Trending Stocks, Investing Tips, and Market Insights on Stockchase
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He added shares. It's in its maturity process, like Apple in the past. He considers his a long-term investment. They're buying back $80 billion in shares and pay a 0.5% dividend. They attain nearly $100 billion of revenue per quarter. Is a good time to buy.
US EQUITIES
He sold most of it. Trading at 35x forward PE is insane for a highly cyclical, capital-intensive company. It should be around 15x PE. We don't know how long this rally will last, but CAT has always been cyclical. He expects them to report a good quarter, though.
AI slump pressures markets, oil spikes
The ongoing sell-off in AI stocks accelerated with China unveiling its Moonshot model which is challenging American models and rattling American investors. Negative sentiment sent the Nasdaq down 1.4% on Friday and nearly 3% lower for the week. Meanwhile, the S&P sank 1.01% for the day and fell 1.55% over the week, and the Dow shed 0.77% on Friday and lost nearly 1% for the week. The TSX fared relatively better, down 0.22% for the session and was modestly negative for the week.
Key names in New York: Nvidia -2.21%, Intel -2%, Intuitive Surgical -14.15% and the SMH semis ETF -2.18%. Netflix tumbled 7.26% after beating profits, but disappointing in outlook. In Toronto: BlackBerry -1.87%, CNQ 2.03%, MDA Space -4.08%, Stella-Jones -3.69% and Wesdome Gold 4.2%. Energy rallied the most while tech lagged the furthest as only four sectors rose. Silver gained 0.8% to US$55.85, gold added US$33 to US$4,010 and WTI leapt 4.2% to US$82.25 as war raged between the U.S. and Iran. The U.S. 10-year yield declined to 4.553%.
💾 NVIDIA Corporation (NVDA) -2.21%
💾 Intel (INTC) -2%
🧫 Intuitive Surgical Inc. (ISRG) -14.15%
🧬 HOLDRs Semiconductor (SMH) -2.18%
📺 Netflix Inc. (NFLX) -7.26%
📱 BlackBerry (BB.TO) -1.87%
🛢 Canadian Natural Rsrcs (CNQ.TO) +2.03%
🧬 MDA Space Ltd. (MDA.TO) -4.08%
🌲 Stella-Jones Inc. (SJ.TO) -3.69%
🥇 Wesdome Gold Mines Ltd. (WDO.TO) +4.2%
There's always rotation going on in the market. So you need to have a diversified portfolio. You need to have a stop point, so you know when to get out and when to stay in without emotions taking over. There's a great book called The Art of Execution, which defines how you should think of yourself as an investor.
This Week’s Stock Picks & BNN Top Picks Summary: GS-N, TSM-N and 16 Stock and 4 ETF Top Picks (Jul 10-16)
This week were 16 Stock and 4 ETF Top Picks in a wide range of industries: Financials, Technology, Basic Materials, Utilities, Consumer, ETF and Industrials. Here are this week´s Top Picks as selected by: Michael O’Reilly, Billy Kawasaki, Darren Sissons,… read more
Semis lead stocks down
Capital continued to flow out of semis and memory stocks on Thursday as Nvidia closed -2.4%, Intel -4.84%, Sandisk -12.63% and Micron -5.65%. Elsewhere, Abbott Labs surged 10.69%. The Nasdaq slid 1.47% while the S&P fell 0.51% and the Dow declined 0.2%.
In Canada, the TSX closed -0.26% in mixed trading as industrials and staples outperformed but materials sold off hard. Key names: TFI International 7.27%, Descartes 6.4%, BlackBerry -14.23%, Barrick -3.97% and B2Gold -3.75%.
In commodities, gold fell over 2% to US$3,975, silver tumbled 4% to US$55.40 and WTI slipped 0.75% to US$79. Bitcoin sank 1.15% to US$64,195. The U.S. 10-year yield hovered around 4.55%.
💾 NVIDIA Corporation (NVDA) -2.4%
💾 Intel (INTC) -4.84%
💾 Sandisk Corp (SNDK) -12.63%
💾 Micron Technology (MU) -5.65%
💊 Abbott Labs (ABT) +10.69%
🚚 TFI International Inc (TFII.TO) +7.27%
💾 Descartes (DSG.TO) +6.4%
📱 BlackBerry (BB.TO) -14.23%
⛏ Barrick Mining (ABX.TO) -3.97%
🥇 B2Gold Corp. (BTO.TO) -3.75%
🅱 Bitcoin (BTCUSD) (BTC-USD) -1.15%
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A year ago, he struggled to find value. Ended up buying SVNLY, which had an attractive valuation. Everything else was expensive, and even more so today. Don't forget that banks are cyclical. The good times are here, and it doesn't get much better than this. Be mindful, risk/reward isn't attractive.
Similar argument for US banks on valuation, though he's slightly less concerned about them.
Be mindful of your overall bank exposure.
Bets it will be consolidated if shares stay down here. Can buy some here.
There's been a lack of market breadth. Until the last quarter of 2025, it's been all tech. But now tech has been weaker than other sectors. Eventually, the semis will be weak. Nearly every other sector has gained strength, which makes him bullish. This rotation is healthy. In the past month or so, tech has been underperforming other sectors. Value is returning to the market and diversification has returned. The market is healthier than 6 months ago.
BoC holds rates, Apple hits high
Trading was mixed in Toronto as financials and telcos rallied the hardest while tech and materials slid the most. The TSX gained 0.26% or 91 points. To little surprise, the Bank of Canada held the prime lending rate at 2.25%.Silver declined 1.65%, gold added US$8 to US$4,060 while WTI edged up almost a dollar to US$4,060 as war raged between the U.S. and Iran. Major movers on Bay Street: EQB 9.6%, BlackBerry -3.23%, Bird Construction 13.37%, Aecon 9.06% and Energy Fuels -4.46%.
In New York, PPI, producer’s inflation, came in lower than expected in June. Sentiment was positive as the S&P gained 0.38%, the Nasdaq 0.62% and the Dow 0.29%. PayPal soared 17.2% after a report it could be bought out, Blackrock rallied 6.63%, Dell tumbled 9.8%, Intel slid 4.43% while Apple rose 4% to a new high. Bitcoin edged up 0.6% to US$64,910. The U.S. 10-year yield slipped to 4.553%.
🏛 Equitable Group (EQB.TO) +9.6%
📱 BlackBerry (BB.TO) -3.23%
🧱 Bird Construction (BDT.TO) +13.37%
⚙ Aecon Group Inc (ARE.TO) +9.06%
⛏ Energy Fuels Inc. (EFR.TO) -4.46%
💳 PayPal Holdings Inc. (PYPL) +17.2%
🏛 Blackrock Inc. (BLK) +6.63%
💻 Dell Computers (DELL) -9.8%
💾 Intel (INTC) -4.43%
🍎 Apple Inc (AAPL) +4%
🅱 Bitcoin (BTCUSD) (BTC-USD) +0.6%
We've seen some improvement in healthcare and some of the healthcare ETFs.
Weekly 52-Week Low (or 52-Week High): EMA-T, BNS-T, OGI-T, IVN-T and More 52-Week Highs and Lows (Jul 08-14)
52-Week High TSX Stocks Here’s this week’s 52-week high stocks on Stockchase… 💡 Utilities 💻 Technology 🚚 Industrials 🏛 Financials ⚡ Energy 👨⚕️ Healthcare 🛍 Consumer 🛢 Basic Materials 52-Week Lows TSX Stocks Here’s this week’s 52-week lows stocks on… read more
Markets stabilize as Mideast war resumes
As the US and Iran resumed fighting over the Strait of Hormuz, WTI oil climbed another 2.25% to US$79.90, though markets in New York and Toronto stabilized. The American indices regained some of the ground they lost in Monday’s sell-off: S&P 0.38%, the Nasdaq 0.9% while the Dow was flat. Goldman Sachs surged 9% as the US banks reported, Crowdstrike popped 12.14%, Nvidia rose 4.06%, though IBM cratered by 25.21% after issuing a Q2 earnings warning, and Spacex slid 2.2% to nearly its IPO price. Meanwhile, Bitcoin jumped 3.7% to US$64,455. The U.S. 10-year yield slipped to 4.585%.
In Toronto, the TSX gained 0.16% though only three sectors were up, including materials. Tech and staples were the worst performers. Silver rallied 2% to US$58.65 and gold climbed US$52.45 to US$4,055. Key names: CNQ -1.86%. BCE -1.94%, BlackBerry 1.98%, First Quantum Minerals 8.26% and Hudbay Minerals 6.72%.
🏛 Goldman Sachs (GS) +9%
💾 CrowdStrike Holdings (CRWD) +12.14%
💾 NVIDIA Corporation (NVDA) +4.06%
💾 IBM Common Stock (IBM) -25.21%
📡 SpaceX (SPCX) -2.2%
🅱 Bitcoin (BTCUSD) (BTC-USD) +3.7%
🛢 Canadian Natural Rsrcs (CNQ.TO) -1.86%
📱 BCE Inc. (BCE.TO) -1.94%
📱 BlackBerry (BB.TO) +1.98%
⛏ First Quantum Minerals (FM.TO) +8.26%
⛏ Hudbay Minerals (HBM.TO) +6.72%
