1 Stock to Buy, 1 Stock to Sell This Week: Nvidia, ExxonMobil
Fed rate decision, Powell comments, bank crisis developments will drive markets in the week ahead. Nvidia stock is set to shine amid AI buzz ahead of ‘GTC 2023’ event. ExxonMobil...
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February Global Commentary: Markets Lose Steam on US Inflation Worries
After a strong start to the year, global markets lost steam in February (MSCI World -2.4% MoM), with US employment and inflation data seemingly dashing investor hopes that the US Federal...
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JSE Rallies Despite Grey-Listing Concerns
Despite grey-listing concerns, the local bourse gained more than 1% on Thursday mainly supported by financials, resource-linked stocks, and industrials. The Financial Action Task Force...
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Nvidia Stock Surges as Gaming Drives Earnings Beat
Shares of Nvidia (NASDAQ:NVDA) are trading sharply higher on Thursday after the chip company {{erl-6497||reported better-than-expected results for its fourth quarter. Nvidia beat on revenue...
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1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Moderna
PCE inflation data, Fed FOMC minutes, retailer earnings in focus. Walmart stock is a buy amid strong results, upbeat guidance. Moderna shares set to underperform on big profit drop, sluggish...
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Ripe For The Swipe
Market ScorecardUS markets moved higher again on Friday and both major indices posted impressive gains for the week. The S&P 500 was up 2.5% while the Nasdaq jumped 4.3% over the five...
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2 Growth Stocks to Buy as Tech Trade Returns After Long Break
The Nasdaq has led gains on Wall Street in 2023, outperforming the Dow and S&P 500 Tech growth names have come back in favor as receding inflation fears drive hopes of smaller rate hikes...
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Jay And Pay
Market ScorecardUS markets softened slightly last night, following some mixed corporate earnings. We are now about 15% into this earnings season and we haven't seen any major downgrades to...
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Tech Takes A Refreshing Shower
Market Scorecard US markets enjoyed another positive session last night, as the upbeat tone in recent days continued. Central bankers are now expected to consider a smaller increase in...
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2023 Market Outlook: 15 Top Stock Picks for the New Year
The U.S. stock market is on track for its worst year since 2008, with the S&P 500 down 19.6% year-to-date. The market’s trajectory in 2023 will continue to be dictated by rising...
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Stocks Drop Following Blistering Retail Sales Data
If inflation is cooling, you would never know from those retail sales numbers that came out yesterday. I’m not going to get into all the data, but the numbers were better than...
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Nvidia Earnings This Week to Test 40% Share Jump
|Nvidia’s stock has staged a powerful rebound over the past month on hopes that the worst is over for chipmakers |NVDA stock is also benefiting from the company’s release of...
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Amgen Gets Lean
Market Scorecard Like a punch-drunk boxer, US markets wobbled during the day, but somehow rallied in the afternoon to win the day. Meanwhile, US midterm election results are rolling in and...
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Why Chip Cycle Is A Double Whammy For Nvidia
Semiconductor bulls believed the chip cycle had come to an end. That no longer appears to be the case Plunging demand hitting near-term performance and colors past results NVDA is down 68%...
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Expect A Wild October
October is historically the U.S. stock market’s most volatile month Market focus on nonfarm payrolls report, CPI, Q3 earnings Brace for more violent swings in the coming weeks Stocks...
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1 Stock To Buy, 1 Stock To Dump This Week: Nvidia, Meta Platforms
Fed rate hike, Powell comments to drive sentiment |Nvidia stock is a buy ahead of its GTC conference |Meta Platforms set for more losses amid ongoing headwinds Stocks on Wall Street tumbled...
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Chart Of The Day: Sales Restriction To China, Russia Adds To NVIDIA Woes
Bernstein's semiconductor analyst Stacy Rasgon downgraded NVIDIA's (NASDAQ:NVDA) price target to $180 from $210.The US government instructed the chipmaker to stop selling chips to China and...
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The SKKY Is The Limit
Market Scorecard Finally, we have some good news for you! US markets had a great day yesterday, closing firmly in the green. All three major indices rose, and all sectors were up except...
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Be Ready, Powell And The Fed May Cause Some Pain
Until August 26, the stock market had spent the month muddling. Just like most Augusts, Wall Street had gone on vacation. A long Labor Day weekend was coming. Not much to worry about, except...
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Stocks Move Near A Massive Inflection Point
Stocks managed to fall again yesterday, with the S&P 500 slumping 1.1%. The index got as low as 3,965, or 15 points from 3,950, and good enough for me, target hit.Believe it or not, this is...
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The Centre Of Data
Market ScorecardOn Thursday, US markets bounced nicely in afternoon trade and closed firmly in the green. Stocks have now risen for two straight sessions as investors await the Fed's...
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Oil’s Iran Cliffhanger: What To Know And What To Expect
EU attempting to revive Iran nuclear deal with market staying pessimistic Crude prices could rebound from oversold conditions but stay off 2022 highs Both Iran, US likely looking for 'win'...
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S&P 500 In Overbought Territory
Stocks rallied last Friday, with the S&P 500 finishing higher by 1.7% to close around 4,280. At this point, the index has risen into overbought territory with an RSI now 71 and at the...
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