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PLTR & DIS Earnings Reactions Suggest The Market Is Overvalued
Reading Time: 4 minutesOn Monday, the S&P broke through its 50 DMA and it is marginally up again Tuesday morning. It is now towards the top of the range that it has been trading in since the March 28 high around 5250. But…
Why The S&P Will Drop 25% in 2025
Reading Time: 6 minutesIt’s been a great time in the market with the S&P +31.46% over the last year. But – for a number of reasons – I suspect 2025 will surprise many in being a bad year with the S&P dropping 25%….
Market Shows A Pulse
Reading Time: 2 minutesAt about 2:15pm EST, the bulls made a stand and pushed the S&P up 29 points (2.10%) in the last hour and 45 minutes. Volume on the popular stocks and ETFs that I looked at all picked up as the…
Some Of Today’s Story Stocks: Lowe’s, Goldman, Google
Reading Time: 3 minutesJust a pretty slow Monday. Here are some stocks making news today: Lowe’s (LOW) reported fiscal year 4th quarter earnings before the open this morning. Same stores sales were down 7.6% from a year ago, revenue was essentially flat and…
Netflix Shares Go Parabolic
Reading Time: 1 minuteAdmittedly, Netflix (NFLX) is kicking butt. Its fundamentals are superb with 20%+ quarterly subscriber, revenue and earnings growth. But mightn’t the stock have gotten a little ahead of itself after a 250% run over the last 18 months? I’m not…
Pandemic Darling ZM Down > 50% From Highs
Reading Time: 2 minutesWhile my focus is the intraday reversal in the QQQ and a potential market top, a secondary story Monday was earnings from pandemic darling Zoom (ZM). The report looked fine to me with revenue of $1.051 billion and EPS of…
