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This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This episode has been published and can be heard everywhere your podcast is available. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

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This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team discuss smartphone surveillance threats, inflation, AMZN, & whether or not to buy the dip on COIN. Inflation is at the hottest level in 13 years. Energy prices accounted for much of inflation increase for the month, with the broad index up 2% and gasoline prices rising 2.8%. Food prices also were up 0.4%. Energy is up 25% from a year ago and gasoline has surged 42% during the period. Apple had its annual meeting today as they introduced a slew of new products…It was called “California Streaming.” How does the stock perform in anticipation of this event and afterwards? Apple typically outperforms coming into these events compared to after. This just reinforces buy at the funeral sell at the wedding. This year the same trend seems to be playing out. Apple is up 14% over the last three months, more than the S&P 500′s 1% gain over the same period. The Millennial Moment presented by our Mega-llennial, Nikki Ward broke down a spyware known as Pegasus. Stop & Update your iPhone immediately. Pegasus, used a novel method to invisibly infect Apple devices without victims’ knowledge. Known as a “zero click remote exploit ,” it is considered the Holy Grail of surveillance because it allows governments, mercenaries and criminals to secretly break into someone’s device without tipping the victim off. Apple has issued emergency software updates for a critical vulnerability after researchers uncovered a flaw that allowed highly invasive spyware from Israel’s NSO Group to infect users products without so much as a click. NSO Group is a company that licenses surveillance software to government agencies. Pegasus is NSO’s best-known product, it runs secretly on smartphones, shedding light on what their owners are doing. It can be installed remotely without a surveillance target ever having to open a document or website link and reportedly is capable of stealing data, passwords, and activating a phone’s microphone or camera. AMZN & COIN: Evercore research firm puts a big target increase on Amazon stock. It’s been estimated that Amazon Prime same day delivery currently serves 50% of the U.S. population. The new distribution facilities should allow Amazon to significantly expand the number of Prime members who can get same-day delivery, which should lead to more purchases and increased customer loyalty. A report from an analyst at Piper Sandler said to buy the dip on COIN. He sees a rise of 40% from current levels. Shares in Coinbase, the largest crypto exchange in the U.S., have declined more than 26% since it went public in April. While crypto’s have been down over the past few weeks so has COIN. However, here’s where it gets interesting. COIN has had an 86% correlation to the price of BTC since going public. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team discuss Bitcoin, Auto Production Issues, and Recent Market Stats. The S&P 500 has doubled since the Pandemic March low which is the fastest bull market double off a bottom since WWII. Interesting Stats: Charles Schwab says their average portfolio has 12 holdings. Average balances for each generation; Baby boomer $532K, Gen X $306K, Millennials $103K Compared to the average account size at Robin Hood where the median customer has a $240 balance in their account, the average is about $5,000 Looking to purchase a new car? Well, you might to have to wait. A global chip shortage has had major impacts on automakers production. The shortage has been exacerbated by the move to EV’s. For example, a Ford Focus typically uses roughly 300 chips, whereas one of the electric vehicles can have up to 3,000 chips. Now, with shortages in raw materials such as, lithium, plastics, and steel to contend with car prices and production time will only continue to increase. Porsche said car deliveries could take up to 6 months. Ford and VW are struggling to deal with the global chip problem. VW, Europe’s largest carmaker has lost market share in China because of the chip shortage. Malaysia, where many of Volkswagen’s suppliers are based, has recently been hit hard by the coronavirus leading to several factory shutdowns. The Millennial Moment presented by our Mega-llennial, Nikki Ward explained Bukele’s Bitcoin Bust. El Salvador became the first country to adopt bitcoin as legal tender allowing Salvadorans to use bitcoin to buy a cup of coffee, pay taxes, or even order off McDonalds dollar menu. As part of the new law, businesses will be required to accept bitcoin for goods and services, though merchants who aren’t technologically able to accept bitcoin will be exempt. In the run-up to the launch, the government installed bitcoin ATMs around El Salvador. The launch got off to a bumpy start in the early hours of the rollout, as the government took its bitcoin e-wallet offline because of technical glitches. Chivo, is the government-run e-wallet that can be used for purchases in bitcoin or U.S. dollars. It's said to lower commission costs for money sent from abroad, but critics warn may fuel money laundering.  El Salvador bought 400 bitcoins, worth about $20 million and is preloading government-run bitcoin wallets with $30 worth of bitcoin for Salvadorans who register.  BTC’s value fell as much as 17% on Tuesday, leading the El Salvador government to buy an additional 150 bitcoins. The stakes are high for an indebted country of 6.5 million. Economists say that bitcoin’s sharp fluctuations risk denting the tax revenue and foreign currency reserves of a government that has neither the policy tools nor the financial firepower to contain a speculative attack. There are security risks because the funds held in the Chivo wallet are controlled by the government on behalf of its citizens. Such fund centralization risks attracting hackers. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team discuss Tech, Space Travel, and LTSE. Apple rallied to another all-time high based on the news that the next iPhone will have the ability to utilize satellite communications. Fintech giant PYPL is exploring the option to let users trade individual stocks. The company hired a brokerage industry veteran to lead the “Invest at PayPal” division. Did PayPal get this thought bubble from seeing the success with Robinhood and Sofi, and trying to take some of the market share? Last year they rolled out the ability to trade crypto. Now with this new trading option, they appear to be trying to keep up with the competition. Square currently offers a trading platform through the Square Cash App. Warren Buffet turned 91 on Monday, but it looks like this old dog is learning new tricks. For years, Mr. Buffett has stayed away from tech stocks until he bought AAPL in 2016. Apple now represents 45% of his portfolio and worth over $120 billion. Brokerage firm Jeffries began coverage on Virgin Galactic (SPCE) with a buy rating this week, saying SPCE can tap into an estimated $120 billion market for space travel. They continue to say their business model is simple; more customers + more spaceships to meet demand drives top line growth. Jeffries did a survey of 233 people with a net worth of over $1 million. A third of the respondents said they were interested in going to space, with 20% willing to spend over 5% of their net worth to do so. Keep in mind Virgin’s price point starts at $450K per person. They believe there 250,000 people out there with the interest and the means to do it. They currently have backlog of 600 reservations. The Millennial Moment presented by our Mega-llennial, Nikki Ward introduced LTSE, The Long-Term Stock Exchange, hatched out of Silicon Valley, based on the concept to encourage long-term thinking over short-term gains, and backed by investors who opt in to take a similar long-term view. The LTSE is for companies that seek to increase impact with employees, customers, like-minded investors, and society at large. The exchange wants to promote transparency and commitment to policies and practices that support the environment, social responsibility, and good governance. Companies on the exchange will be required to issue quarterly reports but they also must agree to abide by the listing standards like, the requirement to publish information on strategic planning and to align executive and board compensation with performance. This is unlike traditional exchanges who often focus on delivering results which often hurts their ability to execute long-term strategies First Trust economists have moved their S&P 500 year end target to 5000 from 4500. They’re known as perma-bulls and have been right. They state outstanding earning growth of 9.2% in Q2 sequentially and up 15.8% from the pre-covid peak in late 2019. The risks of course are 1) a US lockdown which they don’t believe will happen. 2) The Fed could raise rates more quickly. 3) President Biden and the Democratic Party could push through major tax hikes. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team are back this week to discuss the top stock on Robinhood's leaderboard, Dogecoin, and Chinese tech stocks.  This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Listen live on Wednesdays at 3 pm EST at MoneyRadio1510. Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team travel directly into the destruction Tesla and Spirit Airlines have caused this week.  TSLA tanked as the National Highway Safety Administration opened a formal investigation into TSLA’s autopilot system or traffic awareness cruise. NHTSA identified 11 incidents of Tesla’s on Autopilot have hit vehicles at scenes where first responders have used flashing lights, flares, an illuminated arrow board, or cones warning of hazards. Spirit Airlines (SAVE) cancelled more than 2800 flights between July 30 and Aug 9. The airlines blamed the disruption on bad weather, staffing shortages and technical problems. This massive disruption cost the company about $50 mil in revenue. The company says they’re making “tactical schedule reductions” for the rest of the Q3 to soften the blow of staffing shortfalls. CEO Ted Christie is offering an apology on behalf of their entire leadership team. Between the cancellations and “tactical changes” this will impact the company to the tune of $80-100 million in negative revs for Q3. “Big Short” investor Michael Burry is betting against Cathie Wood’s flagship ARK fund (ARKK). Burry’s Scion Asset Management bought 2,355 put contracts against the ARKK in Q2 and is holding on. The ARKK had a pretty good Q2 performance up 9% but down 10% so far in Q3. Cathie Wood then called out Michael Burry on Social Media after he bet against the ARKK. “To his credit, Michael Burry made a great call based on fundamentals and recognized the calamity brewing in the housing/mortgage market. I do not believe that he understands the fundamentals that are creating explosive growth and investment opportunities in the innovation space.” The Millennial Moment presented by our Mega-llennial, Nikki Ward discussed another Crypto Hacker story involving PolyNetwork, a cryptocurrency platform targeted in a massive heist last week, which saw the hacker, or hackers, make off with more than $600m worth of tokens. A hacker, who is referenced as “Mr. White Hat,” exploited a flaw in PolyNetwork’s code which allowed them to transfer the assets to their own crypto wallets. The hacker has returned most of the money, except $200 million of funds which are currently locked in an account that requires passwords from PolyNetwork and the hacker to gain access. PN is pleading with the hacker to provide the private key needed to retrieve the money. “Mr. White Hat” is a reference to ethical hackers who search for vulnerabilities in organizations’ systems that could expose them to attacks. Security researchers have questioned the labeling of the Poly Network attacker as a white hat hacker. The group said its promise to reward “Mr. White Hat” with a $500,000 bounty still stands, and even invited the hacker to become its “chief security advisor.” PolyNetwork said it “has no intention of holding Mr. White Hat legally responsible” for the hack. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Listen live on Wednesdays at 3 pm EST at MoneyRadio1510. Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team are joined by crypto guru, Jesse Markowitz owner of Your Personal Crypto Assistant. Do you think Bitcoin will hit $200K by 2022? The Team places their predictions for where the stocks future price will be.  This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Listen live on Wednesdays at 3 pm EST at MoneyRadio1510. Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team are joined by special guest, Jesse Markowitz owner of Your Personal Crypto Assistant. This is not a joke, the StockDr is going to talk about Cryptocurrency. Instead of rolling his eyes, putting his fingers in his ears, and singing “lalalalala,” like a kid who is about to be told “no”, the StockDr sits across the sound board from a cryptocurrency consultant to ask the question we are all wondering, “How is the wealth made”? Crypto consultant, Jesse Markowitz answers the biggest questions about the “social media investor” craze. How do I begin? Where do I buy it? How do I buy it? What should I start with? What is an NFT? Can Cryptocurrency be purchased through Robinhood? History of August in the Stock Market: This week so far, we have seen the markets reverse higher. The market has been up 8 out of the last 9 months so a pullback at this point won’t come as a surprise. Although the 3 major averages are still in strong uptrends. August isn’t the best performing month for the Stock Market. It is the third worst performing Months of the year. Additionally, the fact that July was a strong month notching 7 new highs, could make it a tough set up for August. History shows that it becomes more difficult for stocks to rise in August if the market cruises at record highs in July. Since 1950 the S&P 500 has averaged -1.3% in August after reaching at least one record high in July. And the S&P 500has never risen in August after making 7 or more record highs in July. Our Top 10 Holdings going into the Month of August at Siler Wealth Management 1) AAPL 2) AMZN 3) TSLA 4)  SQ 5) NVDA 6) CSX 7) DIS 8) NIO 9) GILD 10) PYPL This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Listen live on Wednesdays at 3 pm EST at MoneyRadio1510. Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team deliver an action packed episode featuring Big Tech, Earnings, Robinhood IPO, and more crackdowns in China. Fasten your seatbelts, turn the radio up, and get ready for a wild week in the Market. Earnings Results: Big Tech, Big Bucks AAPL doubled its earnings per share in fiscal Q3 from the year-ago quarter to $1.30 per share. Top-line sales of $81.4 billion grew 36% year over year. Gross margins reached 43.3% in the quarter, on $39.57 billion in iPhone sales. MSFT outperformed expectations in its fiscal Q4 report, with $2.17 per share. Revenues also beat, bringing in $46.15 billion, up from the $44.07 billion anticipated. Azure, its cloud business, grew the company’s top-line 21% on its own. Azure grew 51% for the quarter. GOOG posted a blowout Q2 with a 69% surge in advertising revenues: $27.76 per share was far better than the $10.13 per share reported a year ago. Revenues were $61.88 billion, compared to the $46.07 billion estimate. Operating income grew 19.3%, with Google Search up 62% in the quarter. TSLA surpassed $1 billion in net profit and beat on the top and bottom lines China may be performing well in the Olympics, but the government certainly doesn’t want their own companies winning any medals.  Reuters reported that China is barring for-profit tutoring platforms on core school subjects. The country has also introduced time caps and tutoring curfews, and notably, forbade the platforms from raising capital through IPOs as well as advertising their programs. Robinhood will start trading tomorrow under the ticker symbol (HOOD). Pricing somewhere between $38-42 with up to 1/3 of its shares going to Robinhood users. The company is offering IPOs at offering price to their customers as part of their mission to make markets accessible. From 2016-2021 half of the new brokerage accounts were opened at Robinhood. They made $522 million in Q1. They currently have 22.5 million accounts and $102 billion in assets. The Millennial Moment presented by our Mega-llennial, Nikki Ward discussed relocation incentives for remote workers. Can you think of a great fix for towns with a declining population or economy? Someone sure did, more than 40 towns across the U.S. are offering relocation incentives for remote workers. Incentives include anywhere from $2,000 to $20K in cash payments or housing assistance, plus perks like park passes & camping equipment to sweeten the deal. Is the housing boom over? New home sales come in below expectations, down 6.6%. After a year of frenzied buying and price gains in the double digits, newly built homes are now out of reach for much of the demand that remains in the market. Most of the homebuying is on the higher end of the market & builders can’t afford to put up affordable homes due to skyrocketing construction cost. Nationally, home prices were 16.6% higher than in May 2020, the highest reading in the S&P. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Listen live on Wednesdays at 3 pm EST at MoneyRadio1510. Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team are back to deliver your weekly dose of market commentary. Is it ethical for a university to mandate COVID-19 vaccines for students and employees? Netflix continues to underperform, and Carnival Cruise Line announced a new company update.  The Millennial Moment presented by our Mega-llennial, Nikki Ward tackles another cryptocurrency headline that hit the screens this week. A mother-son duo who allegedly swindled investors out of $12 million using an “AI Supercomputer” concept. The SEC has moved to shut down what it says is a Ponzi scheme run by a mother and son team out of Las Vegas, who allegedly walked off with more than $12 million after using social media promotors to entice at least 277 investors to invest in their company on the idea that they had developed a fool-proof, stock-picking supercomputer. Joy & Brent Kovar are accused of luring people to invest in their company’s technological capabilities, Profit Connect Wealth Services, Inc., encouraging them to tap into their retirement funds and pull equity out of their homes. The company, in return, guaranteed annual returns of up to 30% plus monthly compounding interest the right to withdraw their funds, penalty-free at any time, and with no fees.  Investigators say the Kovar's never engaged in any kind of investing activity and allegedly used the money instead to finance their lifestyles, buying homes and cars and paying off large credit card bills. In all, investigators say Joy Kovar transferred some $1.2 million to her own personal accounts and spent another $1.7 million on items for herself. It specifically targeted people looking to build up college funds for their children - Indiana University can require its roughly 90,000 students and 40,000 employees to get vaccinated for COVID-19 under a federal judge’s ruling that might be the first of its kind regarding college immunization mandates. Similar lawsuits have been filed in federal courts in Connecticut and California - CCL announced plans to resume guest cruises with 75% of its total fleet capacity by year’s end, despite concerns about the spread of the more infectious Delta COVID variant. The company will resume operations with 54 ships across eight of its nine brands. - NFLX, despite beating earnings projections nearly 80% of the time, Netflix has often missed sales expectations for the quarter and averages a loss 6.1% in the day following the print, according to 19 years of data from Bespoke Investment Group. The company has also raised guidance in just 11% of its second-quarter reports. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Listen live on Wednesdays at 3 pm EST at MoneyRadio1510. Stay in the loop by subscribing to The StockDr's Prescription email

Special guest, Ron Insana joins the StockDr & team this week.  This week’s meeting of the minds was brought to you by the Team @ Siler Wealth Management Listen live on Wednesdays at 3 pm EST at MoneyRadio1510 Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team are back to discuss all the compelling headlines with the Markets this week. AMZN, TSLA, DIDI, HOOD, and BTC continue to revel in the spotlight, I guess it’s true what they say, “there is no such thing as bad publicity”. Did a New York Lake just become the world’s largest hot tub? Stick around to find out! Amazon finally broke out this week from their 10-month base, the move transpired on very high volume. Their market capitalization has increased $102.86 billion since Thursday to reach $1.83 trillion. With this move, Amazon now joins the likes of Facebook and Google, unlike Netflix who continues to lag and hold their fellow FANG stocks back.  TSLA hit a company record for Q2 in deliverables, by announcing last week that they produced and delivered more than 200K cars to customers for the first time.  Robinhood is going HOOD, at least with their ticker. Last Thursday they filed an S-1 for an IPO. Robinhood’s funded accounts reached 18m vs. 7.2m in March 2020 (+151%). Assets under their custody are $80B vs. $19.2B in March 2020 (+417%). Revenue hit $522m in Q1 2021 vs. $128m in Q1 2020 (+309%). 60% of their sales come from payment for order flow, and they paid a record $70M fine to FINRA a day before filing its IPO papers.  Recent IPO DIDI got hammered yesterday as the Chinese government announced it would not allow new users to download the app while it conducts a cybersecurity review. App stores were told to stop offering the app 2 days after IPO on the NYSE. The directive came after regulators found Didi had illegally collected users’ personal data. In June they were probed for Anti-trust violations which were disclosed in their prospectus. REvil Hackers are back, and this time hacked more than 1 million systems through Kaseya, a software firm to a lot of small businesses including Dentists and Accounting Firms. They want $70 million in Bitcoin; this makes it the largest ransomware attack in history. The Millennial Moment presented by our Mega-llennial, Nikki Ward discussed complaints expressed by residents regarding the environmental impact a Bitcoin mining plant is wreaking on their small Bucolic Region of Upstate New York. At the Bitcoin Mining Plant, the computers operate 24/7, burning through an astounding amount of real energy, and producing real pollution, while collecting virtual currency. The plant draws 139 million gallons of water from Seneca Lake for cooling, then discharges 135 million gallons of the warmed water back into the lake. Locals have blamed bitcoin mining for heating up the largest of the Finger Lakes in upstate New York, with one saying it's "so warm you feel like you're in a hot tub”. The discharged water can be as hot as 108 degrees in the summer and 86 degrees in winter. Rising water temperatures can stress fish and promote toxic algae blooms. The plant currently has a permit to emit 641,000 tons of carbon dioxide every year, though if Atlas wants to maximize its return on investment and use all 106 MW of the plant’s capacity, its carbon pollution could surge to 1.06 million tons per year. If that’s the case, air quality and wildlife don’t stand a chance. This week’s meeting of the minds was brought to you by the Siler Wealth Management Team. Listen live on Wednesdays at 3 pm EST on MoneyRadio1510 Stay in the loop by subscribing to The StockDr's Prescription email

Oops!…They did it again, the StockDr & Team are back for another electric roundup discussing buzzworthy market and pop culture content hitting the news channels this week including a possible Bitcoin ETF and Brittney Spears' conservatorship battle. Special guest, Ryan Issakainen joined the Team this week to discuss all things ETFs and First Trust. Ryan is an ETF Strategist and Senior Vice President at First Trust portfolios. He's no stranger to the public, with appearances on CNBC, Fox Business, Bloomberg, the Wall Street Journal, Barron’s, and IBD, just to name drop a few. Facebook closed with a $1 trillion market cap on Monday, a 100% increase from 4 years prior when they hit $500 million. Joining the prestigious trillion-dollar club with: Apple, Microsoft, Amazon, and Google. Cathie Wood just might be the rocket fuel Millennials have been waiting for. She is readying a Bitcoin ETF to “launch to the moon” as Redditors would say (type?) If approved by the SEC, it will be the first crypto ETF in the United States. The Millennial Moment Spotlight presented by our Mega-llennial, Nikki Ward tackled the Britney Spears conservatorship. Was Britney Spears secretly trying to tell us what she was going through with her song titles? Womanizer, Toxic, Criminal, and Circus are just a few of her songs and adjectives to describe the private battle Britney has been fighting for years. WTF were we doing to not see a woman constantly spotlighted in the media so dimmed in her personal life? Britney Spears described a rigidly circumscribed existence, the result of a conservatorship, placed when a court deemed her unfit. Since then, she dropped album's bi-yearly, had a successful 4-year Las Vegas residency and toured worldwide. Despite her accolades, her father & conservatee, James Spears limits Britney to $2,000 weekly allowance. As the steward of her nearly $60 million dollar fortune, James's salary is $192 thousand plus commission. James has prospered off the back of his imprisoned daughter while she can’t afford the right to carry her own credit card, vacation, access her phone, remove her IUD, or get married without her father’s permission. The typical celebrity entourage prospers by catering to the star’s every whim, in Spears’s case, the opposite is true. This supposed madwoman in the attic is supporting a cast of thousands as they make a mint by keeping their benefactor prisoner.  This week’s popular take-a-ways: Brokerage firm Baird has thrown in the towel and stopped covering GameStop. They stated speculative trading made by retail investors made it too difficult to give reasonable recommendations. CCL shares fell after announcing they may sell as much as $500 million shares. This is a great representation of what dilution looks like. Honda reported that they wanted to be completely electric by 2040 & are partnering with GM. Analyst at UBS cut TSLA’s price target by 9.5% taking it from $730 to $660. Conflicting with the PT by UBS, Webush reiterated TSLA as a buy. Stay in the loop by subscribing to The StockDr's Prescription email  This week’s meeting of the minds was brought to you by the Siler Wealth Management Team

The StockDr & Team are back to discuss the unpredictable impulses within the market this week. The news of crypto crackdowns and shrinkflation take center stage. For the first time in months, crypto stocks took a hit in value, based on more than just a tweet by the self-proclaimed “Dogefather”, Elon Musk.  Bitcoin (BTC) dropped below $30,000 for the first time since the new year. That’s half of what it was worth just three months ago, and it is coming amid fears that China, where 65% of global BTC is mined, is trying to ban cryptocurrencies outright. The drop has wiped out nearly $400 million in value since last Friday, June 18th, which is when authorities in China’s Sichuan province ordered the crypto miners to shut down operations. Concurrently, with the Chinese Government, The Peoples Bank of China urged financial institutions not to provide services related to crypto activities.   90% of China’s crypto mining has been shut down and crypto mining takes up .5% of the world’s electricity annually. This means if BTC was a country, it would be #33 in power consumption. Power consumption for BTC mining numbers: United States 7.2% | Russia 6.9% | Kazakhstan 6.2% | Malaysia 4.3% The Millennial Moment presented by our Mega-llennial, explored the concept of Shrinkflation, albeit not new to the marketplace but rearing its ugly head.  Shrinkflation, by definition, is the practice of reducing the size of a product while maintaining the sticker price. This is a strategy companies use to stealthily boost profit margins.  The price of raw materials has increased dramatically, and companies are passing the increased cost on to consumers by giving them less product. The United Nation's FAO Food Price Index reported global food prices jumped in May, marking the biggest month-on-month gain since October 2010, and bringing the index to its highest point since September 2011.  The dramatic increase in the price of raw materials is placing food producers and grocery stores in a bind. The rising rates place them in a dilemma, to decide whether to increase the consumer's sticker price or to charge the same amount but shrink the package size. Because many shoppers tend to base their purchasing decisions on price, rather than examining the weight of the package, most producers and grocers are opting for the latter. Popular brand examples: Lay’s potato chips: party size bag reduced from 15.25 oz. to 13 oz.  orange juice: decreased by 7.8% to 69 ounces. Now it is down to 52 ounces, another 11.9% reduction. Charmin Ultra Strong: reduced from 286 sheets to 264. Great Value paper towels: selling for $14.97 for 30 rolls, but rolls have gone from 168 2-ply sheets per roll to 120. Effectively a nearly 29% price increase.  Double Stuffed Oreos: reduced from 16.6 oz. to 15.35 oz.  Goldman Sachs thinks this bull market has more room to run. Their estimate is that the current household has 44% in equity slightly below the all-time high of 46% in 2007. But they see high cash balances and continued retail participation will as bolstering demand. This week’s meeting of the minds was brought to you by the Team @ Siler Wealth Management Listen live on Wednesdays at 3 pm EST at MoneyRadio1510 Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team discuss the impact Elon Musk’s tweets continue to have on the Cryptocurrency market, Netflix holding the FAANG stocks back, market volatility, and the moral dilemma of permissible economic exploitation. The Millennial Moment Spotlight with our Mega-llennial touches on economic exploitation that’s perfectly legal, but is it right? There is a shift in the market again. Money is flowing back into mega cap tech. The FAANG names are all above their 50-day moving average except NFLX which is acting quite poorly. BTC jumped after Elon Musk said he would resume accepting BTC when its' clean energy usage reached reasonable levels. Our top holdings at Siler Wealth Management: AAPL, Griffin REIT, FTXH (pharma), FTXL (semi’s), JH Int’l Fund, GNOM (bio-tech), AMZN, TSLA, ARKK, XOM, DIS, NVDA, NIO, GILD, COST, CCL Listen live on Wednesdays at 3pm EST at MoneyRadio1510. Stay in the loop by subscribing to The StockDr's Prescription email

The StockDr & Team discuss, how to look at insider selling, AMC, Crypto, Biogen, & Amazon Sidewalk The Millennial Moment Spotlight by our Mega-llennial, Nikki Ward, focused on Amazon's newest feature, Sidewalk. If you own Amazon products like Alexa, Echo, or Ring devices, you have automatically been opted in by Amazon. Sidewalk "borrows" your internet bandwidth to share with your neighbor's devices. For Millennials, this seems to be the biggest intrusion since Apple automatically uploaded the U2 album to our phones. AMC…first a stock or a company is only worth what someone is willing to pay for it. That said, someone is obviously willing to pay $50+ for the stock. Research firm Webush Raised its PT on AMC from $6.50 to $7.50. Which is still about 85% lower from where it is. However, they did say with the money they have recently raised if used properly the stock could hit $10… All crypto currency’s are on the defensive as the FBI was able to recover most of the ransom paid by Colonial Pipeline. The investigators were able to access the p/w for one of the hackers' bitcoin wallets. This was recovered by a recently launched task force. The admitted hackers “Darkside” received $90 million before getting shut down. A landmark approval for Biogen (BIIB) and their Alzheimer therapy drug should be a big winner even if only used on a small percentage of the patients. This is a watershed moment BIIB and the 6 mil US patients with the disease. Cost of the drug is $56K per year, However, Biogen CEO Michael Vounatsos says the price will remain the same for 4 years. Week of June 7th: Top Sectors: Energy, Real Estate, Financials Weak Sectors: Healthcare, Inds, Consumer Discr. Listen live on Wednesdays at 3pm EST at MoneyRadio1510. Stay in the loop by subscribing to The StockDr's Prescription email Question for the team, contact us here. If you liked what you heard get more StockDr content here.

The StockDr & Team are back to discuss an interesting week in the market. Hear all about the JBS Cyber-Attack, TSLA, AMC, Ford's Electric Mustang, when to sell your growth or momentum stocks, and Robinhood's top-held stocks as we enter June. Millennial Moment Spotlight with our Mega-llennial: JBS, one of the worlds most prominent meat processing businesses, was the victim of a far-reaching cyber-attack this weekend. It immediately effected JBS’s production pipeline, halting processing operations at meatpacking plants in Canada, states like Colorado, Iowa, Minnesota, Pennsylvania, and Texas, as well as forcing the company to cancel entire lamb and beef kills across Australia. The one-two punch of the recent ransomware attacks shows no industry is safe. Is there a possible link between the popularity of Cryptocurrency and recent Ransomware Hacks? Meme Stocks: AMC stock had a great week, it doubled. The company sold 8 million shares to Mudrick Cap. Mgmt. @ $27.12 for $230.5 Mil. The use of proceeds are for potential acquisitions, upgrading theater’s and deleveraging. EV stocks are starting to look interesting. TSLA currently 30% off its high, NIO 36%, LI Auto 50%, FSR 56% and the ancillary stocks all down huge. Oil jumps to its highest level in two years just as we start the summer travel season. Robin Hood’s top held stocks as we enter June. 1) TSLA 2) AAPL 3) AMC, 4) SNDL 5) F 6) GE 7) NIO 8) DIS   9) MSFT 10) AMZN Our top 10 holdings at Siler Wealth Management 1) AAPL 2) FTXH 3) FTXL 4) AMZN 5) TSLA 6) DIS 7) ARKK  8) XOM 9) NVDA 10) COST Listen live on Wednesdays at 3pm EST at MoneyRadio1510. Stay in the loop by subscribing to The StockDr's Prescription email Question for the team, contact us here. If you liked what you heard get more StockDr content here.

In this episode, the Team and special guest, Dr. Randy Anderson discuss Amazon acquiring MGM, the home to James Bond, Rocky, The Handmaid's Tale, and Thelma & Louise, in what would be their biggest deal since acquiring Whole Foods in 2017. The team also touches on stock splits, viewer questions about the ARKK innovation ETF, and all about Griffin Capital. The Team was joined by, Dr. Randy Anderson, who serves as Chief Executive Officer of Griffin Capital Asset Management Company and Chief Economist of Griffin Capital Company, LLC. In addition, Dr. Anderson serves as Chief Investment Officer of Griffin Capital Advisor, LLC, Executive Vice President, Secretary and Trustee of Griffin Institutional Access® Credit Fund, and Portfolio Manager of Griffin Institutional Access® Real Estate Fund. They discuss everything from Amazon acquiring, stock splits, viewer questions, and all about Griffin Capital. Join our mailing list to get the latest news and content about the StockDr's Prescription and if you want a question answered by the team for next weeks episode, email: The StockDr's Prescription at feedback@stockdr.com  The Team goes live on-air every Wednesday at 3 PM EST with MoneyRadio1510. Listen along by downloading the app here. ...Past performance should not be relied upon as an indication of future results. Investing involves risks. Past performance should not be relied upon as an indication of future results. Actual results may vary. This is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by a prospectus. An investment in any products offered by Griffin Capital involves a high degree of risk and there can be no assurance that the investment objectives of the respective program will be attained. Griffin Capital and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

The StockDr and Team dive into AT&T, Millennials regretting their recent home purchases, and Fidelity thinking about giving a no fee brokerage account to teens. The Millennial Moment spotlight stole the show with a hot topic, Crypto Catfish. Since October 2020, consumers have reported losing more than $80 million to crypto-investment scams. Most recently consumers who lost $2 Million to fake Elon Musks are begging the FTC for help to get their money back.  You can listen live on MoneyRadio1510 Wednesdays at 3pm EST and Thursdays at 1pm EST using the MoneyRadio App

The StockDr and team are back with another episode on MoneyRadio1510. Hear about new events that will fill another chapter in the next generations American History books, cyber-security, and digital currency. We also get a chance to answer some viewer questions, if you have a question for next weeks episode email us at, feedback@stockdr.com.

Welcome back to another episode of the StockDr's Prescription Radio Show. On this episode the team touches on a couple headlines; Bill and Melinda Gates filing for divorce and the Berkshire Hathaway shareholders meeting getting contentious. You can catch the show live every Wednesday at 3PM EST on MoneyRadio1510.com or live on air at 12PM MST on MoneyRadio1510/105.3. 

Join the team for another episode of the StockDr's prescription brought to you by MoneyRadio1510. You can listen live on Wednesdays at 3PM EST or 12PM MST.

The team is joined by special guest, Ed Cofrancesco, CEO of International Assets Advisory. The gang discusses everything from cryptocurrency, Amazon's latest venture, and whether or not there is a disconnect between baby boomers and the concept of "self driving cars."

The team kicks off Q1 2021 Earnings Season with a meeting of the minds on current marketing conditions

Wash-sale rule whacks novice investors, woke capitalism, what money moves we're making for clients, & what to keep an eye on.

The Team is back for Episode 3 of the new StockDr's Prescription Radio Show which airs every Wednesday at 3pm EST & 12pm MST on Money Radio 1510 & 105.3 FM.

The team and new Co-Host, Bill Keevan, discuss online sports gambling, March Madness upsets, and recent money moves. 

This time last year, markets were anything but green. How does St. Patty's Day 2021 compare?

Nasdaq falls into correction territory, is the party over?

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The team deliberates speculation, the stock market, & everything in between

The team discusses the volatility behind GameStop's stock price and other companies including Apple ahead of earnings.

The StockDr & associates talk NFLX & chill (in Crocs?) to kick off earnings season & give their hot takes on current events & market conditions in 2021.

The StockDr's squad make their New Year market predictions & speculate on Jack Ma's whereabouts.

The team tackles Robinhood's responsibility or lack thereof & provides perspective on current market conditions.

The StockDr and team talk advantageous tax strategies, point-of-sale lending start ups, and IPO's for their Hanukkah episode.

The crew talks initial public offerings, income trends from 1975 to 2018, and inquire about proposed legalization of online sports gambling

The StockDr & team recap the record-breaking month of November

The StockDr and his team discuss how earnings and multiple vaccines have impacted the market. 

The StockDr & associates talk 3rd Quarter earnings, the election, & the betting odds. 

Stocks start October in the green 

Full steam ahead in the housing market & the team's other hot takes.

A historic August, grievances with Robinhood's lack of customer service, and stay at home stocks

The Doctors discuss the Apple stock split and the ongoing rally

The StockDr & team touch base on moves in the markets, mail-in voting, & misbehavior.

How speculation surrounding Vlad's vaccination efforts is fueling leisure stocks.

The team weighs in on the market

The team talks busy earnings week, baseball, & bitcoin.

The team takes on Tesla's fundamentals ahead of earnings

Leisure stocks trying to bottom.

The Oracle of Omaha loses in Airlines but up big in Apple, schools reopening, and Facebook in another controversy... again. Plus stocks we're watching.

Stealing from the rich?

Fed comments create selling in stocks

The StockDr and team discuss market recovery efforts.

Special Guest Paul Peterson from First Trust Portfolios Talks Economic Recovery

Biotech leadin' the way

Weekly dose of fiscal therapy

Live interview with Pete Winters of John Hancock Investments

Despite COVID-19, stocks rock the month of April

The StockDr and team discuss the negative oil prices and the effect it has on you

Hear the StockDr and his team discuss the crazy volatility of the markets.