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Top Gun FP Client Note: The Limits Of A Commodity Led Stock Market
Reading Time: 9 minutesNOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…
The Worst Stock In The World, The Math Behind UBER $1 Trillion
Reading Time: 3 minutesI can’t decide which stock is worse: Snapchat (SNAP) or Lyft (LYFT). SNAP is making a strong case this morning after reporting 4Q23 earnings Tuesday afternoon. The stock is currently -30% in the premarket and on pace for its 7th…
Markets Stop On A Dime And Shoot Upwards – S&P Rallies 25 Points In An Hour
Reading Time: 1 minuteWell, well, I have no idea why but: S&P 1 Day Chart. UPDATE (Wed 10/24, 8:45pm PST): It seems that the reason for the late day surge was rumors of an emergency rate cut from the Fed (subscription required, free)….
Intel Drastically Cuts 4Q Revenue Forecast
Reading Time: 2 minutesRevenue is being affected by significantly weaker than expected demand in all geographies and market segments. – Intel Press Release, 11/12/08 After the close yesterday, chip giant Intel (INTC) cut their 4th quarter revenue forecast by about 15% from a…
Best Buy: Worst Retail Environment Ever
Reading Time: 3 minutesSince mid-September, rapid, seismic changes in consumer behavior have created the most difficult climate we’ve ever seen. – Brad Anderson, CEO, Best Buy In 42 years of retailing, we’ve never seen such difficult times for the consumer. People are making…
DOCU Disaster: Catch This Falling Knife
Reading Time: 3 minutesThere are a lot of poorly performing stocks since the November 22 top in the NASDAQ but few can compete with Docusign (DOCU). DOCU lost almost half its value after its previous earnings report in December and is poised to…
