Palo Alto’s Latest Earnings Report, and Countdown to Jackson Hole & Retail Earnings 8/18/23
Palo Alto shares on the move after a rare Friday night earnings report. What the cyber security company had to say about the quarter that got the stock rocking. Plus, Jackson Hole, Nvidia and a slew o...
18 Aug 202323min
10-Year Posts Highest Close in 15 Years, and Is the CVS Business Model Broken? 8/17/23
The yield on 10-year treasurys hit their highest intraday level since October and their highest close since 2008. The move gave stocks another reason to fall on Thursday, with the Dow closing below it...
17 Aug 202344min
A “Targeted” Problem, or a Bigger Concern? Plus What Treasury Yields’ Big Rise Mean For Markets 8/16/23
Target shares jumped despite a dismal quarter. The company raising concerns over demand as it slashed guidance for the year. But is this a Target-specific problem, or an indication of a deeper consume...
16 Aug 202344min
Stocks Breach Key Level and China Sees Further Slowdown 8/15/23
The S&P closed below its 50-day moving average for the first time since late March and Apple breached its 100-DMA for the first time since January. What do the breakdowns mean for the market? Plus Chi...
15 Aug 202344min
Is the Consumer Stronger Than We Think? And Where Are Oil Prices Heading Into Summer’s End 8/14/23
Stocks posted gains as investors awaited results from the country’s biggest retailers. And while there are plenty of reasons to think the consumer would be under pressure this season, a new note sugge...
14 Aug 202344min
Countdown to Consumer Earnings and Are Semis Set to Break Down? 8/11/23
The nation’s biggest retailers start reporting earnings next week, with Walmart, Target, Home Depot and more all on the calendar. What clues will they offer us into the state of the consumer, and how ...
11 Aug 202322min
Has Softening Inflation Lost Its Luster? And the CEO of Archer Aviation on the Future of eVTOLs 8/10/23
Stocks closed well off their highs even as inflation came in lower than expected in July. The Dow nearly erased all of a 455 point gain, and the S&P only rose a point. Does the action today suggest in...
10 Aug 202344min
A Canary in the Coal Mine for the Markets, and Digging in on Disney’s Report 8/9/23
Shares of Super Micro dropped nearly 25% after a warning on demand for its AI servers. The move took much bigger stocks like Nvidia down with it. Is this a signal that there’s even more pain to come f...
9 Aug 202344min
