|Day Low/High||368.75 / 378.34|
|52 Wk Low/High||249.10 / 386.75|
This recent oil price surge in price is not over, and not priced in. Here is how I am playing it.
At least those among you who still choose to take a flyer on Boeing will do so better informed.
Dick's can teach you more about what's happening in the overall market than anything else I saw today.
The growth has been there, and is expected to be there. We're not paying for the fundamentals.
What I noticed most about Q4 GDP was the increase in business investment.
The RMPIA rose 10.5% during the first half of the current quarter.
These firms offer complex hardware and software solutions that empower the modern-day corporation.
There's going to be a storm of deals and the market will not be able to handle it without taking the whole table lower.
Here's why these companies do well in a choppy environment.
The glass maker is seeing strong optical fiber demand from telcos and data center owners, and is even growing its Gorilla Glass sales in the face of a weak smartphone market.
This is some sort of whacky, crazy bull market that just doesn't want to go down.
What happened today is a recognition by money managers that they are paying too much for the drug and food stocks and too little for the building block techs.
This shutdown is starting to feel different from those that we have experienced in the past, is it not?
The RMPIA index was up for the year, while the S&P 500, DJIA, Russell 2000 and Nasdaq all finished 2018 in the red.
Whether this is the end of the slump is still up for debate, but the crash since October has been brutal and all bear markets end the same way.
The Fed now appears to me, to be if not in the 'policy error' zone than very close to it. Perhaps the Treasury Secretary sees this as well.
Buoying RMPIA during the first half of December were shares of Broadcom, Facebook and PayPal.
As the market has encountered a bit of volatility and tech stocks began to falter overall, many cloud companies have outpaced the market on the way down.
Unimpressed Equity markets headed lower as the regular Friday trading session extended into it's second and third hours. The way down has been led, not by Adobe , not by Costco , but by Johnson & Johnson . I have been known to make limited attempts ...
Let's take a technical look at the shares and come up with a trading strategy.
With the growth drivers available for Adobe, the recent downturn in shares is only more enticing to many following the stock.
The pricey acquisitions of Marketo and Magento become an easy scapegoat for the stock's slide on Friday.
As Draghi pulls the rug out from under continued expansion of money supply, he will have to sound very dovish in doing so.