Stocks Approach the Danger Zone as Fed Meeting Looms
The major indexes were flat to start the week as investors considered JPMorgan Chase’s takeover of First Republic Bank. First Republic cratered last week, falling over 70% when it reported earnings, revealing that deposits dropped more than 40% in the first quarter....
Why I Don’t Trust the Action in the Nasdaq Right Now
The market stumbled Friday morning as investors considered the latest round of earnings reports. Amazon.com Inc. (Nasdaq: AMZN) beat revenue estimates but reported its cloud business decelerated in the first quarter. Shares initially rose but were down 3% Friday...
My Top ETF and Option as Market Braces for Biggest Report of the Quarter
The market rose Thursday morning following a strong quarterly earnings report from Facebook parent Meta Platforms. The social media company beat both top- and bottom-line estimates. Its second-quarter guidance also came in above analysts’ expectations. The news...
What Strong Tech Earnings Mean for the Strength of the Economy
Before I get to today’s stock market outlook, I wanted to let you know that I’ll soon be going live alongside Celeste Lindman and Jack Carter at 11 a.m. ET for today’s Roundtable session with Don Yocham! We’ll be discussing earnings and whether recession warning...
The Strongest and Weakest Stocks as Big Tech Prepares to Report
The major indexes slipped Tuesday morning as investors considered the latest round of earnings reports. First Republic Bank fell more than 20% after revealing that deposits dropped 40% in the first quarter, and that it will have to trim expenses in the second...GET IN TOUCH
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