M-I-C-K-E-Y M-O-U-S-E! Ah the joyous sound of children singing that song. This is one of the many reasons why the Mouse House is billed as “The Happiest Place on Earth”. Investors may take umbrage with that statement. Shares of the company are down -45% from last year when it hit an all-time high and down…
Electric Vehicles were hot thematic plays in 2020-21. That came to a screeching halt as production lines were impacted by semiconductor shortages and a Fed tightening cycle ended overzealous speculation. The sell-off in these EV plays has been brutal. Many of the stocks are down over 40% year-to-date and some are down over 90% from…
Semiconductors are a curious case for the market. The group has enjoyed a long cycle of demand and grown at an incredible pace. However, investors remain concerned about a ‘peak’ cycle in the group. This is a concept that argues, that while sales are fantastic, they are not sustainable. Price action in the group suggests…
Markets ripped higher in late trade on Wednesday. The move came in response to a question posted to Fed Chair Jerome Powell at his press conference- Would the Fed raise rates 75 basis points in its next meeting? Powell was direct in his response- “75 basis points is not something the committee is actively considering”….
Markets are under significant selling pressure. The Nasdaq entered bear market territory following its April swoon. Sentiment remains negative as evident by the sub-40 Relative Strength Index (RSI) readings in the QQQs and SPY. This decline sets up the potential for a bear market rally. These are rallies that are sparked by short-covering and fast…
We enter the heart of Q1 earnings season with the VIX trading above 30. The combination of headline noise with skittish market sentiment sets up for volatile price action. Tracking the winners and losers can be difficult as price action will not necessarily match fundamentals. We want to break down some key earnings and price…
Markets are under pressure as we prepare for the busiest week of earnings. Over the next five sessions, 167 companies from the S&P report Q1 results. This includes four of the five companies that are in the ultra-exclusive “Trillian Dollar Club”. Alphabet (GOOG) and Microsoft (MSFT) report earnings Tuesday after the market closes. Amazon (AMZN)…
In 2019, the NotPetya cyberattack cost U.S. multinationals approximately $10 billion in damages. NotPetya was malware used by Russian hackers to attack Ukraine, but it went beyond its intended target. It was the largest single attack by a state-sponsored entity in the history of the World. Again, this was an unintended strike on the U.S…..
Netflix’ takeover of Blockbuster as the go-to video platform for consumers is one of the most popular case studies for business academics. It was a classic case of David beating Goliath as the later failed to understand the changing economic landscape. The last two quarters, NFLX has looked more like Blockbuster than a streaming giant…
Key Earnings You Must Watch Earnings season is upon us. Markets have been battered with cautious macro headlines over the past couple of months. Bears warn markets about rising rates, geopolitical turmoil, inflationary pressures, supply chain constraints, and weaker margins. These warnings have won the day as evident by the latest AAII data which saw…
