Joe Terranova

This is huge news. Search is their cash cow, their primary business. The concern over recent years is that Google is not moving fast enough to fend off competition. Maybe the best outcome is that Alphabet split into businesses. They will have to innovate and evolve to replace that search cash cow, and he thinks they can do it.

Most important is that market sentiment has been depressed for so long, so this report changes that sentiment. Subs on streaming were strong. He likes this report.

He sold it. Momentum faded from a revenue slowdown. He owned it for a long time.

Sold it. Airlines have always been only a trade and now they lack momentum. Quite the opposite.

Is outperforming the sector. Buyers will re-surface on any pullback. Management recovered from last summer's misstep. There remains good demand for cybersecurity, a dominant theme in tech.

A cybersecurity name that flies beneath the radar. A reasonable 30x PE.

Is -18% so far this week. If you hold it, ask what is the journey in your ownership of this stock. He entered this at $76 last summer. They had a parabolic move and obviously, he's unhappy with the recent downward move. It reported Feb. 12, made a new high on Feb. 13, then unwound after that. He predicted institutional selling, which is happening now. Rising volumes may lead to a near-term bottom, and will likely go sideways.

It feels like NVDA is running in place, up 5% since August 28, 2024 earnings. Today's report will be the first time since mid-2022 when the stock has been negative since its prior report. In options, you're getting more of a premium for the puts vs. the calls. He doesn't know if this is the right play. NVDA now is consolidating and expects shares to pingpong between $115 and $145.

Earnings beat and an excellent report, but guidance was conservative, and he expects TJX will beat it. They're in the sweet spot as off-price consumer goods are doing well. TJX has replaced Target in retail in consumer discretionary.

Like TJX, their momentum is not unwinding, and shares will push to new all-time highs. It's on a streak now, of 7 straight days, that we haven't seen in 2 years.

Awful momentum, but he likes Coupang for its 20% revenue growth and will approach an all-time high.

Is up ahead of earnings today. It's all about Agentforce--what has been the adoption been for this AI tool? Guidance is 9.2%. Will they hit it?

Watch the negative correlation trade.  Over 6 months, IGV is up 15% and semis were flat, but the past month IGV is -5% and semis +1%. Nvidia and CRM report tonight--what will be the impact?

It will be a complicated report today. Prices in Q4 declined which will effect free cash flow. He expects EOG to reduce capex full year, which the street night like.

Homebuilders are tied to interest rates. Look at the US 10-year yield; it needs to be 50-75 basis points lower to revive positive momentum in all the homebuilders.