|Day Low/High||363.64 / 370.47|
|52 Wk Low/High||192.58 / 372.38|
There are stocks for people who believe we're roaring back, those who are hiding out from the virus, and those fearing gloom and doom. But here are the ones I'd give a workout.
This list is not a buy list but a list of stocks that have been brought to new heights.
* But looking to get back short given my numerous concerns With my current book including bank and packaged foods longs and short a basket of speculative "worthless" stocks, short and and long very small -- I am still in a small net long exposure to...
Is cash still king? Hard to say for sure. Do investors need to be diversified? Yes.
So far it has been a mistake to underestimate the tenacity of the underlying support.
Another reason I increased my Apple short on Thursday was that on the rebalance there is about 11 million shares of Apple for sale (market on close). Here are some of the largest notional changes from the rebalance at the close: Ticker Company E...
* After "playing" the rally off of the March lows (with plenty of longs) I have recently (again) gotten net short of exposure To summarize some my recent activity: * I took off numerous investment longs (for profits) into the rally -- including , , ...
Plus, "smart rings" for detecting Covid-19 and quick looks at Salesforce.com and Zscaler.
* I kid you not! As W.D. Gann wrote, time points to price, price points to time. Time and price balance out or square-out at important turning points. According to Gann's technicals, if Apple makes a nominal high above $355 that reverses lower - it ...
If the target is set for $400, the answer is no, though there is no immediate reason to raise the target above that level.
Confused by Wednesday's late-day trading action? Some on Wall Street who were too.
Fed Chair Jerome Powell just does not sound all that confident in the U.S. economy.
Marty Zweig's dictums: 'Don't fight the Fed and don't fight the tape.'
* An ideal short selling entry point lies ahead There was an over reaction - that continues this morning in the futures market - to the Fed's purchase of corporate bonds which was previously explicitly announced. There was no new money announced, ju...
My current gross and net exposure is light. On the long side, I own four money center banks and three packaged foods stocks. On the short side, I remain short and , and have very small short positions in and . In addition, I am short a basket of abo...
AWS, Google Search and Nvidia each show how a market leader's unmatched R&D budget can make it tough to dislodge.
That's the really good news about why we could bounce back so quickly from Thursday's debacle.
Hong Kong will have its own tech quartet as of next Thursday; Asian shares don't have the same euphoria as U.S. stocks (yet), and that's a good thing.
There is a risk-off theme to the market as news comes in of rising Covid-19 cases in some states, while the Fed has been a ray of light during this crisis.
The Fed couldn't have been more dovish but it's providing a convenient excuse for some 'sell the news' action.
With more ways to differentiate processors, chip markets are fragmenting and R&D activity is growing.
As the Fed updated and money rotated into growth names, the Dow was down and the Nasdaq up -- and neither bears nor bulls got any real clarity.
Something feels "wrong" about this market. Mr. Market is remarkably bifurcated, there is insane speculation in worthless securities and the breadth seems "shaky" -- among many other issues. I ended the day much shorter than I started the day. Jay P...
If you believe in a 'V' recovery, it becomes hard to like what's been going on for two days.
This is a very mixed market right now and the major indices are doing a poor job of reflecting what is really going on.
As the OECD builds second-wave pandemic modeling into its economic forecasts, small-cap action has been frothy and the market awaits Fed Chair Jerome Powell's press conference.
The 'don't fight the Fed' Bulls are going head-to-head with the 'sell the news' bears.