Has the Big Bull Finally Hit the Wall?

On Friday March 9, 2009 I was playing golf with some friends on the Merit course in Palm Springs California when I got a call from my trading partner. He said that the DJIA had turned around and rallied over 300 points in the last hour of trading. 300 points is nothing today, but with the market trading around 6600 then it represented a 4% rally in less than an hour...

By | June, 14, 2019|Categories: Articles, Featured|Tags: , , , , , , , , , , |0 Comments

History Repeats Itself

Markets always repeat. You can go back hundreds of years and the market psychology never changes. There is always a new idea that will change the way the world thinks. In some cases, it is correct, and the world does change for the better, but in many cases the idea comes to a crashing halt. What we are seeing now with the flood of IPO’s seems like 1999 again...

By | May, 20, 2019|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

Lyft Losses Grow

Lyft Q1 Report

Lyft Inc. posted strong growth in its first quarterly report as a public company, with revenue nearly doubling from the year before, even as losses continued to mount. The San Francisco-based ride-hailing company reported revenue of $776 million in the first three months of the year, up 95% from a year earlier...

By | May, 9, 2019|Categories: Articles, Featured|Tags: , , , , , |0 Comments