Fighting Flares Up Again in Iran, Warsh Turns Hawkish, Treasury Yields Climb
The U.S. hits Iran over the weekend in renewed fighting and Fed chair vows to go after inflation; also, let’s check the week ahead.
Seasonality, Politics and the Death of the Momentum Trade
Conditions for a difficult September are in place, but it will also create new opportunities.
Outsmart the IRS With This Simple Investment Trick
Smart account placement means more tax-free growth. Here’s how.
Buy-and-Hold Investing Can Make You Rich, but Not the Way You Think
The best stock I ever bought was pure luck.
Warsh Says Money Is Too Easy, Spiking Odds of a Rate Hike
September hike odds jumped on one sentence about underlying inflation from the Federal Reserve chair.
Thanks to Salesforce, ServiceNow, the Contrarian SaaS Bet Is Paying Off
The Software-as-a-Service (Saas) apocalypse hasn’t arrived, despite the growth of AI.
Covered the Rest of My Nvidia Short
I covered the balance of my Nvidia ($NVDA) short at $218.83 (-$9 on the day).
Position: None
Covered Part of My NVDA Short
I covered one-third of my $NVDA short at $220.86 (-$7.15 today).
I will re-short on strength.
Position: Short NVDA
Niles Shares My Concerns
On CNBC, Dan Niles expressed my exact concerns about double and tripling ordering (Nvidia ($NVDA)) and the unprecedented +70% revenue growth forecast next year.
Position: Short NVDA (VS)
We’re Playing the Long Game With This Portfolio Position
An October Investor Day should bring more clarity on longer-term opportunities.