Joe Terranova

Job cuts are coming in their most profitable division to protect margins. This is important. The consumer is weakening and business spending is shrinking. Tech is in a recession (for the past 6 months). Doesn't mean stock prices will decline further.

Upgraded today. A staple. They've done a fantastic job managing its balance sheet and diversifying its products, not only beverages but also snacks. Revenue grows 10% annually in the last two years. Strong and unusual.

It's the disinflation formation: 2-year below 4%, commodities leading down as the Nasdaq outperforms the other indices. This week has cracked investor confidence. The reality is nobody is making money this year. The year started being long commodities and financials and those are not working. This will lead to less liquidity in the market, because investors will pull back their cash into there is clarity.

Be careful going into to cash, because you could miss the timing when it's actually better to be in stocks. He doesn't advocate raising cash.

How long can both keep cutting jobs until they can't cut anymore? FedEx retained pricing power with ground revenues up 7%. Interesting. How long can they maintain this edge as we enter a recession?

How long can both keep cutting jobs until they can't cut anymore? FedEx retained pricing power with ground revenues up 7%. Interesting. How long can they maintain this edge as we enter a recession.

Better to own this than the semis for decent valuations, strong fundamentals and momentum as semis clearly bottom. The same with MCHP-Q and ON Semi.

First, oil is under a lot of pressure now. Valero at $100 would mean crude at $50. Look at the end of each quarter to buy--buy according to timing, nor price.

In a strongly disinflationary time, gold is the right trade. Stay long.

Goldman reversed its signal for the first time in 5years. Apple is trying to restore its momentum and has a huge influential on the wider market. Apple's fundamentals are sound. 

The market is about managing risk. He just bought a short-term, establishing position in QQQ. This could ride re-positioning in the market at little risk.

He last bought this in 2019. It's a long-term holding. He likes it that the CEO bought $10 million in shares. This has broken above its 200-day moving average. They are cost-cutting and managing efficiencies. This has more upside than downside for a long-term investor.

He stopped out of this. The mild winter weather in the U.S. and Europe has meant lower nat gas prices. He expects the price to be in the range of $2-5 going forward. Instead of nat gas, lean towards oil.

A great company that's impervious to rate hikes. They pay down their debt which is 3% of overall annual cash flow. They reduced debt by 20% last year. 23% revenue growth in the past year.

He bought this for its strong fundamentals, but momentum is clearly waning. He will review his holding in April.