NKE: This Is When You Back Up The Truck
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…
-
-
KSS Is In A Death Spiral; No Reason To Buy Bad Companies
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…
-
NVDA Earnings And The State Of The Market
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%…
-
A Correction Is Upon Us
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…
-
Tue Feb 4 Earnings Rundown: GOOG/GOOGL, CMG, PYPL, SNAP, MTCH
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…
-
STZ Earnings Selloff Prices In Mexico Tariff Concerns
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…
-
With Rates Rising Rapidly, Extreme Valuation May Now Be A Problem
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…
-
Why Is The Fed Cutting Rates? Value In The Dating App Stocks, Homebuilders Breaking Down
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…
-
No Value In Stocks
When I used to play poker at Casino M8TRIX in San Jose before I moved to Davis, there was a dealer named Errol who liked to trade stocks using technical analysis. One of the stocks that he was bullish on…
-
BBY & DKS: A Tale Of Two Retailers
Two well known national chain retailers – Best Buy (BBY) and Dick’s Sporting Goods (DKS) – both reported earnings Tuesday morning. BBY shares are off 7% in reaction to their report while DKS is up 8% in reaction to its…
