Microsoft Inc. (NASDAQ:MSFT), the current leader of the Fab 5, is hitting it out of the park. In fact, the tech sector has a lot going for it; Shah Gilani says the USD two-year low is going to help and that he is looking for double-digit growth.
On his latest appearance on Varney & Co., Shah discusses the heights these tech stocks could take the market to, what will happen if they do not get tax cuts, and shares his unfavorable opinion of General Electric Co. (NYSE:GE).
The mechanical causes of the October 19, 1987 crash, which wiped 22% off the value of the Dow Jones Industrials Average in a day, are now a frighteningly large part of the fabric of equity markets in the U.S.
So is something else that didn’t exist in 1987.
Something that, at the exact worst moment in the trajectory of a crash, will rip the heart of liquidity out of the market without blinking an eye.
In fact, the very nature of the crash will target the people who think they are the safest.
The latest version of regulatory and Wall Street whack-a-mole is, as usual, going to miss the target.
In the “never-ending battle for truth, justice, and the American way” – and, oh yeah, profits – big investment and trading banks announced a major new change. All the big banks you know and love are about to charge the money managers they execute trades for, and service in ways most of you have no idea, an arm and a leg for research.
It doesn’t matter if the research is ineffective, which most of it is. It doesn’t matter if it’s valuable insider-type information, which some of it sometimes is. Banks are going to charge a pretty penny for it.
Why? Because it’s worth it, darn it.
And because new regulatory rules will force them to hold their hands out.
Nothing stops these markets. If you look away, you’re going to miss something big.
The Dow is growing closer to 23,000 points by the day, just as Shah predicted. Anyone who listened to the bears and sold missed out on a ton of money.
On this week’s Varney & Co., Shah is so confident in the market that he’s paying very little attention to the Dow at 23,000. He has his sights on bigger, loftier goals. He has similar confidence in a couple of other big players in the markets, namely Amazon.Com Inc. (NASDAQ:AMZN) and Apple Inc. (NASDAQ:AAPL).
Amazon is in “advanced talks” with a company called Phrame that makes special license plates, which would allow Amazon to make secured deliveries to your car. As Shah puts it: “Amazon is once again ahead of everyone else.” Watch the video to find out how…
If you want a shot at making fantastic gains, there’s a form of investing that you should consider if you haven’t already.
An initial coin offering, or an ICO, differs from investing in an initial public offering (IPO) in a few major ways.
For one thing, you probably can’t get insider stock with an IPO. But with ICO, you are absolutely an insider. With an ICO, it doesn’t matter what the “project” you’re investing in does, makes, or sells. It’s not a company, and it doesn’t exist in any traditional entity form.
And when it comes to the value of the new-fangled cryptocurrency coins or “tokens” you get for your investment, their value can rise exponentially.
If your cybersecurity tech has any signs of weakness, someone will find it because someone is always looking. That’s unfortunate for companies like Yahoo, who revealed this week that all three billion of its users’ data had been breached back in 2013. None of the major companies have been able to figure out just how to ensure that their customers’ data is safe, and the downward trend of the cyber security market is indicative of that.
This week on Varney & Co., Shah Gilani has a busy, lightning-round appearance as the panel of experts discusses everything from cybersecurity to electric vehicles. Though the topics are varied, Shah is certain of one thing: Technology is king.
Also this week, Alphabet Inc. (NASDAQ: GOOG) debuted new products in a keynote presentation. The most intriguing is the Google Home portfolio that was created to take on Amazon (NASDAQ: AMZN) in the burgeoning smart-home markets. Shah notes Google’s uphill battle as Amazon has an early foothold in the market, but he’s sure the company with the best tech will win.
You can be late to a market or industry, but you better have the products to back it up. To get the final word on all this and more, click now to watch…