|Day Low/High||202.34 / 204.94|
|52 Wk Low/High||142.00 / 233.47|
Yes, the yield curve inverted, but it is NOT the same as in years past.
Some time later on Friday it is expected that Italy will break ranks with the G-7, the EU, NATO, and sign a Belt and Road Initiative Memorandum of Understanding with China.
The market may be due for some consolidation at this point, but don't read too much into it.
The best stocks to buy in this environment are the ones that have the greatest growth.
Eclectic leadership is not the kind of leadership I can bank on.
AAPL has busted though its 200-day moving average.
The bears will have to go back to hoping and whining about the Fed.
Apple products and services are ubiquitous and indispensable, and that is far more important than splashy tech marvels.
The new AirPods feature the same $159 starting price as their predecessor, and the new iPad Air is $150 cheaper than the now-discontinued 10.5-inch iPad Pro.
The impact of Alphabet's angle into streaming is important for investors on either side of the initiative.
Another pressing concern for FedEx is the margin compression in its U.S. business.
We have moved basically to flat breadth over the last hour. Some other cautionary near term signposts include: * Weakness in transports and the Russell Index. * Apple still red. * Banks well off the early morning highs. * Large cap tech at day's low...
I think sometimes the best way to parse the temperament is to go over the most obviously 'wrong' moves and address why they might not be wrong at all.
The 14 day RSI in SPX is at 70 and 72 for NDX (highest since August). 14 day RSI for Apple is at 78 and 88 for 7 day. VIX breaking below 13: From Neil the Real Deal: Neil S Starting to get a little frothy... DSI for SPX 90 Naz 90
This stock has been a beautiful performer, but right now it is overvalued.
There are plenty of good arguments against this market but they aren't working, so I'm staying on the long side.
Of course everything is not all gummy bears and sunflowers. I am an old fashioned balance sheet kind of investor.
In a market full of noise it pays to focus on individual fundamentals. One of my favorite phrases is 'cash flow never lies.'
In this day and age, companies must be 'disruptors' or get left in the dust.
This is hope, not fact -- don't pay more for the same old thing.
Amazon is pushing some of its suppliers to sell goods directly via its marketplace, and reportedly plans a policy change that's likely to go over well with many e-commerce startups.
Trying to predict what the indices are going to do on a day-to-day basis isn't yielding very good returns.
Strength in Apple and other FANG names are pluses, as are pockets of action in gold mining, cannabis, biotechnology and shipping.
Consolidation is driving growth in the semis, but tech-led strength is never a bad thing.