Archives for April 2024

April 2024 - Page 3 of 7 - Money Morning - Only the News You Can Profit From

One More Line to Watch

The market’s selling is going to pick up in full force this morning as investors react to Israel’s response to Iran. The latest retaliation in the Middle East appears in its early stages, as Israel has carried out a strike in retaliation for Iran’s attack last Sunday. The markets have been calm over the last […]

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Three Stocks: Taiwan Semiconductor, Meta, and UnitedHealth

Taiwan Semiconductor Shares of the largest semiconductor chip manufacturer in the world traded 5% lower today in the wake of their latest earnings report. Taiwan Semiconductor (TSM) released their quarterly earnings report this morning before the markets opened and the news was good. For the quarter, the company beat earnings estimates by $0.08, beat their […]

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Three Stocks: Microsoft, Nvidia, and Reddit

Microsoft Microsoft (MSFT) is one of the Magnificent Seven stocks that has maintained its value well against the backdrop of recent selling. The software and AI giant remains only 4% from its all-time highs, as the company prepares for its earnings call next week. Historically, Microsoft sees a simple “buy the rumor” rally that averages […]

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Retail Stocks Completely Reverse Their Trend

I’ll be frank… I’ve been spending so much time watching AI, and large-cap technology companies that this huge reversal slipped right by me. The monthly retail report came out on Monday, and at its face value, the report appeared healthy. Sure, when you get into the nuts and bolts of the report there were some […]

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Wall Street’s Selling Programs are Watching These Numbers

Think about this: Most of the money that crosses the trading desks on any given day is not controlled by you and me, the retail investors. Most of the money that moves the market and big individual stocks is traded by large institutions and hedge funds. Those large institutions trade using algorithms that consider one […]

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Three Stocks: Barrick Gold, AMD, and Bank of America

Barrick Gold Today's uptick in Barrick Gold (GOLD) shares is closely tied to the rising gold prices, which have been bolstered by current geopolitical tensions and the uncertainty surrounding recent elections – just like what CJ’s been talking about lately. As historical patterns suggest, gold often gains value in times of economic uncertainty, serving as […]

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Three Stocks: Apple, Rivian, and Live Nation

Apple Apple (AAPL) shares are bucking today’s market rally, heading lower by nearly 2%. Shares of the iPhone and other electronics manufacturers have been taking a hit from the headlines over the last few days… Reuters – “Apple loses top phone maker spot to Samsung as iPhone shipments drop” Barron’s – “Apple Faces $8 Billion […]

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Three Stocks: Tesla, Rivian, and Nvidia

Tesla Tesla (TSLA)’s stock is on the brink of its next big move. The stock has spent the last month bobbing in a tight range between $160 and $180, but its riskiest break looks imminent as it threatens to move below its bottom Bollinger Band with a close below $160 today. Bollinger Bands are used […]

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Jamie Dimon’s Thoughts on Real Estate Versus the Market

For clarification, I’m using the Real Estate Sector SPDR ETF (XLRE) as “the market” here. Over the last three months, we’ve heard a lot of comments on the real estate market from Jamie Dimon. The U.S. real estate market can avoid a crisis The real estate market will muddle through the current economic situation Stagflation […]

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