Even though it looks like the Fed is pushing stocks over the edge at the moment, it’s going to be the earnings that are the next shoe to drop. We want to watch earnings, especially in the consumer and retail space, to gauge the underlying strength of the economy. This week, it is the wholesale membership giant,ContinueContinue reading “Earnings Edge: Two Key Earnings on Deck (COST, CTAS)”
Category Archives: Chad Shoop
Bank It or Tank It – Assessing the Prospects of AAPL, YUM, DDD, T, and X
This market is resilient, I’ll give it that. But the straw that broke the camels back may come this week. The Federal Reserve is set to hold another meeting and could allude to higher rates for longer than expected. That’s going to cause an adjustment in everyone’s view of the market. And it won’t beContinueContinue reading “Bank It or Tank It – Assessing the Prospects of AAPL, YUM, DDD, T, and X”
Market Update: “M” Pattern in Play for SPX
Have you looked at the 30-year mortgage rate recently? It’s the catalyst for the next crash, so it is worth paying attention to. The issue isn’t a housing crash. It’s a credit crash. Housing will dip, but not like ’08. The problem lies with how quick rates raised. There are people who just got into aContinueContinue reading “Market Update: “M” Pattern in Play for SPX”
Earnings Edge: Mega cap Stocks on Deck; MSFT, GOOG and META
Earnings season for the first half of the year is well underway. But this weeks line up of mega cap stocks, those with over $1 trillion in market cap, are hitting the tape. We got Microsoft, Alphabet and Meta on tap this week. Today, I’ll break down what you can expect from each. And I’m doingContinueContinue reading “Earnings Edge: Mega cap Stocks on Deck; MSFT, GOOG and META”
MSFT’s New Artificial Intelligence Subscription Will Mark the Top!
I get it. AI is hip. It’s cool. And if you say you can help use it on daily tasks, it’s a great look. But this is not the next crypto wave where everything with AI in its name shoots sky high. This is different. And I think Microsoft just marked the top. I love AI justContinueContinue reading “MSFT’s New Artificial Intelligence Subscription Will Mark the Top!”
The Four Most Dangerous Words in Investing… And I hear them every day!
This time it’s different. The quote, “The four most dangerous words in investing are: ‘This time it’s different,'” is attributed to Sir John Templeton, a renowned investor and mutual fund pioneer. As his name alludes to, this is not a recent quote. Templeton was born in 1912, just before the Federal Reserve was created. HeContinueContinue reading “The Four Most Dangerous Words in Investing… And I hear them every day!”
One Sector to Bank On, One About to Tank! Here’s what I know…
It’s easy enough to spot sectors that are rising or falling. That’s not what I want to do. I’m looking for sectors and stocks about to make a sudden shift. Shifts that create excellent opportunities for those willing to jump in. This week, there are two diverging opportunities. One is a sector setting up forContinueContinue reading “One Sector to Bank On, One About to Tank! Here’s what I know…”
Bank It or Tank It: Setting Up Plays for the Next Big Move!
I’m a big sports fan. Almost as much as I like to trade, I like to watch sports. And the big overlap between the two, aside from the competitiveness of it all, is the concept of looking one step ahead. You always have to have your eye on the next big move. It’s a difficult process thatContinueContinue reading “Bank It or Tank It: Setting Up Plays for the Next Big Move!”
Selling Options for Income is Still on Hold, let me explain…
Selling options for income was my number one income strategy for basically a decade. 10 years, it would outperform almost all investment strategies. But this strategy has been on hold for over a year now. Here’s why… Selling Options for Income is on Pause I’m not abandoning it forever. It is still my favorite wayContinueContinue reading “Selling Options for Income is Still on Hold, let me explain…”
Stuck Being Bearish? That’s Okay, here’s why…
I’ll be the first to admit, we are not always right. The other week, I wrote that it was the perfect time to turn bearish. Stocks have slid lower since then, but I could still be wrong. But it hasn’t stopped me from staying bearish in June as we look for more opportunities to the downside.ContinueContinue reading “Stuck Being Bearish? That’s Okay, here’s why…”