We had some interesting data points come out this week. ISM Service came out with prices decelerating and economic activity perking up slightly. This supports a no landing and /or soft landing thesis.We also received data on Cash App’s advertising strategy and news of Ebay’s potential separation from American Express (Amex). Let’s research and discuss the data:Cash App Ad Strategy: TikTok or SnapChat or Instagram?American Express (Amex) Removed from eBay. Amex removed but implications to eBay?ISM Survey ...

The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE), came in below or aligned with market expectations. This supports our prediction that rate cuts are on the horizon, likely starting in the upcoming months.Brief Market Overview We anticipate the economy will transition from the robust growth in 2023 to a slower pace in the latter half of 2024.The earnings season has largely concluded, with notable updates from companies such as Salesforce and Best Buy. Salesforc ...

I have not been shy about telling our readers and social media/media followers that we liked and bought Alibaba (BABA) in February 2024.And we sat with it. And sat with it.Today, it’s paying us some cushy profits. Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: Will it last?BABA reports earnings before the opening bell tomorrow.Alibaba split the business into six business divisions to avoid regulatory scrutiny in China. Aliba ...

This week was filled with more earnings reports headlined by some of our own companies, like Fiverr, travel companies such as Airbnb (non investment), while also seeing the divergence between Starbucks and Dutch Bros (big!).We also got jobless claims, ano while it was a single date point and one that is historically volatile, we think it could be the early sign of a cooling jobs market. This supports our view that the FED can get an all clear to cut by Q3 as economic activity moderates. Now onto the data! ...

Why does Warren Buffett continue to hold a massive stake in Apple?From a technical perspective, it’s because this is a stock that continues to show strong long-term momentum characteristics, with pullbacks to an ascending 150-week moving average often serving as perfect entry points. Using multiple time frame analysis, we can relate the short-term movements in AAPL to the medium-term rangebound pattern. We can then focus on the long-term uptrend that has defined Apple over the last 5-10 years.In today’s ...

This morning, I made my debut on CNBC’s show Worldwide Exchange with Frank Holland.Here are the notes I prepared. At the start of 2024, the entire EV space already had some issues:a. infrastructure-not really setup yet to support EVs easily and or timely Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: b. weather-blackouts cut the ability for EVs to chargec. competition-with tesla losing market share to Ford, GM, Rivian, and ot ...

Consumer instinct is a wonderful attribute to have and generally talked about on firms stocks to buy list.So, just what is the “Consumer Instinct”? (From my book, “Plant Your Money Tree: A Guide to Growing Your Wealth”) “Peter Lynch is one of the most famous investors in the world. A former manager of the Magellan Fund at Fidelity, he averaged a whopping 29.2 percent annual return in his day. Lynch’s number-one philosophy on investing is only buy what you understand. He states, “If you stay half-alert, y ...

Nvidia (NVDA) has significantly outperformed the S&P 500 in 2024, up about 77% year-to-date through last Friday vs. the S&P 500 which was up only 8%. But by the end of last week, NVDA dropped the infamous “bearish engulfing pattern”, suggesting short-term distribution and a bearish setup into this week.  This two-bar reversal pattern, which signaled not only for Nvidia but for the Semiconductor ETF (SMH) as well, indicates a shift in short-term momentum. Strong selling pressure after a higher open “engul ...

Nvidia’s stock price surged last week, reaching an important Fibonacci extension level (361.8).The rally has been unprecedented. Nvidia (NVDA) is a large cap tech stock and its price has doubled in just 9 weeks! But something happened last week. Nvidia’s formed a bearish reversal candle on the weekly chart. See chart below.This is a rare pattern that often times will show up on aggressive/parabolic moves… and often times signals a trading top. Sign up for our FREE newsletter and receive our best trading ...

Over the weekend I mentioned how on Valentine’s Day, I talked with Jon Erlichman of Bloomberg about what tradeable instrument I would date and which one I would marry.He also asked me, to comment on which instrument I believed got away? To refresh memories, I am dating COIN-up over 12% to start the week.I married silver, up nearly 3% on Monday. Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: But the one that got away?Microsoft ...