Have hung in there and on a day like today, the dow only dipped 23 points. The nasdaq advanced 1. 4 . They get sloppy. So i want to give you some lessons in sloppiness to help you maintain your stock market table manners. Apple which was written off at 93. At the same time some chalter made its way around the floor of the stock market, netflix. Now long term viewers know that i urged apple to buy netflix because the earnings stream want so good. I watch all 90 netflix shows on my apple pro. Make life so easy for us. Wouldnt it . As for time warner, terrific. They would fit the Revenue Service stream i adore. Im talking about hbo. But if you at home bought either netflix or time warner when the stocks were running this morning, off the unfounded takeover rumors, you need to get your head checked and call timeout. Go get an ice cream. I mean really. Youve now done the textbook definition of sloppiness. Next example, trading off the price of oil every day. Ive been saying over and over ag
Were getting a sense that the longterm outlook, not the shorter median terrelm, the lon term has taken focus. Where the best longterm profits reside. What do i mean the long term . Lets start with tesla, solar city. Elon musk is trying to create a onestopshop for his incredibly popular cars. It can be summed up as im smarter than you, so i cant bother with you. And except a couple of things. With this deal, musk is not planning for this year or notex year or year after that. There are 50 million rooftops in this country. To musk, that means 50 million power plants. The notion that the electric fleet will look like it does now in further times is long. Why . Because its because of nuclear, coal and natural gas. But new Nuclear Plants cant be built, theyre to expensive. Coals too dirty. Natural gas is a bridge fuel. Heres the thinking that might be one Central Place. This is what his grand scheme really is. One Central Place where we build a j a gigantic solar field. Hes thinking in the
Amc entertainment says a lack of summer block bust earls hurt the bottom line in the latest quarter. Well talk to adam aron in a first interview about that and his companys merger plans. They have a lot of mergers. Breath taking is the word he uses to describe this. Tesla reaching that deal to buy solar city. Well look at what it means for shareholders. Lets start, though, with oil. Big mover today going lower. Yak i can deangelis tracking the action for us at the nymex. Good afternoon to you, bill. We settled higher than 40. But we did get down to 39. 82 and shows the momentum is there. 40 is a key psychological and Technical Support of oil prices. Lets see why we rose and why were falling particularly so early in the season. The demand for summer driving gave us an uptick. We got up to the 50 range, the dollar supportive. Everything seemed fine. On the downside, why we fell is because we had a crude inventory glut that created a gasoline glut and profitable to create more product and
Biogen (NASDAQ:BIIB – Get Free Report) and Poseida Therapeutics (NASDAQ:PSTX – Get Free Report) are both medical companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations. Profitability This table compares Biogen and Poseida Therapeutics’ net […]
Virtual Annual Meeting of Stockholders All stockholders of record at the close of business on April 8, 2024, are invited to participate in the virtual Annual Meeting webcast,.