Seeking catalyst driven opportunity
Key Points The “Magnificent Seven” is a cohort of stocks that includes market leaders, mostly in the tech sector. This group is made up of: Nvidia (NASDAQ: NVDA) Apple (NASDAQ: AAPL) Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) Microsoft (NASDAQ: MSFT) Amazon (NASDAQ: AMZN) Meta Platforms (NASDAQ: …
We’ll dig into Micron’s blowout quarter and how my system is helping find winners from the next phase of the AI boom Listen to the audio version of this article (generated by AI). In 1909, Theodore Roosevelt left the White House and set out for …
PepsiCo, Inc. PEP used its second-quarterearnings callto argue that the bigger story is not the modest earnings beat, but the split between a resilient international engine and a North America business still being rebuilt around affordability, portfolio shifts and away-from-home expansion. Management reaffirmed the company’s …
Key Points Netflix shares have fallen 29% since its last quarterly report, so expectations are low heading into next week’s financial update. Netflix is now trading for less than 20 times next year’s earnings, a historical low for a company with a rich history as …
Micron Technology MU received another vote of confidence from the auto industry after signing a long-term agreement with Ford F to supply memory and storage solutions for the automaker’s next-generation vehicles. The deal comes just days after Micron announced a similar supply agreement with General …
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Global X Artificial Intelligence & Technology ETF (Symbol: AIQ) where we have detected an approximate $356.2 million dollar outflow — that’s a 3.4% decrease week …
Key Points After its record-breaking initial public offering (IPO) and follow-up bond offering, Space Exploration Technologies (NASDAQ: SPCX) now has more than $100 billion in fresh capital to deploy. Expect this cash to be deployed quickly. SpaceX is currently losing money at a record pace, …
In the June 12 update, when the S&P 500 () was trading at around $7,422, I showed, using the Elliott Wave Principle, that a bounce to $7,440-7,525 followed by a decline to $6,840-7,075 was expected. Fast-forward to today: the index peaked on June 15 at …
The Iranian conflict has assuredly revealed the vital role of military drones in modern warfare. And it has also exposed the underlying economics behind drone defense, namely the deployment of multimillion dollar missile interceptors to shoot down one-way attack drones which typically only cost between …
Key Points Apple’s share price has fallen in recent weeks due in part to worries about the company’s price increases. Each time the stock has pulled back in the past presented a great buying opportunity for long-term investors. Apple’s current challenges are different in some …