While most investors are focused on Microsoft (MSFT), I’m more interested in Capital One Financial (COF) which reported 4Q22 earnings Tuesday afternoon as well. COF has a $312 billion loan portfolio, $132 billion of which is domestic credit cards and…
The S&P closed above its 200 DMA Monday on hope that the Fed is close to done in its fight against inflation and the economy will avoid a recession. Investors are pricing in a “Goldilocks scenario” according to Liz Ann…
Stocks are bouncing hard into the start of 4Q22 earnings season as investors anticipate the end of the Fed’s rate hiking cycle. The Fed Whisperer Nick Timiraos had a must read article on the front page of today’s Wall Street…
The other night I watched the excellent Netflix documentary Untold: Breaking Point about Mardy Fish’s struggles with debilitating panic attacks after his ascent to the top of the tennis game a decade ago. Andy Roddick – a close friend of…
4Q22 earnings season picks up steam next week. While the headliners are Microsoft (MSFT) and Tesla (TSLA), I’m focused on credit card companies Capital One Financial (COF) and American Express (AXP), railroads Union Pacific (UNP) and CSX, and home builder…
Netflix (NFLX) reported 4Q22 earnings after the close just now. Net streaming subscribers – its key metric – beat expectations, increasing by 7.66 million. NFLX stock is currently +5% in the after hours. While the 4Q22 net streaming additions number…
Technical Analysis is bullshit. You can always find a line to draw that makes it look like support or resistance. For example, I remember technicians on Twitter talking about the 200 Week Moving Average being support at the end of…
Credit card company Discover Financial Services (DFS) reported 4Q22 earnings after the close Wednesday. DFS has a total loan portfolio of $112 billion – $90 billon of which is credit cards. When consumers start feeling financial stress, it shows up…
Goldman Sachs (GS) is the premier investment bank in the world and arguably the greatest of all time. However – after an analysis of its 4Q22 earnings – I believe it is a bull market stock and should be sold….
In this blog, I’m going to review the four major hands from my last $2/$3/$5 poker session at Casino M8TRIX in San Jose, CA. On the first hand I picked up two black Aces in early position and raised to…