Thursday, August 10, 2017

CPI Tomorrow: Matters For Bonds... And Stocks: Still Bullish

food prices cpi
Checked your prices? CPI out tomorrow.
CPI matters tomorrow. It matters if it finally moves up. It's been dragging slower and slower leaving bonds strong. We're bullish on bonds, stocks, and pretty much everything. But Elazar, the market's down today. We're here to tell you the stock market is allowed to be down.

Wednesday, August 9, 2017

Big News: The Stock Market Is Down Premarket

president donald trump
You know we're putting Trump
pictures now regardless of
whatever this report is about.
You've been lulled into thinking that the stock market only goes up. We're here to break it to you that it's very normal for the stock market to go up.... and down on any given day. We would add though that just because the market is down pre-market or even by the close, that does not mean anything has changed. This our special report:  Down-day Premarket Handholding.

Tuesday, August 8, 2017

Stock Market: Did You Get The "Buy Everything" Email

Did you get the 'buy everything email?'
We wrote on Sunday that earnings and jobs are doing great. We've been impressing on you that that's really what matters to stocks. So what was the catalyst yesterday specifically? Nothing necessarily. Earnings and jobs. Jobs came out Friday. Portfolio Managers went home Saturday and Sunday and all said, "Hey things aren't that bad" and came in and bought on Monday. It didn't hurt that we had a short term mini buy signal for Monday morning.

Sunday, August 6, 2017

Stock Market: Two (No Three) Great Pieces Of News

trump meadows debt
We didn't know what pic to include
so what the heck, put Trump(s) in
there again. Go debt ceiling!
We have at least another month of upside visibility thanks to the Jobs report. And thanks to the latest debt-ceiling news we can make that another few months. Hey, that takes us into year end. This should be a good year for the stock market.

Thursday, August 3, 2017

Non-Farm Payrolls Tomorrow: The Big Daddy

jobs report
Workers Installing A Tesla Solar Room
Tomorrow we get the most important economics number for the stock market, non-farm payrolls.  Two months ago a weak number capped out the market from hitting new highs. Last month, a strong report helped markets break-out further.  Tomorrow's number matters to the stock market.

Wednesday, August 2, 2017

S&P 500 ETF: Ex-Fed Chair Raging Bull

alan greenspan
Screaming Bull
We added an S&P 500 ETF SPY Signal that we posted on this linked page. We plan to update it close to the market close. We went short term neutral on SPY after having been bullish for some time. We are still very medium term bullish. This week has key Fed data and an important screaming-bull comment from Alan Greenspan. We'll review.

Monday, July 31, 2017

Gold: Turning Short Term Bullish

We are turning back to bullish on gold after having turned bearish July 25th at the close (see calls here).  Gold ETF GLD is charging to its higher-downtrend. If it can hold at a close higher than that downtrend it will be an added confirmation of this bull move.

Sunday, July 30, 2017

Tesla: Removing From Buy List Ahead Of Earnings

tsla tesla
Tesla Inc (TSLA) reports on Wednesday after the close. Our earnings estimates for the second quarter are more than $1.00 below the street. We had previously said that we had a $400 target on April 4th when the share price was below $300.

Depends On Your Valuation Take

Now with our earnings estimates of $8.18 for 2018 we can't have confidence in the valuation. If you want to give Tesla a 50+ PE for 2018 then you have upside in the shares. We're using a 40X PE for next year which gives us a lower target price than Friday's close.

Friday, July 28, 2017

Siegel Bullish On Siegel's Bullishness: Still Bearish?

Oh no, the stock market is down .2873% pre-market. It's all over! Amazon came out with earnings last night. Twitter yesterday. It's over. The world is absolutely over. Elazar calm down, you've been a big bull and nothing much has really changed.  Right, right, ok, let's get back to focusing on the facts.

Thursday, July 27, 2017

FOMC Trading Action: Love Is In The Air

It's out. We love the Fed Chair and
we love the bond action yesterday.
Ah Fed day. Never knew it could
be this good.
It's Fed day not Valentines Day but we are in love anyway with the trading action in bonds yesterday. Fed Chair Janet Yellen pulled-forward the timing of the long-awaited taper to an official "relatively soon." That's terrible for the bond market. This $4 Trillion bond holder (With a "T") is showing their cards they are backing off. But what did bonds do? Absolutely nothing. That's why we are head-over-heals in love with the action in bonds and the stock markets yesterday.

Wednesday, July 26, 2017

CNBC, "Significant Correction," Elazar "Still Bullish"

cnbc bearish elazar
Who doesn't love CNBC. But they are
still a little too bearish.
CNBC had a report out yesterday titled, "Wall Street bracing for 'significant correction': Survey." We combed through that report but we didn't see people so dour in their article. We think the media is still pretty "bear-ed" up but investors are starting to wise up. That unwinding of bearishness can continue to send the stock market higher.

Monday, July 24, 2017

Earnings Call "Trump" Mentions Down: Bullish

less worry about trump good for stock market
Elazar amazing. Guinness book: the
most Trump pics in a week by
percent of total reports. Congrats!
Why is investor sentiment so low when the stock market is at all-time highs? Most likely it's based on political concerns. We've heard throughout the Street since before the elections until today that President Trump was a risk to the stock market. But that risk has dropped materially and we're going to quantify it.

Sunday, July 23, 2017

Gold: Two Amazing Charts That Show Why Traders Are Bullish

Gold (GLD ETF) has been moving up despite negative fundamental headwinds. US and ECB tapers along with lower US inflation should be hitting gold prices. Gold is moving up, however, which is a sign of bullish action which traders love. We're still bullish short term.

Friday, July 21, 2017

Trump Russian Senate Hearings Next Week: Bullish From One Quote

Trump Jr. Manafort, Kushner hearings.
We're pretty happy today because we
get to put another picture up of the President.
Let's review why the Trump-Russian Senate hearings next week will be good for the stock market (NYSEARCA:SPY). Scheduled to appear before Senate committees are presidential advisor Jared Kushner on Monday along with Donald Trump Jr. and Paul Manafort on Wednesday.  The President has been Teflon through all the media attacks. Non-negative news should again be bullish for the stock market.

Thursday, July 20, 2017

Quarterly Results: Qualcomm Stock Can Triple By 2020

Qualcomm qcom

Qualcomm QCOM quarterly results came inline with Street expectations. The stock looks down a little premarket. Next! Let's focus on what matters for investors!  We like it!

Wednesday, July 19, 2017

Maxim Quarterly Results Thursday After Close: Bullish

Maxim Integrated (MXIM) reports quarterly results Thursday after the close with an earnings call at 5 PM EDT. We spoke with management and we were impressed. Earnings more than doubled last year and we expect 30% growth this year which may sound conservative. Our earnings for next year are $2.73 assuming another 20% growth but that could also be low. (To see our earnings models click here)

Qualcomm Reports Quarterly Results Tonight: Bullish

Qualcomm (QCOM) Reports Quarterly Results Tonight with an earnings call at 4:45 EDT today. We rate Qualcomm a Medium Term Buy based on having over 70% upside to our 12 month target price of $100. That target is based on earnings of $5.78 for calendar 2018 using a historical 17X price earnings ratio (P/E).

We are at $.87 for this quarter versus the street's $.83. For next quarter we're at $.94 versus the street's $.91.

Tuesday, July 18, 2017

There Was Trump Obamacare News Today? Where? Stock Market's Up

Picture: Any chance we have an excuse to show
a picture of President Trump is a good day.  Here he's
shown in front of millions gathered for his inauguration.
It's no small thing President Trump is giving up on his Obamacare replacement. From what we see the stock market looks flattish pre-market. The S&P 500 ETF SPY is up a couple of pennies. Earlier in the year that would have been huge news hitting the stock market hard. Now, not much. That's why that is the news. Bullish news, we'll explain.

Monday, July 17, 2017

Dow Jones Record High, Just To Be Clear: Bullish

We were going to put another picture of Fed Chair Janet Yellen
but we met our quota for the month last week.  We all have to
settle for a boring word picture. But hey, that word picture
hopefully made you wealthier on Friday. Not so boring.
We wanted to put the recent Dow Jones (INDEXDJX:.DJI) record high in perspective. First let's cut to the chase, it's bullish. It should make you want to buy stocks not worry more.  There are plenty of people worrying, which we'll show and you shouldn't be one of them. Plus, there were plenty of fundamental ingredients going into these new highs as we'll review. We think they can continue.

Sunday, July 16, 2017

The Cure For What's "Killing" Jim Cramer On NVIDIA Stock

Jim, don't get down, we love you!
Jim Cramer was incredibly forthright on NVIDIA stock. First, world know, Jim Cramer, we love you. You care about investors. You work hard to help people make money. We love that!

Jim's Pain, Jim's Cure

Jim Cramer said last week that NVIDIA (NVDA) is "killing me" because he missed buying the stock.

Friday, July 14, 2017

Stock Market News: Two Very Bullish Stats

Ah there it is, so pretty.
We got our hands on one. You'll
soon read nobody else can. BULLISH!
If you are a trader, please oh please tell us that these two stats don't have you running around the trading room before your first cup of coffee.

1. Tech Boom stat
2. The Official Snoring Investors stat

Thursday, July 13, 2017

Janet Yellen's Boring ol' Testimony: Two Must Knows That Can Make You Money

Fed Chair Janet Yellen gets it from Congress.
Not nice.
1. What does a mean ol' Congress mean for the stock market?  Bullish!

2. What did Fed Chair Janet Yellen say about fixed investment? Oh she only said it's starting to turn up. Up? Bullish!