|Day Low/High||17.07 / 17.83|
|52 Wk Low/High||12.44 / 26.04|
Young day traders have flocked to the market, and they don't know a balance sheet from a ball of yarn.
The S&P has not had a third consecutive red day since late February, so will it this week?
The airlines and cruise companies are falling back down to earth, and here's why they started to take off in the first place.
In my view, we have the seeds of deterioration planted -- here's why.
You buy stocks of secular growers, the ones that have particular engines developed by themselves that allow them to fly into headwinds without a problem.
Many are saying the market is similar to how it was decades ago, but here's a key difference.
I have always felt right or wrong that LUV was better managed than maybe were some other airlines.
Something's very wrong here. I don't know how this can be. But it is happening and it seemingly can't be stopped.
Airline stocks led the rally last week and are still going strong, as market reopening continues and employment data is mixed.
After a brief fling with the biotechs, we find there's a whole lotta love for the overall market.
The good news today isn't being sold but we have to stay vigilant and see if the positive price action continues.
Some stocks have rebounded far more than expected while others appear to be getting back into gear.
The airlines took off as markets continue to be positive in the face of major negative economic headwinds.
Nasdaq had some of the highest volume I've seen at 6.2 million shares -- care to speculate what that tells us?
Let's take stock of who's likely to come out ahead in this winner-take-all marathon.
The market itself may be ignoring the realities of its weakest players.
I know that some funds actually lost their whole year or worse, because they stayed short and were forced to cover these shorts.
Market leadership may be lacking on Thursday despite rising trading volumes, plus an update on Apple, Microsoft, Mastercard, Amazon and Gilead.
As we get ready for the barrage of earnings reports, and especially the seven key ones I outlined earlier, let's run through a quick checklist of what you can expect tomorrow morning: Economic Data Eurozone CPI ECB Decision and Press Conference Week...
Maybe it ends up being a small price to pay to avoid a depression.
More government funding is approved to fight Covid-19 layoffs, Gilead sells off on early reports around China trials and Intel announces earnings.
Beyond energy markets and the potential for ancillary fall-out, the S&P 500, and this may be more important from a technical viewpoint, failed to hold that 50 day SMA.
A look at some names that Robinhood brokerage CEO Tenev tells us young people are buying.
More than 450 quarterly reports are on tap, including 105 S&P 500 constituents.
Are the markets ready for a pause in this dramatic rebound? We are several weeks behind Europe in battling this pandemic and U.S. numbers are far worse. Time will tell.
The Singapore market is improving as the government takes decisive action on Covid-19. If the city can't pull off a recovery, nowhere can.
I fully understand that there will at some point likely have to be a balancing of personal and economic risk. This economy can only be open for business if there is public confidence in 7 areas.
When the central bank is on top of their game as they have been of late, credit must go where credit is due.