Stocks rallied Friday as The Fed Whisperer Nick Timiraos penned a column suggesting that the Fed may be close to pivoting to a less hawkish stance. Timiraos suggested that – while the Fed will raise another 75 points on November…
Snapchat (SNAP) just reported 3Q22 earnings and the stock is cratering. It is currently -25% in the after hours. And I’m shocked because I actually thought it was a good report! What seems to be unnerving investors is SNAP’s guidance…
Former social media app darling Snapchat (SNAP) has been left for dead – and rightfully so. Revenue growth fell off a cliff in its disastrous 2Q22 to just +13% and Adjusted EBITDA was essentially breakeven at $7 million. SNAP wouldn’t…
Netflix (NFLX) just reported a solid 3Q22 and its shares are currently +15% in the after hours. After two consecutive quarters of declining paid memberships NFLX added 2.41 million in 3Q22 and guided 4Q22 paid additions to 4.50 million. At…
Consumer staples behemoth Procter & Gamble (PG) reports 3Q22 earnings tomorrow morning. PG’s brands like Tide laundry detergent and Crest toothpaste are some of the best known and highest quality but they come at a premium. The question is: Are…
It’s been a few days since last Thursday’s stunning reversal giving us some time to sort out what it means. As predicted some found technical analogies to support the idea that the price action suggested a bottom was near. The…
When people talk of a “price level” they have in mind the image of a level of a liquid which goes up or down according to the increase or decrease in its quantity, but which, like a liquid in a…
The much anticipated September CPI Report came out this morning before the market opened hotter than expected. The CPI increased 8.2% year over year and 0.4% month over month – above expectations. The Futures were up big before the report…
When I see a chart like the one above of leading drugstore Walgreens (WBA) I want to find out why it’s essentially straight down. For example many tech stocks have charts that look like WBA’s this year due to rising…
Pepsi (PEP) just reported solid 3Q22 earnings for the quarter ended September 3. Organic Revenue at the $225 billion food and beverage behemoth increased 16% compared to a year ago. Importantly this was due to pricing power as volume actually…