Is the stock market headed down?
Yesterday, the leading US indexes fell to more than 4%, the sharpest decline we have seen since 2011 when the first quantitative easing program was completed (the chart above is the VIX). The investors seem…
Yesterday, the leading US indexes fell to more than 4%, the sharpest decline we have seen since 2011 when the first quantitative easing program was completed (the chart above is the VIX). The investors seem…
At the recent members’ conference, I presented my insights on the markets and how I think it should affect the allocation of our portfolio, if at all. Here are the main points: Although many feel…
Good news for Legacy Education Alliance (LEAI). The company announced today that it entered into a definitive agreement with its licensor of Rich Dad branded intellectual property to extend the term of its current license…
The leading US indices have been up between 7% and 8% since the beginning of 2018. This is the best year opening ever. More amusing is that the indices have already exceeded most analysts’ forecasts…
According to sources at Bloomberg, the online car sales operator Cars.com rose above the radar of a number of private Equity firms as a potential for a takeover. This is not surprising in light of…
I decided to close the position in BNED (sold at an average price of $7.3). Although management is trying to take smart steps, mainly strategic acquisitions and closing unprofitable investments, the traditional activity – the…
APVO fell 28% today without any new announcement from the company. The trading volume was four times the average daily volume, so a big investor might know something we don’t. On the other hand, it could…
DishTV reported a surprising announcement of the commencement of insolvency proceedings against two companies belonging to Videocon Group – Videocon Industries Limited and Videocon Telecommunications Limited. Videocon Telecommunications Limited provided mobile communications services in the…
In 2017 summary that I published yesterday, I mentioned 3 old spin-off stocks that I bought 3-4 years ago to the Hebrew version of the portfolio: the data centers REIT CyrusOne (CONE) and the insurers…
2017 has been a great year for the stock market in general and for our portfolio in particular. The portfolio beat the market big-time with a return of 55.5% (!) versus 19.4% for S&P500. I’ll…