Here is this week’s episode of Momentum Monday. It is fintech week on my blog but Momentum Monday is on a roll and the show must go on. I will get back to fintech week tomorrow. In this weeks episode I do walk through the charts of all the fintech public market leaders to keep …
From: July 2018
Fintech Week…It’s Like Shark Week But Drier.
Shark week is over which means it’s time for fintech week on my blog. I have never done a full fintech week, but I have a lot of thoughts to organize as I (through our fund Social Leverage) continue to invest in the earliest stages of this sector. A huge amount of money continues to …
Keep An Eye On Homebuilders and Some Good Reads
My friend Chris Kimble shared this chart of the homebuilders index and it caught my attention: I could dig into the fundamentals for days of course, but I don’t care to own these stocks or even trade them. I doubt history repeats here with a another financial crisis led by the homebuilders, but history might …
The Grind…
In hindsight, Twitter was doomed this morning. After the Facebook debacle, I should have sold all my Twitter and gone short. I will never be that good. The machines will never be that good. Founders go through the grind. There are no overnight successes. I have invested in over 100 startups and never seen it. …
Investing Best Practices and Price Targets
I love this investing quote from Michael Martin: Price targets cut your profits at the exact moment you should be either adding to your winners or just letting them run. Let the market tell you when the move is over. Price targets are about predicting the future and human beings are horrible at prediction at …
Nasdaq 10,000 is a Lock…But Can You Handle Nasdaq 5,000 On The Way?
It’s all fun and games until Facebook misses their revenue number… Tonight Facebook has lost approximately 20 percent of it’s value. Let’s give it some context….Facebook is down FOUR full Twitter’s tonight or $120-$140 BILLION. I joked that it was in bad taste that Zuckerberg played the Russian national anthem to start the conference call. …
Google…$900 Billion and Counting
Google did close at all-time highs today. In January of 2017, I was on this Google is the only technology ETF you need to own. Google’s market capitalization was $570 billion. So far I have been wrong about Google getting into the insurance business, but that’s actually good news since the stock is up 60 …
Momentum Monday – Records are Made to Be Broken
Money continues to pile out of active investing, but it is individual stocks that continue to blast off all over the place. Before I get to this week’s episode some backdrop on the relentless boom we are witnessing… The Nasdaq 100 has closed above its 200 DMA for 516 consecutive trading days. That is by …
Another Open Letter to Twitter
Dear The Twitter: Be bolder. Sincerely, @howardlindzon Happy, greedy, frustrated shareholder. _____________________________________ Let me keep this high level and simple because the analysts and experts that will drone on endlessly this being earnings week will have as much chance of being right as me. Twitter is a $36 billion company, which of course is fantastic, …
A Message To Parents Of Millennial And Generation Z Investors…
One of the top questions I get from parents that read my blog is how to get their kids investing? Here is my answer… Study shows that giving young people an investing account, starting from zero financial literacy, is actually beneficial. Learn by doing! I am really excited that millions of millennials are in fact …