hapabapa/iStock Editorial via Getty Images Cisco Systems, Inc. (NASDAQ:CSCO) is looking very well-positioned after beating analyst expectations in the company’s most recent earnings report, despite showing the largest declines in revenue seen in 15 years. During the fiscal third-quarter period, Cisco recorded per-share earnings of $0.88 (surpassing analyst estimates of $0.82) alongside revenues of $12.7…
cemagraphics Last weekend’s article warned to get “Ready for the Squeeze” and concluded there are “good odds of a move higher” in the S&P500 (SPY). This played out to a point, but the move higher exceeded my expectations and now looks more than just a short squeeze. Wednesday’s session had a chance to form a…
cemagraphics An eventful week ended in little net movement – the S&P500 (SPY) closed just +28 points higher. However, the combination of a dovish FOMC and softer labor market readings did help drive a strong Thursday and Friday. The lack of a further rally could simply be a case of stopping the clock on the…
S_Z Apple, Inc. (NASDAQ:AAPL) was largely able to quell market fears into the end of last week, as the iPhone producer released a quarterly earnings report that slightly beat prior estimates (both in terms of income and revenue) and announced the largest share buyback program in the company’s history. But while these results technically fall…
cemagraphics Last weekend’s article was titled “Capitulation” and speculated that the S&P500 (SPY) had made a short-term bottom at the futures low of 4924. It concluded, “5048-5050 is the initial target, but should eventually break for 5108.” That largely played out as the high of the week came in at 5114. However, this was likely…
vzphotos Alphabet, Inc. (NASDAQ:GOOG) shares are seeing a massive spike higher, as the tech giant’s first-quarter earnings release showed better-than-expected results in both revenue and earnings. On the revenue side of the equation, Alphabet saw strong annualized growth rates of 15% (which is the best quarterly performance that the company has reported since the beginning…
cemagraphics Escalations in the Israel/Iran conflict ensured the “new phase” in the S&P500 highlighted in last weekend’s article continued lower as expected. The break of 5048-56 suggests a large correction should eventually target an undercut of 4818. While this is a useful medium-term expectation, it leaves a lot of unanswered questions in the near-term. Perhaps…
Cesare Ferrari Investment Thesis Apple Inc. (NASDAQ:AAPL) has lost the title of the world’s most valuable company, hitting its worst performance in over a decade. So far this year, the firm’s stock has been down approximately 5%. Meanwhile, Microsoft (MSFT) has surged by over 13%, overtaking Apple to the top global market value. Since late…
cemagraphics It’s been two weeks since my last article, and there have been some significant developments. On the macro side, “higher for longer” rate expectations are back and the first cut is now expected in September rather than June or July. On the technical side, the S&P 500 (SPY) has finally broken its trend channel…
Quantum Cats is a collection of 3333 Ordinals Inscriptions that evolve over time, to reveal different artwork.This is the first ever collection of Inscriptions that will evolve over time, and was created in a time of high fees and an unpredictable future fee market. This is not an article about the aesthetic virtues of the…
MF3d Investment Thesis NVIDIA Corporation (NASDAQ:NVDA) has been the wonder of the past 12 months, becoming a household name amid the artificial intelligence (“AI”) revolution. Over a short period, it has become a trillion-dollar empire designing and developing chips that make AI work. Following the rally, Nvidia has become the third largest company behind Apple…
Eoneren By Levi at Elliott Wave Trader; Produced with Avi Gilburt. Back in November of last year, we highlighted a bullish setup for Infosys Limited (NYSE:INFY) to the readership. Using the NYSE-listed symbol INFY, the price was at $17.51 at the time of publication. The stock advanced up to $20.74 before beginning the current pullback….
monsitj Bristol-Myers Squibb, Inc. (NYSE:BMY) is in the health care sector and in the pharmaceutical industry. While not a factor in my analysis of the company, BMY is expected to have 2024 annual revenue of $45.85B and annual earnings per share of $6.83. BMY is also yielding a safe 4.43%. In this article I will…
cemagraphics The S&P500 (SPY) ended Q1 and the month of March at 5254. It has gained 28% in less than six months and now has a PE ratio of 24.6. How can anyone buy this high?! Actually, it’s not that difficult; the key is to blank out how overvalued you think it may be, or…
Michael M. Santiago Thesis My last article, published in Oct. 2023, argued for a BUY thesis on Goldman Sachs Group (NYSE:GS) when it was trading near its tangible book value at that time. As argued in our article: Buying good banks such as GS at (or near) their tangible book value (“TBV”) is a no-brainer…
monsitj In this article I outline how I will allocate the money in my retirement fund for the month of April. I will use the 10-month exponential moving average (EMA) and a relative strength ratio to determine where my money will go among four ETF choices: SPDR S&P 500 ETF (NYSEARCA:SPY) , Vanguard Extended Market…
hapabapa Was March 8th the blow-off top? The VanEck Semiconductor ETF (NASDAQ:SMH), which tracks the performance of the MVIS US Listed Semiconductor 25 Index, is possibly forming a blow-off top pattern. After a sharp reversal on March 8th, SMH bounced weakly in reaction to the Fed’s dovish meeting, which appears to be a “lower high..”…
Mihaela Rosu Thesis The thesis of this article is very simple. I will argue that Verizon Communications Inc. (NYSE:VZ) is now well poised to break a multi-year downward trend. The argument will be supported by both fundamental and technical analyses. Fundamentally, the stock presents a compelling investment opportunity under current conditions combining excellent value (with…
Jae Young Ju By Levi at Elliott Wave Trader; Produced with Avi Gilburt. Someone we consider among the preeminent fundamental analysts in the financial world affirms that Tesla, Inc. (NASDAQ:TSLA) stock predominately trades on “sentiment and technicals.” This is our own Lyn Alden. Now, if you dig a bit deeper, you will next discover that…
cemagraphics The S&P500 (SPY) made a lower high this week for only the second time since the rally started back in October 2023 and the first time since the week of 2nd January. This is another shift in behaviour to add to those outlined in last weekend’s article and there is growing evidence the bulls…
cemagraphics The S&P 500 (SPY) worked its way to another new all-time high of 5189 this week, just above the Fibonacci target of 5179 outlined in my last article. To be honest, I nearly shut down my screens early on Friday as it surged higher – after all, 16 out of the last 18 weekly…
Sundry Photography We just added Applied Materials (NASDAQ:AMAT) to our Robo24MP Model Portfolio because it has our proprietary SID Buy Signal which is required to get into this portfolio. With this Robo portfolio we delete stocks when they lose our SID Buy Signal and replace them with stocks that have a strong SID Buy Signal….
Monty Rakusen Curtiss-Wright Corporation (NYSE:CW) offers engineered products and services worldwide to industrial aerospace and defense markets. CW recently announced its annual and quarterly results, which I will analyze. CW looks fundamentally and financially strong. But I think now is not the right time to enter the stock. So, I assign a hold rating on…
cemagraphics Last weekend’s article detailed a “Window for a Reversal” for the S&P500 (SPY) after it tested the 5107-12 target. It’s tempting to get carried away when a market stops exactly where you thought it would and drops 50 points, but there were two key things needed to confirm a reversal – a break of…
Jacob Wackerhausen Alphabet Inc. (NASDAQ:GOOG)(NASDAQ:GOOGL) reported strong financial growth in Q4 and full year 2023 which sets the stage for future growth in coming years. This strong growth is observed using the quarterly and yearly revenues, operating income, operating margin and net income. Alphabet is continuously involved in AI development and is poised to further…
Yuichiro Chino/Moment via Getty Images The S&P 500 (SPY) blew off to new all-time highs this week, mirroring the projections outlined in last weekend’s article. Not only did the index “take a step back on Tuesday’s re-open and drop to test the 4950-60 area,” it then rebounded to the target area at “the cluster of…
georgeclerk/E+ via Getty Images Return Reaches Extreme The Thursday 105 point rally in the S&P 500 (SP500) pushed the collective returns over periods of 12.5, 25, 50, 100 and 200 trading days to an extreme percentile of 0.992. This level has only been reached 0.8% of the time in the last 20 years. It’s certainly…
Katsumi Murouchi/Moment via Getty Images Gold (XAUUSD:CUR) (GLD) is currently trading at a crucial spot right now, with high potential for an explosive breakout higher. Regular readers will know I have been calling for gold prices to surge assertively above the $2,100 level in the longer term, paving the way for the start of a…
fotofrog Nvidia Corporation (NASDAQ:NVDA) is in our 2024MP Model Portfolio. We thought about selling before Q4 earnings were released, but here is why we did not. First and foremost, NVDA had our SID proprietary Buy Signal. It was not just a Buy Signal, but a very strong one at 94 out of 100 where 80…
Bloomberg/Bloomberg via Getty Images Expedia Group, Inc. (NASDAQ:EXPE) released the Q4 2023 earnings on February 8, 2024, and reported strong growth in room night bookings, gross bookings, and revenue, but experienced a year-over-year drop in net income. However, the yearly numbers show improvement in net income and earnings per share. This article discusses the earnings…
monsitj In this article I outline why I think CleanSpark, Inc (NASDAQ:CLSK) is a buy with an opportunity to almost double an investor’s money. I will explain my thesis by analyzing price action, a chart pattern, momentum, volume, and relative strength all on a weekly time frame. Let’s examine the chart. Chart 1 – CleanSpark…
Justin Sullivan Apple Inc. (NASDAQ:AAPL) is a great company, held in almost every portfolio, including Warren Buffett’s, but it is underperforming the S&P 500 Index (SP500), and that is a problem for portfolio managers who want to beat the Index. AAPL is overvalued and priced to perfection because it is still considered a growth company…
Justin Sullivan/Getty Images News Almost two years ago, we published a bullish article on Home Depot (NYSE:HD) titled: “Home Depot: Use The Dip To Climb Aboard This Long-Term Wealth Compounder“, where we covered the company in depth. In the piece, we analyzed the company’s consistent long-term top- and bottom-line growth profile, leading market position, and…
cemagraphics The S&P500 (SPY) has finally done it – a break to new all-time highs following the 2023 break-outs of the Nasdaq (QQQ) and Dow Jones (DJI). Furthermore, it did so against a backdrop of rising yields and falling odds of a March cut. But is this just a “fake-out” to squeeze out bears, or…
da-kuk Introduction “Chip stocks,” or companies that produce semiconductors and computer hardware, are very hot on Wall Street and have been for the last decade with seemingly no stopping in sight. It’s no wonder then that the iShares Semiconductor ETF (NASDAQ:SOXX) has also been on a tear and has made investors eager to “invest in…
marrio31 Investors heeding my “hold” rating on the SPDR S&P 500 Trust ETF (NYSEARCA:SPY) in my last analysis “SPY: An Early Contrarian Opportunity” published on October, 10, 2023 benefited from substantial positive momentum, marked by a strong trailing support and relative strength. Anticipating a 10% return with low risk, they capitalized on SPY’s brief dip…
cemagraphics The S&P 500 (SPY) exceeded the 2023 peak this week and the reversal pattern pointed out in last weekend’s article failed. Technical analysis identifies what the major market-moving participants are doing. If they are on holiday, like they were at the December peak, the signals are less reliable. This article will look at what…
SweetBunFactory After a slight pullback in equities from December highs, the markets appear to be on the cusp of reversing higher. Two sectors are leading this recovery – semiconductors and cybersecurity. These two sectors led the equity markets higher in October, helping to put in a bottom for the indices S&P 500 (SPY) and Nasdaq…
Spencer Platt The Health Care sector was one to generally avoid in 2023. Unless you were significantly overweight (no pun intended) in shares of Eli Lilly (LLY) and Novo Nordisk (NVO), it’s probable that you underperformed the S&P 500 given the Health Care Select Sector SPDR ETF’s (XLV) weak returns. Has the tide turned in…
monsitj The S&P 500 (SPY) made a 16.8% rally in just forty two sessions into the 27th December high. Amongst the euphoria and holiday cheer dovish expectations got excessive – according to the CME Fedwatch tool markets assigned a 73.8% chance of a 25bps cut in the March FOMC meeting, and a questionable 16% chance…
tadamichi The S&P 500 (NYSEARCA:SPY) had a nice move higher in 2023, gaining about 25%. However, the market doesn’t increase without corrections along the way. Even 2023 had two 10% corrections between February and March and again between July and October before the end of year rally higher. The market is dropping from an overbought…
imaginima Summary Seeking Alpha Quant rates FDN as a buy; FDN has performed very well during this stock market rally. I agree with the Seeking Alpha Quant and rate FDN as a buy. FDN First Trust Dow Jones Internet Index Fund ETF First Trust Dow Jones Internet Index Fund is an exchange traded fund launched…
metamorworks Summary Seeking Alpha Quant ranks Direxion Daily Dow Jones Internet Bull 3X Shares ETF (NYSEARCA:WEBL) among the top ETFs in the class of equity-leveraged funds. The recent decrease in inflation strengthened the broad stock market rally. The internet industry is one of the top performers in the new rally. We believe that the current…
golubovy/iStock via Getty Images The Trade Desk (NASDAQ:TTD) stands out with remarkable financial achievements in Q3 2023, showcasing a solid presence in the rapidly evolving industry. The company’s substantial revenue increase reflects its successful adaptation to the changing advertising environment and emphasizes its dedication to accuracy and transparency in its campaigns. This article examines the…
ktsimage Summary Seeking Alpha Quant rates NYSEARCA:LABU as a strong Sell. I rate it as a Buy because the underlying index is bullish. The recent decline in interest rates have led to better access to investing capital for small companies, including the small cap biotech. We believe that the current economic and market conditions are…
CasarsaGuru Aehr Test Systems (NASDAQ:AEHR) has emerged as a notable player in the rapidly evolving semiconductor industry, as evidenced by its exceptional performance in Q1 2024. The company experienced a notable rise in net revenue and enhanced profitability. Its venture into silicon carbide and gallium nitride and engagement in silicon photonics highlight its dedication to…
cemagraphics The S&P500 (SPY) has made a new high for the year of 4609, exceeding July’s peak of 4607. This is not something I expected when I proposed a large bounce could develop from 4103, but the price action of the rally has been telling a bullish story and I have listened. Last week’s article…
Elena Bionysheva-Abramova It has been a wild few years in the agricultural commodity complex. Russia’s invasion of Ukraine almost two years ago led to a bull-market crescendo across the softs. That helped many companies in the Materials sector, but a steep fall off in commodity prices over the back half of 2022 later weighed on…
KanawatTH Albemarle Corporation (NYSE:ALB) exhibited a notable performance in Q3 2023, marked by an increase in net sales due to the growth in the energy storage sector. However, the company has faced challenges in maintaining its profitability, with a decline in net income and adjusted EBITDA, primarily due to the fluctuating prices in the lithium…
Korisbo/iStock via Getty Images Summary Seeking Alpha Quant ranks Direxion Daily Homebuilders & Supplies Bull 3X Shares (NYSEARCA:NAIL) as the top ETF is in the class of equity leveraged funds. The recent decline in mortgage rates has led to improved earnings expectations for homebuilding stocks. We believe that the current economic and market conditions are…