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In the rush to lionize Nvidia Corp (NVDA) for all things A.I. chip-wise and lauding Artificial Intelligence (yes, people are capitalizing the full name as if it’s a proper noun) as the Second Coming, it seems many are willing to suspend the reality we know for some forthcoming sentient-imbibing reality whose dark side is expected […]

Something happened today that makes me think the market is getting tired. Yesterday, in anticipation of this past quarter’s earnings report from Nvidia Corp (NVDA), markets at the close were looking very robust. The report comes out after the close, and the news is once again very good, with extremely positive forward guidance. Futures surge and […]

Let’s play a little game. Suppose I were to tell you about a tech company with a $68 billion market cap boasting some seriously impressive financials. I’m talking about a 14.27% profit margin on almost $29 billion of trailing 12-month (ttm) revenue. $5.49 billion EBITDA. Trailing 12-month operating cash flow of $4.32 billion. $4.08 billion […]

For most of the last three years, real wage growth lagged inflation, which meant workers’ raises were not enough to keep up with sky-high inflation. That changed in June when earnings growth finally exceeded CPI numbers. It’s about time – but that doesn’t mean income is any less important in your portfolio, given the potential […]

This week, I had the chance to sit down with Addison Wiggin, a writer, publisher, and filmmaker who has been covering financial markets for over three decades now. His podcast, The Wiggin Sessions, routinely brings on industry experts from all over the world of finance to discuss and dissect the things that matter most to […]

This week has seen a lot of earnings reports coming from the retail sector, and especially for several of the big-name stocks, the numbers are solid. This tracks with the data we have on consumer spending. Despite constant warnings of a looming recession from some financial analysts, a strong labor market and subsequent wage gains […]

Ever since the Fitch credit downgrade of the United States a couple of weeks ago, we’ve seen a market pullback that’s slowed the generally positive trajectory we’ve been on all year. Because I’m still anticipating that we’re looking at the first stages of a long bull market, for me this represents the opportunity to go […]

With markets drifting lower over the past two weeks, it’s more important than ever to have income-producing stocks in your portfolio to help offset volatility. There are several ways to hold income stocks in your portfolio. You can buy individual stocks, exchange-traded funds, or mutual funds with a focus on income, but one of my […]

You may have heard about Moody’s downgrading 10 banks this week, identifying another 6 whose ratings are under review, and 11 more they called out having “negative outlooks.” But the rating agency, citing growing financial risks and strains that could erode banks’ profitability, didn’t address the multi-trillion-dollar elephant in the room. Shaky banks are being […]

It looks like there’s a decent chance the market is headed for a bit of a correction. I still believe the long-term trend is overall bullish, but as I’ve said before, stocks don’t go up in a line, and it’s inevitable that there are going to be bumps in the road. Anyone who’s been following […]