|Day Low/High||312.19 / 318.40|
|52 Wk Low/High||153.66 / 323.33|
The best way to think about this market is to embrace the idea that it is not logical and levelheaded.
The NYSE used to be the center of capitalism, but now it's where actual engineering, not financial engineering, is taking place.
Chip suppliers and others are benefiting as smartphone camera counts rise and camera penetration rates grow in other markets.
What if a stock is being propelled by actual events or changes?
Every year I provide some also eligible surprises (or also-rans as Byron Wien calls them) - events that didn't make My Top 15 Surprises (but were close to making the list!). Here are my six runners-up Surprises: 1. Netanyahu wins his fourth term. 2....
* In 2019 equities rose far faster and interest rates fell sharper than the consensus expected * 2020 could be a year of out-of-the-VIX thinking and mean reversion in valuations/stock prices as profits, politics, geopolitical events and other uncert...
My approach to this sort of action is to forget the indices and focus on managing your individual positions.
Better-than-expected 2019 iPhone sales, booming wearables franchises and new services launches all gave Apple a lift in 2019. Changing investor perceptions of the company also seem to have helped.
Regular readers of my Diary know I sometimes post things that replicate the theme of the "Tell Me Something I Don't Know" segment on MSNBC's "Hardball with Chris Matthews." So ... "Tell me something I don't know, Dougie." Today Apple hit an all-time...
It is highly unlikely that the indices are going to roll over and go straight down from here.
I am not selling any more Apple based on my price targets. I will sell more Apple when the chart turns.
* Same old, same old! With S&P futures +10 handles in premarket trading and Apple again gapping higher (+$2.15/share), it's Ground Hog Day. The Bulls say its the Fed, stupid, as the Bears wait for a "Minsky Moment." As for me, I am leaving the offic...
Several Fed officials spoke on Thursday. The most important comments for folks to focus upon were made by Fed Vice Chair Richard Clarida. By far.
What feeds this force and how -- and when is it good vs. suspect?
These names are well-positioned to benefit from the changing media landscape.
A reversal will come, for sure, but there's just no way to time it with any degree of precision.
Iran tension is not the market-turning catalyst one might have expected.
For the second straight year, Alexa and Google Assistant both have high profiles at CES, as Amazon and Google show off a slew of new features and partnerships.
Let's dissect these two concepts that explain why we're rallying like we are now.
I have moved from small-sized to medium-sized in both and . That was fast! Will move back to large-sized on any rally.
As suggested in "Night Moves," I am reshorting Spyders and Apple on the reversal. Shorting SPY at $323.60, and AAPL at $298.90 - both with a working scale higher.
* This pajama trader was active last evening! * At the lows DJIA futures were -400 and S&P futures were -50 * I covered a portion of my Apple and Spyder shorts in that panic * I plan to reshort these positions on the reversal higher this morning "Wo...
Analysts from the independent research firm review their picks from last year and share their new favorites.
Not the greatest of closes (for Apple or the broad market) -- but after such a strong advance we shouldn't be surprised or disappointed: * Market breadth closed at negative 300 issues net decliners. * FANG traded plus or minus from unchanged -- depe...
I am simply respectful of the power of hope melded with the strength of so many parts of technology and I want to buy, not sell, these stocks when they get hammered.
* Putting my money where my mouth and pen are! In keeping with this morning's opener, "Stocks Grow Expensive as the Market Ignores Geopolitical Risks ", I have further increased my outsized net short exposure this morning: * In pre-market trading I ...
The market seems to be collectively whistling past the threat of an Iran strike -- here's what's probably going on.