Stock Talk With CK

      This week was by far the busiest week for earnings. With half of the magnificent seven reporting earnings this week, a lot of stock market moves was dictated on their performance. Stocks continue to tumble as we face a lot of economic uncertainty. It may be a factor of starting to price in the economic downturn that may come upon us over the first half of next year. Surprisingly strong GDP numbers show that the economy is strong and the bad news is that interest rates may stay higher for longer. I expect GDP to not grow as strong as it did this quarter (Q3), in Q4, as we have factors from geopolitical and student loan resumption starting to come in effect. Overall, earnings were not too shabby, in fact it seems companies are starting to return to pre-pandemic ways. I am going to keep it pretty brief when it comes to the companies because there are a lot to get to.  Tuesday, October 24, 2023 General Motors Company (GM)-     General Motors beat on both the top and bottom line in co

      Well earnings season is finally among us, so we will start producing more beefier blog posts and cover a lot more companies over these next few weeks. I had one company report last week that I decided to throw into this weeks post, because I felt that it was pointless to make a post with just one boring company. With the inclusion of that company, we will cover 7 companies that report earnings this week and will give your our thoughts and opinions on how they performed during the quarter and the outlook. There is a lot of controversy going on with a war breaking out in Israel and the House of Representatives with out a speaker. This year seems to be the year of how geopolitics affect the market. There seems to be a lot of confusion with the outlook of the market right now, but inflation numbers still look to be fair and the earnings of major companies will be able to tell us a little bit more about where this is headed.  Thursday, October 12, 2023 Walgreens Boots Alliance (WBA)-