PVG Market In A Minute - April 16, 2024
Oil prices are an issue for the stock market as it will likely push inflation higher. We would expect the Israelis to respond against Iran’s oil fields, nuclear sites, or military installations.
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Oil prices are an issue for the stock market as it will likely push inflation higher. We would expect the Israelis to respond against Iran’s oil fields, nuclear sites, or military installations.
Read BlogPCE was reported on Friday, we generally do not bother talking about old data, but we think it is important to review as the inflation data is just not continuing to decline.
Read BlogNVDA has about 95% of the market for specialized AI chips and has gross margins of 76%, similar to a software company. NVDA believes the replacement market for GPUs for CPUs is a $1 trillion revenue opportunity.
Read BlogThis is a big week for NVDA and their big conference. AI has been around for a long time in different forms. To make it really work you need speed, and that is why NVDA is the big winner...
Read BlogWe are thinking the market is going to have a reality check correction. We had three high profile names report last week that were a real gut check for the market that looked negative.
Read BlogWe sold our Emerging Healthcare Viking Therapeutics Position at $69: The company’s phase 2 data was released showing much better than expected results of13% weight loss after just 13 weeks of treatment.
Read BlogThe market reacted positively to the NVDA earnings report, up about 2% on Thursday, and the S&P 500 closed the week up just roughly 1%. It surprised It surprised us that NVDA went up so much on the report...
Read BlogAs we have discussed, there are numerous reasons to be now cautious on the stock market: a potential recession in the second half of 2024 (that is our current view).
Read BlogThe market has some feel of Euphoria, not at all like the 1990s. When large companies like META go up 20% and ARM up 60% on earnings reports there is some clear exuberance.
Read BlogThe market set up is odd and therefore we believe it is prudent to think about asset allocation. Not to overcomplicate the discussion with political views, and geopolitical risks.
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