Big Software Stocks Are Languishing, But These 2 Disruptors Are on a Tear
I’m opening small positions in these names that are turning the software sector on its head.
Intuit Spooks Software Stocks: 8 Key Items Shaping the Stock Market Wednesday
Nvidia earnings, oil prices, PCE, potential settlement talks for Meta, and other headlines are moving the market this morning.
Calm Before Storm as Nvidia Earnings, Data Deluge, Bigger Trade War Loom
Earnings land tonight from NVDA, CrowdStrike and Salesforce, after we get a plethora of economic data and as we deal with Iran and a trade spat with Canada.
Good Morning, I’ll Be Your Tour Guide Today
It’s Wednesday! You can do it. It is I, Sarge. Dougie is off today and I am filling in as your tour guide. Let’s get some coffee into the system and get the blood flowing. You know what you need to do. You don’t need my boot pushing you along.
There will be a lot to consider as this day gets going. Before we get to Nvidia ($NVDA), CrowdStrike ($CRWD) and Salesforce ($CRM) earnings, we’ll have to get through July PCE prices, July Personal Income & Spending, July Durable Goods Orders and a speech by Richmond Fed Pres Tom Barkin.
Then, we’ll have to consider the burgeoning trade war between the U.S. and Canada, the potential for a reopening of the Strait of Hormuz, the Treasury Department’s “enhanced” liquidity management program and Jackson Hole. (Anybody who thinks Canadians are so nice has probably never played ice hockey at a decent level. That’s like saying grizzly bears are cute.)
What we do know is that both oil prices and Treasury yields are significantly lower in just a few days’ time. So, slap on those helmets. Buckle those chinstraps. Tape on that foil. It’s time to take the ice and play the game.
Rock & roll.
Position: Long NVDA, CRWD equity
Iran Put on Notice, Partners Warned; How to Corral the Yield Curve
Trump vows economic pain for Iran; my colleague has an intriguing (and smart) economic plan; bracing for the week ahead.
New CrowdStrike Price Target as Long Rally Reaches Late Stages
The best-in-class cybersecurity name is preparing to release its latest results amid an impressive run.
From Microsoft to Oracle, Charting Software Stocks Amid Resurgence
Software stocks like Palantir and CrowdStrike are heating up as the sector regains favor with investors.
Charting Microsoft, Palantir, Amazon, RTX and Potentially Upping 2 Targets
Here’s how I see these four Sarge-folio stocks and why I could increase the price targets on two.
The Calm Before the Storm
Lull in fighting between U.S. and Iran to be followed by big earnings by Amazon, Microsoft, Meta, and an economic data deluge. Also, a defense shortage?
DR Horton Showcases Homebuilder Pain: 8 Key Items Shaping the Stock Market Tuesday
Trump’s tariffs, TSM price hikes and other headlines are moving stocks this morning.