Mixing robots and artificial intelligence sometimes conjures up images of Hollywood’s Terminator threatening the existence of humanity. The reality is much more mundane. Care services, traditionally provided in homes, hospitals and nursing centres, increasingly turn to robots, first in Japan and South Korea, and now in China. Some critics warn that robots lack the human touch. It remains to be see...
Mixing robots and artificial intelligence sometimes conjures up images of Hollywood’s Terminator threatening the existence of humanity. The reality is much more mundane. Care services, traditionally provided in homes, hospitals and nursing centres, increasingly turn to robots, first in Japan and South Korea, and now in China. Some critics warn that robots lack the human touch. It remains to be seen how well residents and patients respond to supposedly human-friendly machines in different...
War Schmwar By Peter Tchir of Academy Securities Markets have been almost totally dismissive of the conflict in Iran. Frankly, the number of countries, including oil-rich nations, that had been firing at each other seemed quite high, yet most markets shrugged it off. While the Strait remained closed, or blockaded, or blocked, the market remained in Open Sesame mode this week. Moonshot Artemis II w...
War Schmwar By Peter Tchir of Academy Securities Markets have been almost totally dismissive of the conflict in Iran. Frankly, the number of countries, including oil-rich nations, that had been firing at each other seemed quite high, yet most markets shrugged it off. While the Strait remained closed, or blockaded, or blocked, the market remained in Open Sesame mode this week. Moonshot Artemis II wasn’t the only “moonshot” we’ve seen. The SOX index has jumped almost 50% since March 30th . That would be incredible, but 18 straight days of gains is wildly impressive ! (Even the NY Mets could only do the same thing 12 days in a row, but in the other direction). The lower chart is RSI (Relative Strength Indicator and one of my favorite technicals to look at). This index went from the cusp of oversold, to heavily oversold, to overbought territory in 2 weeks and gets “more” overbought by the day. Every strong chip earnings report not only “skyrockets” that stock, but it also pulls up the entire sector. The AI and Data Center Buildout narrative remains completely intact even as “war” rages. If anything, the need for domestic AI and Data Centers is growing as physical security concerns continue in the Middle East. Not Sure if “Laggards” Is the “Right” Word, But… Quantum computing has bounced, but unlike the semis, it is not even at the highs of the year, let alone the highs from last year! If you own a “quantum” ETF, you likely have seen far better returns in the past few weeks than this chart would indicate. But that is because the ETFs own a lot of semiconductors. QTUM (Defiance Quantum ETF), the largest “quantum” ETF at $4.1 billion, has TER as its largest holding. INTC, STM, and MU were the next largest holdings. So, I tried to identify 4 tickers from WQTM that seemed to be more “pure play” quantum. We have yet to see a real breakout in Uranium and Rare Earths stocks. REMX (for Rare Earths and Critical Minerals) and URA have bounced, but Uranium is still lower than it wa...
Accenture plc (NYSE:ACN) is one of the Best Stocks to Buy While the Market Is Down. The Street is bullish on Accenture plc (NYSE:ACN) as 70% of the 30 analysts covering the stock have a Buy rating. Moreover, the average 12-month price target suggests more than 26% upside from the current level. Recently, on April […]
Accenture plc (NYSE:ACN) is one of the Best Stocks to Buy While the Market Is Down. The Street is bullish on Accenture plc (NYSE:ACN) as 70% of the 30 analysts covering the stock have a Buy rating. Moreover, the average 12-month price target suggests more than 26% upside from the current level. Recently, on April […]
Meta Platforms, Inc. (NASDAQ:META) is one of the Best Stocks to Buy While the Market Is Down. On April 20, Meta Platforms, Inc. (NASDAQ:META) and CBRE, which is a major real estate and data center service company, announced a multi-year partnership. The collaboration is a multi-year initiative that aims to train thousands of fiber technicians […]
Meta Platforms, Inc. (NASDAQ:META) is one of the Best Stocks to Buy While the Market Is Down. On April 20, Meta Platforms, Inc. (NASDAQ:META) and CBRE, which is a major real estate and data center service company, announced a multi-year partnership. The collaboration is a multi-year initiative that aims to train thousands of fiber technicians […]
NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Stocks to Buy While the Market Is Down. On April 18, Reuters announced that Cerebras Systems, which is a venture capital-backed, Silicon Valley-based company, filed for a US initial public offering. This can mean direct competition for NVIDIA Corporation (NASDAQ:NVDA), as on its website, Cerebras Systems boasts […]
NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Stocks to Buy While the Market Is Down. On April 18, Reuters announced that Cerebras Systems, which is a venture capital-backed, Silicon Valley-based company, filed for a US initial public offering. This can mean direct competition for NVIDIA Corporation (NASDAQ:NVDA), as on its website, Cerebras Systems boasts […]
Microsoft Corporation (NASDAQ:MSFT) is one of the Best Stocks to Buy While the Market Is Down. On April 16, Reuters reported that Microsoft Corporation (NASDAQ:MSFT) and Stellantis have entered a five‑year strategic partnership. As part of this collaboration, Stellantis will rely heavily on Microsoft’s cloud, AI, and cybersecurity expertise to modernize its digital and engineering […]
Microsoft Corporation (NASDAQ:MSFT) is one of the Best Stocks to Buy While the Market Is Down. On April 16, Reuters reported that Microsoft Corporation (NASDAQ:MSFT) and Stellantis have entered a five‑year strategic partnership. As part of this collaboration, Stellantis will rely heavily on Microsoft’s cloud, AI, and cybersecurity expertise to modernize its digital and engineering […]