MindMed Despite the market’s headwinds, MindMed (MNMD)’s shares are trading 6% higher today as the stock has two drivers in place. Robert Barrow, the company’s CEO, is slated to appear on Mad Money with Jim Cramer tonight on CNBC. The CEO is likely to talk about progress with their pipeline, including MM120, an LSD-based treatment […]
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Stocks
There’s a Stealth Rally Going on That Nobody is Talking About
Every week, I scan the charts of 23 different sector exchange-traded funds (ETFs) along with the leading companies from each. It’s my way of making sure that I’m aware of what’s going on in the less talked about areas of the market. After all, that’s usually where you uncover the opportunities that nobody is talking […]
Here’s How I’m Trading CNBC’s Nvidia Headline
I love it when we see stories like this a few weeks ahead of a company’s earnings report. This was literally the headline that I saw this morning when I popped CNBC.com up for the first time. Right there at the top of the page is the headline declaring that Nvidia (NVDA) is in a […]
The Ticking Debt Bomb
You’ve seen it in the movies… The hero is faced with disabling a bomb set up in the middle of a busy parking garage before it goes off and takes everything with it. Lights light, flashes flash, beeps beep, and there is a spaghetti plate of wires holding everything together. It’s the first thing that […]
Three Stocks: Boeing, Bitcoin, and Alphabet
Boeing Boeing (BA) shares are once again dropping to a critical price support level as the stock is seeing yet another round of bad news in the headlines. First, it has been reported that the FAA is investigating another incident with one of the company’s planes in Chicago after an engine cover fell off a […]
Three Stocks: Semtech, Apartment Income REIT, and Dell
Semtech I can’t believe my eyes. Semtech (SMTC) is not healthy, the stock’s overvalued, it’s low quality, and growth is unstable. Yet, shares are up 23% since reporting earnings on March 28. I wrote about it here. And the saga continues – because the stock is up another 6% today… for no reason. We […]
Three Key Points from Jamie Dimon's Annual Shareholder Letter
Until I read Too Big to Fail by Andrew Ross Sorkin, I thought Jamie Dimon was “just another banker.” Smart, no doubt. But I didn’t realize that of all the players in the crisis of 2007-08, he was among the few who truly understood how complicated the situation was – how the web of derivatives […]
The Bond Market Doesn’t Like What the Fed is Signaling
You and I have been talking about the bond market for at least three months. More specifically, we’ve been talking about the fact that the bond market can’t get out of its rut. Last week’s rhetoric from the Fed is putting the bond market at risk of falling deeper into a bear market trend. That […]
We’re Kicking Off One of the Most Important Weeks of the Year Today
Unlike last week, we’re kicking off what could be one of the most important weeks of the year today. From an economic standpoint, we’re getting a look at the latest consumer price index (CPI) and producer price index (PPI) data. These are the market’s favorite inflation gauges. Remember, the Fed’s favorite is the personal consumption […]
Three Stocks: GE Aerospace, Meta, and Trump Media
GE Aerospace Boring General Electric (GE) (Aerospace) shares are in the spotlight today with the stock ripping more than 4% higher. I joke when I say “boring” because this stock is outtrading the Nasdaq 100 and a lot of its strongest performers. Shares are 50%+ higher year-to-date. This stock has performed so well over […]