Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

PACCAR Inc. (NASDAQ: PCAR)

Market Commentary

What Stocks could the Saudi Drone attack boost

Those looking for a stock to short need to take note. Lockheed could collapse totally if the drone attack leads to peace in the Middle East and a US pullout from that region. To clarify, I suspect a massive cutback in American military forces and spending will follow any U.S. pullout from the Middle East.

Read More
Long Ideas

Are Trucks Making Money at PACCAR?

In fact, PACCAR made enough money to report $2.842 billion in cash and equivalents and $1.081 billion in short-term investments on 31 March 2019. Thus, PACCAR was able to accumulate $3.924 billion in cash and short-term investments without burning through large amounts of cash like Tesla.

Read More