Tesla has been an amazing story of a dominant new electric vehicle company. The stock has been a sign of the gambling fever taking over the stock market led by Robin Hood commission free traders as Tesla rose 750% this past year. A price to sales ratio over 30 and…
Senate Majority leader Schumer, House majority leader Pelosi and President Biden will officially control the decision making for the next couple of years and send shivers down the backs of most Republican’s who have been fed a steady diet of extreme proposals during the election: packing the Supreme Court, Green…
01-07-20 Blue Senate sweep will move Dem party toward extreme wing & pass higher spending agenda Q1/Q2 2021 = higher stocks (higher taxes in 2022). My November forecast of SP in mid 3800’s – mid 3900’s is now higher probability before a strong correction. Watch for stock market climax short term…
Kurt Kallaus of ExecSpec was interview by Cris Sheridan of the Financial News Network on 12-10-20. A look at health of consumer & longevity of an overbought stock market. Click here to listen: (28 minutes) http://bit.ly/3o3Kpz7 ( Financialsense.com is a fantastic hub for insight into the economy and all…
The Covid Bull market in stocks is sledding through the Holiday season as if every day were Christmas. Airbnb more than doubled on its opening day as a public company this month. Luminar, Snowflake, Lemonade and many more also doubled within hours of their initial public offering (IPO) price in…
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