Newsletter
I am going to show you how I use my Tools to find stocks that are “bucking the trend.” What do I mean by that? The markets had a two-day sell off, Day two being today. Despite that and the concern of a further short-term decline in the markets, one tact people can take is […]
Tom Gentile
I say this rather facetiously, because from the morning broadcast to even now, (likely after the closing bell is when you are reading this) all the talk is the anticipation, OR by now the earnings number of NVIDIA Corporation (NVDA). AI and AI stock have been all the rage for a big chunk of this […]
The FOMC hasn’t performed an interest rate cut since they did an emergency easing in the early days of the Covid crisis. On the economic front newly revised employment numbers were reported today. The Bureau of Labor Statistics said there was nearly 30% less jobs created than was initially reported. This is a reason the […]
The CPI was reported this morning. CPI is the Consumer Price Index, and it provides insight into how fast prices are changing across the U.S. economy. It’s number shows it rose 2.9% in July from this time a year ago. That was the lowest reading since March 2021. Tomorrow’s Initial Jobless Claims report and the […]
We are more towards the back end of earnings reporting for Q2. I went to a website I like to use for my research when trying to see how the overall results of earnings have or are playing out for the company’s in the S&P 500 to get that assessment. Per FactSet, and the author […]
Today the Federal Open Market Committee (FOMC) voted to hold rates where they are – no change. That wasn’t a surprise. What everyone is / was focused on was the Fed’s view on inflation and if they are going to give a more definitive signal they are going to perform their first rate cut in […]
It is with a heavy heart I bring you all the news of the passing today of Kevin Heitschmidt. He is / was a friend of mine, my team and our programmers, John, Ray, and Jim. For those of you that did not know Kevin, know this… you ALL have benefited from him being in […]
Talk about your parabolic moves! Are you asking yourself what is a parabolic move? If so, look no further than UnitedHealth Group, Incorporated (NYSE: UNH) or Caterpillar, Inc. (NYSE: CAT) over the past 6-trading days and you can actually see it on the charts. The Nasdaq, at the time of this writing was under a […]
With excessive heat rising across various parts of the country it is nice to at least see Inflation showing signs of cooling off. The Consumer Price Index (CPI), which is a measure of the average change over time of prices paid by consumers for certain goods and services. The monthly inflation rate dipped in June […]
