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Walmart Shares: Great Fundamentals But At A Frothy Price

Walmart Shares: Great Fundamentals But At A Frothy Price

By Michael Lebowitz and Lance Roberts | Nov 20, 2024 | Daily Market Commentary
Walmart’s (WMT) shares opened higher as its earnings report surpassed expectations. EPS and revenues beat expectations. Moreover, the company increased its sales guidance for next y...
Gold Miners Enter The Bears Den

Gold Miners Enter The Bears Den

By Michael Lebowitz and Lance Roberts | Nov 19, 2024 | Daily Market Commentary
Many investors consider a decline of 20% or more to be a bear market. We can debate the merit of the random 20% figure, but according to that definition, gold miners, down 25% from it...
5X5 Inflation Expectations: A New Benchmark To Follow

5X5 Inflation Expectations: A New Benchmark To Follow

By Michael Lebowitz and Lance Roberts | Nov 18, 2024 | Daily Market Commentary
At the last FOMC meeting, Jerome Powell was asked if they were concerned that inflation expectations are “de-anchoring, or put another way, are anchoring at a slightly higher level?...
2% CPI Is Here – RIA

2% CPI Is Here – RIA

By Michael Lebowitz and Lance Roberts | Nov 15, 2024 | Daily Market Commentary
2% CPI is a headline you won’t find in today’s Wall Street Journal. The reason is that official inflation gauges, such as CPI, are in the mid to upper 2% range. Last Wednesday, fo...
Seeking Beta – RIA

Seeking Beta – RIA

By Michael Lebowitz and Lance Roberts | Nov 13, 2024 | Daily Market Commentary
While the “Trump rally” appears to have just begun, one of its initial hallmarks is that investors want beta. Beta is a measure of the volatility of a stock versus the broader mar...
Seeking Beta – RIA

Seeking Beta – RIA

By Michael Lebowitz and Lance Roberts | Nov 13, 2024 | Daily Market Commentary
While the “Trump rally” appears to have just begun, one of its initial hallmarks is that investors want beta. Beta is a measure of the volatility of a stock versus the broader market,...
Seeking Beta – RIA

Seeking Beta – RIA

By Michael Lebowitz and Lance Roberts | Nov 13, 2024 | Daily Market Commentary
While the “Trump rally” appears to have just begun, one of its initial hallmarks is that investors want beta. Beta is a measure of the volatility of a stock versus the broader market,...
Crypto Soars – RIA

Crypto Soars – RIA

By Michael Lebowitz and Lance Roberts | Nov 12, 2024 | Daily Market Commentary
On the campaign trail, Donald Trump favored the crypto industry, including appointing “crypto-friendly” regulators. Moreover, one of the plans he mentioned several times was the creati...
Super Micro Is Not So Super Anymore

Super Micro Is Not So Super Anymore

By Michael Lebowitz and Lance Roberts | Nov 11, 2024 | Daily Market Commentary
Super Micro Computer Inc. (SMCI) was the market’s darling only six months ago. Amazingly, Its stock, had risen 3x in just the first three months of 2024. Consequently, S&P Global ann...
As Expected The Fed Cut Rates

As Expected The Fed Cut Rates

By Michael Lebowitz and Lance Roberts | Nov 8, 2024 | Daily Market Commentary
As expected yesterday, the Fed cut the Fed Funds rate. With the expected 25bps rate cut, the new range for Fed Funds is 4.50-4.75%. The redlined second paragraph below, regarding inflation...