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Whenever there is money, there is an attempt to steal it... We are enamored with keeping up with the latest scandal as a society, especially when it's a big one. It's a bit twisted, but it's impressive to have the distinction of being a participant in the single largest financial heist of all time. When […]
- AMD
- FCN
- GS
- SQ
Don't let rhetoric scare you into selling... Russia's invasion of Ukraine last week led skittish markets to become even more volatile. The S&P 500 Index ranged from roughly 4,100 to 4,300 on Thursday, a nearly 4% intraday swing, after opening the day down 2%. The Nasdaq Composite's intraday range was even wider, swinging more than […]
The world watches Ukraine with bated breath... We're sure the idea of "living in unprecedented times" is becoming a tiring one for many of you. It might feel like a once-in-a-generation event is happening once in a quarter. In the past four months, we've had another resurgence in the coronavirus pandemic with the omicron variant, […]
Feeling the pain at the pump, investors debate oil's potential... In the past year, inflation has filled the headlines. Inflation appears practically everywhere, but it's most noticeable at the gas pump for many. As gas prices go up, inflation repeatedly stares people in the face when they fill up their tanks. For the past half […]
- CVX
- EOG
- SLB
- XOM
Credit is typically a sleepy place... Unlike the stock market, credit markets don't typically see a lot of dramatic shifts. Changes tend to occur slowly and over extended periods. To add to the lack of excitement, most equity investors mistakenly think changes in the credit market don't impact them. But we can see that the […]
- AAPL
- ADP
- JNJ
- MSFT
- XOM
Why the New York Times Bought Wordle As Wordle took over, the New York Times took notice... Wordle is the most recent game to sweep the nation. Once a day, players get six chances to try and guess a five-letter word. If a letter is in the right spot, it turns green, and it turns […]
- ADBE
- CRM
- NYT
Joel's note: The Altimetry offices are closed on Monday for Presidents' Day, so look for the next Altimetry Daily Authority on Tuesday, February 22. Here in the DMV... I'm not referring to the Department of Motor Vehicles. Last week, I was visiting several places in "The DMV," a term big musical artists often use to […]
- FB
Potential frills in the merger of the two no-frills airlines... A big transaction is on the radar... The two most prominent no-frills budget carriers announced a potential merger earlier this month. Details confirmed that Frontier (ULCC) would acquire Spirit Airlines (SAVE) for about $2.9 billion, creating the fifth-largest airline in the U.S. The merger is […]
- SAVE
- ULCC
The world has moved on, and they failed to keep up... It was impossible to go to the mall in the 2000s without seeing a few familiar accessories such as Bluetooth earpieces and Ugg boots. As with all fashion trends, these accessories gradually fell out of favor. For professionals ranging from investment bankers and lawyers […]
- AAPL
- BB
Peloton's days of glory appear to be over... Peloton Interactive (PTON) was the next big thing at the start of the pandemic. Its virtual classes provided a sense of community as everyone was stuck inside, and it made a killing off customers willing to drop $2,000 on a bike and exercise routine. But for the […]
- AMZN
- NKE
- PTON