Published in Predictions and Prescriptions·Dec 21, 2020Taking The Week OffHappy Holiday’s friends! We are rapidly approaching the end of the year, and my window for prediction (approximately the end of 2020) has become pretty darn narrow. Which means that all I really have left to do is cleanup some outstanding bets and we can call this one a success. …1 min read
Dec 18, 2020$WISH Upon A Falling EconomyI’m of two minds on $WISH, one of the most recent IPOs to grace the markets. While the purveyor of low priced imported goods has managed to increase its net losses from $136M (2019) to $176M (2020) and its business is heavily reliant on a Chinese import market that faces…Wish2 min read
Published in Predictions and Prescriptions·Dec 17, 2020Results: $TAN Ran Well Ahead Of My ExpectationsInitial Prediction: $TAN will be trading above $73 by the end of trading on December 15th. Looks like we’re even more into Clean Tech than I expected! I predicted that $TAN would be trading above $73 by the end of December 15th, and that is exactly what happened. …Solar2 min read
Published in Predictions and Prescriptions·Dec 16, 2020Results: The Dow Is Starting To Find Its FootingInitial Prediction: The Dow will be trading above 29,200 by the end of trading on December 15th. I thought the Dow would be trading above 29,200 by the end of the 15th, and that is exactly what happened — at the end of trading yesterday the Dow was trading at…Dow2 min read
Published in Predictions and Prescriptions·Dec 15, 2020Results: Oil Performed Better Than ExpectedInitial Prediction: $XLE will be trading below 30 by the end of trading on December 15th. I’m calling this one a little early because the odds of something dramatically changing the results are extraordinarily low. I was a little too bearish on Energy. I said that by the end of…Oil2 min read
Published in Predictions and Prescriptions·Dec 14, 2020Update: Cyberpunk 2077 Is Suffering From Growing PainsInitial Prediction: CD Projekt Red will be trading above $27.50 by the end of December 21st I think I was wrong about CD Projekt Red. No, I don’t think they’ll lose money on Cyberpunk 2077, the game has already made back development and marketing costs in pre-orders. No, I don’t…Cyberpunk 20772 min read
Published in Predictions and Prescriptions·Dec 11, 2020C3 Is My Favorite IPO Of The WeekOne more stock pick to close out the week, this one related to the series of massive IPOs currently making their way through the markets. C3.ai, DoorDash, and AirBnb all went public this week, and the only one I thought was worth buying at open was… C3.ai ($AI). Why? It…AI2 min read
Published in Predictions and Prescriptions·Dec 10, 2020Stock Pick: FireEyeAnother pick for you today. I mentioned FireEye yesterday, and while it’s not a company I’ve followed closely, as I’ve dug in, I’ve become more interested. Their revenue’s rose 6% YoY in Q3, and their annualized recurring revenue hit a record. More importantly, I’m convinced that digital security is going…Fireeye1 min read
Published in Predictions and Prescriptions·Dec 9, 2020Stock Pick: CloudflareRunning headlongs into a few deadlines, so I’m going to make my posts a bit more spartan for the next few days.Cloudflare1 min readStock Pick: Cloudflare----
Published in Predictions and Prescriptions·Dec 8, 2020On Managing TiltFor the first six years, he did well, turning a few thousand dollars into a nest egg worth more than $150,000. But he gradually grew impatient with the slow pace of the returns he was getting and decided to try day trading. “I like risk. I like to just know…Tilt3 min read