Personal Finance
The Investing Lesson of Mastodons
By Louis Basenese - Sep 19, 2017
10,000 years ago, mastodons seemed poised to rule forever. But mastodons weren’t adaptable. The day humans began hunting with spears, the extinction of mastodons became an inevitability. Modern-day mastodons suffer from the same inability to adapt. And these companies are on the cusp of complete failure...
Economics
Were Irma and Harvey Just the Opening Act?
By Louis Basenese - Sep 15, 2017
Irma may have just rained on Puerto Rico’s recovery parade. Power outages and water main destruction could spell doom for Electric Power Authority and Water Authority bonds issued by the island. And if those bonds default, a domino effect on other Puerto Rican bonds is likely. With that in mind, welcome to Wall Street Daily’s first ever “Natural Disasters” edition.
Technology
iPhone X First Look… OMG or SMH?
By Louis Basenese - Sep 14, 2017
Tim Cook took to the stage this week and unveiled the newest iPhones. Cook’s challenge was crystal clear: How will Apple’s latest iPhones send the “usage” needle further north? Here’s our take...
Personal Finance
How to Survive the Equifax Hack
By Louis Basenese - Sep 12, 2017
The Equifax hack should deeply scare you. Heck, it concerns me enough that I took immediate action. Today, I’m strongly recommending that you do the same.
Stocks
“Brain Boom” Unlocks Humanity’s True Potential
By Louis Basenese - Sep 7, 2017
Thanks to scientific advances in genetic sequencing, deep neural networks, and DNA editing technologies, a legit “Brain Boom” is upon us. Nothing races higher than a biotechnology stock with a hot new discovery. Here are a few more such stocks to consider when placing your brain bets.
Stocks
This Walmart Plan Is Stranger Than Fiction
By Louis Basenese - Sep 6, 2017
Walmart has partnered with Uber to expand its grocery delivery service business.
It’s a classic example of truth being stranger than fiction. Bespoke Investment Group isn’t impressed. It listed Walmart on its “Death by Amazon” Index. Let’s see what my top two analysts think, and then I’ll render a decision at the end.
Technology
Why Driverless Cars Are Here to Stay
By Louis Basenese - Sep 5, 2017
Driverless cars are the ultimate disrupter. Heck, Ford executives now make regular trips to Silicon Valley to meet with executives running startups a millionth Ford’s size. But I was recently asked if driverless cars are any different than the Segway. Let’s review…
Stocks
Alan Knuckman: Interview From the Trading Floor
By Louis Basenese - Sep 4, 2017
During a recent interview, he shared his thoughts on why investors shouldn’t try to time when the recent bull market will end — along with eight other must-read secrets gleaned from his days on the trading floor. Here’s the full transcript of the interview.
Technology
Is the Internet Good or Evil?
By Louis Basenese - Sep 1, 2017
A 22-year-old Newsweek article just resurrected itself, and it’s now going viral. It contains criticism of the internet that has proven eerily accurate. But it also raises the question… Is the internet good or evil?
Stocks
The Hunt for Survivors in an Amazon-Dominated World
By Louis Basenese - Aug 30, 2017
On the heels of Amazon’s acquisition of Whole Foods, investors are convinced that every retailer is in Amazon’s cross hairs. Not so fast! Bespoke Investment Group recently compiled an “Amazon Survivors” Index, which includes retailers they believe can survive Amazon’s onslaught.
Security & Defense
Killer Robot Panic
By Louis Basenese - Aug 29, 2017
A consortium of 116 industry insiders decided to sign a loose agreement — one that bans the use of lethal autonomous weapons (or “killer robots”). Imagine a world where gunpowder was never allowed to be developed. Or a world where nuclear fission was deemed too dangerous. Are such mandates a good idea? Or do they thwart the natural progress of innovation — and, most importantly, investment opportunities?
