Fiat Lux
(and what to do about them)
Mike Wilson at Morgan Stanley, who jumped his 12-month target for the S&P 500 by 20% to $5,400, or $100 high than it is now. Ouch! My bet is that Mike will soon be driving an Uber cab. Only $600 points to go to catch up with my own yearend forecast.
which the latest Windows version will be run by AI. It could market an interim for the stock, which had a great run. New AI tools from Microsoft could offer another reason for enterprise and consumer customers to upgrade their aging computers, whether they’re made by HP, Dell, or Lenovo.
The discounting comes as the U.S. tech giant seeks to defend its position in the high-end smartphone market, where it faces increasing competition from local rivals such as Huawei. Apple's previous discounting effort in February appears to have helped the company mitigate a sales slowdown in China. Apple's shipments in China increased by 12% in March. This marks a significant improvement from the first two months of 2024, when the company experienced a 37% slump in sales.
headed into the Wednesday afternoon earnings report, says hedge fund tech legend Dan Niles. The semiconductor stock turned artificial intelligence darling has run up big, said the Niles Investment Management founder. But he also pointed out that Nvidia is still about 15% below the five-year price-to-earnings average, leading him to think shares can see upside after the company reports quarterly results.
my favorite local seafood restaurant. The company was recently bought by the largest shrimp fisher in Thailand in 2016. When they offered “Ultimate Endless Shrimp”, an all you can eat promotion for $20, they wildly underestimated how much shrimp Americans can eat, especially in the Midwest, wiping out the company. You can’t make this stuff up.
Published today in the Mad Hedge Global Trading Dispatch, the Mad Hedge Technology Letter, the Mad Hedge Biotech and Health Care Letter, the Mad Hedge AI Letter, and Jacquie’s Post:
Global Trading Dispatch
(MARKET OUTLOOK FOR THE WEEK AHEAD, or DOW 40,000 AND HANGING WITH THE AMAZON HEADHUNTERS)
(TLT), (JNK), (WES), (ET), (GLD), (SLV), (MSFT),
(NVDA), (AAPL), (SPY), (FXI), (COPX), (FCX)
Mad Hedge Technology Letter
(AI GETS INTO MILITARY CONFLICT)
(PLTR), (AI)
Mad Hedge Biotech & Health Care Letter
(THE COMEBACK KID OF VACCINES)
(NVAX), (SNY), (BNTX), (PFE)
Mad Hedge Jacque's Post
(ECONOMIC DATA POINTS ARE POSITIVE FOR THE MARKET)
Mad Hedge AI
(THE AI OUROBOROS)
(MSFT), (GOOGL), (AMZN), (META)
Standing Astride the Northern and Southern Hemisphere on the Equator in Ecuador
Futures trading involves a high degree of risk and may not be suitable for everyone.
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