As you’ve probably know I recently bought 1 share of Amazon stock. This decision came in the wake of cratering stock prices across packaged foods, retail, telecoms, and industrials. Amazon is proving more disruptive to traditional business than a recession. Like I mentioned two weeks ago, there has been an unseen market correction. Amazon’s … [Read more...]
Archives for July 2017
Progress Report: Q2
Nobody noticed it but there has been a serious market correction. High flying banks and tech stocks have masked the true state of the market. Telecoms have been cannibalizing each other with ambitious marketing campaigns. Commodity prices continue to weigh on the agriculture and energy sectors. Utilities are stagnating with the onset of more … [Read more...]
Oui To French Yogurt?
The past few weeks have created some interesting buying opportunities. The price wars going on in the telecom sector has pushed prices down. O’Reilly Auto’s earnings miss tanked the entire industry. And of course Amazon’s bid for Whole Foods has weighed on both retail and packaged foods. These price fluctuations opened windows to add to my … [Read more...]
Target: Being Targeted
Target had a rough June. Amazon announced its acquisition of Whole Foods, giving Amazon a large physical base. Amazon will now be selling (presumably) low-cost, organic foods. Even more troubling, Amazon has no problem losing money. It is possible they will slash prices in an effort to drive out traditional grocery chains. Supposedly, consumers … [Read more...]