Netflix (NFLX) reported 4Q22 earnings after the close just now. Net streaming subscribers – its key metric – beat expectations, increasing by 7.66 million. NFLX stock is currently +5% in the after hours. While the 4Q22 net streaming additions number…
Credit card company Discover Financial Services (DFS) reported 4Q22 earnings after the close Wednesday. DFS has a total loan portfolio of $112 billion – $90 billon of which is credit cards. When consumers start feeling financial stress, it shows up…
Goldman Sachs (GS) is the premier investment bank in the world and arguably the greatest of all time. However – after an analysis of its 4Q22 earnings – I believe it is a bull market stock and should be sold….
The market is closed on Monday January 16 for Martin Luther King Day. Goldman (GS) and Morgan Stanley (MS) report earnings Tuesday morning. The big event next week may come from the Bank of Japan which I believe will make…
This morning the Big 4 commercial banks – JP Morgan (JPM), Bank of America (BAC), Wells Fargo (WFC) and Citigroup (C) – kicked off 4Q22 earnings season. And while the current results looked fine, I expect the banks to run…
There’s not a lot going on this morning but I’ll touch on a few things to keep an eye on. The most important event this week is the December CPI on Thursday morning at 8:30am EST. In this morning’s WSJ,…
Conagra Foods (CAG) – maker of frozen foods like Marie Calendar’s and Healthy Choice – is one of the most boring stocks in the market. But they just reported monster numbers for their quarter ended November 27, 2022. What does…
Very few people talk about Intel (INTC) these days but it’s still a great company and after a brutal beatdown the last two years the $110 billion chip maker presents a nice entry – especially for those seeking current income….
The stock market is closed on Monday January 2, 2023 in observance of New Years. TESLA DELIVERIES: The first thing on everybody’s radar for the new year will be Tesla (TSLA) 4Q deliveries out Monday. The estimate – according to…
When I went shopping on Tuesday morning I was surprised at how expensive groceries have become – especially the price of eggs. As you can see in the receipt above I paid $8.48 for 18 eggs. I learned from a…