As we enter the 2nd full week of 3rd quarter earnings, one of my focuses will be the leading defense stocks – Lockheed Martin (LMT), RTX (RTX), General Dynamics (GD) and Northrop Grumman (NOC) – all of which report next…
In “Legendary Days: Adventures In San Diego”, I wrote about Cava (CAVA), a fast casual Mediteranean restaurant chain that I think could be the next Chipotle. In this blog, I want to introduce you to another great fast casual restaurant…
After fending off the depression from having my right wrist put in a cast last Thursday morning due to damage to my TFCC tendon that I injured lifting weights, I have returned to my nefarious ways. After placing 14th out…
Costco (COST) is a truly great company. Shoppers love it because of the great value it provides and investors love it as well because of its consistently excellent financial performance. There is no question about the quality of the company….
Chip maker Micron (MU) was one of the best performing semiconductor stocks heading into its June earnings report – up 118% over the previous 12 months, trailing only NVDA among stocks in the Philadelphia Semiconductor Index over the period. Since…
The S&P broke out to new all time highs Thursday in the wake of the Fed’s 50 basis point cut to the Federal Funds Rate on Wednesday. While it is consolidating a bit today (Friday), as long as it stays…
Up until Thursday it was looking like the Fed would play it conservatively and cut rates by 25 basis points on Wednesday. But then Nick Timiraos – known as The Fed Whisperer – published an article on WSJ.com that appeared…
One of the more amusing things I’ve seen in recent years – and there have been many – was Oracle’s (ORCL) forecast for $104 billion in revenue in FY29 at a meeting for financial analysts on Thursday. Let me put…
Market Commentary: JP Morgan (JPM) is down 7% today after President and COO Daniel Pinto said “Net interest income (NII) expectations are a bit too high. Next year is going to a bit more challenging” at an industry conference. Ally…
Technicals: The S&P closed last week at 5,408 – just above 5,400 which is an important level because the S&P has spent so little time below it in the last three months. In other words, below that level almost everyone…