Stock Market Purchases This Morning

With the S&P 500 down 5%, and many blue-chip stocks down by more than 10%, I obviously made some purchases this morning, which are discussed in detail over on Patreon which you can subscribe to by clicking here. … Read the rest of this article!

Recognizing A Bad Stock Before It Burns You

With the price of oil coming down to the $40 to $50 range, some companies that have fuel charges as a major expense are reporting profits that are higher than usual. You are seeing that with Carnival Cruise Lines which are seeing profits grow from $1.39 in 2013 to an expected $2.40 in 2015. The price of the stock has increased from $31 in 2013 to $47 at the end of today’s close. You do not want to hitch your family’s fortune onto the back of companies like this.

The reason why I say that is because Carnival carries high debt, has an indistinguishable moat, normally operates with high fixed operating costs, … Read the rest of this article!