C3.ai Shares of C3.ai (AI) are trading 25% higher this morning after better-than-expected earnings numbers. The company also reiterated their forward-looking guidance. The latter of these is the reason that the market is excited about the stock today as the company spent the last two quarters lowering their guidance. The refreshed outlook for the stock […]
Archives for February 2024
February 2024 - Money Morning - Only the News You Can Profit From
Three Stocks: ARK 21Shares Bitcoin ETF, Beyond Meat, and eBay
Bitcoin / ARK 21Shares Bitcoin ETF (ARKB) Bitcoin is hitting a FOMO rally of FOMO rallies as the cryptocurrency moved into what I refer to as a “Volatility Surge.” These volatility surges start with a large one-day move followed by a steady trend higher as the “crowd” chases the asset higher. Bitcoin had been consolidating […]
Clean Energy is Signaling Trouble for Stocks
There’s a pattern that the market follows, and it goes like this… A market rally is sparked, like we saw in November. The first stocks to take off are the “fan favorites” as everyone looks to buy these stocks on the cheap. This time around, we all know that those were the Magnificent Seven. Next, […]
This Chart is Worth Millions to Nancy Pelosi
Nancy and Paul Pelosi have been in the news again. Not for Nancy’s political prowess, but instead for Paul Pelosi’s uncanny timing in buying and selling stocks. The businessman and owner of the Sacramento Mountain Lions – a United Football League team – has been killing it in the market as he’s successfully timed huge […]
Three Stocks: ARK 21Shares Bitcoin ETF, SoundHound AI, and Hims & Hers Health
Bitcoin / ARK 21Shares Bitcoin ETF (ARKB) Bitcoin is engaging the next stage of its long-term rally this morning as the cryptocurrency moved into what I refer to as a “Volatility Surge.” These volatility surges start with a large one-day move followed by a steady trend higher as “the crowd” chases the asset higher. Bitcoin […]
Three Stocks: Super Micro Computer, Walmart, and SolarEdge
Super Micro Computer Super Micro Computer (SMCI) shares were trading lower in the pre-market, as traders are a little nervous about the market holding its gains from the last week or two. This stock will be the “canary in the coalmine” when it comes to watching for that “buy the dip” opportunity that I am […]
April 25 Is a Long Time to Wait for This Stock's Jittery Investors
April 2022. You remember April 2022, right? It was the first real taste of the bear market as stocks peaked in February. Then, things got ugly as important technical trendlines were broken left and right. Stocks and major indices accelerated lower with each technical trendline break. Believe it or not, Apple (AAPL) shares are looking […]
Earnings Season Isn’t Over Quite Yet
I know. Nvidia (NVDA) reported their results, so the market thinks that the season is over… That’s false. This week, we’re going to see the beginning of the end of the season as the retailers take center stage. You need to keep something in mind… this sector is one of the least watched groups of […]
3 Reasons Why Cautious Will Be Profitable with Reddit's IPO
I like using Reddit. But I also like flying Southwest (LUV) – though I’d never own their stock. For the former, I think the platform does an incredible job bringing users together, probably better than Facebook or Twitter (I know, I know) ever has or will. It doesn’t exclusively feed us information nor does it […]
Three Stocks: Carvana, Intuitive Machines, and Rivian
Carvana Let’s hope that Carvana (CVNA) isn’t writing checks that the body can’t pay off. Last night’s earnings report missed on the revenue and earnings, which most would consider bad news. The stock, of course, is trading 40% higher this morning! The reason for the jump is two-fold. First, the company basically came out and […]