Bullish : $Adobe(ADBE)$172 billion cap - stable to go through inflation. Similarly to other Tech price beaten down almost 50%. Q2 result beat top line 16% YoY on Revenue and bottom line EPS 11% YoY. Cons: Risk as mgmt guidance on Q3 was not great. I sense the product line up will stay relavant with Cloud transitions. Adobe user will remain loyal similar to Apple model.Sideline : Trade at resistance of 370 to earn some snacks. It's that's simple. This line has been tough to break.Adobe resistance linep/s I missed the last recent rally. But I won't this time. I'm writing this to remind myself. Cheers to all Tiger friends! [Cool] Thank you for reading.
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Adobe - don't miss the boat
Adobe - don't miss the boat
Buy V, good defensive stock.
$Visa(V)$is down 9% on the year and 20% below its 52-week high of $252.67. I bought a year back and with good dividend consistently above 0.7% I find it solid compared to banking or tech. Key reasons1. More are moving to cashless society2. Not impacted by inflation3. Covid defensive stock 4. New exploration on Cloud transactions 5. Future growth in Metaverse conceptsAll in all, I forsee another potential 30% upside easily from the current price. I can't tell how the inflation situation will be and impact to tech. V has a good mix and poise for long term upside comparing to others $DJIA(.DJI)$$S&P 500(.SPX)$Have a good day!
Amazon - Buy pre earning release?
$Amazon.com(AMZN)$known as the Weather Bell at Wall Streets $NASDAQ(.IXIC)$because the stocks tells the future and guidance. Amazon has E commerce which represent market sentiment and AWS cloud that indicate companies willing to invest cloud solutions when you can stay with On- premise IT which is workable. Challenges for Amazon in Q3. 1. Q3 Rev guidance of 127.75B which is YoY 15% growth that's the highest comparing FAANG. Q2 annoncement Possible? Maybe. Q2 results was good shows that they are in control of their services, workforce and salaries. Its a good representation that their consumer products and AWS are competitive. On top of that, mention about few bi
Amazon - Buy pre earning release?
Why Bad news is Good news?
Investors are observing the jobless rate indication. Current jobless data is showing worst then estimates. Meaning more people are losing their jobs - bad news. However, bad news is good because when people are losing their jobs, they are cutting off their spending. Therefore market react positively towards it. For now I have not seen the silver lining to start buying stocks with significant amount of cash due to the following. 1. Jobless data is catch 22. Even Fed wants it, Biden will not. This jobless hike will turn political as Biden will pressure Fed to stop hiking. Maybe. 2. Mid term election perks - all of you may know but selective to be construction and consumar related. Probably. 3. Oil prices are getting higher again. This is hiking up inflation. Its Biden vs Opec +,
No recession? But why?
Imagine passing mark is >40 and test result shows below the mark but teacher aka NBER says.... You pass this round. What? [Doubt] 2 consecutive negative GDP equals recession but not this time per National Bureau Economic Research (NBER) The NBER reasons:457000 job added in Jul better than pre Covid levels. Real personal income is strongConsumer spending or real personal consumption expendituresSales adjusted for price fluctuationsBusiness investments and industrial productionNon farm payrollI hope Fed or NBER are not try to paint a rosy picture here. Summer is over and but Retail numbers actual and forecast are not promising. More consumer stocks to come this week. $Starbuc
Why markets are going up?
I was watching CNBC nearly every other day, trying to catch the reason. Then I came across this table which is very telling. The table indicates the average earning percentage for companies. Comparing at 2 time frame. Results is, they are continuing to put up higher forecast.What it means is this: Back in April 1st, Q2 and Q3 forecast were 54% and 19.5%. However as the reopening economy are happening, companies came forward to update their forecast higher. You can see the latest update this week for Q2 and Q3 forecast were 62% and 23.7%. That's like telling the market after one month, my earning will grow even more about 8% in Q2 and 4.2% in Q3.That's a big change. US economy is thriving and is on the hawkish mode. I could see that most of analyst are two side of the camp. But one thing th
Why markets are going up?
$Alibaba(BABA)$ Finally Green. I have been very patient waiting. Make sense to have accounting transparency between US n China. [ShakeHands]
Google earning takeaways
$Alphabet(GOOG)$All key indicators are below expectations but investor expect worst hence stock is up after hours. Lower op margin and profit. YouTube 7.3 billion of profit vs 7.5billion expected. I don't think any obvious winning against competitors ie. Tiktok. Total Ad revenue $56.3 billion is huge. Tough there is Automated Ad (performance max) has not seen real numbers to push the needle. Customers may like it but spending could be at a slower pace. Revenue 13% increase YoY to $69.7 billion which is huge but slower growth compare to previous year growth rate. Conclusion is remains that stay in Big Tech which is cash rich - honestly I think there is limited space to the bottom but the potential trajectory is wider.&
2.7 trillion lost from Market Cap this year for these 5 tech giants combined. Is this the bottom? Opportunity for sure. Highlights below. $Microsoft(MSFT)$ - PE 27 Cloud revenue growth? Activision acquisition potential upside. Limited impact from Inflation. Spent on AI and Data. Hold hiring. $Alphabet(GOOG)$ - PE 19 Clear winner search engine 95%dominance. Concern on Ad due to Snap. Cash rich good for downturn. Slowing hiring. $Meta Platforms, Inc.(META)$ PE 15 Monetize their apps more. Try to improve Op Margin. Concern on overspending for Metaverse. Slowing hiring
You are not alone, even Jim C can't get it right
Jim C who spent the entire career at Wall Street, can't predict the market. If you are making losses recently you are not alone. Don't be discourage. 14 Sep Dow is dropped 1276, Jim said don't sell. Sharing his solid view points not to be panic. 14 Sep on YouTube 5 days ago, he shared bull is temporary and yesterday, after I sold my TQQQ as Jim said no reason for a bull. 5 days ago on YouTube Yesterday on YouTube Guess what, pre market I'm thinking if I should trade $Nasdaq100 Bull 3X ETF(TQQQ)$Its a strong correction!! I m sharing this not with anything against Jim, but more of telling ourselves that actually no one can't actually time the market perfectly. Even with someone who spend his
You are not alone, even Jim C can't get it right
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