ABX Archives - Page 2 of 2 - Market Mad House

daniel January 12, 2015January 12, 2015 AAPL, ABX, Amazon, American Express, Apple Pay, Apple Stock, Bank of America, Benjamin Graham, Berkshire Hathaway, COST, Costco, Day Trading, GOOG, Google, KR, Kroger, momentum, momentum stocks, Mr. Market, Mr. Money Mustache, TSLA, Wal-Mart, Warren Buffett, WMT

Momentum for Stocks

Many of today’s market rock stars, including Google (NASDAQ: GOOGLE), Amazon (NYSE: AMZN), (Netflix: NASDAQ: NFLX), Apple Inc. (NASDAQ: AAPL) and Costco Wholesale (NASDAQ: COST), are momentum stocks. The theory driving these stocks is that the new markets these companies create are capable of generating unlimited growth.

Market Commentary My Thoughts

daniel January 2, 2015March 13, 2016 AAPL, ABX, Amazon, American Express, AMZN, Apple Pay, Benjamin Graham, Berkshire Hathaway, COST, CVS Health, Disruptive Technology, Dollar General, Dollar Tree, FDO, Mr. Money Mustache, TSLA, Venmo, Warren Buffett

Some Predictions for 2015

PayPal will start disrupting the financial services industry as soon as it gets spun off by eBay Inc. (NASDAQ: EBAY). Expect PayPal to unveil its version of Apple Pay in the form of a souped-up Venmo and enter the banking industry, possibly by buying a bank.

My Thoughts

daniel December 5, 2014December 5, 2014 AAPL, ABX, American Express, Apple Pay, Apple Stock, Bank of America, Berkshire Hathaway, Green Dot, Mr. Market, Mr. Money Mustache, New Source of Electricity, Obamacare, PayPal, Plug Power, Prosper, Square, Wal-Mart, walgreen, Warren Buffett, XOOM

Are Digital Wallets a Threat to Banks?

The threat to banks is best shown by PayPal’s growth rate. PayPal’s mobile payment volume increased by 72% between the third quarters of 2013 and 2014, growing to $12 billion. Mobile payments now make up 20% of PayPal’s payments. Venmo, a mobile payment App offered by PayPal subsidiary Braintree, saw its payment volume grow by 50% between the third quarters of 2013 and 2014.

The Death Spiral

daniel December 2, 2014March 17, 2016 ABX, Currency Trading, Forex, GG, Gold, Gold Standard, Mr. Money Mustache, Pussy Riot, Putin’s Gold Standard, Vladimir Putin

The Russian Economy is Collapsing

The major reason for the ruble collapse is falling oil prices; economists surveyed by Bloomberg believe that there is now a 75% chance of recession in Russian next year. The currency situation indicates that it has already begun.

Crazy Stocks Stocks

daniel December 1, 2014February 18, 2016 ABX, Anglo Gold Ashanti, AU, Barrick Gold, Berkshire Hathaway, GG, Gold, Goldcorp, NEM, Newmont Mining, Value Investing

Gold Freefall Possible because of Swiss Vote

One major result might be hastening gold’s fall below $1,000 an ounce in value which is likely within the next few months. If that happens, expect to see at least one major gold producer declare bankruptcy.

You Missed It

daniel November 28, 2014 ABX, Anglo Gold Ashanti, AU, Benjamin Graham, Berkshire Hathaway, BHP, CAT, Caterpiller, DE, FCX, Gold, NEM, Value Investing

Swiss Vote on Gold Could Boost Big Miners

Okay, the initiative would be great news for gold miners, but it could be a recipe for disaster for the Swiss economy. Among other things, it could make the Swiss franc vulnerable to a currency collapse if the price of gold collapses. It could also create a bubble in the gold market that could wipe out a lot of fortunes.