I See a BIG Red Flag With Consumer Stocks. Plus, a Deep Dive Into Algos

The major indices are up premarket and we finally have a debt ceiling bill in place.  Friday’s big report is the employment situation, and payrolls rose by 339,000 for May, much better than the 190,000 Dow Jones estimate. It was the 29th straight month of positive...

My Top ETF as GameStop Prepares to Report Earnings

The market is little changed following news that the U.S. House passed a debt ceiling bill and sent it to the Senate.

My Top Trades With More Tech Earnings on Deck

The market was down Wednesday morning as traders awaited news of debt ceiling progress out of Washington.

2 Overdone Sectors and an End to the Debt Ceiling Crisis

2 Overdone Sectors and an End to the Debt Ceiling Crisis

 The major indexes rose to start the shortened trading week Tuesday morning on positive news regarding the debt ceiling debate. President Joe Biden and House Speaker Kevin McCarthy appeared to reach a deal over the long Memorial Day weekend on raising the U.S. debt...

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My Top ETF and Option as NVDA Reports Earnings

My Top ETF and Option as NVDA Reports Earnings

 The S&P 500 and Nasdaq jumped Thursday morning on a strong earnings report from Nvidia. NVIDIA Corp. (Nasdaq: NVDA) beat both top- and bottom-line estimates and reported stronger-than-expected revenue guidance for the second quarter, causing shares to surge 25%....

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There’s Heavy Downside Pressure on Chip Stocks, Nasdaq

There’s Heavy Downside Pressure on Chip Stocks, Nasdaq

 The major indexes fell again Wednesday morning as June 1 approaches and investors grow nervous. June 1 is the earliest expected date that the U.S. could default on its debt, as Treasury Secretary Janet Yellen has warned. Monday’s negotiations between President Joe...

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My Top Long and Short Picks as the Broader Market Stagnates

My Top Long and Short Picks as the Broader Market Stagnates

 The major indexes fell Tuesday morning as the debt ceiling debate wages on. Monday’s negotiations between President Joe Biden and House Speaker Kevin McCarthy failed to end in a resolution, causing investors to grow nervous as the June 1 deadline approaches....

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