Calafia Beach Pundit

Key Market Indicators Updated

Scott Grannis, the Calafia Beach Pundit, says that although the stock market is high historically, there is still considerable skepticism and caution present. Thus, if the coronavirus and certain political disquiet were to fade, he says that there still seems to be substantial room for a further advance in equity prices. [more]

McClellan Chart-In-Focus

Crude Oil’s Drop Was Foretold By Gold

The latest McClellan Chart-In-Focus report from McClellan Financial Publications postulates that there is a strong relationship between movements in the price of gold and the price of crude oil. This association indicates that oil will bottom in… [more]

Analyst Articles

Uber and Lyft 2019 Performance and 2020 Guidance

Uber and Lyft, the two largest ride-sharing companies competing to be the leader in the global markets, just released their Q4/2019 earnings and guidance for 2020. In 2019, Uber had quarterly net loss of US$1.1B and annual loss of US$8.5B; Lyft had quarterly net loss of US$356M and annual loss of US$2.6B. Both plan to be EBITDA positive by the end of 2020. [more]