The global supply chain is in shambles. Retailers are paying record fees for shipping. China is the ‘warehouse for the globe’ but its covid policies […]
Will Markets Continue to Shake Off Earnings Warnings?
Market valuations are cheaper. That is a prime argument for bulls on why now is a great time to buy. The S&P traded at approximately […]
What Will Move Markets This Week
Inflation data, Sell-side Shop Conferences, and Central Banks highlight another busy week for the markets. Indices are strong out of the gate. The upbeat tone […]
Is it Time to Buy Salesforce?
It has been a difficult period for highly valued tech names. Dow component Salesforce, Inc (CRM) has been one of the worst-performing mega-cap growth names […]
Can Bulls Defend Last Week’s Gains?
Last week, the market showed some signs of life. The Dow surged 6.2% to halt a streak of 8 weeks of declines. It was the […]
Nvidia Dragged Lower on Gaming Outlook
Nvidia (NVDA) stepped up to the earnings plate last night. There was a lot of pressure to perform. Supply issues led to poor performance and […]
The Dry Bulk Industry Continues to Thrive
There has been one common theme in first-quarter earnings reports- Shipping costs are elevated. This has been detrimental to gross margins for most companies. The […]
The Market Recovery Snapped
Markets began a potential bottoming process on May 12. Support levels started to form in a sideways consolidating pattern. The fallout from the Fed’s rate […]
Target Misses Its Mark
The S&P is down 17.7% in its first 95 days of trading in 2022. This marks the second-worst start ever for the index (1932 we […]
The Tale of Two Retailers
Two of the World’s largest retailers, Home Depot (HD) and Wal-Mart (WMT) posted first-quarter results. The earnings and price action reflect a divergence. HD shares […]