Similar Posts
The Week Ahead: July CPI, Long WMT Short HD & AMAT
Reading Time: 5 minutesExactly one week ago the market was setting up for a scary open on Monday August 5. Buffett had sold half his Apple (AAPL) position and the BOJ had hiked interest rates to 0.25% threatening the yen carry trade. The…
The Bear Market Rallies of 2000-2002
Reading Time: 2 minutesHistory doesn’t repeat itself, but it does rhyme. – Mark Twain Tim Knight of The Slope of Hope put up an excellent post yesterday covering the bear market rallies of the 2000-2002 bear market. Again and again, powerful rallies were…
Data Center REITs Are A Conservative Way To Play AI
Reading Time: 4 minutesThe WSJ’s Dan Gallagher wrote an excellent overview of the recent tech stock market on Tuesday (“Picks and Shovels Still Rule The AI Tech Trade” [SUBSCRIPTION REQUIRED]): Investors are choosing the companies on the receiving end of big tech’s spending…
The Market Is Breaking Down: S&P: Failed Breakout, NVDA: Exhaustion Bar, CRM: Beneath The Surface Another One Bites The Dust
Reading Time: 4 minutesOn Thursday, the S&P closed below 5,250 – the breakout level from March 28. This is what is called a “failed breakout” in classical technical anaylsis. “From failed moves come fast moves”. In other words, we are looking at a…
When John Chambers Speaks, People Listen
Reading Time: 3 minutesThe primary driver of today’s selloff is concerns about Cisco’s (CSCO) forecast. Cisco reported a good quarter after the close yesterday, even though revenues of $10.84 billion fell $40 million short of analyst estimates. But CEO John Chambers was a…
Value In WBA
Reading Time: 2 minutesThere’s not a lot happening on the earnings front this week but one stock that I own that is reporting is Walgreens (WBA). The stock has been a disaster for me but it may be bottoming. On October 10, the…
