New Wall Street Daily
Dear
Wall Street Daily Reader,
“Cause it’s Friday and you ain’t got no job… and you ain’t got s %t to do,” we’re busting out the charts in
Trend Trader Daily Nation.
(Yup, I’m pretty sure I’m the only guy in the financial press to ever reference the 1995 hit film
Friday in his commentary. But don’t judge me or you might get knocked out Deebo style.)
For the regulars here, you know the drill. Scroll down and take a look at the pretty pictures.
For the newbies, don’t fret. There’s nothing illegal or aggressive going on.
SNAP Back into AR
Wall Street Daily Reader,
Last week, Snap Inc. (SNAP) made a major move into a trend I’ve been hot on for quite some time
More specifically, the company made its largest acquisition ever, plunking down $500 million to acquire WaveOptics, a supplier of critical AR display technology.
But don’t you dare snap up shares of the social media contender to profit from this trend.
You see, there’s a fundamental flaw to Snap’s strategy that promises to undercut any AR profit potential here, among other major risks.
Let me explain…
Hardware is Hard
As famous venture capitalist Marc Andreessen noted long ago, “It’s called hardware for a reason… it is hard.”
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New Wall Street Daily
Dear
Wall Street Daily Reader,
“Based on the bearish Power Gauge rating, I think the risk of a negative earnings surprise is too great.”
I said those words in 2012… as I was appearing, for the first time, on CNBC’s Fast Money Halftime Report.
On the panel next to me was Jon Najarian. I’m guessing you’ve heard of him…
The NFL-linebacker-turned-high-profile-trader had become a household name in the financial world by then. He would go on to sell his publishing and trading platforms, optionMONSTER and tradeMONSTER, to E-Trade just a few years later… for $750 million.
The Craze in Housing Isn t Fueled by Mania wallstreetdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreetdaily.com Daily Mail and Mail on Sunday newspapers.