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U.S. data, Fed rate outlook in focus this week. Apple stock is a buy ahead of highly anticipated WWDC23 event. Nio shares set to underperform with downbeat earnings on deck. Looking for a helping hand...
On The Trading Floor this week Piers and I discuss three hot topics: Now a US debt ceiling deal has been struck what next for financial markets? Stocks are still going up, mainly led by big tech but...
The biggest technology giants in the US have seen a resurgence in 2023 after a shaky year, driving the S&P 500 gains and increasing their dominance in the index. However, due to this high...
The A.I. chase is making for a very narrow market. As Bob Farrell once quipped: “Markets are strongest when they are broad and weakest when they narrow to a handful of blue-chip names.”...
The artificial intelligence, or “AI,” revolution is upon us. The financial media and headlines are abuzz with stories of generative “AI” and the subsequent “industrial...
In this episode, Piers and I take stock of the US banking crisis after regulators seized and sold First Republic Bank to J.P. Morgan marking the second-largest bank failure in US history. We recap...
There has been a lot of talk in recent months about the narrowness of the rally in stocks so far this year. It’s no secret that the majority of the gains for the index have come from just a handful of...
Apple's Q2 2023 earnings forecast shows a decline in revenue and earnings per share, indicating vulnerability to the challenging macroeconomic environment Still, the company's cash pile and low EPS...
The US economy is expected to enter a recession by the end of the year. Despite the risks, investing in equities may still be a viable option. The S&P 500 appears to be in an uptrend, but the 4200...
Fed rate hike, Powell comments, U.S. jobs report, and more earnings will drive sentiment this week. Apple stock is a buy with earnings due on Thursday. AMD shares are a sell amid expected weak Q1...
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