If oil can sustain current levels, oil socks should be okay for 2023. In recent months, oil stocks like Exxon have held in there, recently touching new highs.
Washington bans Tik Tok, but Meta shares still decline 1% today Do you believe in the vision of this company 5-10 years from now? He expected a TikTok ban to boost Meta shares by 20% in a day or two.
Apple vs. Tesla in 2023 Apple is now trading reasonably at a market PE of 18x 2023PE. At least, there's light at the end of the tunnel, given its innovative history. Tesla has been a shorting stocks recently. He chooses Apple by a landslide.
Apple vs. Tesla in 2023 Apple is now trading reasonably at a market PE of 18x 2023PE. At least, there's light at the end of the tunnel, given its innovative history. Tesla has been a shorting stocks recently. He chooses Apple by a landslide.
Lululemon stated that an 84% increase in inventory year-over-year was planned, but he doesn't believe that. The stock is paying forward now, because valuations matter and margins contract.
Amazon is at a three-year low. But it has seen some amazing rallies in the recent past. They report earnings in a few weeks. Shares are so bad that they're good.
Indicators point to an end to this bear market coming, that it will burn itself out. Until then, there remains more downside. He predicts the S&P to fall to 3,400. Of the sectors to buy, healthcare isn't immune to a market sell-off but will outperform.
Its stock moves have been dramatic. It's an extraordinarily important company. The valuation isn't there yet, but it's getting a lot closer. As painful as its decline has been, it is a necessary evil.
He read hawkish tones in last week's Fed announcement, not dovish. Even if the next CPI comes down, it's still historically higher. The market will go lower. The effects of the Fed hikes won't be felt for some time, many months.
Shares are bouncing today after Beoing got FDA approval to resume producing their 787. But shares are still in a significant downturn from March 2019. This has room to rise to $185, but that's when you pull the ripcord.