By: AB (AllianceBernstein L.P.)
Harvest Exchange
October 17, 2017
By Martin Atkin
October 12, 2017
Originally Published at: The Science and Art of Multi-Asset Investing
(Bloomberg) -- Super Micro Computer Inc. shares are seeing their biggest drop in about two months on Friday, after the maker of servers announced the date of its third-quarter results but didn’t pre-announce results.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemRecord Rainfall in Dubai? Blame Climate Change, Not Clo
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Is the shine starting to come off Super Micro Computer stock? Shares of the server maker, better known as Supermicro, fell 14% Friday morning, putting the stock on track for its fifth decline in six sessions.
One of the fastest-growing utility stocks, along with "Wall Street's Greatest Dividend Stock," make for phenomenal buys right now.
Microsoft has been one of the pioneers in the field of AI, but this tech giant is also set to win big time from the growing adoption of this technology.
The number may be smaller than expected.
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
Tesla's growth story was about leading the paradigm shift to EVs, and an affordable car was a part of that story. Now without it, the narrative has changed.
You don't have to be a stock market genius to outperform most pros.
