EDITOR'S DESK, EDITORIAL, FUNDAMENTALS, INVESTING, THINKING NOW

Ring Time Ranks As Risk

SEPTEMBER 3, 2018. Market risk rolls on, every second you’re invested. All the fancy dancing in the world will not protect you from crushing losses. Think ’08. Diversification helps. But just like boxing, you’re either in the ring, or not. If you’re in win, don’t dance.
Owning five hundred stocks is hardly winning. Nor is it effective risk management. It’s hedging. It’s playing not to lose, while facing most of the same risk. You can’t dance and win at the same time. Again, you’re either in or not. So punch to win. Why not? Your ass is on the line either way. Do you truly want to brawl for a bag of quarters?

Read more
BUSINESS, EDITOR'S DESK, FUNDAMENTALS, INVESTING, THINKING NOW

Felonious Numbers. Money Chops APB.

AUGUST 3, 2018. Retail investors are customers.
We are the business of retail brokers. What do you say upon learning that twin price-performance metrics are routinely displayed for the very same stock and period–on the same page? What do you do when the P/Es from the same system also don’t match? And if they’re off by a factor of 4?
Mismatching metrics can be your reality, and precisely why STOCKjAW created Money Chops. Money Chops shows you how to do the numbers yourself.
Doing your own numbers puts accuracy in your hands–at least as much as possible. Trusting and trading on dodgy data puts you in the hot seat. Trust is no substitute for knowing.
Tracking down precise company-issued EPS and calculating the P/E takes time and ranks as tedious. Same goes for price performance. Yet are you ready to move forward when the most important metrics investors rely on come up in mismatching pairs? You don’t have to. Here’s how.

Read more
FUNDAMENTALS, INVESTING, MARKETS/ECONOMY, STOCKS, TECHNICALS, THINKING NOW

Big Banks. Testimony Of The Tape.

JULY 20, 2018. Who hasn’t curled a lip behind investors shimmering indifference to big banks?
Yet the carousel of table-leaning bank lovers chimes and rotates. “Well Ken, we really like the banks here.” Why? How many others have been confused by such bubbly fun? Mother of sweating–where’s the performance? Tech is what works–tech.
No real love exits for our big banks, going no where fast. We’ve seen the Youtube vid of shareholders falling instantly to sleep when suddenly exposed to a bank earnings report. On comes the comes the carousel of more money managers broadcasting more bank “attractiveness.”
STOCKjAW takes a look. What’s the bank performance truth, and benchmark reality? The benchmarks and the players all have scores, and the reality stands clear, right here. More pool-party bank summer fun.

Read more
EDITOR'S DESK, EDITORIAL, MARKETS/ECONOMY, MEDIA, THINKING NOW

Trade? NATO? Change Without Disruption? Dream On.

JULY 13, 2018. Beyond politics and a polarized media, the facts defining trade and NATO stand clear, despite media spin. Both are negotiations, not some flossy brunch with the partners. It’s business, national business, and that means upset.
But not to worry. Our European allies dearly love us–like a Sugar Daddy. Besides, fussing is much easier, and cheaper, then reworking insular national budgets. How upset does your daughter get if the funds aren’t there?
World War II ended 73 years ago. The Soviet Union collapsed 27 years ago. Treaties are binding, all round. Abrogations matter. Yet, is the United States really obligated to continue subsidizing the security of nations unwilling to live up to their own treaty commitments? If they don’t care enough to pay, why should we?
In stark violation of WTO rules, and free trade, China subsidizes, dumps, cheats, hacks, and shields, on behalf of its’ industries. Japan’s done so forever. The WTO is AWOL. Successive U.S. presidents have sat on the issue like an egg, and hatched a fat zero. But no, don’t do anything different, like tariffs. More importantly, never be disruptive, or unpredictable. Somebody might get upset. Worse yet, things might actually improve.

Read more
GREEDY CREEP, MARKETS/ECONOMY, MONEY, THE AMERICAN DREAM, THINKING NOW

Cord-Cutter. Eclipse Of Power.

JULY 9, 2018. The savvy see the future is now. Streaming is the future and the present. That means lower cable prices to those who act.
Has SVOD clamped-off the power beam of cable? Subscribers have paid like robots ever since cable snapped on the obedience beam. That was forty years ago. But the battlefield looks very different now. Cable’s power crystal is cracking, more deeply by the day.
The calcified Overlords of Light are scrambling. Fewer seats will exist in the near future. They’re also feeling the price push-back, from below.
STOCKjAW digs deeper into this dynamic shift, with a doctor very accustomed to critical thinking. Negotiations on. Here’s how she dramatically transformed her entire experience on the far end of fading cable tyranny. Is she changing cable prices? Yes. She definitely transformed her’s, much lower, and then lower again. Is she happy? Absolutely. Here’s how.

Read more
FUNDAMENTALS, INVESTING, MARKETS/ECONOMY, MEDIA, STOCKS, TECHNICALS, THINKING NOW

3 SELLS Now. Dump Downers Before They Devour You.

JULY 2, 2018. Your mission is simple. Buy low and sell high. Sell? You actually want me to sell? Do you realize how hard I worked to create this cost basis?
Stock market fervor lives on the buy side. Some myth exists concerning the sell–like it’s just supposed to happen. And it will be right. Wrong.
Knowing sell disciline is one of the hardest skills of all. Who wants to sell at a loss? Who wants to sell their cherished horses? You do. Here are three examples time is proving right.

Read more
BUSINESS, CULTURE, FUNDAMENTALS, INVESTING, STOCKS, TECHNICALS, THINKING NOW

TELADOC. Beaming the Doctor-And Fast Growth-To You.

JUNE 14, 2018. The virtual hook-up is our future, and that definitely means virtual medicine. Relentless and savage medical pricing is draining American’s prosperity, while leaving many stranded in an unserved wilderness. Inefficiencies in the industry soak up tens of billions annually. The mind-bending cost ramp of care looms very darkly over all balance sheets from Washington to Main Street, and more so in every home.
Has the digital revolution finally reached the doctor’s office? Yes, if TELADOC has it’s way. Doctor up digitally. Soon perhaps, far fewer patients will idle for hours repeating the exact same paperwork. We hope so.

Read more