With major tech stocks such as Amazon and Microsoft reporting earnings, we thought it would be an good time to discuss this year’s strange market environment… Traditionally in tough market environments, blue-chip stocks are considered the de-facto safe haven as far as stocks are concerned. Sure, they don’t provide the excitement of growth plays, but they do… Read more

We’ve got quite the week ahead of us! Of the companies deemed “The Magnificent Seven”, four are reporting on earnings this week… We’ve got Microsoft and Alphabet reporting after the bell on Tuesday! Microsoft seems to be the name getting the most coverage around this week’s battle of the titans. I suspect that the strong AI narrative is a big part of that… Many… Read more

Picture this… You open up a trade for a stock you’ve been eyeing all morning. The setup looks good with multiple elevating factors in your favor. Things start out well… The price action sees some bullish sentiment…..but right before you’re about to sell out, the stock plummets out of nowhere. You follow your normal exit strategy and close out of the… Read more

Tesla’s most recent earnings call caused a lot of fuss in the market… While there was a lot that could have gone better for Elon as far as the presentation was concerned, the long-term vision of the company remains intact!  Leading up to earnings, analysts were focused on two things: 1.) Margins 2.) Cybertruck production… Read more

Most headlines make it seem like Microsoft’s new generative AI product and ChatGPT are direct competitors… The reality is that they are very different in their functionality! ChatGPT is an AI chatbot with a large database of information to pull from. It needs to be accessed separately from whatever the user is doing and fed… Read more

Amazon announced yesterday that it will be expanding its operations into South Africa. Bezos’s company already had a presence in 58 other countries… While South Africa is certainly a notable market size with a population of over 59 million, it will ultimately be a drop in the buck for a company like Amazon… The real… Read more