Buy Flood Insurance With the VIX.
I am one of those cheapskates who buys Christmas ornaments by the bucket load from Costco in January for ten cents on the dollar because my eleven month return on capital comes close to 1,000%. I also...
View ArticleApple’s Next Stop: $1,000.
Newspapers, TV, radio, and the Internet all carried the same headline in San Francisco today: “Apple Now World’s Largest Company.” That was the response to the company’s Q4 earnings of $13 billion...
View ArticleGoodbye Steve Jobs, Hello Dividend?
Analysts continue to be stunned by the rate at which cash is rolling into Apple (AAPL). At current cash flows, the company’s hoard is expected to grow from $96.7 billion to $130 billion by next June,...
View ArticleMONEY AND MARKETS’ ROUNDUP: Gold Reaches Two-Month High
Gold surprised many by jumping to a two-month high Thursday, bolstered by Fed Chair Janet Yellen’s remarks, a lower dollar and jitters over Iraq, experts said. Gold for August delivery gained 3.3...
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