gorgevorgian

gorgevorgian

Forecast / Forward Q4/24 1.09/1.08 Q1/25 1.10/1.09 Q2/25 1.11/1.09 Q3/25 1.12/1.10 2025 1.12/1.10 2026 1.14/1.13 2027 1.15/1.14 2028 1.15/1.16

gorgevorgian

JPMorgan Chase (JPM) slips 4.2% after Baird analysts downgraded the stock to underperform, urging investors to take profit on the US investment bank due an unattractive risk-reward.

gorgevorgian

Just following up on my last publication—my next TLT target is around 109.

gorgevorgian

Continuing with the recent brief analysis on TLT: The US stock market will inevitably face challenges when the clashes between populism and reality come to the forefront. Over the next 3 years, I expect SPY average price to maintain around the 600 level and for SPX it is 6,000.

gorgevorgian

Continuing with the recent brief analysis on TLT: The US stock market will inevitably face challenges when the clashes between populism and reality come to the forefront. Over the next 3 years, I expect SPY average price to maintain around the 600 level and for SPX it is 6,000.

gorgevorgian

Why am I still expecting TLT to rise? Let’s start with the fundamental reasons. After the election, when we focus on Trump’s four main economic directions, it’s hard to think anything other than that we’re in for inflation growth, an increase in interest rates, and so on. Specifically: 1. A 10-20% tariff on imported goods, and a sudden 60% on goods imported...

gorgevorgian

Another great opportunity to work with U.S. government debt in the short term. We have all noticed that after the 50 basis point rate cut by the Federal Reserve, the reaction of the fixed income markets was mixed. Geopolitical and domestic issues did not allow institutional investors to act freely, leading to a reverse effect. Currently, another 50 basis point...

gorgevorgian

Another great opportunity to work with U.S. government debt in the short term. We have all noticed that after the 50 basis point rate cut by the Federal Reserve, the reaction of the fixed income markets was mixed. Geopolitical and domestic issues did not allow institutional investors to act freely, leading to a reverse effect. Currently, another 50 basis point...

gorgevorgian

The 2-year sell and 10-year buy spread has returned to levels above 0, stabilizing around the 0.15 range. Historically, since 1966, a return of this spread from the zone below 0 has inevitably led to either long-term or short-term crises. In this case as well, we have all the necessary preconditions for at least short-term shocks in the securities market,...

gorgevorgian

While the July FOMC meeting is likely too soon to initiate the first cut, it isn't too early to began preparations for a rate reduction in September.

gorgevorgian

Through July 12, active fixed-income ETFs have taken in a net $44 billion, about a third more than all of last year and more than three times as much as 2022

gorgevorgian

Vertex stock is still actionable as it rebounds from the 10-week line. It has also blasted back above an alternative entry of 279.23. The relative strength line has been spiking higher even as VRTX stock and the broader market struggled. The stock has retaken its 50-day moving average, an encouraging sign. VRTX stock has soared more than 32% higher so far in...

gorgevorgian

Share prices of almost all companies included in ARKK are at historical lows. If you don't mind overloading 5-6% of your portfolio with relatively high risk-weighted assets, then ARKK may be one of the most suitable assets.

gorgevorgian

Starbucks had a good quarter in Q2 despite widespread shutdowns in its second-largest market, China. The company reported $8.15 billion in net revenue for a gain of 8.7% over last year which beat the consensus by $0.02 billion. The beat is slim but compounded by strength in the largest market, the U.S., and new store openings. On a comp basis, the global comp is...

gorgevorgian

We consider a strong buy for Broadcom Inc, rating the company as the absolute leader in semiconductors

gorgevorgian

Up first is American (NASDAQ: AAL), part of that group of majors who’ll be hit hardest by the headlines from London. Their Q2 earnings are due out next week and investors will have a clearer picture of the internal numbers then, but for now at least the trends around its long-term stability are positive. Just yesterday, the company told investors they expect their...

gorgevorgian

Delta predicted that third-quarter revenue will be 1% to 5% higher than in the same quarter of 2019, even though it expects passenger-carrying capacity to be no more than 85% of 2019 levels — a sign that Delta expects higher fares to remain in place. Delta Air Lines Price Target Is Above 50 per share.

gorgevorgian

As inflation has risen over the past year to become the top bugbear for markets, U.S. stocks and Treasury yields have seen large moves on days when CPI data have been released. The S&P 500 index closed nearly 2% lower on June 10 and May 11 after data from May and April were released, respectively. And as U.S. stocks continue to climb off of last month’s lows,...