Apple Inc. (NasdaqGS:AAPL) reported dazzling earnings yet again, shooting the stock back into the $160-$163 range. This is the highest the stock’s climbed since the brutal volatility of October 2018, and our Shah Gilani agrees with many Apple spectators – this stock is definitely a buy right now.
On this week’s episode of Varney & Co., Shah Gilani and the panel of experts discuss the latest on Facebook Inc. (NasdaqGS:FB). Though the company allegedly paid teens to install an app that could collect information – but, as Shah says, the people involved knew what they were signing up for, so he doesn’t see this as something that will affect the stock. Later, with the cold front already striking multiple cities across the U.S., the experts debate on what this frigid weather could do to one sector’s impending earnings… Click here to watch.
The most important thing for the market right now is China – and without a note of some resolution, Shah Gilani says that the President needs to do something to push the market higher. If we get a deal with China, the market could set the stage for a further rally. But if nothing happens, a big tank could be ahead.
On this week’s episode of Varney & Co., the hot question of the hour is what’s more important right now – earnings or China? Easily, according to Shah Gilani, it’s China, because if no resolution comes, these tariffs could morph into a full-fledged trade war, which is exactly what the market doesn’t need right now. Later, the panel of experts talk Tesla Inc. (NasdaqGS:TSLA). The company plans to raise the price of its electric vehicles, which Shah declares is a terrible move – but, he mentions, could present a good shorting opportunity if TSLA stock drops lower… Click here to watch.
Despite a rough end to 2018, we’re off to a good start in the New Year. If earnings come out positively, that will be a boost in the right direction for stocks. Though, says Shah Gilani, we are at critical levels right now on the major indexes, if the Dow stays above 24,000 and the NASDAQ stays above 7,000, he’s all in.
On this episode of Varney & Co., host Stuart Varney, Shah Gilani, and the panel of experts discuss how the incredible defeat of Prime Minister Theresa May’s Brexit deal will affect the U.S. It’s a “non-event” to us, Shah says, and if there is a hard Brexit, he believes that the U.S. market, which is the strongest market in the world, will soar higher as money moves over here. Then, later, the experts discuss the fate of social media favorite Snap Inc. (NasdaqGS:SNAP) as its Chief Financial Officer, Tim Stone, leaves the company (and $19 million) after just eight months. What does this mean for Snap and its users? It may not be good news… Click here to watch.
The shifting sands of 2018 turned Shah Gilani from a “raging” bull to one of a more cautious variety. But now, a week and a half into the New Year, it’s plain to see that the market wants to go up. According to Shah, we’re in the preliminary stages of a melt-up, but we aren’t out of the woods yet…
On this week’s episode of Varney & Co., the panel of experts discusses what earnings could bring. The market, which is jittery at best as we enter earnings season, desperately wants to see strong earnings, and if things go south, the market will undoubtedly take it on the chin. And before Shah is even comfortable with jumping back into the market, the Dow must reach one specific level… Click here to watch.
We’re seeing a slight big tech rebound this morning, following yesterday’s big losses. However, the day is still young, and Shah Gilani says he’d like to see the Dow up at least a few hundred points before feeling optimistic.
On this episode of Varney & Co., host Stuart Varney asks Shah what he thinks of the FAANG stocks right now, namely Apple Inc. (NasdaqGS:AAPL), the culprit that’s leading the market sharply lower. Teetering around $179, the stock is certainly in bear market territory – well on its way to becoming an ideal buy.
Then, Stuart asks Shah if there are any stocks in one hot button sector that Shah would buy right now, and Shah answers with a vehement, “No.” See if you can spot where he drops this statement… Click here to watch.
In a bear market such as what we’ve been experiencing for the past few weeks, it’s hard to justify buying into tech stocks. Even the biggest and baddest of them all – like first-ever $1 trillion company Apple Inc. (NasdaqGS:AAPL), which slipped below $200 a share – are feeling the heat.
On the latest episode of Varney & Co., Starbucks Corp. (NasdaqGS:SBUX) has announced that it’s laying off 5% of its global workforce in reflection of its steadily slowing sales. Shah Gilani said he’s never been impressed with the company, and that he’d short the stock – because it definitely go lower from here. Speaking of stocks that could drop lower, another Tesla Inc. (NasdaqGS:TSLA) executive has left the company. This could leave the already-wobbly company in a vulnerable state. Do you think that this could send the company’s stock lower? Click here to watch.
While we were looking for an already-steep S&P 500 earnings at 22%, it knocked it out of the park with a staggering 29%. Could this be an early sign of a rally before the end of the year? The Varney & Co. panel of financial experts are feeling what we can call “cautiously optimistic” about the outcome.
Then, the experts talk the low cost of oil, and Shah Gilani says that he thinks it has temporarily bottomed out, with some talks coming out of OPEC and Iran. We all may be enjoying some lower gas prices, but if oil production gets cut, that could mean trouble. Later, General Electric (NYSE:GE) is down to a measly $8 a share, but Shah says that this is no time for a long-term buy and hold. The company is drowning in their debt, and it’s only a matter of time before we can add GE’s name to list of companies we’ve watched sink to the bottom… Click here to learn more.
It never ends with Facebook Inc. (NasdaqGS:FB). The company just escaped the frying pan, and now it’s in the fire. Just this week, the company admitted that it failed to prevent its platform from being used to incite political violence in Myanmar. Despite its stock opening up higher this morning, along with the other FAANG stocks, Facebook has quite the uphill battle to prove it can combat all of these negative incidents.
On this episode of Varney & Co., Shah Gilani changes his usual bullish tune, admitting that he does not believe the market will close higher at the end of the year than where it stands today. He goes on to say that, now that elections are over, with the Democrats pushing against the Republicans, the market may not react positively. Then, Shah explains that he sees a lot of volatility in our future, so hold onto your hats… Click here to watch…
Investors have been buzzing for weeks about what will happen to the market once the midterm elections are said and done. Fortunately, you have a panel of financial all-stars – including our very own Shah Gilani – at your disposal.
On this episode of Varney & Co., Shah shares what he believes will happen to the Dow on Wednesday, and the other experts weigh in. Then, Amazon.com Inc. (NasdaqGS:AMZN) recently announced their plan to let all customers have access to free shipping, which Shah says seals the company’s place as a “loss leader” for the holiday season. Next, Apple Inc. (NasdaqGS:AAPL) suffered greatly over the past few trading days, and Shah divulges at which levels he would recommending buying the stock. Later, the experts talk about the tech titans that the President could be looking at for possible antitrust violations.Click here to watch…
Today marks the last day of the October 2018, the month that saw the worst market conditions since 2012. The Dow tumbled nearly 1,000 points halfway through the month, and despite overall positive earnings, stocks were hammered again and again. But finally, things seem to be settling down… That is, until mid-term elections.
On the latest installment of Varney & Co., Shah Gilani, despite remaining bullish throughout this “Red October,” says that there’s still a lot of nervousness that the market has yet to recover from. But, as always, situations like these that present investors with ideal buying opportunities – now’s the time to bargain hunt. Then, later on the show, Shah reveals which tech stock he’s ready to get back into, despite its controversy. Click here to watch…