Tag: equities

ZoomInfo (ZI) Won’t Be The Last Outlook Haircut

ZoomInfo (ZI) Won’t Be The Last Outlook Haircut

Investors finally figured out that ZoomInfo (ticker: ZI), wasn't really a long-term growth story and that once corporate buyers began to pull back on Sales & Marketing spend, ZI would feel the pain. Further, I've always questioned what ZoomInfo considered to be organic revenue. ZI's Q3 2023 Revenue outlook calls for approximately 7-8% revenue growth … Continue reading ZoomInfo (ZI) Won’t Be The Last Outlook Haircut

Nothing To See Here. Or Is There?

Nothing To See Here. Or Is There?

The equity market is too sanguine. Things feel too still. Could this be the calm before the storm, or, will another round of Fiscal stimulus and Fed easing abort the storm on the horizon, fiscal debt and inflation be damned? It is difficult to make a call on the fundamentals whether it be the price … Continue reading Nothing To See Here. Or Is There?

Natural Gas Is Historically Cheap

Natural Gas Is Historically Cheap

Natural Gas is historically cheap. Demand is not going to zero. Therefore, it makes sense to consider owning some in your portfolio. You run the risk that Natural Gas prices may go sideways for a while. However, there is certainly more upside reward than downside risk. I can't say the same for equities, even for … Continue reading Natural Gas Is Historically Cheap

Tomorrow’s CPI = Noise

Tomorrow’s CPI = Noise

Regardless of where CPI lands tomorrow, my view is that the Fed will hold rates higher for longer than the market believes. Higher interest rates combined with a shrinking money supply (QT), translates to: tighter monetary conditions, a higher cost of capital, less revenue visibility for companies, more employee layoffs and a deeper recession. The … Continue reading Tomorrow’s CPI = Noise

Equities Over The Next 2-3 Months

Equities Over The Next 2-3 Months

Back to the office, equities will sell off. We expect that equities will trade off when investors return to the office in January in anticipation of soft earnings. Technology stocks will be hit the hardest. Another leg down on EPS reports. When earnings are reported in January and early February, there will be another leg … Continue reading Equities Over The Next 2-3 Months

Equities Have A Tough 2023 Ahead

Equities Have A Tough 2023 Ahead

There will be more equity market fallout. Historically, equity markets haven't found a bottom while the Fed is in a tightening cycle. I see the NASDAQ index falling to 9,000 during Q1 2023 as: 1.) the Fed tightens further; 2.) weak 2023 earnings guidance is provided on Q4 EPS calls; and 3.) global recession combine … Continue reading Equities Have A Tough 2023 Ahead

Sell This Rally

Sell This Rally

Equity indices have rallied today as reported Headline and Core CPI increased by "only" 7.7% and 6.3% Y-O-Y respectively. Many Technology names are up double-digit percentages today on this macro news despite the fact that many companies are cutting heads (it's not just CRM, LYFT, META, MSFT, NFLX, RDFN and SHOP), given the weak economic … Continue reading Sell This Rally