March 11, 2025
“The Job Openings and Labor Turnover Survey showed that postings rose to 7.74 million on the month, up 232,000 from December, slightly ahead of the 7.6 million forecast. Quits, a measure of worker confidence in the ability to move to… Continue Reading…
March 11, 2025
“The Dow Jones Industrial Average fell Tuesday after President Donald Trump placed additional tariffs on Canadian steel and aluminum coming into the U.S. The 30-stock average lost 565 points, or 1.4%, while the S&P 500 dropped 1%. The Nasdaq Composite slipped 0.6%. In a Truth Social… Continue Reading…
March 10, 2025
“…The Dow Jones Industrial Average dropped 392 points, or 0.9%. The S&P 500 shed 1.8%, and the Nasdaq Composite lost 2.8%. The tech-heavy Nasdaq was weighed down by declines in the “Magnificent Seven” cohort. Tesla shed 6%, Alphabet fell 4%, Meta lost 3% and AI darling Nvidia slipped 2%….” https://www.cnbc.com/2025/03/09/stock-market-news-today-live-updates.html How long have I… Continue Reading…
February 12, 2025
https://finance.yahoo.com/news/the-magnificent-7-trade-is-struggling–heres-why-181716458.html I don’t care enough to read what the article has to say. The magnificent 7 are overvalued. It’s that simple. The current stock market is top heavy. Smaller companies are not overvalued as much. If the stock market tanks… Continue Reading…
January 27, 2025
“U.S. technology firms like Nvidia plunged, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off. DeepSeek launched a free, open-source large language model in late December, claiming it was… Continue Reading…
January 27, 2025
“…Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on dominance of U.S. companies in this sector. Startup DeepSeek last week launched a… Continue Reading…
January 9, 2025
https://finance.yahoo.com/news/bank-of-america-downgrades-tesla-stock-raises-price-target-saying-execution-risk-is-high-202959359.html I’m not interested in what the article has to say. More importantly Bank Of America is acting like Tesla is a risk? While that may or may not be true Bank Of America itself is a bigger risk because… Continue Reading…
January 8, 2025
https://www.cnbc.com/2025/01/07/hedge-at-start-of-2025-are-dumping-shares-at-fastest-pace-in-7-months.html The article is behind a paywall but I want to say a couple things about the headline. This is good news for highly shorted stocks like GME and AMC. Hedge funds don’t seem so bold now. Lets see how… Continue Reading…
January 7, 2025
“Nvidia (NVDA) stock closed at a record high on Monday ahead of CEO Jensen Huang’s keynote address at the annual Consumer Electronics Show (CES) in Las Vegas. Shares rose more than 3% to $149.43 — north of Nvidia’s previous record closing price… Continue Reading…
January 7, 2025
“…TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers. Revenue for Apple’s biggest iPhone assembler jumped 15.2% to T$2.13… Continue Reading…
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