WAR UPDATE- Ukraine has pushed Russia out of their 2nd largest city (Starts with a K) Kiercove? I apologize... Russia has blown up bridges in their retreat. That is significant... probably not coming back!
One of the best Kentucky Derby races ever. 80-1 shot wins! OMG... a freakin' $50 bet....... It was a historically fast pace and the good horses burnt themselves out, a last minute entry the day before No 21 Rich Strike with no hype and a rider who gets no respect takes it all! WOE. What A ride!
(PTLO)-- DAMN GOOD HOT DOGS!-- Highlighted last week/ had a strong Fri with 2X av vol...... WATCH- 20.79+1.00(+5.05%)<----------
Even if he's wrong we should listen--- Peter Schiff says overpriced tech stocks are ‘going to collapse’ as air comes out of that bubble — here are the top 5 bets he’s making instead Peter Schiff says overpriced tech stocks are ‘going to collapse’ as air comes out of that bubble — here are the top 5 bets he’s making instead 2022 has delivered a blunt reality check to investors. After a massive rally in 2020 and 2021, the S&P 500 is already down 10% in 2022. According to Peter Schiff, CEO and chief global strategist at Euro Pacific Capital, the worst is yet to come for investors. “The US stocks that most people own are the ones that are going to go down the most,” Schiff says in a recent interview with Megyn Kelly. “Those are the overpriced momentum-type tech stocks that everybody owns.” He adds that those kinds of stocks “were inflated during the bubble” and “are going to collapse as the air comes out of that bubble.” On a positive note, Schiff provides several ideas on how investors can prepare for a seemingly inevitable downturn. Recession-proof businesses Instead of chasing the exciting high momentum tech names, Schiff suggests looking at recession-proof businesses, especially if they pay reliable passive income to investors. He says investors should consider assets that “sell products and services that consumers have to buy, not just what they want to buy.”<--- BARE ESSENTIALS! The reason is simple: With rampant inflation, the products that consumers need will become so expensive that they won't have money left to buy the stuff they want. “You want to own the companies that sell the stuff that people need to buy, and they can raise prices, and they're paying their earnings to their shareholders in the form of dividends.” Food and tobacco are good examples, according to Schiff. People need to eat no matter what happens, and beyond food companies, many sectors support the growing and processing of what ends up on our plates. Meanwhile, the demand for cigarettes is highly inelastic, meaning large price changes only induce small changes in demand — and that demand is largely immune to economic shocks. Schiff is putting his money where his mouth is. According to Euro Pacific’s latest 13F filing, its third-largest holding is cigarette giant British American Tobacco (BTI). Its fourth-largest holding is Philip Morris International (PM), another tobacco king. Both companies pay generous dividends: British American Tobacco yields a whopping 6.8%, while Phillip Morris provides an annual yield of 4.8%. While Schiff doesn’t own huge stakes in food companies, the fifth-largest holding at Euro Pacific is fertilizer producer Nutrien (NTR). research idea---> Nutrian NTR.