Forget Snap… There’s a Much Bigger PictureNext week we have the Fed (expected to raise 75 bps) and big-tech earnings. Both will move markets - but I give more weight to what we hear from Apple, Amazon, Google and Microsoft.
Snap. Crackle. Drop!Feb 2017 you could have bought Snapchat for $24. Fast forward 5.5 years and the stock trades for less than $10. It's a train wreck... and it's not about to improve
Bear Market Rally? Or ‘the’ Bottom for 2022?Some feel the bottom could be in for 2022. They might be right. Who knows? Sentiment has not been this negative since 2008. However, I think probabilities still favour lower lows.
Can Netflix Turn its Business Around? Netflix lost 1M subscribers over Q2 2022. That's 1M less than expected however it's not great. However, there are 4 things Netflix can do to turn things around... and there's room for optimism. But can they do it?
Remain Vigilant When Adding RiskOver the next few weeks we will hear how US companies navigated a difficult Q2. More importantly, we will also receive guidance looking forward. This will lead to analysts lowering their earnings targets... something the stock market is yet to price in.
Sell this Bounce… and Why NZ is Worth WatchingWe are in the midst of a bear market rally - but I don't trust it for three reasons. Separately, is New Zealand a canary in the coal mine regarding the impact of raising interest rates?
What Did We Learn from NIKE?NIKE's disappointing earnings today warned us a recession looms. And whilst the stock is 43% off its highs - it's not yet a buy. It's going lower.
Market Poised to Rally… But Tread CarefullyBear market bounce or market bottom? For me, it's the former. Two things: (i) we still need to see earnings revisions come down; and (ii) the market has a large technical hurdle it's yet to clear...
S&P 500: Zones to Start Buying for the Long-TermS&P 500 has given up ~12% in just two weeks. 11 of the past 12 weeks have seen declines.That's not something you see too often... but it is a time you should be sharpening your pencil... and getting very excited.
Fed Hints at ~3.50% by Year’s EndFor the first time since '94 - the Fed raised rates by 75 basis points. You can lock in 75 bps for July. However, they will need to do a lot more to tame unwanted inflation.
