The Case Against Intel

Last week, semiconductor giant Intel (NASDAQ: INTC) reported earnings that were…um…bad. Intel shares closed at $30.03 on Thursday, January 26. The stock opened for trading Friday morning at $27.07, down 10% after a surprise earnings miss.

Trading Plan Update

I love it when a plan comes together. And it’s even better when that plan involves making some loot. We had been looking for the right entry point for an Amazon (NASDAQ: AMZN) trade

Today's Trading Plan

Amazon shares have performed much worse than Microsoft over the last year. But if investors get the feeling that Amazon can put up similar metrics for its Amazon Web Services as what we saw from Microsoft, I think Amazon will rally.

Ford's Big Mistake

Iconic American carmaker Ford just made a big mistake. In an effort to get around supply constraints for nickel and cobalt for electric car batteries, Ford decided to use lithium iron phosphate batteries for all of its electric F-150 Lightning trucks.

An Irresponsible Message

Given the state of relations between the U.S. and China, China’s ongoing struggle with COVID and its effect on supply chains for companies like Apple, and the importance of the Chinese consumer on companies like Tesla, it’s a pretty good bet that something “China” and “stocks” will be in the news pretty often.

Pharma and Globalization

They say the current shortage of amoxicillin – along with a bunch of other drugs, like ibuprofen and acetaminophen and local anesthetics like lidocaine – is the result of higher than average demand.

Tomorrow's Trading Plan

Back on January 4 and January 7, I was looking at the potential for the stock market to put together a decent rally. Well here we are on January 16 and stocks have been acting downright frisky.

Tesla's Personality Crisis

A modern day Thomas Edison and Henry Ford rolled into one, Musk hit rockstar status in 2018 when he sparked up that joint on Joe Rogan’s podcast. Brilliant, wildly successful, rebellious, sense of humor – my daughter went to Baltimore’s top STEM high school in Baltimore, she said every student there followed him on Twitter.

The Case for Rivian Automotive

There’s nothing sexy about delivery vans (though I will admit that I really like those Mercedes Sprinters). But the numbers that can be generated from supplying vehicles to massive delivery fleets like what FedEX, UPS and even the USPS operates are very seductive. And so it’s an attractive market for EV makers.

Office Parties and Market Trends

I’ve been to enough holiday office parties to know the risks. The last couple months of any year is crunch-time for most businesses. Stress builds. And minds wander to gift shopping, travel planning, teenage kids cramming final exams while grade school kids prep for holiday concerts – distractions that feed the stressful frenzy…

About that Rally...

On Wednesday, I discussed the possibility that a rally might be brewing. For Exhibit A, I pointed out that the S&P 500 held above support at 3,818 for 10 of the previous 11 days. Exhibit B was the simple observation that stock prices in general had held pretty steady, even as the newsflow leaned negative – with a downgrade for bellwether Microsoft (NASDAQ: MSFT) and negative demand news for Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA).

Rally Time?

Well, here we are: 2023. With nearly 2 whole trading days completed for the new year, I thought *now* would be a good time to take a look at the recent action and make some sweeping generalizations about how stocks will trade over the next 12 months.