IBM Posts Strong Q2 Results

International Business Machines (IBM) is fresh off its strong quarterly results with growth returning to the narrative. IBM continues its slow and long turn back to growth, focusing on high-value faster-growing business segments while embracing the future of technology with artificial intelligence, blockchain, and hybrid cloud architecture via the Red Hat acquisition. Over the past few years, IBM has taken a blended approach of M&A, realigning its business mix to current and future trends, maintaining its dividend payout, and continuing to buy back shares while absorbing its Red Hat acquisition.

IBM’s executive leadership has set the growth and value narrative. Investors quickly realize the value Red Hat brings to the table while washing away fears that IBM overpaid for the $34 billion acquisition. IBM has been in a position of strength and has broken out past $140 after its recent quarterly earnings. Long-term imperatives are beginning to bear fruit in emerging high-value segments that have fundamentally changed its business mix while evolving its offerings to align with new-age information technology demands. The Red Hat acquisition will augment its transition away from its dependency on legacy businesses to the future of hybrid cloud, blockchain, artificial intelligence, and analytics.

Quarterly Earnings – Better than Expected

IBM reported Q2 2021 earnings that were better than expected, beating on both the top and bottom line. IBM reported EPS of $2.33 and revenue of $18.7 billion, beating analysts’ targets. The company laid out its growth narrative and Red Hat acquisition catalysts that are bearing fruit. IBM's overall cloud revenue grew by 13% while its cloud and cognitive software cloud revenue grew by 29% and global business services cloud revenue grew by 35% (Figure 1). Continue reading "IBM Posts Strong Q2 Results"

ETF That Opens The Door To Play Options

For most investors, the world of “options” is another universe. Most investors don’t understand how they work, how time decay affects them, or why they can dramatically change the price when their underlying asset ‘hardly’ moved. So it's very understandable why a lot of investors simply stray away from options and stick to the ‘simpler’ investments they understand.

However, every investor should at least attempt to understand how options work and why they are important to the market. Further, most (especially long-term buy-and-hold investors) investors should, at the very least, occasionally dabble in options from time to time.

I know what you are thinking, “this guy is nuts, options trading is gambling, not investing, I have been there, done that, and I’m not doing it again.” But hear me out before your stop reading.

First off, I am a long-term buy-and-hold investor at heart, and that is what I recommend to everyone. Historically, long-term buy-and-hold investing is better than trading, short-term market timing etc., etc. However, with options, you can be long-term investors and make a little cash on the side while essentially having zero risk, at least zero risk of losing capital. Continue reading "ETF That Opens The Door To Play Options"

Copper Is On The Verge

Almost two years ago, in my previous copper update, I called for a big jump of the metal’s price to an ambitious target of $4.65 in the quarterly chart. I put it below to refresh the memory.

Copper Chart

Firstly, the price collapsed to pierce the double support shown in the chart. Only after that, it quickly rebounded to the upside as it hit the preset target of $4.65 this May. I hope you enjoyed that long rally.

Another model, posted almost three years ago within an educational experiment advanced very well, although it did not hit the target yet, as did the pattern shown above. That charting exercise drew a lot of attention and feedback at that time. Moreover, the majority of readers bet on this well-known pattern. Continue reading "Copper Is On The Verge"

The 2021 Guide To Cryptocurrencies (Part 1)

Welcome to the 2021 Guide to Cryptocurrencies! If you’ve ever wondered what cryptocurrencies are all about, you’ve come to the right place!

This guide is perfect for just about anyone. In fact, you could be a seasoned crypto investor, a new investor to the space, or just someone who wants to learn more. No matter how you got here, this guide is built for you.

I’ve taken topics that are key to learning more about cryptocurrencies and blockchain. Then I’ve combed through every article I’ve written for INO.com over the past few months. Out of that pool of articles, I’ve selected just the right mix that are ideal for the topics you need to know about.

But before we get started, a quick word of caution. If you’re going to invest in cryptocurrencies – and there are good reasons why everyone should own a little – remember that the entire space is risky, highly volatile, and unpredictable. So, if you’re going to take the plunge, don’t devote more than 1% to 2% of your portfolio. And ask yourself if you’d be comfortable losing that 1% to 2% because you just might.

Now, with that out of the way, let’s get to the 2021 Guide to Cryptocurrencies! Continue reading "The 2021 Guide To Cryptocurrencies (Part 1)"

Weekly Stock Market Forecast

This week we have a trading lesson for the week of 8/8/2021 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

This week, there is little to talk about as the market drifts sideways, and we begin the traditional “August doldrums.”

I have been putting myself out there a bit more this year, as I see a new wave of interest in active trading hitting the markets. Usually, these waves create a lot of excitement from newer traders, but then they lose money and quit in frustration.

I love trading so much, and what it has allowed me to do in my life and the time freedom it has given me to work on my passion projects and spend time with my family... I want to help others achieve the same.

Since I didn’t find any high probability opportunities, I’m going to start a lesson series and share with you the information that's CRITICAL for you to understand if you are ever going to survive, much less THRIVE in this business.

So, I’m going to start at the VERY BEGINNING... Continue reading "Weekly Stock Market Forecast"