I want to buy Elon Musk a beer and let him vent. For that matter, I’ll buy him a bottle of Willet XCF just to hear what’s going through his mind. In case you don’t know, that’s a $1,200 bottle of bourbon, but I think it would be well worth it to hear his thoughts. […]
Archives for February 2024
February 2024 - Page 2 of 4 - Money Morning - Only the News You Can Profit From
Oh Man Was I Wrong About Nvidia
Sidenote: I was wrong about Nvidia (NVDA), but my latest video on Super Micro Computer (SMCI) was well-timed for those of you looking buy the dip and know why the dip happened in the first place. Check it out here because we’re going to see more action like this in SMCI, and you’ll want to […]
Nvidia or Super Micro Computer? Here's the Answer
All eyes were on Nvidia (NVDA) today – and for good reason. Analysts were predicting blowout earnings leading up to yesterday evening’s report… and “the most important stock on Planet Earth” beat those estimates on the top and bottom lines. Shares closed 16% higher, but there’s a much smaller AI company you should be paying […]
Three Stocks: Palo Alto, Walgreens, and Uber
Palo Alto Networks Wow… shares of Palo Alto Networks (PANW) are trading lower by more than 25% this morning as investors were selling the stock hard in the pre-market. The reason is simple… last night’s earnings report showed that the company beat expectations in the last quarter but lowered their guidance for the 2024. This […]
Oil’s Slippery Slope
We haven’t talked oil in a while, so let’s dive into the charts as it looks like “black gold” is getting ready to make some moves. For what it’s worth, a few Wall Street analysts voiced their opinion on oil in the last week and I have to say… I wasn’t impressed. Just a little […]
The Real Reason Why Super Micro Computer Stock Dropped 35% in Two Days
The most recent star to form in the AI Universe – Super Micro Computer (SMCI) – collapsed over 35% in the last two trading days. It’s part of a massive run higher, and now lower, that the stock has made over the last few weeks. (Click to enlarge) The reason for the drop is relatively […]
The “AI Supercycle” Is Spreading Like Wildfire
I mentioned the “AI Supercycle” that is heading our way in 2024 a few weeks ago, but you’re really starting to see the green shoots of this economic phenomenon grow in the semiconductor sector. Buy This Chip Stock, Not Nvidia Let me go on record by saying I LOVE NVIDIA (NVDA) STOCK just as much […]
This Won’t Help Elon Musk or Tesla’s Stock Price
It’s been a rough couple of months for Elon Musk and his flagship company, Tesla (TSLA). A bad earnings report… a judgement regarding his compensation that went against him… rumors from Tesla’s Board about drug use. And now, the CEO of GM (GM) joins Ford (F)’s CEO in telling the market that Tesla is all […]
Stocks to Watch: Applied Materials, Coinbase, and Apple
Applied Materials Chips – and AI chips, in particular – are going to be a huge trend in 2024. Everyone talks about Nvidia (NVDA), and they’re right to. You can see why in CJ’s earnings prediction video. But most retail investors miss the fact that the semiconductor industry is very, very complex. There are dozens […]
Nasty Surprise Awaits Those Buying Nvidia
We’re just a week away from the earnings announcement that The Street considers the most important of the season, Nvidia (NVDA). This is the ONE stock that everyone wants in their portfolio, and why not? Shares are up more than 50% year-to-date and 215% over the last year. But do not buy in or add […]