Ass Armor. MasterCard.

APRIL 11, 2020. Summer’s right around the corner. Warm weather always brings out a filthy wave of muggers, a group blithely unconcerned by social distancing. But why worry? That’s yet another benefit of plastic. It armors your ass.
Over the past six fugly months the financials have backed up more than all others, a nasty 16.3% slap in the face. Of the 23 big ones we track only four are up. How about the cards? American Express down 16%, Capital One -28.7%, Discover cut in half, -46%.
Meanwhile the leaders MasterCard and Visa have given up only 2.36%, and 0.1%. And? Over the past 5 days the financials have been ripping it up; Capital One +44.4%, Discover +43.4%. Three of the top five best performers among the financials are cards. But that’s only one reason we’re thinking financial heavy weights, such as Mastercard. Another is that it’s financial infrastructure. Get some “Ass Armor. Mastercard.” Continue reading Ass Armor. MasterCard.

FICO. STILL SCORING.

APRIL 8, 2020. “Market timing” is often a derisive expression. But then did anyone predict Monday? Why mention this? Because savvy investing exists in between. Because Fair Isaac is a financial. Because financials are hated and poisonous now, right? FICO produced the 5TH highest return out of the 23 financials we track during Monday’s spectacular blow-out run. Is up 14.12% good?
FICO is much more than your credit score. The financial sector is a down-trodden wreck, so why talk that mess? “Payment holidays,” for one. This goddamn virus has created an economy-wide financial crisis. Face-to-face business has ceased and customer service is in overload. A month’s worth of customer service now occurs everyday. That’s business for FICO. Customer service?
Proper diversification calls for exposure to the financials. Yet banks are squashed. What’s left? Financial infrastructure. That’s why we’ve been thinking “FICO. STILL SCORING.” Continue reading FICO. STILL SCORING.