It’s a slow news day, and my post on investing in collectibles spurred an interesting StockTwits conversation about “nostalgia investing.” Worthless: Thoughts on Investing in Collectibles – Sizemore Insights http://stks.co/b0hVe $STUDY — Charles Sizemore (@CharlesSizemore) Jun. 27 at 09:01 AM @CharlesSizemore Funny last night and this morning going through my 4k baseball cards from the 50s...Read More
My favorite historical anecdote—and one that every investor should be forced to acknowledge reading before opening a brokerage account—dates to the era of the South Sea Bubble. A charlatan whose name is lost to history, published a prospectus for “A company for carrying on an undertaking of great advantage, but nobody to know what it...Read More
Watch the latest video at video.foxbusiness.com I joined Varney & Company this morning along with Nicole Petallides and Liz McDonald to chat about our favorite stock sectors and the dismal revised first-quarter GDP report. Consumer discretionary stocks have gotten killed this year, as Liz reports, noting that 22 consumer discretionary stocks in the S&P 500...Read More
Battled electronics retailer RadioShack (RSH) started the trading day down 14% on an earnings release that was worse than expected—and let me emphasize that expectations were not high going into the release. Revenues for the quarter were down 13% year over year, and its $0.97 per share loss was almost double the consensus estimate of...Read More
This week the annual Electronic Entertainment Expo—or “E3” among gamers—kicks off, and all eyes are on Microsoft (MSFT) and Sony (SNE), makers of the Xbox One and PlayStation 4 game consoles, respectively. The focus this year for Microsoft—which presented first—was on getting back to basics of gaming. In this latest battle in the “console war,”...Read More
