No doubt Chipotle Mexican Grill (CMG) is a great company. They dominate the fast casual space with quick, high quality food at a reasonable price. But the latter – reasonably priced – can no longer be said of their shares….
The great geopolitical analyst and theorist Robert Kagan wrote a long article on Chinese ambitions for the WSJ’s Review section this past weekend: “Challenging The US Is A Historic Mistake” [SUBCRIPTION REQUIRED]. I highly recommend it for laymen like myself…
Thankfully, next week will slow down from last week’s epic pace so that perhaps we can catch our breath. Nevertheless, there are a few earnings reports that I’ll be focusing on: Simon Property (SPG), Uber (UBER) and PayPal (PYPL). The…
Right now in the stock market we have as clear a divergence as I can recall between what the technicals are saying and what the fundamentals are. As far as the technicals, the S&P is above its 200 DMA, above…
Sentiment became euphoric Thursday on the back of META earnings yesterday afternoon sending the NASDAQ up 3.25% and the S&P 1.47%. Unfortunately – as I suggested in my blog this morning (“The Bear Market Has Been Cancelled”) – price was…
With the stock market surging higher – and key technical indicators turning bullish – it’s hard not to believe that the bear market has been cancelled. Why would stocks be rallying so hard otherwise? This is a good time to…
Meta (META) reported a better than expected 4Q22 after the close Wednesday. Revenue was off only 4% compared to a year ago – with many concerned it would be a lot worse. In addition, META continues to tighten up its…
The bulls were bordering on euphoric heading into the close Tuesday but Snapchat (SNAP) has thrown cold water on them with another disappointing quarter. As you can see in the tweet above by Benzinga, Daily Active Users (DAUs) and Revenue…
Get your beauty sleep this weekend because next week is poised to be epic. In addition to a Fed Decision on Wednesday, we have Big Tech earnings. The market ramped up last week with the S&P breaking out above its…
The precious metals have been on fire the last four months and The Wall Street Journal took notice this morning in an article on the front of their “Business & Finance” section. The most popular gold and silver miners ETFs…