We’re Raising Our Price Target for This Retail Holding
Stellar comp sales underscore the company’s position amid renewed inflation pressures.
Why Now Is the Time for Us to Initiate an Amazon Position
The Big Tech firm is poised best among its peers to benefit from the advent of AI.
VIDEO: What AI Means for Productivity as Nvidia Reports
Which retailer is blazing ahead with April comp sales? It’s not Target
My Tweet of the Day
Position: Short JOET (VS)
Threat of Bond Vigilantes Strikes Fear in Wall Street
If yields continue to rise as the bond vigilantes make their voices heard, expect the market to start running.
Adding to 2 Shorts
I’m adding to $GRNY at $26.82 and $JOET at $42.98 shorts now.
Position: Short GRNY (VS), JOET (VS)
Wednesday Midday Market Internals
Volume
– NYSE volume flat to its one-month average
– NASDAQ volume 12% above its one-month average;
– VIX index: down 2.27% to 17.65
Breadth
S&P 500 Sector ETFs
% Movers
Nasdaq 100 Heat Map
Position: None
A Play on Oil Field Construction in the Middle East
Even if the Iran situation deteriorates further, this stock should benefit.