Back In Asia, Eventful week ahead . Yesterday, I stopped over in Tokyo to eat some sushi and meet some old bankster friends at the newly opened Ginza 6 complex. AI and innovation is more alive and rampant here than ever before as new bank branches now dispatch robots to handle accounts in place of […]
AT&T got punched in the scrotum today, hard, off by about 6% on news that the hurricanes last month shaved a good $90 million off their expected top line for the quarter. Given that T is a stable dividend paying telcom that barely moves 1% on a good day, 6% is a monumental decline. Normally, I […]
Well, well, look at that. The AMZN is ripping higher again today and the calls I sold at $4.85 yesterday are now fetching $14, aka a 300% return had I held on a day longer. Nevertheless, hindsight is 20/20 and there is no point lamenting over could have’s. I’ve spent some time the past few days perusing […]
The AMZN trade proved to be a profitable one, albeit nothing major. I closed out my calls for +38% and will spend the balance of the week away from the markets. My speculative account will likely remain in cash for some time, as I shift towards a more active schedule. I do however, enjoy entertaining a […]
See that man in the picture? That’s Jensen Huang, CEO of Nvidia and a man who’s overseen his stock go from $23 to $188 in a mere 18 months. These guys have been killing it all year. They own the market for AI and Deep Learning applications with their $16k a pop GPUs, and are now taking […]
I sold out of AMZN, about 2 and a half weeks ago, right at the fucking bottom. Since then, the NASDAQ has slowly stair-stepped higher, now trading right back at ALL TIME HIGHS. I don’t expect it to keep ripping higher, unfettered, at a pace of 1% every day, but I do expect more gains. Then […]
I have an appointment with JETRO, the trade arm of the Japanese govt, coming up next next Tuesday in Bangkok to help arrange some potential buyers for Japanese fishery products. If history is of any indication, this will be a non-event, simply because government workers never get anything productive done and have an agenda of their […]
2 days ago, renowned short seller Citron came out with a report suggesting SHOP is a multi-level pyramid scheme, comparing it to the likes of HLF, sending the stock plunging down 15%+. Whether HLF is or is not considered a pyramid scheme is still yet to be determined, but what we do know is that the […]
I’ve had a slow start to this week, due to slight sickness. I’m feeling a lot better this morning, however, having spent the better part of yesterday devouring medicine and taking naps. The risk on trade is clearly back in the markets, evidenced by strong Chinese markets and NASDAQ back at highs. European markets are […]
Today marks the last day of Q3 of 2017 and by the looks of it I am sanguine about what looks to be both a challenging and propitious Q4. Important parts of my long term plan have begun to materialize, albeit just baby steps forward in the big scheme of things. The summer months this year […]