Archive for May, 2018
I just won a $10.5 billion bet.
Here’s why I say that. I first began telling Strategic Tech Investor members – maybe you were one of them – about what a great company a certain stock was back in May 2013.
At the time, it seemed like no one on Wall Street likes this firm.
The reason: While it was a pioneer in desktop publishing, many analysts still thought of the firm as a rooted in that seemingly archaic sector.
But I pounded the table and said the Silicon Valley leader’s then-young move into cloud computing would richly reward investors.
That’s why I was so glad to see that on May 21, nearly five years later, this company said it intends to buy back up to $8 billion of its own stock through 2021. And that’s on top of the current $2.5 billion plan that ends later this year.
That’s the $10.5 billion bet I won.
We’ve talked often here about how so-called “Miracle Materials” are literally changing our lives.
Well, earlier this year, one of those Miracle Materials made my vacation possible.
And just like it does every year, it saved my health – at least until I hit the slopes again.
Let me tell you my story.
And then I’m going to tell you about a Miracle Material play that’s highly speculative – but offers a lot of potential upside.
And it trades at only $7 a share.
So stick around today while I tell you my tale…
Mark your calendars for June 7.
That’s the day the Senate of Canada is scheduled to vote on bill C-45, which will finally, officially legalize recreational cannabis in that nation.
This law is widely expected to easily pass.
So this is a conversation you need to be a part of…
I’ve flown all over the world in all kinds of jetliners, and usually when the plane gets going, I tune out the safety presentation.
Been there, done that.
But on a recent Southwest Airlines (NYSE: LUV) flight from Money Map Press headquarters in Baltimore to Oakland International Airport, I listened carefully as the flight attendant described the plane’s safety features.
But today, I’m going to show you why that would be a big mistake…
It’s little more than a “glorified Excel spreadsheet.”
At least that’s how New York University Stern School of Business economist Nouriel Roubini described blockchain technology earlier this month during a panel discussion at the Milken Institute Global Conference in Beverly Hills, Calif.
But Roubini, nicknamed “Dr. Doom” for predicting the 2008 financial crisis, wasn’t done there. In fact, he’s been claiming for months now that the technology, which undergirds Bitcoin and cryptocurrencies as an online transaction ledger, is overhyped.
So let’s take a look…
Canadian Prime Minister Justin Trudeau visited San Francisco in February in a bid to lure more high-tech jobs up north.
He did the usual…
He met with several top tech CEOs, including Jeff Bezos of Amazon.com Inc. (Nasdaq: AMZN) and Mark Benioff of Salesforce.com Inc. (Nasdaq: CRM).
He toured some startups.
He probably stopped by Fisherman’s Wharf.
It was touted by many media outlets as a visit to “Silicon Valley.”
But here’s the thing. According to media accounts, including pieces by the Associated Press and San Francisco Chronicle, Trudeau never left the confines of San Francisco.
That means he actually never made it to Silicon Valley, a region whose northern border lies – not counting traffic – about a 30-minute drive south of the city.
So, while the nation’s financial media may know a thing or two about numbers – geography, not so much.
That said, it’s telling that Trudeau didn’t visit the Valley itself.
Having kicked around the Bay Area for the past 34 years, I have seen a huge movement of tech companies from Silicon Valley to San Francisco. Without thinking too hard, I can come up with at least 30 privately held tech startups worth $1 billion or more that are headquartered in the city.
There’s a reason for that – beyond the fact that San Francisco has better restaurants than Cupertino (though that’s part of it).
So, today I’m going to show you why San Francisco is quickly becoming a high-tech mecca.
And then I’ll reveal a market-crushing way to play this geographical power shift…
I’ve been kicking around Silicon Valley for more than 30 years now.
And during my stint here, one thing has always been true…
Any time you went to a rock show in San Francisco – “the city” – no matter if the band was an aging act or a fresh up-and-comer, you could count on one thing…
As soon as the lights went down and the band started up, you’d smell marijuana. Not just a hint of cannabis, mind you, but a thick fog of pot smoke wafting through the crowd.
From what I’ve been told, it’s been a permanent – and smelly – fixture of the rock music scene here since long before I arrived. San Francisco, of course, has been the epicenter of the counterculture since at least 1967 and the Summer of Love.
That’s why two recent concerts my wife and I attended in the city really jumped out. Over the course of two evenings at large music venues, not once did we get a whiff of any marijuana.
It was weird.
However, my recent stink-free nights out are explainable – in fact, they serve as a barometer for the high-octane growth of the legal cannabis market. (I’ve been talking about the profit potential of marijuana – and showing my readers the best pot stocks to invest in – for years in my premium Nova-X Report service. To find out more, click here.)
And they point to a profit opportunity in the making.
Check it out…
Mark Zuckerberg’s attorney advises him to be humble during a deposition in a suit brought by his Harvard University classmates Cameron and Tyler Winklevoss, who feel they are entitled to a substantive share of Facebook.
But Zuckerberg can’t help himself during this scene from the 2010 movie The Social Network.
Instead of keeping his mouth shut – or at least staying humble – he delivers a blistering response to a legal question that pushes the arrogance meter deep into the red.
What a difference a decade or so makes…
If you just had to go on his image in The Social Network, you’d think Zuckerberg is a total jerk.
Based on the early days of what eventually became Facebook Inc. (Nasdaq: FB), the movie portrayed Zuckerberg as not only brilliant – but also as an egomaniac with a talent for making enemies.
But during two crucial days of testimony on Capitol Hill in mid-April, the tech titan came across as smooth, confident, and straightforward. He answered a series of pointed questions with such aplomb that I couldn’t help but sit and listen to his testimony and think, “Wow this guy is good.”
I also thought, “Facebook stock is going to survive this bout of controversy just fine.”
And now, after the top social network company’s recent blowout first quarter, I’ve updated my Facebook share-price prediction…
A few years back – when Facebook was in the doghouse – I predicted it would double.
And it did.
Now Facebook is caught in a scandal and in disfavor again.
But it’s going to double again from here – and more quickly than you think.
When we spoke back on April 17, I told you that I believe we are in the midst of a generational bull market.
I still believe that.
Of course, that’s good news for tech investors like you – but that doesn’t mean we won’t face challenges along the way.
The last few weeks are a good illustration of what I mean. Heck, this morning is a good illustration of what I mean.
We have clearly seen a return to choppy, news-driven markets.
Daily market gains and losses in excess of 1% are the norm as of late, and it’s hard to spot forward progress. After all, in the three months ending April 27, the S&P 500 had 30 losing sessions and 31 winning sessions.
Last Friday, we learned the economy grew a moderate 2.3% pace in the first quarter. The S&P ended the day flat, with advancers making up 44% of the trades and decliners 46%.
We’re basically dead even.
Clearly, what investors need are strategies – tactics – that can hand them big gains even when others are struggling.
That’s why today I’m showing you three such tools.
You can use that’ll turn these choppy markets into big profits…