Financial News vs. Noise

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How to Buy Stocks Before Top Money Managers Do.

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FOMC meeting tomorrow and articles like this seem to put a higher possibility on 50 bps....

Fed Prepares to Lower Rates, With Size of First Cut in Doubt-WSJ

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The central bank usually prefers to move in increments of a quarter point. This time, it’s complicated.

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I still think you ought to have some hedges as I am not sure what's priced in after last week's move. I also don't know whether 50 would be a buy the rumor sell the news type of thing.

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Today is retail sales, which could be a market moving number.  Here's one reason why...

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Consumers Have a Debt Problem: Not Enough of the Right Kind-WSJ

Borrowers are leaning on credit cards as other sources of credit have dried up

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I think the average consumer has to be stretched to the breaking point and eventually we will start seeing that in all these numbers.

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Maybe, maybe not. We had a lost decade from 2000-2010 and we will have another one at some point. Just goes to show why you need to always trade with edges......

Don’t expect much from stocks for the next decade, says JPMorgan-CNBC.com

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In nuclear, NNE took a break yesterday, but the 50 day held.

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I used weakness to buy the dip in OKLO, would like to see it break above the 20 day EMA...

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I also used the dip in semis to add to MU. Watch the 85 level. Could either be setting up an undercut and rally at $84.91 or a drop to the next support level around $80.

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Micron’s stock drops as first ‘death cross’ in 2 years appears-MarketWatch

Monday’s weakness comes as Morgan Stanley analysts gave a downbeat assessment of the outlook for Micron and the memory-chip market, as they believe earnings-growth expectations will peak and reverse in the coming quarters, which could lead to a near-30% contraction in valuation for the sector.

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I also added to AAPL on the dip. Again, I think the integration of AI with iPhones could be a game changer. It won't be a straight line and they do need to execute. Chart actually looks like a short, but I set my position up so that if AAPL does drop significantly I break even.

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Apple Stock Falls. iPhone 16 Demand May Be Lacking, Analyst Says.-Barron's

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This is nice....

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How Microsoft’s dividend hike and new $60 billion buyback program stack up-MarketWatch

Only three U.S. companies have ever announced buyback programs bigger than Microsoft’s latest — though the new dividend yield is still low relative to those of fellow Dow components

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This one pisses me off. I knew I should have bought the earnings pop, but as a counter trend trader at heart I have real issues buying rips.

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Tempted to add to GOOGL today. Undercut and rally at the 200 day and some negative news...

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Google May Lose Exclusive Search Deals. It Could Be a ‘Worst Case Scenario.’-Barron's