Granite Wealth Management

Granite Wealth in the News: Zaro Talks Fed Policy with Reuters

U.S. Markets Fed’s Powell touts progress on inflation By Reuters July 15, 202412:19 PM PDT July 15 (Reuters) – Federal Reserve Chair Jerome Powell said on Monday the three U.S. inflation readings over the second quarter of this year do “add somewhat to confidence” that the pace of price increases is returning to the Fed’s

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A rocket taking off.

After the Blastoff in Corning (GLW), Are its Shares Still a Worthwhile AI Play?

Younger investors may not realize that Corning (NYSE: GLW) has long been at the forefront of materials science innovation. With a history rich in creating glass and ceramics that transform industries, Corning is now making significant strides with optical components, primarily driven by the burgeoning field of Artificial Intelligence (AI). *Note: we hold GLW shares

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Granite Wealth in the News: Bruce Zaro Talks Markets with Reuters

NEW YORK/LONDON, July 8 (Reuters) – MSCI’S global equities gauge barely gained ground on Monday, while the benchmark U.S. Treasury yield ticked up as investors awaited testimony from Federal Reserve Chair Jerome Powell, key inflation data and the corporate earnings season kick-off. In foreign exchange markets, the euro lost ground after earlier hitting a multi-week

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Nvidia is an Amazing Company but Caution with its Shares is Warranted

We’re hearing a lot of warnings about Nvidia’s stock price lately (NVDA), how it’s an amazing company that is also as overbought as Cisco (CSCO), another great company that had an all-time CEO, was at the top of the internet bust in 2000. (Disclosure: we own NVDA shares personally and on behalf of clients) Clients

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GW in the News: Bruce Zaro Discusses Nvidia with Bloomberg

By Jeran Wittenstein and Ryan Vlastelica Nvidia Corp.’s three-day, $430 billion selloff has traders turning to technical analysis for clues on where the bottom may be. “For a stock in an uptrend like Nvidia, breaching that first level of support wouldn’t be a concern,” said Bruce Zaro, chief technical strategist at Granite Wealth Management. A

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D-Day

  John P Zaro June 6th, 1917 – December 11,1983 My father was part of the Greatest Generation. He was a merchant marine, shuttling troops and material across the Chanel to the Normandie beaches in defenseless merchant ships. He was 27 on the day, his birthday. This was the same age I got into the

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