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  • Three Stocks: Reddit, Gamestop, and Nvidia moneymorning.com/.../three-stocks-reddit-gamestop-and-nvidia
    March 27, 2024 ... Reddit Reddit (RDDT) shares are taking a well-deserved break today. The stock is trading 12% lower, as sellers appear to be profit-taking on post-IPO gains of more than 100%. As I always say, there’s nothing wrong with taking profits, especially on …
  • MindMed's Set to Pass a Psychological Market Test moneymorning.com/.../mindmeds-set-to-pass-a-psychological-market-test
    March 27, 2024 ... It’s a little ironic (strangely I hear Alanis Morissette singing that as I type) that I’m talking about psychological levels with a psychedelic stock. Shares of Mind Medicine (MNMD) are preparing for one of the biggest moves a stock under $10 can make. …
  • Amazon Just Kicked the Legs Out from Under Walgreens moneymorning.com/.../amazon-just-kicked-the-legs-out-from-under-walgreens
    March 27, 2024 ... It’s been a horrible couple of years for Walgreens Boots Alliance (WBA). I never really considered the stores a “retail store” in the sense that I went there to buy anything outside of Band-Aids, Tylenol, sunscreen, and maybe an Ace Bandage here and …
  • Three Stocks: Super Micro Computer, Tesla, and Krispy Kreme moneymorning.com/.../three-stocks-super-micro-computer-tesla-and-krispy-kreme
    March 26, 2024 ... Super Micro Computer Here we go again. Super Micro Computer (SMCI)’s shares are preparing for a breakthrough $1,100 on their way to our initial target of $1,250. The stock just experienced a 30% pullback from its recent highs, as traders took profits …
  • Three Stocks: Super Micro Computer, AMD, and Tesla moneymorning.com/.../three-stocks-super-micro-computer-amd-and-tesla
    March 25, 2024 ... Super Micro Computer Here we go! After a short spate of selling, shares of Super Micro Computer (SMCI) are on the run again after JPMorgan initiated coverage on the shares with an “Overweight” recommendation. The addition of JPMorgan to the Wall Street …
  • Chinese Chip Wars Tank Intel Stock moneymorning.com/.../chinese-chip-wars-tank-intel-stock
    March 25, 2024 ... The Chip War with China has been a game of chess between two superpowers. Last night, China made the latest move, and this morning, it’s taking a few big names down - namely Intel (INTC), AMD (AMD), and Microsoft (MSFT). Headlines splashed across my …
  • Speaker of the House Mike Johnson Should be Buying Gold Right Now moneymorning.com/.../speaker-of-the-house-mike-johnson-should-be-buying-gold-right-now
    March 25, 2024 ... We talked about gold late last year, remember? It all started with this article from Bloomberg, identifying a huge trend in the world’s Central Banks buying gold as they were preparing for the Federal Reserve to pivot interest rate policy. Last week, …
  • Three Stocks: SoundHound AI, lululemon, and Nike moneymorning.com/.../three-stocks-soundhound-ai-lululemon-and-nike
    March 22, 2024 ... SoundHound AI Shares of SoundHound AI (SOUN) are now trading 40% off of their highs from just a few weeks ago, as the company found themselves to be the target of a bearish report from short selling firm Capybara Research. We’ve seen dozens and dozens …
  • Nvidia and Other Companies Start Seeing Price Upgrades moneymorning.com/.../nvidia-and-other-companies-start-seeing-price-upgrades
    March 22, 2024 ... It started yesterday, but this is the beginning of a trend that will drive some stocks higher into the earnings season. This morning, UBS (UBS) upgraded their price target for Nvidia (NVDA) shares from $800 to $1,000.  Currently, the average price …
  • 40% Surge in a Month, Much Higher After That moneymorning.com/.../40-surge-in-a-month-much-higher-after-that
    March 22, 2024 ... The sale is on – and your “wealth window” is quickly closing. Super Micro Computer (SMCI) fell 9% yesterday… It’s down 2% this morning… And according to CJ, this is the last chance to buy at such a steep discount. Within a month, we could see a 40% …
  • 10 Analysts Calling for a "Buy," 10 Analysts Wrong moneymorning.com/.../10-analysts-calling-for-a-buy-10-analysts-wrong
    March 22, 2024 ... Analysts still seem to love Tesla (TSLA)… But there’ll be a rude awakening for the investors following them. The stock’s trading for $175 per share today, while the average price target after 12 months is $207. According to CJ, though, that’s dead …
  • Three Stocks: Apple, Micron, and Canoo moneymorning.com/.../three-stocks-apple-micron-and-canoo
    March 21, 2024 ... Apple The Department of Justice is expected to sue Apple (AAPL) today for antitrust violations. The case is related to the company blocking competition from accessing hardware and software features of the iPhone. This isn’t Apple’s first time around …
  • The Biden Administration Finally Writes Intel a Check moneymorning.com/.../the-biden-administration-finally-writes-intel-a-check
    March 20, 2024 ... OK, this is almost too good, but remember that it’s all politics. The Biden Administration has been playing cat and mouse with Intel (INTC) for the last three months. You remember, the CHIPS Act, right? Well, Intel has been waiting for the …
  • The “Boring” Bond Market’s Smart Money is Turning Bearish Again moneymorning.com/.../the-boring-bond-markets-smart-money-is-turning-bearish-again
    March 20, 2024 ... There’s a reason why they call the bond market the “smartest money in the room”… Nick shot me a “Slack” on Monday that included this image from Bloomberg… (Click to enlarge) The chart depicts how the negative momentum in the bond market is growing as …
  • Three Stocks: Bitcoin, Apple, and SoFi moneymorning.com/.../three-stocks-bitcoin-apple-and-sofi
    March 20, 2024 ... Bitcoin Bitcoin (BTC) starts the day trading 2.5% higher after completing a 20% correction from its recent highs.  The cryptocurrency also found support close to another round-number at $60,000. The decline in Bitcoin has slowed some of the appetite …
  • This Stock Is Down 6%... And We're Over the Moon About it moneymorning.com/.../this-stock-is-down-6-and-were-over-the-moon-about-it
    March 19, 2024 ... The stock is down 6% today… And CJ is over the moon about it. That’s because, considering Nvidia (NVDA)’s $75 million investment, its ahead-of-its-time speech recognition technology, and its foray into leading global markets, investors are walking away …
  • Don't Mistake Canoo Stock's "Bump" for a "Rally" moneymorning.com/.../dont-mistake-canoo-stocks-bump-for-a-rally
    March 18, 2024 ... The electric vehicle (EV) market is witnessing a volatile period, with Canoo (GOEV) recently experiencing a dramatic surge in its stock price. This surge comes on the heels of the U.S. Department of Commerce's decision to approve Canoo's Oklahoma City …
  • The Airlines Are in Trouble moneymorning.com/.../the-airlines-are-in-trouble
    March 18, 2024 ... A good investing friend of mine told me to “never own the airlines, only trade them.” Well, it looks as though the airlines are preparing to give the bears one heck of a good trade. Last year felt like it was the “Year of Weather” delays and …
  • A Brisk Walk Down Main Street – Airbnb Primer moneymorning.com/.../a-brisk-walk-down-main-street-airbnb-primer
    March 18, 2024 ... I’ve already mentioned the importance of the housing numbers being released on Tuesday, but the data reminded me of another trend in the market, one that could become a long-term headache for Airbnb (ABNB). If you’re not familiar with it, my “Walk Down …
  • Three Stocks: Tesla, Alphabet, and Super Micro Computer moneymorning.com/.../three-stocks-tesla-alphabet-and-super-micro-computer
    March 18, 2024 ... Tesla  The Biden Administration can’t make up its mind… Just one month ago to the day (February 18), we saw headlines that the Biden Administration was considering delaying the switch to electric vehicles. The move was partially seen as political to …
  • The Fed May Break the Market Next Week moneymorning.com/.../the-fed-may-break-the-market-next-week
    March 15, 2024 ... I know, what about the Federal Reserve? We talked about this in Wednesday’s email, but I figured that I should take an extra minute or two of our time to give some detail. SO, Jerome Powell and his band of merry Fed Governors will get together next …
  • Three Stocks: Adobe, SoundHound AI, and Fisker moneymorning.com/.../three-stocks-adobe-soundhound-ai-and-fisker
    March 15, 2024 ... Adobe Adobe (ADBE) stock is trading 13% lower at $500 this morning after the company forecasted lighter than expected revenue for the current quarter. The company’s earnings report for last quarter beat expectations, but the market is always …
  • Avoid Wall Street’s “Favorite Stock” At All Costs moneymorning.com/.../avoid-wall-streets-favorite-stock-at-all-costs
    March 14, 2024 ... It might be the same for you… But when digesting financial news, it can take me two or three reads to get through because of how astounding Wall Street is sometimes. Case in point, their “favorite” stock right now. You’d think it was Nvidia (NVDA). …
  • Three Stocks: SoundHound AI, Marathon Digital, and Adobe moneymorning.com/.../three-stocks-soundhound-ai-marathon-digital-and-adobe
    March 14, 2024 ... SoundHound AI They’re on the move again!  SoundHound (SOUN) shares are doing exactly what was expected after yesterday’s breakthrough $8, as it rallies another 5% this morning to challenge $10. Let’s take a moment to remember why this company made it …
  • IBM Gets Ready for its Next Breakaway Rally moneymorning.com/.../ibm-gets-ready-for-its-next-breakaway-rally
    March 13, 2024 ... I love this situation. An AI stock that the market doesn’t pay attention to is getting ready to break to new all-time highs. It’s not Nvidia (NVDA) or Super Micro Computer (SMCI) or Amazon (AMZN) - it’s lowly, old International Business Machines, A.K.A …
  • Three Stocks: MindMed, Tesla, and Dollar Tree moneymorning.com/.../three-stocks-mindmed-tesla-and-dollar-tree
    March 13, 2024 ... Mind Medicine What a ride it has been for Mind Medicine (MNMD) investors. We saw the stock shoot through the sky last week on news that the FDA had granted “Breakthrough Therapy Designation” to one of the company’s trial treatments, but then shares …
  • Three Stocks: Southwest, Boeing, and Costco moneymorning.com/.../three-stocks-southwest-boeing-and-costco
    March 12, 2024 ... Southwest Airlines Southwest (LUV) shares are plunging today after management announced that they’re planning to cut seating capacity, citing ongoing challenges from Boeing (BA) as the reason. What’s worse, they also announced that they are rethinking …
  • Three Stocks: Tesla, Bitcoin, and Meta moneymorning.com/.../three-stocks-tesla-bitcoin-and-meta
    March 11, 2024 ... Tesla Tesla (TSLA) shares are trading 2% higher today as the company announced that they are close to resuming production in Germany, after an electricity outage forced a plant’s closure. The stock is trying desperately to hold on to the $180 price. …
  • We’re Down to the "Fantastic Four" Now moneymorning.com/.../were-down-to-the-fantastic-four-now
    March 11, 2024 ... I watched a good friend, Ryan Detrick, interview none other than Cathie Wood a few weeks ago. The interview was informative and fun to watch, but one comment caught my attention. It was when Cathie Wood referred to that group of stocks that we’ve all …
  • Costco Was Priced for Perfection Before Earnings moneymorning.com/.../costco-was-priced-for-perfection-before-earnings
    March 11, 2024 ... Let’s start with my “Walk Down Main Street” at Costco (COST) this weekend. I made a HUGE mistake. Normally, I try to go to Costco on a weekend night just to avoid the crowds. This week was different. I figured “hey, Costco missed their revenue mark by …