|Day Low/High||171.38 / 173.00|
|52 Wk Low/High||142.00 / 233.47|
It sure felt like that after listening to Citigroup's robust conference call this morning.
Citigroup bats lead-off for the banks, who as a group will bat lead-off for the entire sphere of public equities.
The market is extended and can use some consolidation, but the big question is how quickly the indices will find support.
Rather than cheering the start of a new bull market, perhaps we should see this rally as a much-needed 'oversold' bounce.
Where are we headed in 2019? The independent research firm's equity analysts offer their prognostications for the year.
JPMorgan Chase, Wells Fargo and Netflix are just some of the companies reporting next week.
If Barra is willing to be as bold with the company's balance sheet as with its corporate strategy, GM shares could be the ultimate value play.
* The fundamentals are bad and getting worse * Expectations remain far too optimistic * Reward v. risk no longer attractive * S&P cash stands at 2590 against a "fair market value" of 2400-2500 Even before Fed Chair Powell delivered his more dovish m...
I am not changing my stance that if you want to see real movement out of China you need to focus on aerospace, American Express and Apple.
Good excuses for selling are being outweighed by a 'fear of missing out' and a short squeeze.
How did we get from a rolling bear market to a rolling bull market so quickly?
We are going to have to differentiate retail and recognize that Wall Street tolerates nothing disappointing.
This week I sold Amazon - after the shares rose by nearly $300 since my purchase in late December. (The stock remains on my Best Ideas List.) Yesterday it was announced that Jeff Bezos and his wife are getting divorced. While Apple survived and has ...
There is a lot of Apple news to chew on Wednesday.
CEO Tim Cook is touting the nascent segment as Apple's true legacy.
The risk is particularly outsized given China represented almost 20% of total revenue for the company in 2018.
As much as Apple CEO Tim Cook highlights the shift to services, the segment is not without issues.
Cook's appearance with Jim Cramer on "Mad Money" is helping Apple's shares maintain recent gains that followed a sharp decline.
Has the sun set on what was the greatest wealth creator of any company when the stock traded north of a trillion dollars? No.
Let's look at some new charts and see if the worst is over.
It would be much easier to trade if the market consolidated its recent big gains, but if it was easy it wouldn't be so potentially lucrative.
A pullback would shake out weak hands and make some of the charts better.
It's time to reconsider Facebook, Apple, Amazon, Netflix and Alphabet/Google in the New Year.
The RMPIA index was up for the year, while the S&P 500, DJIA, Russell 2000 and Nasdaq all finished 2018 in the red.
JNJ's current pennant pattern creates the potential for a big move in the month of January.
Expect a very strong market open, propelled by a squeeze of overly anticipatory bears and shorts. Watch for 'sell the news' conditions.
Apple has not provided a clear pathway for a growth story that will rival the iPhone in terms of success.