Shares of the entertainment giant sank after it reported worse than expected earnings and revenue, even as it added more subscribers than expected. We dig into the numbers to find out where it’s going from here. Plus the so-called savior of crypto finding himself in a cash crunch. What Binance’s deal with Sam Bankman-Fried means for the digital currency space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for a...
Nov 08, 2022•44 min
Stocks closed near the highs of the day as investors turn their focus to tomorrow’s midterm elections. But can the momentum continue as voters go to the polls. Plus Meta shares rallying today on the possibility of job cuts. But is it enough to put your faith back in the stock? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Nov 07, 2022•44 min
Apple shares ended the day in the red despite a late-day market rally. So with the last big market general seeming to lay down its sword, will there be more pain ahead for the markets? Plus is there relief in store on interest rates, and what one trader is doing with his China trade. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Nov 04, 2022•22 min
Interest rates spiked again, the day after the Fed’s latest move, and borrowing costs are already seeing big jumps. What it means for the markets and for companies trying to manage their corporate debt. Plus the Chart Master is drilling into his Apple call. Why he thinks shares are ready to end their long reign of outperformance. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Nov 03, 2022•39 min
After an initial surge on hopes the central bank would slow its pace of rate hikes, the major market indexes all closed near their lows of the day, with the Dow swinging more than 930 points from high to low. So what’s next for the Fed and what will it mean for the markets? Plus the largest iPhone factory is shut down for at least a week thanks to Covid. What it all means for Apple. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use...
Nov 02, 2022•44 min
All eyes on the US Central Bank ahead of its next rate decision, but what should investors hope to hear from Jerome Powell tomorrow? Plus shares of AMD, Airbnb and Caesar’s all on the move after their results. We’re breaking down the number and bringing you the trades. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Nov 01, 2022•44 min
From Shanghai to Macao, China upping its Covid restrictions, shutting down theme parks and stranding guests at casinos. What does it mean for the country’s economy and investments in the region? Plus President Biden laying out plans to tax big oil company profits. Does the measure stand a chance at passing? And how should you trade the energy names now? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertis...
Oct 31, 2022•44 min
Stocks staged a major rally on Friday, despite a disappointing earnings report out of Amazon, and the Dow put itself on pace for its best month since 1976. But with the Fed meeting ahead and earnings from pharma and consumer names on deck, will the rally continue into next week? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 28, 2022•22 min
Shares of Amazon plunged after the company issued weak guidance for the fourth quarter. Plus Apple, Intel and Pinterest all reporting their latest results. We’ve got the numbers and are bringing you all the trades. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 27, 2022•44 min
The Dow gave up a more than 335 point gain to end the day basically flat, and the S&P and Nasdaq both ended three-day win streaks. So what’s the action telling you as we head towards next week’s Fed Meeting? Plus all eyes on Meta as the Facebook parent reports earnings. We break down the numbers and bring you the trades. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 26, 2022•44 min
Shares of Alphabet plunging after the tech giant posted advertising revenue at its YouTube unit below expectations. We’re also watching the shares of Microsoft, Texas Instruments, Chipotle, and more. Plus Elon Musk’s equity investors got documents that suggest a deal for Twitter might actually get done by Friday. What the options markets are saying about those odds. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data...
Oct 25, 2022•44 min
Shares of the Chinese Internet ETF plunged to their lowest level on record as Xi Jinping cements a third term in office. What his policies might mean for growth in the region. Plus Altimeter Capital CEO has some big words for Mark Zuckerberg. What it means for the company formerly known as Facebook as we get ready for earnings. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 24, 2022•44 min
Stocks ending the week on a big upnote, with the Dow logging in a third straight week of gains, its best win streak of the year. But will next week’s earnings reports from Apple, Microsoft and other big tech titans keep the momentum going? Plus a healthy trade in health care and an energy stock gets fueled up. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 21, 2022•22 min
Snap shares hitting their lowest level since March 2020 after missing revenue estimates for the current quarter. The news taking down the entire social media space. What it means for the bigger names still to report. Plus the dollar hitting a more than 30 year high against the yen. We break down all the moves in the FX markets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 20, 2022•44 min
Earnings season in full gear with shares of Tesla, IBM and Las Vegas Sands all on the move. We break down the numbers and bring you the trades. Plus a nearly 15-year high for 10-year yields and a 20-plus year high for mortgage rates. What that means for the economy and housing. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 19, 2022•44 min
Netflix shares on pace for their best gain of the year after adding more than twice as many subscribers as expected in the latest quarter. So what’s next for the stock? Plus markets continue to rally as Monday’s momentum holds on. Can the bounce be believed? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 18, 2022•44 min
Stocks staged a massive rally to start the week with the Nasdaq 100 putting in its best day since July. But can the rally hold? Plus China delaying the release of its latest GDP report. What it means for the state of the country and its markets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 17, 2022•44 min
Major markets dropped to end the week, unable to keep up the rally it managed on Thursday. The S&P and Nasdaq dropped into negative territory for the week, while the Dow managed a 1% gain. But where are we heading from here? The Chart Master joins with some answers. Plus not one, but two charts of the week, both plagued by issues in China. We’ll break down the moves. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal...
Oct 14, 2022•22 min
The S&P briefly dropped below 3,500 before staging its biggest rebound since the depths of the pandemic, despite a hotter than expected CPI report. So are investors betting that this time inflation really has peaked? Plus one of our traders closed out his bearish position on Tesla, but is he hopping on the bandwagon now? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 13, 2022•44 min
Ahead of tomorrow’s CPI report, one options trader made a bet that yields on the 10-year treasury are heading below 3%, and soon! But what does that mean for the market? Plus a bunch of big names hitting 52-week lows today. And the Chart Master is here to tell us if the charts are so bad, they’re good… or so bad, they’re bad. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 12, 2022•44 min
The Bank of England telling pension funds they have three days left of its emergency report and they have to make changes to their portfolios soon. The news sent U.S. stocks well off their highs, with the S&P and Nasdaq both posting their fifth day of losses. Plus chip stocks were down again today, but how much farther can they fall. One top analyst joins to give his thoughts. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use o...
Oct 11, 2022•44 min
For the second quarter in a row, JPMorgan’s CEO is issuing a dire warning just days before the company’s earnings report. But what does another 20% decline mean for stocks? Plus chip stocks taking another big hit today as markets digest the latest restrictions on Chinese imports. We dive into what’s next for the sector. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 10, 2022•44 min
Stocks dropping into the close with the Nasdaq nearly erasing all of its gains for the week. So how are markets set up as we head into earnings season? Plus one stock bucked the trend this week and soared more than 15%, nearly clocking in its best week since 1974. We’ll tell you what it is and how to play it. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 07, 2022•22 min
Stocks fell for a second day ahead of tomorrow’s jobs report. What the numbers could mean for the Fed and the markets. Plus President Biden pardoning all federal mairjuana possession charges, taking a big step on the path to legalization. What it means for the pot stocks, and how to trade them. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 06, 2022•44 min
Oil prices rising as OPEC+ announces plans to cut production by the largest amount since the start of the pandemic. So what does this mean for the White House as we head to the all-important midterm elections? Plus stocks closing well off their lows but still posting their first losses of the month. And one top technician says, wherever markets go from here, it’s not the time to bet on tech. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collectio...
Oct 05, 2022•44 min
Stocks posting a second day of big gains, with the S&P closing out its best 2-day run since April, 2020. Can the momentum keep going? Plus Elon Musk is reviving his offer for Twitter on the original terms. What’s changed, and what it means for the social media space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 04, 2022•44 min
It’s a “bad news is good news” kind of day in the markets, with stocks rallying after a historically bad performance in September. But should you believe the bounce or is there more pain ahead? Plus OPEC+ considering its biggest production cut since the start of the pandemic. What it means for oil prices and inflation. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 03, 2022•44 min
Stocks closing out a historically bad September and Q3, but as we head into the all-important holiday quarter, can the consumer come to the rescue? Plue Sheryl Sandberg’s last day and the stock trading at 1992’s lows. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Sep 30, 2022•22 min
Markets giving back most of yesterday’s gains after a couple Fed officials suggested the central bank is going to stick with its rate hike schedule. So should you stick with their message and stay out of stocks? Plus, a rare downgrade sending shares of Apple dropping today. And there are a couple more bears lurking in the options market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Sep 29, 2022•44 min
Stocks rallying after hitting the year’s lows as one central bank indicated it’s willing to step in to calm the markets. But will the Fed follow suit or is there more turmoil ahead? Plus Biogen making a major breakthrough with its Alzheimer’s treatment. What it means for the stock and the rest of the biotech space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Sep 28, 2022•44 min