This week has been an interesting one, and we have one more report PCE to go which will give an indicator to where we are heading in the new year. The PCE price index has been a good indicator of inflation, and provides an insight into what Fed might do in the upcoming meetings. I think it will play a crucial role in the market trend for the upcoming weeks. I think we are on the crossroads of Bull & Bear market. On one hand if we dive deeper on the shiller index we can see it's only a few over-sized and over valued companies which are driving this index up which makes the market not that significantly overvalued overall but on the other side of the coin we can see the cost of living crisis and inflation hurting everyone globally. My personal take is not so bullish in the months ahead I
$Netflix(NFLX)$ Definitely rings the bell on that question with soo many exclusive content coming up on Netflix, it's something I am happy to pay my monthly subscription for. Second Amazon Prime$Amazon.com(AMZN)$ which gives more benefits than just entertainment like free shipping. Both of these platforms have been driving growth not only from growing the subscription base but also using advertising to increase revenue Competition in this sector is fierce but I don't see any near term risks for these two streaming apps. Also personally I don't see this as a Either OR, I myself have both subscriptions active and am happy to pay the monthly charges which are lower than my phone
$NVIDIA(NVDA)$ NVDA has a strong demand ahead of it, the current pullback was meant to happen after the rally we saw in the last couple of years. NVDA is the top pick for AI and semi conductor stocks but I think after hitting the valuation of more than 3 Trillion the question arises how much more growth can you expect ? Is the same rally even possible going forward. Investors and even day traders seek value based on current situation. From that perspective the growth in Quantum Computing, the rise in stocks such as $Rigetti Computing(RGTI)$$Quantum Computing Inc.(QUBT)$ has moved the narrative for many. You can sti
25 basis points is highly anticipated but not guaranteed, however the main point of the upcoming meeting with be the tone for 2025 rate cuts. Inflation is still not below the expected levels & we almost can see a different picture from the reports than the real world. The tone of the meeting should define if we are in for a soft landing in 2025.
$Apple(AAPL)$ At current levels, PE of 40x I find AAPL slightly overvalued. I would be ok to buy once the P.E is tracking below 30x I think below 185$ is a good entry point for new investors
$Tesla Motors(TSLA)$ I have been bullish on Tesla and will be in the long run. I think at the core the company is innovation driven. From the likes of Robotaxi, Optimus, network of other companies, a good relationship with the incoming President, an investor favourite CEO there are soo many things to love about Tesla. But, as always I think the market has factored it all in for the short term. Currently Tesla is trading more expensive than NVDA which helped drive the market to current levels from the lows of 2023. At its current levels I am skepticle of a clean rise of the stock price. I expect a small pullback below $400 mark before the rise
This is an interesting question because individually this question can mean different things for different individuals From a defensive standpoint you may think stocks such as consumer essentials like NYSE:COST, NYSE:MCD, NASDAQ:SBUX or NYSE:CL From a technical perspective you may think cannot go a day without my technology, stocks like$Apple(AAPL)$ $Microsoft(MSFT)$ $Alphabet(GOOG)$ $NFLX If you are more familiar with the underlying technology you may think cloud computing, security, semi conductors, database you may think the front end technology will not work without these $AMZN, $PLTR, $CRWD,$NVIDIA(NVDA)$ , $ORCL I guess we now live in such a complex world, it's like different micro services all working together to serve the end user or consumer but when you give this question a deepe
$MongoDB Inc.(MDB)$ Worth watching this stock, it recently posted earnings which beat EPS expectations by 63%, not to mention it had been beating EPS and Revenue expectations in the last 4 quarters. Rising 10% post the results it dropped 16%(26% if you calculate from the 10%-12% rise post the results) Currently trading at 297$ from the high of 388$ The reason for the drop mainly was the resignation of CFO and COO Michael Gordon who held that position for more than a decade. However I see this a window of opportunity and expect the stock to rise above 400$ in 2025. Considering the requirement for Data, AI and cloud in the near future I see this stock as a good pick to hold in your portfolio.