Delta — Week of March 14, 2026
Market Overview
As of March 13, 2026, the S&P 500 closed at 6,632.19, declining by 0.61% from the previous day, while the Nasdaq Composite closed at 22,105.36, reflecting a bearish trend. The inflation rate remains stable at 2.4%, and the Federal Reserve's interest rates are around 3.66% for one-year instruments, indicating a cautious economic environment. Market sentiment appears to be bearish, influenced by ongoing economic uncertainties and sector performances.
Long Picks
NVIDIA Corporation NVDA
Technical Setup
NVDA shows a bullish technical setup with the 50-day moving average ($185.1) above the 200-day moving average ($183.8), indicating a 'golden cross' formation. RSI at 43.88 suggests neutral to slightly oversold conditions, potentially setting up for a bounce.
Fundamental Driver
NVIDIA dominates the AI chip market with projected Q4 fiscal 2026 revenues of $65 billion (+/-2%), representing remarkable growth from AI adoption.
Analyst Detail
NVIDIA remains the undisputed leader in AI infrastructure with multiple growth catalysts: 1) Continued strong demand for data center GPUs as AI adoption accelerates across enterprises, 2) Expanding product portfolio including Blackwell architecture, 3) Strong guidance with Q4 revenue projections of $65 billion, 4) Significant shareholder returns through buybacks and dividends. The stock's current valuation presents an attractive entry point given the massive TAM in AI infrastructure.
Salesforce, Inc. CRM
Technical Setup
CRM shows improving technical momentum with the stock advancing for three consecutive days, a bullish sign. The MACD indicator shows positive momentum at 2.4.
Fundamental Driver
Salesforce delivered record Q4 fiscal 2026 results with $41.5 billion in annual revenue (up 10% YoY). The company announced a massive $50 billion buyback program.
Analyst Detail
Salesforce presents a compelling investment opportunity with multiple catalysts: 1) Massive $50 billion buyback program providing significant support for the stock, 2) Strong Q4 results with 10% revenue growth, 3) Continued leadership in CRM and expanding AI capabilities through Einstein AI. The company's guidance for FY27 suggests continued steady growth despite macroeconomic concerns.
Advanced Micro Devices, Inc. AMD
Technical Setup
AMD exhibits neutral-to-bullish bias with positive momentum indicators. Recent price action shows consolidation after a pullback.
Fundamental Driver
AMD projects Q1 2026 revenue of $9.5-$10.1 billion, ahead of Wall Street expectations.
Analyst Detail
AMD offers compelling growth potential with several catalysts: 1) Expanding AI chip portfolio, 2) Strong Q1 2026 revenue guidance exceeding expectations, 3) Continued market share gains in data center CPUs and GPUs. The company's MI300 series chips are gaining adoption in AI training and inference markets.
Short Picks
S&P Global Inc. SPGI
Technical Setup
Bearish trend with death cross (50-day MA below 200-day MA), RSI at 36.49 indicating bearish momentum.
Fundamental Driver
2026 EPS guidance miss and high valuation concerns amid economic uncertainty.
Analyst Detail
S&P Global faces multiple headwinds including disappointing 2026 guidance that missed analyst expectations, slowing growth in core businesses, and technical breakdown. The stock presents a compelling short opportunity with downside potential to $371.03.
United Airlines Holdings Inc. UAL
Technical Setup
Stock facing significant pressure from rising fuel costs and bearish sector sentiment.
Fundamental Driver
Severely impacted by oil price surge, exposing profitability challenges.
Analyst Detail
United Airlines is highly vulnerable to the current oil price crisis, with jet fuel prices severely impacting profitability. Major carriers have seen significant stock drops, with the firm being one of the most at-risk from higher jet fuel prices.
Intel Corporation INTC
Technical Setup
Stock has dropped over 30% in less than 2 months on 3 different occasions historically.
Fundamental Driver
Overvalued by 33% according to analysis, facing competitive challenges.
Analyst Detail
Intel faces significant competitive headwinds in the semiconductor space, with the stock overvalued and a history of dramatic declines. Predictions suggest the stock may drop below $40 due to intensified competition.