Big Tech Is About to Report. My Plan: Do Nothing
Reports loom for Microsoft, Alphabet and Amazon, but I see no edge in trying to bet on those outcomes. Here’s what I’ll do instead.
Chart of the Day: Can Microsoft Save the Magnificent Seven?
Earnings are out this week and expectations are quite high.
New Market Catch-22: Meta Spends Too Much, Tesla Too Little
Meta’s spending warnings and share-class fine print, Tesla’s capex cut, and a ‘not good enough’ beat from Lam Research are dragging Tech lower adding to a broader risk-off tape.
The Hot CPI Report May Be the Medicine the Market Needed
A warm inflation number lets the market price in the worst case for the Fed, and biotech is already acting like it has washed out. Here’s my plan.
Chart of the Day: Microsoft Leads the Mag 7 and Most Others
There’s nothing more bullish than this pattern.
Goldman’s Amazon Move Adds Conviction to My Trade
Amazon is developing the way I hoped it would. Here’s my strategy as we begin the fourth quarter.
Chart of the Day: Meta’s Amazing Move Has Stock Peering Toward the $800s
The best one-day move in years has the shares starting to re-gain some swagger.
Muse Ignites Meta’s Parabolic Rally, But I’m Taking the Other Side
Here’s the news that lit the fuse, how the chart looks and what to watch from here.
Magnificent Seven Hits All-Time High but it’s Not What it Seems
It was an upbeat day driven by poor positioning and too much negativity.
Market Returns to Unhealthy Trend, But I’m Not Complaining
Traders reacted to the oversold conditions and, most likely, the Magnificent Seven.