the ongoing merger with Time Warner (Nasdaq: TWX). AT&T management believes the deal will reinforce the Direct TV purchase, which cost AT&T $67 billion. But the $85 billion price tag for TWX, including an additional $50 billion of debt, seems a bridge too far. On top of that, the company is facing stiff resistance from the Department of Justice’s Antitrust Division. #-ad_banner-#Now, it’s no… Read More

If there’s any company struggling more with recent bad publicity than Tesla (Nasdaq: TSLA), that company would have to be AT&T (NYSE: T). The company just can’t seem to get out of its own way. Take the ongoing merger with Time Warner (Nasdaq: TWX). AT&T management believes the deal will reinforce the Direct TV purchase, which cost AT&T $67 billion. But the $85 billion price tag for TWX, including an additional $50 billion of debt, seems a bridge too far. On top of that, the company is facing stiff resistance from the Department of Justice’s Antitrust Division. #-ad_banner-#Now, it’s no surprise that the deal would face regulatory resistance. What is a surprise is why a large-cap company with the vast resources of AT&T would hire a law firm with no actual experience in handling antitrust law. Instead, they hired Daniel Petrocelli, a defense attorney best known for winning a wrongful death suit against O.J. Simpson. And while it’s possible Petrocelli could win, it’s definitely an uphill battle for an inexperienced team to go against a DOJ team with antitrust experience spanning several decades. Then there’s the revelation that AT&T paid $600,000 to Trump lawyer Michael Cohen. Ostensibly, the payment was… Read More

Have President Trump’s protectionist policies gone overboard?   Once heralded as the most pro-business U.S. president since Ronald Reagan, Trump’s zeal to shelter American businesses from global competition has caused many free-market economists to question his wisdom.   The stock market has benefitted wildly from the White House’s corporate tax reform.  Bulls remain in charge, but things are rapidly changing. #-ad_banner-#Trump’s protectionist actions, combined with his erratic nature, have cast doubt on the markets. The stock market hates uncertainty and doubts beyond all else. Trump’s negotiating style has dumped uncertainty into the markets at an unprecedented degree.   Nowhere is… Read More

Have President Trump’s protectionist policies gone overboard?   Once heralded as the most pro-business U.S. president since Ronald Reagan, Trump’s zeal to shelter American businesses from global competition has caused many free-market economists to question his wisdom.   The stock market has benefitted wildly from the White House’s corporate tax reform.  Bulls remain in charge, but things are rapidly changing. #-ad_banner-#Trump’s protectionist actions, combined with his erratic nature, have cast doubt on the markets. The stock market hates uncertainty and doubts beyond all else. Trump’s negotiating style has dumped uncertainty into the markets at an unprecedented degree.   Nowhere is this economic uncertainty more vivid than the rapidly deteriorating U.S.-China trade relations.   Make no mistake, Trump’s idea of fighting China’s unfair trade practices is noble.  However, his heavy-handed uncertainty in execution is resulting in greater economic harm than good.  In fact, it may completely erase his tax reform-fueled market gains overtime.   The proposal of hitting the world’s second-largest economy with 25% tariffs on $50 billion of imports will not only hurt the Chinese economy, it will have severe effects domestically.   China will not quietly sit still and accept the new tariffs; it will retaliate with a slate… Read More

All major indices continue to move mostly higher in unison, after breaking through their respective 50-day averages. Short-term technicals look mostly bullish for the overall market going into the second quarter and the always-difficult summer season. —Sponsored Link— New FCC Approval: Say Goodbye To Power Cords The FCC recently green lighted a stunning breakthrough device that will revolutionize electricity and get rid of the need for any plugs or cords. The Washington Times says that this technology “will change the world on a scale hardly seen in human history.” Even famed scientist Stephen Hawking agreed… Read More

All major indices continue to move mostly higher in unison, after breaking through their respective 50-day averages. Short-term technicals look mostly bullish for the overall market going into the second quarter and the always-difficult summer season. —Sponsored Link— New FCC Approval: Say Goodbye To Power Cords The FCC recently green lighted a stunning breakthrough device that will revolutionize electricity and get rid of the need for any plugs or cords. The Washington Times says that this technology “will change the world on a scale hardly seen in human history.” Even famed scientist Stephen Hawking agreed that “it’s about to change your life.” And this technology is set to pour $37.2 billion into this sector. But only one small company is at the center of this massive shift. Learn more now. By my estimates, the recent rally was less about more bulls jumping into the market, and more about the bears backing away after China and North Korean issues calmed a bit. With the vast majority of S&P 500 members having reported first-quarter earnings, the results and future are still a bit mixed and murky, respectfully. As of last Monday, 457 companies… Read More

Berkshire Hathaway recently reported its equity holdings through Form 13-F and caught the market by surprise with some additions and sales. As the market fixates on individual purchases and sales, I’ve found looking more broadly at the portfolio reveals valuable insight into Warren Buffett’s outlook on stocks. #-ad_banner-#In fact, Buffett’s portfolio is surprisingly concentrated in just three industries. Combining this with position changes in individual stocks, investors may be able to get ahead of The Oracle of Omaha by investing in best-of-breed companies within the industries. What’s In Warren Buffett’s Portfolio? Buffett took the lead in 1965 and has… Read More

Berkshire Hathaway recently reported its equity holdings through Form 13-F and caught the market by surprise with some additions and sales. As the market fixates on individual purchases and sales, I’ve found looking more broadly at the portfolio reveals valuable insight into Warren Buffett’s outlook on stocks. #-ad_banner-#In fact, Buffett’s portfolio is surprisingly concentrated in just three industries. Combining this with position changes in individual stocks, investors may be able to get ahead of The Oracle of Omaha by investing in best-of-breed companies within the industries. What’s In Warren Buffett’s Portfolio? Buffett took the lead in 1965 and has rewarded investors ever since. Returns on shares of Berkshire Hathaway have climbed 20% annually over the last 38 years, easily beating the S&P 500. That means instant market buzz anytime the company files its Form 13-F, a regulatory disclosure of portfolio holdings, which was released  May 15 showing first-quarter activity. The media loves to go straight to the individual stocks and changes in Buffett’s portfolio when a new 13-F is filed each quarter,  but a wider view can be just as instructive in revealing his outlook on the market. The Berkshire equity portfolio includes just 42 companies for a total… Read More

Sometimes I find myself caught up in the little details of the market — things like the price-to-earnings ratio of the S&P 500, the volatility index, the 10-year Treasury yield — and I neglect to step back and look at the bigger picture. I’ve found myself doing this a lot lately, more specifically with individual stocks. If a trade goes wrong, I dive into the financials, charts and indicators to see what I missed… and see how I can improve going forward. —Sponsored Link— Buy These 5 Stocks To Cash In On The Marijuana Megatrend… Read More

Sometimes I find myself caught up in the little details of the market — things like the price-to-earnings ratio of the S&P 500, the volatility index, the 10-year Treasury yield — and I neglect to step back and look at the bigger picture. I’ve found myself doing this a lot lately, more specifically with individual stocks. If a trade goes wrong, I dive into the financials, charts and indicators to see what I missed… and see how I can improve going forward. —Sponsored Link— Buy These 5 Stocks To Cash In On The Marijuana Megatrend If you were skeptical of marijuana stocks last year because of the hype and volatility, I don’t blame you. But in 2018, you simply can’t afford to sit this megatrend out now that real sales and profits are materializing. That’s why we’ve prepared a list of five proven and powerful trades to play the marijuana industry with legitimate names –and make legitimate profits. Get the names of these 5 marijuana stocks now. But as the common saying goes when you’re finagling over some of the finer details… you can’t see the forest for the trees. #-ad_banner-#Recently,… Read More

Mark Twain is credited with the old axiom, “History doesn’t always repeat, but it can rhyme.” I’m a firm believer in that and right now, history is rhyming like a Dr. Seuss book. Recently, I listened to a research called hosted by RBC Capital Markets’ technical strategist Bob Dickey, an old hand in our industry. Near-term he was a bit cautious. However, his long-term view is bullish. One of my takeaways was Dickey’s long view that U.S. equity markets seem to run in 16- to 18-year secular cycles. So, the history nerd in me decided to put the old S&P… Read More

Mark Twain is credited with the old axiom, “History doesn’t always repeat, but it can rhyme.” I’m a firm believer in that and right now, history is rhyming like a Dr. Seuss book. Recently, I listened to a research called hosted by RBC Capital Markets’ technical strategist Bob Dickey, an old hand in our industry. Near-term he was a bit cautious. However, his long-term view is bullish. One of my takeaways was Dickey’s long view that U.S. equity markets seem to run in 16- to 18-year secular cycles. So, the history nerd in me decided to put the old S&P 500 long chart to the test. Looking at the similar cycles (all of them effectively came out to 18 years) and applying the historical context to each period, Dickey is dead on. In modern history, it appears that 18 years of socio-political-economic challenge and upheaval is typically followed by 18 years of relative peace, economic growth and technological innovation. There’s no argument that we have been through 18 years of upheaval. Are we heading for a better stretch in which investors will enjoy an extended bull market? It’s impossible to know for sure. However, the tea leaves would… Read More

I knew this might happen… —Sponsored Link— Buy (I Repeat Buy) This Stock Today This little-known $15 company is currently cornering the market on a technology that’s crucial to the future success of not just Google but also Apple, Amazon, Facebook, Microsoft, Samsung and many more. The best part? It trades for only $15 right now. Those who take action now could position themselves for gains of 12,000% or higher. To get the ticker symbol of this $15 company, click here. Sometimes you find a company you’re absolutely in love with…… Read More

I knew this might happen… —Sponsored Link— Buy (I Repeat Buy) This Stock Today This little-known $15 company is currently cornering the market on a technology that’s crucial to the future success of not just Google but also Apple, Amazon, Facebook, Microsoft, Samsung and many more. The best part? It trades for only $15 right now. Those who take action now could position themselves for gains of 12,000% or higher. To get the ticker symbol of this $15 company, click here. Sometimes you find a company you’re absolutely in love with… You’ve done your research, bought at a good price, you’re already up big, and then… BOOM!!! That company gets acquired by a larger player in the space. #-ad_banner-#That’s exactly what happened last week, when Aurora Cannabis (OTC: ACBFF), a major Canadian marijuana producer, said it was acquiring MedReleaf (OTC: MEDFF), my #1 pot stock recommendation, for $2.5 billion. I recommended this stock in the inaugural issue of Fast-Track Millionaire in early March. Since I do have some experience in this space, I was extraordinarily confident in the company and its market position. Here’s what I told my… Read More