Decoding Wall Street's Crystal Ball: My Take on Today's Top 10 Market Movers

Nike's Got Its Groove Back (Maybe)

Alright folks let's talk sneakers. Nike's been doing some soul searching and apparently they've found their mojo. CEO Elliott Hill sounds like he's finally off the bench and ready to play ball. Inventories are down which means they can stop tripping over unsold shoes and actually start innovating. Shares jumped 10%! Makes you wonder if I should trade in my trusty loafers for a pair of Air Jordans... Nah probably not. I’ll stick to saving the world one shoe free step at a time.

S&P 500: High Scores and Hot Air?

The S&P 500 is flirting with a new all time high. Seems like everyone's feeling a bit too optimistic. Trade deals are supposedly finalized but let's be honest these things can change faster than a Windows update. And the Fed's inflation gauge is hotter than expected. I'm keeping an eye on this one. As I always say 'Success is a lousy teacher. It seduces smart people into thinking they can’t lose.'

Boeing's Second Chance at Takeoff

Boeing's getting a vote of confidence from Rothschild & Co Redburn. They think CEO Kelly Ortberg can pull this plane out of its nosedive. $275 a share you say? That's quite the climb. I hope they've fixed those software glitches. No one wants a 'blue screen of death' at 30,000 feet. Remember even the best pilots need a reliable machine.

AI and Google: A Match Made in...Silicon Valley?

Alphabet's getting an AI powered upgrade. Citizens JMP thinks artificial intelligence is a boon for Google Search. I'm not entirely convinced. AI is powerful but it's also a bit of a black box. We need to make sure it's used responsibly and ethically. After all we don't want Skynet deciding what the world searches for right? But yes AI is the future. I never tire of saying that I was part of the original software revolution and this feels very similar.

Banking Blues: JPMorgan and Bank of America Face the Music

Baird's not feeling the love for JPMorgan and Bank of America. They think the risk reward ratio is out of whack. The Fed's stress tests are coming so we'll see if these banks can handle the pressure. We own Wells Fargo and Goldman for the Club. Maybe they should give those guys a call for some pointers. I never underestimate the importance of stress tests. It is useful to stress over it.

The Hangover: Molson Coors' Beer Troubles

Molson Coors is getting a downgrade. Turns out people aren't reaching for a cold one like they used to. Bank of America lowered its beer industry growth forecast to down 4%. Ouch. Maybe they need to add some AI to beer. I've been told it makes things interesting. I'm joking of course beer doesn't need A.I. However Molson Coors does need an update.

McDonald's: I'm Lovin' the Potential

UBS says it's time to buy McDonald's. I like it. The stock's been on sale and who doesn't love a Big Mac every now and then? The real winners in the restaurant game are in casual dining though. We own Texas Roadhouse. Steak and rolls are always a good bet. However you can never go wrong with a classic McDonalds. Unless of course you need some updating but other than that its gold.

Home Sweet Home (Unless You're KB Home)

Wells Fargo is bullish on Toll Brothers but not so much on KB Home. Apparently luxury homes are the place to be. I'm not sure I agree with splitting hairs here. All homebuilding stocks tend to move together. Like Windows and… well everything. However just like Windows it is bound to have a bug or two. Speaking of bugs let's move on.

Trade Desk: Digital Ads and the Power of Execution

Evercore upgraded Trade Desk. They think the company's execution is improving. The online ad market is booming. Sounds like a good combination. Sometimes it all comes down to getting the basics right. 'To win big you sometimes have to take big risks.' It is what I live by. And this feels right.

Roblox: Leveling Up the Gaming World

Wells Fargo is super bullish on Roblox. They upped their price target to $116. Apparently this video game firm is doing something right. It's a strong story. Makes me wish I had more time to play video games. I have to keep myself busy with saving the world. Oh well can't have it all.