4-26 Pod - $MSFT and $GOOG blow away earnings. AI is back in play
PCE came inline so caution is still warranted since inflation isn't going up, but it's also not coming down.
Make no mistake that long term buys now are okay in good companies with good earnings who have good management and good profits. Short term I’m still concerned about the direction of the market so I’m only making long term investments right now.
On the other hand, Alpha Picks is KILLING it with their long term portfolio. Look at the email I just got. 11 of their portfolio stocks have reported very strong earnings over the past 48 hours.
Spotify, Apple and YouTube Links
Spotify
Apple
YouTube
Pod Notes
Friday
Big news inflation not going down - but not going up - it’s stalled - which means no rate cuts if inflation is sticky
If you’re listening on Spotify - please rate this 5 stars if you haven’t. I got dinged down to 4.8 and that’s just crap!
Anyone on the fence about Trendspider? - here you go - new features again!
And this is the ceo of Trendspider ….. I really liked this because as I get older, this is more my comfort level too
And Alpha Picks has had another amazing earnings season so far
Earnings season is in full force, with some of the biggest tech names posting results, including Alpha Picks’ Meta Platforms, which has returned +44% to the AP portfolio.
Eleven Alpha Picks stocks reported strong earnings in the last 48 hours, which we will highlight in this article.
Monthly, Alpha Picks identifies two best-of-the-best ‘Strong Buy’ Quant recommendations through rigorous quantitative analysis, and five out of 36 Alpha Picks have delivered returns over 100%.
Since inception, the Alpha Picks Portfolio Total Return has delivered an incredible +116% versus the S&P 500’s +33%.
In the paid newsletter this weekend I’ll have a couple of things:
A look at a legendary investor and what fundamentals they look to buy stocks at
9 AI prompts that will help you be successful in the market
And had you subscribed last week to the paid newsletter, you might have seen that I said the gap in $SNAP was a good idea because almost every one of my friends kids use Snapchat exclusively. They are VERY close to turning a profit and made that turnaround AGAIN!
The market went crazy almost coming back all the way
$meta almost clawed back … might be worth it to buy FBL 0.00%↑
I posted this in the private FB group yesterday. It’s an interesting divergence of the retail trade vs. 10 year treasury rates. Is the consumer cutting back now based on higher rates?
Earnings
$msft beat - use earningshub.com to look at the details.
$goog beat and announced a dividend - this should get upgrades of over $200/share
$roku killed it but got killed
$intc - still lagging - I’m out - I don’t see a reason to stay in this one.
$snap killed it - let’s go to the paid newsletter for anyone who took this trade (see above and subscribe - support my work and maybe make some money)
$cvx beat and the ceo even mentions he thinks $cvx is under valued compared to the S&P and production is huge right now. $cvx has under performed $xom
$xom eps missed but revs beat - quarterly production was huge
Both were hurt by lower nat gas prices
YTD winners - 5 of the top 10 YTD winners are energy
This is interesting
$SMCI is close to $800
Have you seen $DELL?
Social request
Patience … look at $aapl over the years
the name Aristotle makes me think you’re smart for listening
SCANS
QCOM
NVDA - buy more now that the big AI players say they can’t get enough
OXY
XOM
TSM
UBER
DOCU
AVGO
XLB
ARM
TECK
FANG
MRVL
PCAR
LRCX
AMAT
EMR
LMT
Covered Call ETFs
QYLG
XYLD
Energy names
ARLP
FANG
OIH
OXY
ARCH
XOM
Leveraged ETFs
MAGS
USD
MAGX
BULZ
FNGU
TBT
NVDL