Chewy's 2024 Q1 Earnings Summary $Chewy, Inc.(CHWY)$ reported strong financial results for the first quarter of 2024, surpassing market expectations and announcing a significant stock buyback plan. Here are the key highlights:Sales and Revenue: Chewy recorded sales of $2.88 billion, a 3.1% increase from the previous year.Adjusted EBITDA: The adjusted EBITDA surged by 47% year-over-year to $162.9 million.Gross Margin: Improved slightly to 28.2% of sales, up from 28.1% in the same period last year.Net Income: Net income for the quarter was $66.9 million, a substantial increase from $22.9 million in the corresponding quarter of 2021.Adjusted EPS: The adjusted earnings per share (EPS) was $0.31, up from $0.20 in the previous year, significantly beating t

Pullback? Wadda RIP Genocism controlling reality of public.. Someone should jump in and change that for the lols. Anyone rep me enough moolah I'll flip the market asap Rocky count me in chur

5 star review  One of the best recover 

I think the long-feared (not awaited)  market correction is still some wsy off. Still the market is very like to be choppy with lot of sideways movementbut a drastic correction is still not here - it depends on how the US poll scenario develops.  A series of major and minor adjustments would be vkming before  the next move. Hedging my portfolio risk will be through diversification and stop loss. Will the stock market rebound this week - hopefully so but the choppy movement is more likely of a normal for some months.

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$NVIDIA Corp(NVDA)$ 's journey to be the "world's largest stock" lasted only one day.After it became the world's most valuable public company on June 18th with a market capitalization of $3.34 trillion, it retreated in flames and fell below $3 trillion. Looking at the changes in the market over the past week, it's clear that the pace of sector rotation has also given consumption, energy, and financials a chance to catch their breath and rally.I. Sectors RotationNVIDIA's gains since its earnings report have basically come at the expense of other tech stocks as well as other large-cap weights. And the U.S. stock boom is all about symbiosis, so whereas when one stock phases in and out of other sectors, sooner or later it has to pay back some of that

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Recover cause we have micron and Nvidia this Wednesday to hold the market

A lot depends on factors such as the Trump- Biden debate and the direction it provides to the market. Coming demand to moderate inflation, rate cut potential etc. Will also give impetus.  

As the 2024 US election draws ever closer, the eyes of global investors are once again focused on this political extravaganza. This year, we may see Trump and Biden face off again, and the policy ideas and electoral changes of both candidates will undoubtedly have a profound impact on global markets.State of the Election: Swing States Become Key BattlegroundsTrump has a significant lead in swing states, particularly in Nevada, North Carolina and Georgia.Dissatisfaction with the Biden administration is running high, and Trump has a narrow lead.policy assertionTrade policy: Both candidates favor high tariff policies, which could put pressure on global supply chains and push up inflation.Investment Spending: Infrastructure and manufacturing investment has become a bipartisan consensus, signal

Have you ever found yourself staring at a stock chart, its price line soaring ever higher, and wondered, "Should I jump in now, or am I just chasing a bubble?" This is a question that every investor grapples with, especially during those exhilarating bull markets. But fret not, fellow investor! With a touch of humour and a pinch of wisdom, I’ll guide you through navigating these market peaks and making sound investment choices. Chart shows positive growth and profit trends Dispelling the Myths: Highs Aren't Always Hazardous Let's tackle a common myth first: just because a stock is at a historical high doesn't mean it's overvalued. Picture a company that’s always innovating, expanding, and raking in profits. Naturally, its stock price will rise, reflecting its increasing value. Take ,

where got correction? party's just getting started. after a new ATH, market must rest a bit before rising again.

First of all, avoid buying stocks during a downtrend. This will help prevent you getting sucked into a bear market trap. Reversals can be particularly severe at this time. It is also risky to hold on to a stock during a stock market correction. This is because drawdowns on major indexes pull the majority of stocks down with it. To make money over the long-term, protecting profits is crucial. Consider selling your weaker holdings, especially if you are holding a small loss or are at break-even. It is all to easy to switch off and become disengaged from the market when a correction is underway. This is a dangerous mistake because a market bottom can catch you unprepared. One should be keeping a close eye on the market and building a robust watchlist of top stocks. Look for names that are sho

$SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$   Tech stocks brought in $8B+ last week... I think this has to do with JP Morgan, BofA, Goldman Sachs, and Evercore ISI turning bullish and raising $SPY targets to $5600-$6000. Majority of the S&P gains this year came from large cap tech, and if earnings are not slowing down, it's just hard for funds to not have more exposure to them. If Q2 earnings continue to do well, these stocks may not burst out to the upside, but they will not be sold off aggressively, requiring some level of exposure. Rates coming down will be another tailwind to only help tech stocks continue to gain mom

As we navigate through the market, the U.S. stock market, particularly the S&P 500 index $S&P 500(.SPX)$  , exhibits signs of strain. A deeper dive into market dynamics reveals that the recent rallies are increasingly driven by a narrow band of large-cap technology stocks, with giants like Apple and Nvidia$NVIDIA Corp(NVDA)$   at the forefront. Despite the S&P 500 hitting 31 record highs this year, a significant portion of this performance is attributable to these tech behemoths. According to Bloomberg's data up to last weekend, about one-third of the index constituents touched monthly lows in the past month, far outnumbe