Fitbit (FIT) reported rather dismal Q1 2017 metrics last week, but even so shares of FIT rose sharply. Why you might ask? As I mentioned in the article Fitbit Retrenches: The Bottoming Phase For A Hardware Company, FIT shares were already expressing a valuation that assumed the worst for the company, trading near book value. “Shares of FIT likely won’t appreciate…
This week’s focus is likely to be centered on CPI and the Fed. To us, that is yesterday’s news;...
The market is testing investors and traders alike. That is what the market tends to do during corrections; it...
Fitbit (FIT) is going to struggle with its metric results in 2017, be they financial or operational. This continues...
“Keep It Simple Stunad for 2023: Market will be well beyond your comfort-BUY level by the time your defined...
By Morgan Stanley’s Mike Wilson and Team With bond markets questioning the Fed’s dot plot, bond volatility has increased...
The explosion of interest in artificial intelligence this year has fueled a major rally in technology stocks, with a concentrated group...
Macro Strategy—Trends from around the world show supply chain bottlenecks have been holding back global growth to a degree...
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