TSLA Is A Buy
Those of you who have followed me for a long time probably thought you’d never hear this: Tesla (TSLA) is a buy. My beef with TSLA was always that it was significantly overvalued but that is no longer the case….
Those of you who have followed me for a long time probably thought you’d never hear this: Tesla (TSLA) is a buy. My beef with TSLA was always that it was significantly overvalued but that is no longer the case….
At the end of 2021 I said that inflation would be the theme of 2022. In 2023 everybody will be saying the R word: recession. While inflation has been mostly tamed by the Fed’s aggressive rate hiking, the market hasn’t…
Terrible earnings reports from Micron (MU) yesterday afternoon and Carmax (KMX) this morning add further support to the idea that we’re headed into a recession next year and stocks have not bottomed. Let’s start with MU. Revenue was almost cut…
NOTE: The options trade recommended in this blog is risky. You could lose all of your money. Only invest a small amount of money if you decided to take the trade. Chip maker Micron (MU) is set to report FY231Q…
Note: Selling naked calls – the option strategy recommended in this blog – is a risky strategy. In theory, your liability is unlimited should the stock surge above the strike price. Only sophisticated investors should take this trade. Food company…
NOTE: The options trade recommended in this blog is risky. You could lose all of your money. Only invest a small amount of money if you decided to take the trade. The used car market was on fire during the…
While the calendar slows down dramatically heading into the last two weeks of 2022 there are a few earnings reports worth paying attention to next week: Federal Express (FDX), Nike (NKE) and Micron (MU). Let’s start with FDX which reports…
Adobe (ADBE) – the company that makes graphic design software – reports earnings Thursday afternoon and I think the stock is at risk. That’s because when times get tough companies cut marketing and advertising budgets and ADBE makes the software…
Darden Restaurants (DRI) – owner of the Olive Garden and other popular middle class chains – reports earnings Friday morning. The stock has had a great run the last six months but I think it’s time to sell. As inflation…
Next week is the last with significant data and events of 2022. First comes the November CPI Report on Tuesday December 13 at 8:30am EST. As long as it isn’t above October’s 7.7% I think the market should be fine….