The headline crossed my phone last night after the close… “Walt Disney: ESPN, FOX (FOXA,FOX) and Warner Bros. Discovery (WBD) confirm they have reached an understanding on principal terms to form a new Joint Venture to build an innovative new platform to house a compelling streaming sports service” As soon as I saw it, I […]
Archives for February 2024
February 2024 - Page 4 of 4 - Money Morning - Only the News You Can Profit From
Janet Yellen is Worried About Bank Failures, and You Should Be Too
The timing is almost too uncanny. We’re rolling up on the one-year anniversary of the failures of three regional banks. On Tuesday, Janet Yellen commented that she is concerned about looming commercial real estate stresses on the banks and property owners. This morning, you may have seen that New York Community Bank (NYCB) is popping […]
Don't Touch Meta Stock Until You See This…
The time is ripe… After Meta (META) reported exceptional earnings last Thursday and followed with the biggest market-cap jump in stock market history, shares have calmed down a bit. This is great news for anyone looking to buy shares at a discount… But don’t touch them at these levels. Check out this video – click […]
Double Upgrades, Crude Oil Slips Lower, and Defying Gravity
Double Upgrades Shares of Cigna (CI) are trading higher in a lower market as the company got a double upgrade from Wall Street this morning. Analysts from Cantor Fitzgerald and RBC Capital Mkts upgraded the insurance provider to a “buy” as the stock is breaking through a “Double Top” technical formation. CI shares are also […]
Disney Could Begin a Nice 20-25% Run Starting on Wednesday (Here's How to Play It)
Man, people love Disney (DIS)… I mean, they really love the stock, and that was a problem for them six months ago. I did a quick YouTube video on my outlook for Disney ahead of their earnings report in August. If you missed it you can take a quick look here… It’s a great example […]
Hello Darkness, My Old Friend – Is Earnings Season Over Already?
Eli Lilly (LLY) PepsiCo (PEP) McDonald's (MCD) Linde PLC (LIN) Disney (DIS) That’s the top of the batting lineup for earnings season this week. A Who’s Who of the market it really isn’t, which is my point. This week marks the first really boring week for the earnings season, and if there’s one thing I […]
Nobody is Talking About Uranium, and That’s Great News
Let’s face it, most people in this line of work love to draw attention to their opinions. Secretly, most analysts and research people want to be like Jim Cramer, preaching the stock gospel to the masses and having them listen and act on every word as if it were the only voice out there. I […]
Follow the Market's "Smart Money" Right Here
We’ve talked about this a lot, but I’ll say it again… The bond market has always and will always be considered the “Smart Money” in the market. You always follow their lead. That’s why I believe we’re heading into a cyclical bull market in bonds. Last week, we talked about a few prices to watch […]