|Day Low/High||3,183.00 / 3,228.86|
|52 Wk Low/High||2,330.00 / 3,554.00|
The stock is investible as long as the investor understands that there's clearly an element of speculation to making that choice.
Let's look at the companies that can go up, and the ones that can't.
Among other things, results revealed that quite a few firms are now facing a higher bar, and that reopenings have begun affecting consumer behavior in a number of ways.
My thinking is that if there is going to be a valuation shock to this name, it is not imminent.
The fund is at a key spot technically, and there is real fear that if this spot cracks, what looks like a stretch of rough rapids could become a waterfall.
From my perch there is little to "like" about the market over the last few days. (Remember... tops are processes, bottoms are events.) A number of individual stocks look dreadful -- even "beast mode" Amazon is down about 12% from the recent after-ho...
This just in from my pal Bob Lang.... note the Star Wars pun! The Force is not with the Nasdaq 100 on May the 4th We noted last week in Trifecta and elsewhere the weakness seen in the big cap tech stock index. Earnings were great last week for App...
Spending on pets has been steadily increasing, rising over 500% between 1994 and 2020. The question now is whether Chewy or PetMed Express is better for dividend seekers.
A squall is a sudden gust of wind that lasts briefly. The sustained winds of a hurricane, on the other hand, can be devastating. Most market corrections are quick and squall-like - with late 2018 and February/March of last year the exceptions to th...
There's going to be an unsettling period of transition at some point for Berkshire, and at that time the stock will act like it.
* I would now be a $50-$55 buyer of this "show me" stock As most are aware, I viewed the 2020 presidential election as the Twitter Election, as Twitter was uniquely positioned to benefit as a passage way of opinion, and of increased usage and advert...
I am going to tell you that there is no possible way that higher taxes are helpful from the market's perspective.
The mood is looking positive this morning, but we'll see if it persists once the opening bell rings.
This a very challenging market right now, as good earnings are not enough to generate positive momentum.
The weaker members of the tech herd are showing signs that they will be unable to live up to the growth expectations.
I have rarely if ever seen a large company crush earnings expectations so decisively.
* Also, beware of "first level thinking" and looking at the rear view mirror * eBay, Netflix, Twitter, Zoom, Microsoft and Apple all have something in common - the "stay at home theme" has likely been discounted and played out * Leading technology c...
One of the major warnings of a toppy market is selling off on good news.
Will we see a reaction on Friday to Amazon's report that's similar to what we saw for Facebook and Apple?
Amazon upside, Twitter downside. Thanks for reading my Diary today and enjoy the evening. Be safe.
Both stocks have been underperformers.
Two points. Firstly, today will be interesting dynamic between stocks and rates with the 10 year back to 1.67-.68% and 5 year at 0.90%. Secondly, regarding my previous comment in The Big Are Getting Bigger: " Applying "second level thinking" - ...
* And stronger The dominance of the FAANG, plus Microsoft , franchises was visually seen in the spew of excellent EPS reports over the last few days. Back in late 2018, when I added Facebook , Amazon and Alphabet to my Best Ideas List, I suggested...
The differences in approach between the two most basic strategies for how to grow an economy are as stark as the division they cause among economists.
We need Apple and Facebook to finish strong to show that there are some willing momentum chasers.