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Dissecting IBM Earnings: What It Means For Your Portfolio
2 Gun Stocks Ready to Blast Off in 2021
The Biggest Threat To the Stock Market This Week

Dissecting IBM Earnings: What It Means For Your Portfolio

Posted: 25 Jan 2021 08:37 AM PST

Disappointing earnings from technology leaders are to blame for the drop in the Dow Jones Industrial Average (INDEXDJX: .DJI) today. Leading the disappointments is the missed revenue expectations from International Business Machines Corp.'s, aka IBM (NYSE: IBM).

IBM's stock price fell around 6.5% aftermarket. Their sales have now declined or remained stagnant for ten quarters with no year-over-year increase in revenue. Their biggest unit (cloud and cognitive software) saw revenue decrease 4.5% from the year earlier. Unfortunately for IBM, this is becoming a familiar pattern and is reflected in their stock price.

It is still too early into earnings season to make broader characterizations across the market. But, keep an eye on the stock charts to see how traders react to the news, rather than taking headlines at face value.

Fundamental and technical data are pointing to a much-needed correction. Not a full-fledged bear market but a healthy pullback that will allow stocks to move forward with the correct momentum. Some key data points to keep in mind in this regard: the divergence between the S&P 500 (INDEXSP: .INX) and the RSI oscillator, the percentage of stocks trading above their 200-day moving average, and the put-to-call ratio.

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2 Gun Stocks Ready to Blast Off in 2021

Posted: 25 Jan 2021 08:15 AM PST

Election news, the Capitol Hill riot, looting and a new Democratic presidency has resulted in a huge uptake of sales for firearms… and a surge in two gun stocks for 2021.

It's pretty well known that the Democratic Party favors gun control. That's the main reason why we're seeing such a huge surge in gun sales — people want to buy guns now while they can still exercise their Second Amendment rights and before more gun control laws can emerge.

And as COVID-19 vaccines continue to roll out, we should also see an increase in consumer spending in the near future (hopefully).

Even if we were to continue on with the stay-at-home environment in 2021, that could end up boosting gun sales as well. When you're stuck at home all day, the last thing you want to have to worry about is compromising your protection.

2 Explosive Gun Stocks for 2021

We have a new administration… a Democratic administration.

And typically when you have a switch over from a Republican president to a Democratic one, there tends to be a huge spike in gun sales.

The reason for this is that a lot of Americans become fearful that Democrats will restrict their gun rights — which has happened before, so it’s not an unreasonable concern.

And while I have a lot of opinions on this matter, I like to back them up with facts. A great proxy for the gun market is how many gun background checks the FBI performed in the previous year.

Check this out: Between November and December of 2020, there were 2 million more background checks performed. That's more than a 37% uptake.

That means that there were 37% more background checks done in the last two months of 2020 than the entire year because more and more people want guns. And if that isn't enough to convince you that guns are a hot commodity now, there were more background checks in the months through September than all of 2019.

It was indeed a busy year for all things "gun."

So today I want to give you two stocks that should largely benefit from the massive uptick in gun sales that has already started.

If you'd like to reveal the tickers for the two gun stocks for 2021 on my list, then tune into today's video and be sure to leave a comment with your thoughts in the section below.

Also, don't forget to subscribe to my YouTube channel and like the video.

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The Biggest Threat To the Stock Market This Week

Posted: 25 Jan 2021 06:41 AM PST

Global stock markets are mostly higher this morning as investors look forward to upcoming earnings reports in hope that economies hit hard by the COVID-19 pandemic will soon recover.

With both a Democratic president and Congress, investors are hopeful that Washington will send out another round of economic stimulus. In fact, President Joe Biden has already proposed a $1.9 trillion plan that would send most Americans $1,400 checks.

Now it's likely just a matter of time…

In today's video, I'll also show you the biggest threat to the stock market this week… which Federal Reserve reports will drive price action… which sectors are reporting earnings… and the top stocks in the S&P 500, Nasdaq 100 and Russell 2000.