Joshua M Brown

Tesla goes old school with a 5-for-1 split

CNBC: Tesla announced a five-for-one stock split on Tuesday evening. The split goes into effect on August 31. Tesla shares rose more than 6% in post-market trading even though the stock split changes nothing fundamental about the stock. Theoretically, the move could mean more smaller investors could afford the stock, but those investors are minuscule compared to major institutions. What’s…

Nasdaq is the new S&P 500

Subscribe to The Compond here! On an all new What Are Your Thoughts? QQQ vs SPY Stocks have had positive returns in 95% of all rolling 10-year periods – but what was the worst 10 years? Exxon is preserving its dividend by suspending employees’ 401(k) match! Technicians vs Macro Experts The investor’s dilemma – when…