Why we aren’t selling META (Facebook) but exited Apple (AAPL) February 2024 Investing Letter
How to avoid a destructive “take profits now” mentality.
February 2, 2024
No Comments
How to avoid a destructive “take profits now” mentality.
Stocks start 2024 at the same level they started 2022. Does that mean Wall Street’s outlook for companies is unchanged? Perhaps it is odd to
Stocks gain 6% in November despite scary bond yields and 19% YTD in defiance of the “recession consensus.” Why has 2023 been so good for
Stocks Drop 5% from July Peak. Trip to China. Face-PLNT or Opportunity? Markets have been in valuation contraction mode since the July peak. Including the
“What helps Nike to be relevant more broadly is how many different consumer segments they touch,” said John Zolidis, founder of consumer-focused investment adviser Quo Vadis Capital. It’s not a high-end business and it’s not a low-end business, so “it’s a pretty good indicator of what’s happening out there.”
Behind the Shiny Objects and Gloss, the View is Less Wonderful US markets have geared themselves to decelerating inflation, relatively stable economic figures and a fascination with
Most thought there would be a 2023 recession. Then stocks rebounded 30% from lows. In January I remarked on a unique event in the financial
This is Zack Fuss, an investor at Irenic Capital, and today we’re breaking down Lululemon Athletica. The Canadian company, founded by Chip Wilson in 1998,
That, and an uptick in shoplifting, has John Zolidis, founder of consumer-focused investment adviser Quo Vadis Capital, bracing for choppy performance in retail stocks over the coming months.
“It’s a lot easier to see the bearish scenario coming to pass,” he said. “The consumer has been stronger than expected so far, so it could continue, but the environment’s working against that outcome.”