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It’s a make or break earnings week for tech

I’m sure you’ve noticed. The technology sector, which led the stock market rally in 2023 and in the early days of 2024, is in a slump. The Technology Select Sector SPDR ETF (XLK) tumbled 6.27% last week and is down 7.16% in the last month. For 2024 to date, as of the...

Microsoft beats on earnings, but stock is flat

It is perhaps too early to draw meaningful conclusions, but Microsoft’s failure to jump on better than expected earnings sure seems like more evidence that this is a market priced to perfection. After the close today, January 30, Microsoft reported fiscal second...
Microsoft soars on earnings, so I’m selling the shares I bought for my Volatility Portfolio on my subscription site (but keeping other positions)

Microsoft soars on earnings, so I’m selling the shares I bought for my Volatility Portfolio on my subscription site (but keeping other positions)

Back on March 24, I added shares of Microsoft (MSFT) to my Volatility Portfolio on my subscription JubakAM.com site on the thinking that in a quarter when earnings were projected to be down for the Standard & Poor’s 500 as a whole, reliable technology...