|Day Low/High||238.97 / 245.70|
|52 Wk Low/High||170.27 / 327.85|
'The market can remain irrational far longer than you can remain solvent.'
And while today's big driver is Apple , let's check the facts courtesy of FactSet: "Of the 364 companies that have held Q4 earnings calls, 138 cited the term "coronavirus" during the call, and about 25% of those included some impact from the corona...
Two trades I'm making (and one on my radar) as a I stay focused on the price action.
Let's check the charts after this latest Apple news.
While we wait for U.S. equity markets to open, let's take a look at some economic news to be had today across the globe. As you can see, it's not something that will offset the weight of Apple's comments this morning. If anything, it will add to inv...
The bulls are relying on central banks and the belief that the economic impact of the coronavirus will be temporary.
Good morning all! I was hoping that we would start the week of on a bright note, but I'm afraid to say that it's not looking like that will happen at least for U.S. equities. Last Friday, I noted to Trifecta Portfolio subscribers that traders would...
You have to be fluid and dynamic, and get in the head of the sellers of these stocks. And then you have to see what they give you.
In addition to adding to , I have added to my short at $357.11 and to my short at $325.06.
We're back to the same routine where new highs do not build, but rather peter out after a good day.
Samsung packed a number of camera and display innovations into its Galaxy S20 phones, and has seen positive initial reactions for its Galaxy Z Flip foldable phone.
You can sell any stock that's up and take that money to the bank and no one will say, "sorry that was made off of euphoria, we can't take it."
The mattress maker's dismal IPO should discourage other money-losing unicorns from going public and should promote a more disciplined environment.
We play the game in front of us. We try to excel in the environment provided.
At least days like today, when we're told the coronavirus has 'peaked,' show us exactly where the coiled springs really are.
I think the stock is going to see another one of those ugly rip down days soon, so here's how to play it.
With the market extended, Apple (short) is my 'Trade of the Week'. Here is some of my rationale for possible short term weakness: * Apple's appreciation over the last year has been primarily a valuation reset as operating profits have made little pr...
I am stepping up my short exposure on the opening. Shorted at $336.15, and more Apple at $323.50.
This is a statement buy that is changing the shopping mall narrative, and we need to see one in oil and gas next.
The 12-month highs to lows is unimpressive as small caps are still lagging and big cap stocks like Microsoft, Amazon and Apple lead.
A slew of smartphone makers, contract manufacturers and chip suppliers appear to be affected by the outbreak.
And it's called the coronavirus, which is throwing uncertainty into how to trade -- or not -- this name.
If the virus spreads and the shutdown continues, then that time frame will lengthen to at least two quarters.
* I have learned a lot by looking back at my mentor, "The Chief's" investment observations and successes * In a world starved for earnings growth I am back in Google and Amazon - that's where "The Chief " would be * The next Tesla might be Amazon or...
The PBOC is taking measures to make sure the economy is insulated from any long-lasting effects from the virus slowdown. But how much ammunition does China really have?
Some short-term traders may be sellers of Apple based on its charts, but it is hard to make the technical case for a meaningful correction or pullback.
* But... "It's a beautiful day in this neighborhood A beautiful day for a neighbor Would you be mine? Could you be mine?" - Fred Rogers, Won't You Be My Neighbor? Mid last week I raised my net short exposure to medium-sized. (I further reduced some ...
The market's resilience in the face of such an ugly threat has many market players trying to find ways to reconcile the movement with the news flow.
We have to wonder which will change first.
Shares of mobile infrastructure companies Ericsson and Nokia are catching a bid this morning for a different reason tied to 5G than you might initially think. Yes, so far this earnings season we've received a number of comments that point to the 5G ...