Taking a Break

The market is up higher on optimism around trade, or increased central bank intervention to prevent market risk from being realized, or something else. And so many of the momentum stocks have been crushed of late. Meanwhile some beaten down value play stocks have been moving like penny stocks, with 5% daily moves. And so many […]

MOAR PETS

Yesterday stocks like FNKO & PETS were both up huge (around 7%). I sold off the PETS I had in my IRA & a bit of the PETS I had in my regular trading account yesterday. Today PETS ramped again & I sold down another 2/3 of what I had left in my regular trading […]

Fun With Funko

Late last year when the market imploded Funko slid hard. They went from an all time high of $31.12 a share down to $11.22 a share. Over the past couple months they started to recover again with the broader stock market, and have touched $25. When the market was up big on the narrative that […]

The Cloud

A couple weeks ago Google acquired data analytics company Looker for $2.6 billion. Google acquired YouTube back in 2006 for $1.65 billion. Core internet services seem bargain bin relative to the valuations of anything with a bit of cloud pixie dust poured upon it. Salesforce paid about 40x projected forward revenues when they acquired Tableau […]