Walmart delivered another great quarter which saw two of the main indicators that move the stock get reported in a positive fashion. Those numbers are US comp sales and ecommerce sales. In simple terms, revenue at US stores is up, and Walmart continues to deliver gains in ecommerce showing that Walmart, at a minimum, isn't getting crushed by Amazon. It's worth noting that a … [Read more...] about Market Brief (Feb. 19, 2019): Is Walmart catching up to Amazon?
Back in mid December, I wrote the market brief talking about how tech is on sale, and asked the question if you should be buying at these levels. Specifically, about Facebook, I wrote the following: Now, with that out of the way, it’s definitely a great time to buy these stocks. Recently I filtered through stock data and discovered that there are only four US non-energy … [Read more...] about Market Brief (Jan. 31, 2019): Facebook pops, again proving that investors should ignore most of the press
Ford announced its earnings after market close last night, and there wasn't much to note. The company is in the midst of a massive restructuring after years of pretty mediocre execution in the auto sector. In the summer of 2018, the stock took a big hit. Ford has struggling businesses around the globe, while its North American business remains really strong - driven mostly … [Read more...] about Market Brief (Jan. 24, 2019): Ford (F) as an example of a downtrodden, dividend play
The reaction to Netflix's latest quarter announcements has been odd. Headlines range from "Netflix beats" to "Netflix misses" and everywhere in between. But, I guess this is what you should expect in today's world where nobody really does any research. The bottom line is that Netflix is incredibly dominant, and this quarter just further cements this opinion. Netflix is … [Read more...] about Market Brief (Jan. 18, 2019): Netflix growth accelerates
The Dow closed down over 600 points yesterday on news of Apple's pre-announced revenue miss. Today, the market is up over 700 points. What's the correct trend? To me, the trend is lower, and today gives you an opportunity to unload some equities exposure. A few reasons why: The jobs report that was very good today is a lagging indicator. Jobs will often continue to power … [Read more...] about Market Brief (Jan. 4, 2019): Selling into this rally
I've had a number of people ask, what's causing the market volatility? The economy is good! Why would the market be going lower if the economy is good? Unemployment is low, consumer sentiment is still good, corporate earnings are still great, so what gives? For new investors, it's important to always remember that the stock market is a forward looking vehicle. A company … [Read more...] about Market Brief (Dec. 7, 2018): What’s causing the volatility?