Tag: stockie dokie
Robo taxis are a $300 billion bubble
Matein Khalid The weekend Crony Club dinners in the finest watering holes/pizzerias of Dubai are as long as they are liquid and our sole focus is to exchange money making investment ideas and wildest new jokes. So I found out that my buddies were more int...
Hard truth is CPI still rising
Matein Khalid The April jobs number and now the April CPI has reinforced convictions that inflation will continue to come down and thus the capital markets price two Fed rate cuts by year end. The 10-year US Treasury note yield has dropped to 4.40% though...
US central bank immunity from political interference is a myth
Matein Khalid One thing is certain. Both Donald Trump and Joe Biden are not happy campers now that the yield on the 10-year US T-note, the single security most sensitive to expectation of shifts in Fed monetary policy, has jumped above 5%. This means that...
Rally skewed towards growth megacaps
Matein Khalid I thought the US stock market was overextended last week after the FOMC statement endorsed Wall Street’s “three rate cuts in 2H 2024 consensus”. My problem was this could be derailed by one bad inflation number and that Goldilocks economy mi...
Sector rotation in markets widens
Matein Khalid Bliss it was that dawn to be alive but to be long Nvidia was pure heaven. The ghost of William Wordsworth will forgive me for butchering his verse but he could have written an immortal homage to the AI annus mirabilis of 2023 had he lived in...
Bidenomics is all about fiscal largesse
Matein Khalid The spectacular bull market that resumed in mid-October has continued into the first 9-weeks of 2024. True, Nvidia at 919, Meta at 500 and Microsoft at 415 have all been catapulted from Wall Street to Valhalla (the abode of the Nordic Gods!)...
With Nvidia, we live in the best of all worlds
Matein Khalid Voltaire’s Dr. Pangloss’s observation that we live in the best of all possible worlds definitely is true for those who held Nvidia (NVDA) into what prove to be another earnings blockbuster and now see the shares rise from 660 the night befor...
Nvidia’s epic rise is overdone
Matein Khalid Nvidia’s epic rise from 150 in Jan-2023 to 726 now is historic in Silicon Valley. Yet it is no exaggeration to state that the entire fate of the Mag-7, the chip sector or even Nas-100 now depends on what Jensen Huang reports and guides on We...
