Tesla is adding another few billion dollars to its market cap this morning on news it will sell 35,000 cars this year. Ford, meanwhile, sold 45,000 F-150s in January. Tesla’s $30 billion enterprise value implies their having the entire electric car business to themselves forever. Okay sure. In the meanwhile, Facebook announced a deal to…

The huge news from last night is that Facebook has just agreed to buy WhatsApp, a four-year-old text messaging company with 450 million users and 55 employees, for $19 billion. That’s not a typo, nineteen billion dollars. Text messaging. Kevin Systrom may have sold out his Instagram too early, he only got a billion dollars…

Today I said it would probably be prudent to take profits in Tesla if you caught the move past 200. The market gods loved that one.

From the folks at ChartOfTheDay.com: Over the past three years, the Shanghai Composite Index has traded within the confines of a relatively steep downward sloping trend channel. Over the past month, the Shanghai Composite has worked its way higher to where it is testing resistance (red line) for the 7th time since early 2011. Josh…

“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change. In the struggle for survival, the fittest win out at the expense of their rivals because they succeed in adapting themselves best to their environment.” A lot of people…

This premiered on Jimmel Kimmel last night, looks pretty cool. Even if it didn’t, my kids wouldn’t let me skip it anyway 🙂

via International Business Times: How do you picture the stock market: a bunch of guys yelling at computer screens on Wall Street? A long list of figures in the paper? Or, perhaps, an ever-shifting, higher dimensional jewel? The latter vision is that of Ovidiu Racorean, a Romania-based researcher for a hedge fund. He has an…

361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…