Finance

Nvidia (NVDA) Crushes Q1 Earnings Estimates, Revenue Surges 66%

Nvidia Corporation (NVDA – Free Report) just released its latest quarterly financial results, posting non-GAAP earnings of $2.05 per share and revenues of $3.21 billion. Currently, NVDA is a Zacks Rank #3 (Hold), but that could change based on today’s results. Shares of the company have gained about 13% over the past month, including a 1.7% gain during…

The Ceaseless Ascent

I’d like to off the following off-the-wall musings as a very different take on the market. It’s a disposition that many, many people share, and perhaps it would help me get in sync with the rest of the planet to actually type what everyone else is thinking. I type this to be neither facetious nor…

Biotech Stocks Underperform Market: CELG, EXEL, PBYI, XBI

Biotechs Underperform and Lag Market Indices on a Good Day-NASDAQ up 0.89% Trading Range Requires Good Stock Picking Skills, XBI is down 0.85% to $89.04. Stealth Buyout with Lilly Acquisition of ARMO BioSciences Biotechs underperformed despite a good opening with the XBI trying to break through the SMA 50 level but fell back around mid-day. Some good news helped…

The 10 Best Dividend Aristocrat Stocks Today

The reason why we are such big fans of the Dividend Aristocrats is simple. Thanks to their strong brands, durable competitive advantages, and steady growth, they have significantly outperformed the broader stock market. Source: Standard & Poor’s Dividend growth stocks are typically viewed as safe, “widow-and-orphan” stocks that should be held for steady dividend income instead…

GLD Update… All Aboard ?

This first chart is a daily line chart for GLD which shows it has completed 5 reversal points so far and is working on the all-important 6th reversal point back up to the top rail. This is where the bulls need to step up to the plate. The weekly chart below shows the 2 1/2 year…

Still No Plausible Path To Hysteria

The yearlong wireless data plan nightmare is officially over. For the second month in a row, the CPI for Wireless Telephone Services, which includes any unlimited data at fixed prices, was more stable in its annual comparison. In April 2018, the index was nearly flat to April 2017; down by less than 1%. It was,…

Market Talk – Thursday, May 10

The energy price rally was again the reason given for positive equity markets around the world and Asia benefited also. The Hang Seng (+0.9%) performed the best, but only just edging out the +0.8% rally seen in the KOPSI index. Retail tech and financials helped the run, whilst currency movements also play their part. The…

Market Talk – Thursday, May 10

The energy price rally was again the reason given for positive equity markets around the world and Asia benefited also. The Hang Seng (+0.9%) performed the best, but only just edging out the +0.8% rally seen in the KOPSI index. Retail tech and financials helped the run, whilst currency movements also play their part. The…