Josh Brown Tesla Chief Executive Elon Musk told the electric car company that he plans to purchase $20 million of common stock during the next open trading window, according to a filing related to the CEO’s settlement with the Securities and Exchange Commission. “Separate and apart from the settlement, Elon has notified Tesla that he intends to … Read more
The co-chief investment officer of one the cryptocurrency industry’s largest investment firms said that he expects the next bitcoin bull run to carry the cryptocurrency market cap 1,000 percent above its current valuation. Pantera Capital’s Joey Krug made this prediction during an interview with Bloomberg, forecasting that the next upswing could propel the cryptocurrency market … Read more
The US dollar could severely depreciate against the euro by 2024, says forex analyst Ulf Lindahl, chief executive officer of A.G. Bisset Associates. He says the greenback is entering the cycle of losses. Since the 1970s, the US currency has been repeating a 15-year cycle of losses and gains, and the greenback has now entered … Read more
I addressed this during the webinar the other week, but I know that no one wants to sit through an hour and a half Q&A to find it, so let me break this down. I get more questions about my service regarding people’s account size. “Do I have enough? How much should I start with?” And … Read more
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Stocks were on the move early and never looked back. After a higher open, the major indices continued to rally. Helped out by strong earnings and a tech rally, the major indices moved higher for most of the trading day. The NASDAQ led the major indices with a 2.9% gain. Today’s close in the S&P put the index back … Read more
After a period of mostly downbeat action, a risk-on mood has taken shape Tuesday, after Goldman and other big corporate names sprinkled around some earnings cheer. Some investors may still be rattled by last week’s mini meltdown. Perhaps in a bid to calm any uneasy future retirees, Charles Schwab SCHW, +1.24% has been steering clients … Read more
In late 2017, Fidelity, one of the largest brokerages and asset managers with 7.2 trillion in assets under management as of October 2018, launched its first crypto initiative. By partnering with Coinbase, the biggest crypto-to-fiat exchange in the global market, Fidelity enabled its clients to track investments in major cryptocurrencies like Bitcoin and Ethereum through … Read more
I am using the market strength today to scale back on a few positions. I just sold half of TSLA calls @ $2470 for about 50% gain, or $8000 profit. I also sold half of the SBUX calls @ $3.30 which is nearly 60% gain or $12,000+ there. And then I took half of LGND calls (alerted just yesterday) @ $18 for a 47% … Read more
UPDATE! – Dr.Steve Sjuggerud’s Melt Up Event Sign up for True Wealth Systems at the special price of just $2,500 (normally $3,500)! >> Sign up here << Act now and receive… A $1,000 savings off 1 year of True Wealth Systems 1 FREE bonus year of True Wealth Systems (a $3,500 value) 1 FREE year of … Read more