It’s time to wrap up what has been a tough year for the markets. What does 2023 hold in store? The answer may come down to one stock. Sifting through the damage of 2022, some of the hardest hit ...
Tag: Ed Ponsi
15 Years Ago, the Housing Market Crashed Under Similar Circumstances
Fifteen years ago, in the first quarter of 2007, U.S. housing prices were at an all-time high. According to the St. Louis Fed, the median price for a home was $257,400, a record. The Fed was raising i...
Apple Can Get Bruised, so Watch Out
Apple (AAPL) is the most important stock in the market. It’s widely held by both institutional and retail traders. It’s the largest component of the S&P 500, with a weighting of close...
Is AT&T’s Dividend Worth the Risk?
One side effect of rising interest rates is the recent slide in high-yielding dividend stocks. The market is pummeling some widely held names, causing their yields to climb. Here are the yields on a h...
Powell Has Pretty Much Sealed the Fate of the Short-Term Stock Market
For the third consecutive time, the U.S. Federal Reserve raised the Fed Funds rate by three-quarters of a percentage point, putting the overnight lending rate between 3.00% and 3.25%. Earlier this yea...
Apple’s Most-Shorted Status Is a Tell
Last week, I was surprised to hear that Apple (AAPL) is now the most heavily shorted of all stocks in the U.S. markets. Investors have an accumulated $16.3 billion short position in the Cupertino-base...
The Bulls Are Fighting the Fed. That Might Be a Mistake
Have we finally reached a point where investors can buy stocks without fear? The answer doesn’t depend on how you define a recession, but on where you believe the economy is headed next. The mar...
Tesla’s Textbook Breakout Is a Sign of Things to Come
Tesla Inc. (TSLA) ripped higher on Thursday, gaining 9% after posting strong second-quarter results. What’s next for shares of the largest U.S.-based electric vehicle manufacturer? Tesla beat an...
As Carnival, Royal Caribbean and Norwegian Sink, Here’s When to Dive In
Cruising stocks floated about as well as a sack of bricks on Wednesday. A Morgan Stanley analyst made negative comments about the industry, and questioned one company’s ability to withstand a re...
Elon Musk’s Bid for Twitter Is a Machiavellian Play
On Thursday, market talk was dominated by Elon Musk’s bid for Twitter (TWTR) . I believe Musk will eventually own the company, one way or another. Earlier this week, I wrote about Musk’s p...