Talk about the probability of a recession has increased of late as stocks have gotten hit. Mark Zandi puts it at 35%. Jeff Gundlach thinks it’s higher than 50%. One thing I was taught is an important indicator of a…
The S&P reclaimed its 200 DMA on Monday after comments from the Trump Administration over the weekend about reducing the scope of tariffs. However, yesterday it failed to hold it, closing 44 points below it. The 200 DMA is the…
I’ve had my eye on Nike (NKE) for a year and a half now, initiating a starter position 9 months ago, and waiting for a moment to go bigger. This is it. First let’s talk about the quarter. It was…
Department store Kohl’s (KSS) reported another disastrous quarter Tuesday morning before the open and shares are being taken to the woodshed (-24%). KSS shares are now down more than 80% over the last three years. I used to be fatally…
Nvidia (NVDA) reported its much anticipated 4Q earnings after the close. It was a mixed bag. On the one hand, revenue growth continues to astound. 4Q revenue of $39.3 billion was up 78% compared to a year ago and 12%…
You are starting to see some of these things stack up. And then the question just becomes, are there enough of these things to tip the market over? – Michael Brenner, Asset Allocation Strategist, FBB Capital Partners, quoted in the…
The big stock that reported earnings Tuesday afternoon was of course Google (GOOG/GOOGL). GOOG/GOOGL is of course one of the greatest companies in the history of capitalism. They own search on the internet through Google and that is not likely…
Shares of Constellation Brands (STZ) are getting hit hard today (-17%) after reporting 3QFY25 earnings. The stock has been dealing with concerns about Trump placing 25% tariffs on imports of Mexican goods since Mexican beers like Modelo, Corona and Pacifico…
Probably the most important development in financial markets over the last few months is the steep rise in interest rates. Since the Fed started cutting rates with a 50 basis point cut on September 18, the 10 year yield has…
The Fed is going to cut rates a quarter point on Wednesday – but it shouldn’t and it doesn’t seem like it wants to. The stock market is at all time highs, Bitcoin is over $100,000 and inflation remains stubbornly…