Stephen Guilfoyle

Florida

Co-Anchor, Street Smarts and Contributing Writer at The Street

Pres, Sarge986 LLC. Writes daily for TheStreet PRO. #MarketRecon Seen often at Fox Biz, Schwab-Ameritrade Network, Yahoo Finance. Former CNBC regular

Articles

Will IonQ's Big Move for Quantum Computing Breakthrough 'Open the Door'?

2 weeks ago | pro.thestreet.com | Stephen Guilfoyle

Quantum computing company IonQ (IONQ) made some news early on Monday morning. The College Park, Maryland-based firm announced a definitive agreement to acquire Oxford Ionics (of Oxford, England) for 1.065 billion in common IonQ shares and roughly $10 million in cash. Most readers are likely at least somewhat familiar with IonQ as a leader in quantum computing and the development of high-performance systems based on trapped ion technology.
Let's Unpack Friday's Rally

2 weeks ago | pro.thestreet.com | Stephen Guilfoyle

Markets roared on Friday. OK, let me correct that. Equity markets roared on Friday (Treasury markets most certainly did not roar), closing out another strong week as several key indexes went into the weekend at their highest levels since this past February. Markets were nudged higher more by de-escalating conditions between the U.S. and China than anything else.
Equity Markets Anticipate Rate Cuts After Latest Jobs Report

3 weeks ago | pro.thestreet.com | Stephen Guilfoyle

At first glance, I thought a positive thought. The thought was fleeting. The roses were pretty and smelled nice, but the stems had thorns. The Department of Labor's Bureau of Labor Statistics had released the results of their two employment surveys for May, the Establishment and Household surveys.
New Price Target for SoFi as Swing Traders Make a Move

3 weeks ago | pro.thestreet.com | Stephen Guilfoyle

It's been a little while since I have updated core "Stocks Under $10" holding SoFi Technologies (SOFI) for our readers. The last time we touched upon this name was the morning of April 29. SOFI had just reported the firm's first quarter financial results. The firm's top- and bottom-line numbers had both easily beaten Wall Street's expectations. Revenue growth was good enough for a year-over-year gain of 32.8%.
A Presidential Headlock, Pivotal Day for Tesla's Chart, Lululemon Annihilation

3 weeks ago | pro.thestreet.com | Stephen Guilfoyle

I still can't believe what we all witnessed on Thursday afternoon. When I was a kid, I mean a small kid, like early elementary school aged, I used to watch professional wrestling. I couldn't understand how these guys could take such a serious beating and do it over and over again. My favorites were the long-time champ, Bruno Sammartino and Chief Jay Strongbow.
Netflix Price Target Boosts Hint at Lucrative Trade Idea

3 weeks ago | pro.thestreet.com | Stephen Guilfoyle

Some readers might be old enough to remember the short positions that I had taken on a few different times in Netflix (NFLX) , back when that name first faced real competition for its streaming television chrome. In came Disney (DIS) Plus and the Disney bundle that included Hulu and ESPN Plus. In came Comcast's (CMCSA) Peacock and Paramount Global's (PARA) Paramount Plus. In came a host of competitors with their own legacy driven portfolios of content.
Stock Market Today: Something Different: Here's Market Recon from TheStreet Pro's 'Sarge' Guilfoyle

3 weeks ago | thestreet.com | Stephen Guilfoyle

Happy Thursday. We’re doing something a little different today. We’re kicking off the Stock Market Today column with comments from Stephen “Sarge” Guilfoyle’s daily Market Recon. This is the type of great analysis he provides every day over in TheStreet Pro. If the Pros don’t trade blind—why should you? Cut through the noise with premium insights from TheStreet Pro It could have gotten ugly, one might have thought. The information started trickling out on Wednesday morning.
Boosting Peloton Price Target After AI-Powered Platform News

3 weeks ago | pro.thestreet.com | Stephen Guilfoyle

On May 8, I gave readers a falling-wedge pattern of bullish reversal with the shares of Peloton Interactive trading at $6.40. Based on that pattern and the pivot, which I saw as the 200-day SMA at that time, I gave you a target price of $8.25. On May 16, I updated my thoughts on the position, with the breakout from the falling wedge in full swing and wrote to readers that I thought these shares could be bought at or close to their 50-day SMA.
Swapping CrowdStrike for Competitors After Disappointing Compensation Move

3 weeks ago | pro.thestreet.com | Stephen Guilfoyle

I have told everyone who would listen for years now, that CrowdStrike Holdings (CRWD) was the "best in class" name in cybersecurity. I have stuck with CrowdStrike through thick and thin, even during that debacle over a year ago that involved Microsoft (MSFT) and even when more well-known pundits were touting the praises of Palo Alto Networks (PANW) and Zscaler (ZS) . My faith in the name has, over time, paid off quite handsomely.
Tariff Tightrope, 'Confirmation Day' Calling, Elon Lets Loose, CrowdStrike ... Ouch!

3 weeks ago | pro.thestreet.com | Stephen Guilfoyle

I Wanna RockTurn it down you sayBut all I got to say to you is time again I say no (no)No, no, no, no, noTell me not to playWell, all I got to say to when you tell me not to play I say no (no)No, no, no, no, noSo, if you ask me why I like the way I play itThere's only one thing I can say to youI wanna rock (rock)....