|Day Low/High||217.02 / 220.79|
|52 Wk Low/High||142.00 / 233.47|
Steadily, the once-revered markets of Brazil, Russia, India and China have become hazardous places to do business.
The Chinese government has now demonstrated an ability to control the S&P 500, even at the risk of Chinese domestic capital flight.
I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." --Walter Deemer "When the time comes to sell, y...
In July, the RMPIA climbed 0.6%, bringing its year-to-date return to just over 21%.
The uptrend that technicians would have confirmed as late as last Wednesday, or even Thursday around mid-day, is now clearly a market in correction.
And why they should not have been broken.
Despite a plethora of price target upgrades, Apple is now down by -$30 from its post earnings euphoria.
Remember we are a domestic, service economy, not a big exporter, so it's not all that hard to find good stocks.
In pre-market trading I have: * Covered my Apple short rental at $198 * Covered half of my very large (at $288.10) and ( at $183.40) shorts - moving to medium-sized. As is typical of the approach I am trading around positions - with the thoughts tha...
These stocks and sectors are safe havens, and may even be opportunities.
The trick is to look at your portfolio as a single asset and to manage your holdings in a way that keeps that portfolio near its highs.
Berkshire is so large and diversified that its prospects are tied to the economy as a whole, with the added benefit of being a defensive play in case of a market downturn.
I like all of these, but one stands out today for a 'recovery' trade.
As you know by now I almost always trade around positions. I am doing this now in Apple , which is down by another -$5.50 today. I moved from medium-sized to small-sized at $203 (they peaked two days ago at $220/share). I plan to up my Apple short i...
Samsung and Western Digital both suggest memory demand is improving following a very rough first half of the year. And Lam Research's outlook suggests industry supply growth is falling sharply.
I am taking off half of my Apple short at $207.10. I averaged up yesterday and plan to re-short on strength. I commented on the quarter earlier and on my recent trading earlier today. Now medium-sized in this short.
I added to my Apple short on yesterday's gap in the morning. I listened to the universally upbeat commentary post quarter and read the research reports but I am still not sure what the hoopla is about. Once again iPhone missed, services missed...and...
Apple is on the verge of offering new products that could diversify its revenue stream even further.
The market has qualms about Qualcomm's ability to carry shares higher.
The market's biggest problem right now is a lack of catalysts.
The issue now is whether this selling is going to gain some traction.
As the Fed press conference drones on with nothing new being shared, let's turn our gaze to what we'll be facing after the close -- more earnings! A quick scan says we have roughly 135 reports coming at us in just over one hour's time. In terms of t...
Blaming China woes for the slip, some advise growth ahead for Advanced Micro Devices.
Most traders are impatiently waiting for the Federal Open Market Committee's decision at 2 pm ET.
Spotify shares are falling today following a miss for subscriber expectations: Monthly active users for the June quarter came in at 232 million versus the 242 million expected, while the number of premium subscribers grew 30% year over year to hit...
Understand that the expected Fed rate cut today is not about recent economic performance in the least.
Conditions are good for a 'sell the news' reaction, but with the Fed, it is never simple.
Morning folks, I'm back in the saddle today and it's one that before it's all over will see more than 230 companies report their earnings and let's not forget about the ones, like Apple , that reported last night that will have an impact on today's...