|Day Low/High||1,771.91 / 1,786.22|
|52 Wk Low/High||1,307.00 / 2,035.80|
* The recent reduction in my social media stock exposure reflects the likely continued acceleration in attacks (legal, legislative and regulatory) on these companies as we approach the November 2020 election * The perception among investors of a mor...
Plus, a glance at news about Disney+, Boeing's 737 Max and Alphabet's "Project Nightingale."
Google's Project Nightingale exemplifies the headline risk facing big-cap tech names.
Everywhere I go I hear the smart money is betting on a recession, that earnings will be down, but every day something contradicts these bears.
Another day in which the market bent a bit but didn't break: * At 3:30 p.m. market breadth is moderately negative (1,288 advancers, 1,677 decliners). * Bonds were virtually unchanged after the schmeissing last week. * Gold -$5/oz and crude oil -$0.3...
The Chinese e-commerce giant crushes even Amazon Prime Day, but it still needs some political wins to get where it wants to go; here's how to play the stock now.
A reminder that I recently: * (Reluctantly) pared back my very large positions in Citigroup , Bank of America and Wells Fargo to medium in size * Eliminated Facebook * Reduced from very large to medium in size in Alphabet and Amazon
* The market's highs were made early and the low was made late - demonstrating some exhaustion. * Breadth steadily decayed as the day progressed (At 3:30 pm 1330 advancers, 1630 decliners) See Bob Farrell's remarks on breadth! * The key feature of t...
With near-term expectations high, a disappointing Q4 sales outlook is overshadowing Roku's strong account and usage growth figures.
I'm all in favor of mergers and acquisitions -- the more we get, the higher the stock market goes -- but I am not in favor of making conclusions based on tips about deals.
With the help of a swelling R&D budget, Microsoft has been investing a lot lately in offerings that connect or integrate key products and services.
The RMPIA's 3.8% jump even beat the Nasdaq Composite Index's 3.7% October climb.
As the indexes touch all-time highs, remember the challenges thrown at us lately are typical of what bull markets thrive on.
Banks are standouts today along with the Bobbsey Twins, Alphabet and Amazon . I continue of the view that the large money center banks provide the single best reward v. risk opportunity of any S&P sector over the intermediate term - in an overvalue...
If you are looking for the pain in this exuberant market it is in the names classified as technology plays with market caps between $5 billion and $100 billion.
Throw away the economics textbooks, they are not working.
Making money in the market is much more a function of trade management than market prediction.
The market is throwing a Halloween sale right now that it doesn't need to throw, and that's an opportunity.
Market breadth has reversed recent strength - at 2-1 negative. Former market leaders (e.g., Amazon Alphabet , and the banks) are struggling - and I wouldn't be surprised to see more near term weakness. If we see another day or two of this momentum...
Traders can learn from watching, as well as doing, and with the FOMC meeting landing, now's best time to practice the former.
This is one name that I would not write puts on even though the premiums are attractive.
Visa is playing a big role in the shift to digital shopping -- of all sorts -- and dividend-seeking investors should take heed.
Despite the rhetoric from on high, it is possible to find good stock picks in this market.
The indexes stayed in a narrow range for most of Monday, without any major chasing as some big earnings reports are landing, such as Alphabet's.
The value of Microsoft's JEDI Win goes beyond its direct financial impact.
The stocks of many companies anticipated a more stringent series of tariffs and we didn't get them.
* The next 6-9 months could be challenging for Amazon and Google - with upside/downside generally in balance * After the 2020 election the two stocks could move much higher over the next few years After the cloud business loss (government contract) ...