Current Financial News

Negative Nancy Index 2010The bulls can't run forever as there is always Chaos awaiting in the shadows. Just when you think your precious equities will run forever the market will topple and fall while only the inverse ETFs and short positions will reap the benefits. Stop fooling yourself, there's one million reasons to believe a market correction is upon us.

Thus fellow Masters, join chaos and evil, welcome the Negative Nancy Index for 2010. (QID, FXP, DGZ, DUG, VXX)

Bull Wall St Stockmasters Logo

At the end of Feb. we weighed in on investing in Elon Musk.  Now the stocks have retreated and it could be time to buy.

Tesla (TSLA) and SolarCity (SCTY) were both up huge in 2014 but they have fallen back to earth.  Back in Feb Telsa was up 72% and SolarCity was up 53%.  Two months laster SolarCity is down 6% YTD and Tesla is up 29%.

Stocks Bounce up goes the SSO

Bullish General Large Pic

Stocks advanced today and so did the SSO.

ProShares Ultra S&P500 (ETF)(NYSE:SSO) increased 2% today while the S&P 500 inched up 1%.

Most Searched Celebs on the Internet

Jessica Alba

The most searched celebs on the internet are of course the most attractive.

Why I don't how she maintains the no. 1 spot but it goes to none other than Kim Kardashian.

Investing in Bitcoins using the Stock Market

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There is one stock you can buy that fits the bill.

Bitcoin Shop Inc (OTCMKTS:BTCS) is your weapon of choice.  However it is extremely volatile.

RadioShack Left for Dead

RadioShack Vintage Phone

Dead money or opportune investment?

About this time back in 1980 RadioShack (RSH) was at $2 a share.  History is repeating itself. The Shack had to reinvent itself back then, now it has to repeat the process.

Elon Musk Lovefest (TSLA, SCTY)

GTA Vice City - Love Fist

Wall Street is having a lovefest (or is it LOVE FIST) with Elon right now.

Add one part Elon Musk and one part great company idea equals outstanding investment.  Tesla (TSLA) and SolarCity (SCTY) are both up huge in 2014. Too bad we can't buy stock in Elon's other business venture Space Exploration Technologies, aka SpaceX.  

How to invest in Bitcoin - BitcoinShop?

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Can't afford to mine Bitcoins so buy BitcoinShop?

That seems like the obvious thesis and that's what the owners of BitcoinShop (TUCND) hope you do.  Of course before you sell the farm know that BitcoinShop appears to be a dangerous penny stock.

Great tips for saving money when Renting Cars

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Tips to save you money next time you have to rent a car.

First -- Member of Triple A (AAA) or Costco, many times the rental companies give discounts based on that.  Second -- Ask for any free upgrades, they can do that for you when you are at the rental desk.  Third -- Google search for coupons on rental cars snd use those when you rent.

 

dr-dre-the-chronic

With Marijuana now legal in WA and CO, it's time to get investing.

At the start of the year we reviewed the stocks you can buy that are involved in the legal and medical marijuana trade.  We check back on them today and see that they are all still penny stocks.  Medical Marijuana (MJNA), GrowLife (PHOT), Greengro Technologies (GRNH) and Cannabis Science (CBIS) are the only stocks we would recommend trading at this point in time.