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

IBM's Selling Off After Earnings. But There's Still a Logical Way to Trade It

22 hours ago | pro.thestreet.com | Stephen Guilfoyle

On Wednesday afternoon, International Business Machines (IBM) , affectionately known as "Big Blue," revealed first-quarter financial results that were solid ... but not so spectacular. For the three-month period ended March 31, IBM posted an adjusted earnings per share of $1.60 (unadjusted EPS: $1.12) on revenue of $14.541 billion. These numbers all beat Wall Street's expectations, while year-over-year revenue growth inched 0.6% higher. That said, the stock is trading lower on Thursday morning.
Truth Eludes in Tariff Tussle, Palantir Pushes Up, Semiconductors Surge

1 day ago | pro.thestreet.com | Stephen Guilfoyle

I Don't KnowHow am I supposed to knowHidden meanings that will never show? Fools and prophets from the pastLife's a stage and we're all in the cast - Ozzy Osbourne, 1981Seeking Truth Training mission. Mojave Desert. Mid-1980s. Enemy reconnaissance elements were supposedly operating in the area. Curled up in my poncho liner, I woke up and could see the stars so clearly. A slight chill. A mild breeze. So many stars. Such a clear night.
Price Target, Pivot Updates on Palantir, Rocket Lab, SoFI and More

1 day ago | pro.thestreet.com | Stephen Guilfoyle

We pretty much kept our focus narrow as far as our "Stocks Under $10" and former SU$10 names are concerned. We have two triggered pivots and a couple of names that are closing in on pivot points. Consider this note a "heads up" in case one wasn't really focusing on these stocks. Palantir Technologies (PLTR) This is the (PLTR) chart that I showed you a couple of weeks ago. The stock has broken out of the falling-wedge pattern and taken out its pivot which was the 50-day SMA.
Projecting Tesla Stock After Musk's DOGE Statement Turns Heads, Drives Pop

1 day ago | pro.thestreet.com | Stephen Guilfoyle

First off, for those following my overnight rental in Tesla (TSLA) , I took my profits (at $254.81) on that trade prior to being asked to cover Tesla's earnings, so I am flat the name. The stock has inched up after I made that sale, so, while one never looks a gift horse in the mouth, I could have done a better job in my execution. On Tuesday evening, the EV-maker released the firm's first quarter financial results.
Overwhelming Force, Bessent's 'Bombs,' Something to Build On? Tesla and Musk

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

Children played outside on Tuesday. Lovers walked hand in hand along sandy beaches. Oh, what joy. The sun came out, flowers bloomed, and birds sang their songs. Did I mention that the New York Mets have already put together their second six-game winning streak of the season... with more than a week left in April? Rock on. Twenty-four hours ago. Remember? Just twenty-four hours ago, we decided that what we had witnessed on Monday afternoon came pretty close to a full-on panic.
New GE Target Price Amid Strong Execution

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

GE Aerospace (GE) released the firm's first quarter financial results on Tuesday morning. For the three-month period ended March 31, GE Aerospace posted an adjusted EPS of $1.49 (GAAP EPS: $1.83) on adjusted revenue of $9.935 billion. Adjusted revenue printed at $9.001 billion. The adjusted earnings print easily beat Wall Street, while the adjusted revenue print fell just short of consensus view. Haven't seen much "adjusted" revenue, have you? Usually, revenue is revenue.
Whispers of Amazon Slowing on AI, China Ramps Up Nvidia Rivalry, Ugly Stick Hits Wall St.

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

Did we detect a whiff of panic in the air on Monday? Better question. Will we even know when panic strikes in an electronic algorithm- driven market model in real time? Maybe we won't recognize any actual form of capitulation for what it is without human beings in colored jackets beating the heck out of each other? Without the noisy din of the crowd ramping into a roar? Without scraps of paper littering the floor in a fashion that looks a little like a snowstorm? Do robots even panic?
New Peloton Price Target, Panic Point as Wall Street Braces for Contraction

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

Back in March, I gave you one of my "Stocks Under $10" stocks that so far has not worked quite as well as some of my better SU$10 calls (namely, Palantir Technologies (PLTR) and Rocket Lab USA (RKLB) , both of whom are having tough Mondays as the broader market takes its lumps). That name is Peloton Interactive (PTON) . The stock has come in since I wrote those two pieces in March.
Big Netflix Price Target Boost Could Be Conservative on One Condition

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

Netflix (NFLX) became the first of the old FANG names to report this earnings season, last Thursday afternoon after the closing bell. That was an odd time to report as there are not very many firms willing to report on Friday afternoons during five-day trading weeks. That said, Netflix reported in near isolation. The stock ran sharply higher in after-hours trade that evening, and though well off those highs, is still trading in the green on Monday morning despite a red tape.
The Art of the Elusive Deal

4 days ago | pro.thestreet.com | Stephen Guilfoyle

So Close Yet So Far (excerpt)So close, yet so far from paradiseI hold you in my arms, in paradiseIs mine, then you slip awayLike a child at play, and here am ISo close, yet so far from paradise - Joy Byers (Elvis Presley), 1965So Close... To peace in Eastern Europe? The Middle East? To a winding down of the recent market volatility? Or maybe it's just begun .... To a re-acceleration of consumer-level inflation? Or an ebbing of economic activity that suppresses demand and with it, consumer prices.