The Ultimate Market Update Ep2 is your source for actionable market information. As always, the objective of the Ultimate Market Update is to give you market information as quick as possible. Also, I will not use any Wall Street jargon. If I do, please feel free to call me out! Finally, my goal is to […]
Category: Personal Finance
Trudeau Begins Tax Crackdown
Justin Trudeau begins tax crackdown and his Liberal government has launched a massive investigation into Canadian tax filings. CRA’s is going after employers who have been using the Canadian Emergency Wage Subsidy program. This goal of the program was to help business owners pay employee wages during the pandemic. Although this may be true, Trudeau […]
Ultimate Investor Update – Ep. 1
Ultimate Market Update is your source for actionable investing information. First, the objective of the Ultimate Market Update is provide you with a quick way to get the information you need. Second, I promise to not use any financial jargon. Finally, and most importantly, you will become a wiser investor. With this in mind, you […]
Align Technology Inc Profits Explode
Align Technology’s (NASDAQ: algn) most recent quarterly results were spectacular. Indeed, when profits start to roll in the stock price rises. Not to mention, profits are up 50% year-over-year. But, Wall Street analysts fail to see the potential of Invisalign. At first glance, invisible orthodontics seem boring. However, behind the scenes Align has managed to […]
Are Zero Interest Rates Good?
Zero interest rates are a hot topic on Wall Street these days. But, are zero interest rates good for your investment portfolio? Although this question is hard to answer, I’ll do my best. More importantly, I’ll keep it simple. To start off let’s break the world of investing into two categories: stocks and bonds. Of […]
Salesforce Stock On Sale
Christmas came early for investors and Salesforce stock is on sale. Why is the stock on sale? Well, it comes down to how Wall Street operates. According to MarketWatch, Citi analyst Walther Pritchard downgraded the stock to “neutral”. Not surprisingly, traders jumped on the opportunity to hammer the stock. In reality, the selling pressure is […]
OPEC Oil Production Jumps Unexpectedly
OPEC oil production jumps unexpectedly during November. No doubt tensions are sure to rise. The Reuters monthly survey showed production continues to climb past the cartels limits. In view of rising production, cartel members are sure to disagree about the future. Who should produce more? Who should produce less? One thing is for sure, cheating […]
Salesforce To Buy Slack
Today news leaked that salesforce.com (NASDAQ: CRM) wants to buy Slack Technologies Inc (NYSE: WORK). Why this big acquisition? Well, do you ever have to sort through an email tread a mile long? I do. And I hate it! Well, the business world is working to solve this problem. The basic idea is to work […]
COVID Cases Surge – Market Yawns
As COVID-19 cases surge in the developed world, stock markets continue to rise. Not surprisingly, financial TV is spinning the worry wheel again. That’s what mainstream media does. After all, the old saying goes, “If it bleeds it leads.” So, if you are looking for solid information about COVID-19 check out the world sick map. […]
Stocks Stage Bullish Breakout
Absent from Financial TV is the fact stocks stage bullish breakout as the US election results linger. Skeptical that stocks can rise further has left investors stuck on the sidelines. That’s a recipe for disaster! The market does not care what investors “think” about the direction of prices. In the end, the stock market is […]