Ole Miss graduate #HottyToddy I like to try and Conquer the Stock Market. on demand chart analysis! I’m what you might call an “advanced” options trader
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MARKET RECAP → Stocks bounced back Friday, closing out one of Wall Street’s most chaotic weeks on a high note.
CONSUMER SENTIMENT SLIDES AS INFLATION FEARS SURGE →📉 Consumer confidence collapsed in April as inflation expectations hit levels not seen since the early ’80s, with recession alarms now ringing across every demographic.
JPMORGAN CHASE $JPM TOPS QUARTERLY EXPECTATIONS → 💰 JPMorgan crushed Q1 expectations with a trading-fueled revenue surge, but CEO Jamie Dimon warned that tariffs, inflation, and market chaos mean smooth sailing is far from guaranteed.
#stocks#market
MARKET RECAP → Stocks dipped Thursday, pulling back from the historic rally sparked a day earlier when President Donald Trump announced a 90-day pause on some of his “reciprocal” tariffs. Despite the temporary relief, investors remained concerned that targeting China with steeper duties could still drag down economic activity.
INFLATION COOLS AS TARIFF TENSIONS SIMMER →📉Inflation fell to 2.4% in March—its lowest since early 2021—but Trump’s looming tariffs may reheat prices and stall the Fed’s rate cut plans.
PRADA BUYS VERSACE TO CREATE
ITALIAN FASHION POWERHOUSE → 🧵 Prada scooped up Versace for $1.375B to bolster its luxury lineup, betting that bold baroque flair plus Milanese minimalism equals market dominance.
$PLTR $CRSP and other stocks that Cathie Wood thinks will be a great trade
The tariff war started by President Donald Trump will likely push the U.S. economy into a recession, but investors should look beyond the current volatilities and think about what kind of recovery the country will enter, says Cathie Wood, CEO of asset management firm ARK Invest, in an interview with Barron's on Wednesday.
Wood believes that during tough economic times, companies offering innovative solutions -- like some of the top holdings in her funds -- tend to gain traction. These firms are well-positioned to benefit as businesses seek efficiency and cost-saving strategies, especially with artificial intelligence and technological advancements in recent years.
"When businesses and consumers are scared, they'll change the way they do things, and that's usually good for the companies that are helping others do things better, cheaper, faster, more creatively, and more productively," she told Barron's.
The fund manager thinks Palantir, a software company that uses AI to help organizations make sense of their data, will be a big beneficiary. The company's main business comes from the government, where it helps different agencies turn messy data into something that can be used to make better decisions. Palantir is applying the technology to large corporations as well.
"We think Palantir is going to be one of the biggest beneficiaries as companies try and make themselves more efficient and move into the AI age," she said, "You've got the C-suite really trying to figure this out, understanding strategically that if they don't jump into the AI age, they'll be left behind."
She also remains bullish on Tesla, despite the stock's slump until rocketing up Wednesday. Shares have lost 28% year to date as investors worry about weak sales and built-up inventories. Wood noted that Tesla is going to launch a new car in this quarter with lower prices -- likely half of a typical model Y -- at about $30,000.
"This will help bring affordability back into auto buying," she said. The expected launch of Tesla'srobot taxi service would also help consumers save on the large upfront costs of buying a car, she said. People can pay for rides as they go, as they're doing with Uber and Lyft today -- just at much cheaper prices without the costs of a human driver.
Tesla also sources more North American parts than most auto manufacturers in the U.S., said Wood. That means even with tariffs, it isn't going to be hit as hard.
Tesla CEO Elon Musk's recent involvement with the Trump administration have dented the firm's brand along with its sales and stock prices. When asked about her view on Musk, Wood shrugged it off: "News cycles pass quickly nowadays, and the best cars are going to win."
In healthcare, she likes biotech firms that help diagnose diseases early or cure diseases. Two stocks she likes: Crispr Therapeutics, which uses the Crispr technology to treat diseases caused by genetic mistakes; and Tempus AI, which uses AI and electronic health records to help diagnose diseases early.
Innovation stocks have been hit hard in the past few years as high interest rates discounted their future cash flow, denting investor confidence in their high valuations. But much of the bad news has been discounted already, said Wood, and many stocks might actually be a great deal right now.
Wood acknowledged that a lot of these firms aren't free cash flow positive yet, but noted that many have a cash runway of four to six years, which should be enough for them to survive the current economic downturn