
The Calm Before the Storm?
Alright folks gather 'round. Axelrod here your friendly neighborhood billionaire ready to break down this week's earnings circus. It seems the suits on Wall Street are sweating bullets thanks to the trade war tango orchestrated by... well you know who. More than 100 companies in the S&P 500 are about to spill their guts and everyone's hanging on every word. "What's coming won't wait," remember that.
Tariff Tantrums and Tweetstorms
Trump's been slapping tariffs around like he's playing a game of whack a mole and naturally everyone's scrambling. China's not exactly thrilled Canada's throwing shade and the Fed's caught in the crossfire. Powell's probably wishing he'd taken up basket weaving. But hey at least there's a "reciprocal tariff pause" – because nothing says stability like a temporary truce in a trade war. The only thing I hate more than losing is when someone else wins.
Boeing's Wing and a Prayer
First up we've got Boeing reporting on Wednesday. Analysts are predicting revenue growth but also a loss on the bottom line. Talk about flying close to the sun. Seems China's airlines are giving them the cold shoulder due to tariffs. Some genius over at Morgan Stanley says it's "minimal downside risk". "Money won is twice as sweet as money earned" but i wouldn't go betting the ranch on Boeing's numbers just yet.
Tesla's Electric Slide
Tesla's rolling in on Tuesday and the forecast is about as sunny as a polar bear's backside. Flat revenue earnings decline – sounds like Elon's been hitting the wacky tobacky again. Wells Fargo is worried about price cuts and lower demand. Personally I wouldn't touch Tesla with a ten foot pole right now unless you're into high stakes gambling. Sometimes the best move is the one you don't make.
Alphabet Soup: Google's AI Gamble
Thursday brings us Alphabet. Analysts are expecting modest earnings growth. Apparently Google's getting no love for its AI Overview Ads which sounds about right. BMO's lowering their search forecasts because of an "uncertain Ad outlook." Someone should tell them uncertainty is the only certainty in this game. But as Sun Tzu said "In the midst of chaos there is also opportunity."
Pro Subscribers Get a Trading Floor Cocktail Party!
And if you're feeling lost in this economic wilderness CNBC is hosting a "Pro LIVE" event at the New York Stock Exchange. Pro clinics networking and cocktails on the trading floor – sounds like my kind of party. Might even swing by and drop some truth bombs. After all a little chaos keeps things interesting. Remember loyalty is a one way street.
sephiroth
Time to short everything!