|Day Low/High||2,965.00 / 3,069.30|
|52 Wk Low/High||1,626.03 / 3,552.25|
In the past, investors were often too quick to sell off fast-growing upstarts due to competitive fears. But at current valuations, risks seem to be completely ignored.
* This is not your father's market -- as old rules don't apply If your trading and investment decisions are based solely on price action (and charts) you should stop reading this column! Since two Wednesdays ago, I have been looking for a series...
The greedy are, at last, getting blown out, and the prudent being vindicated. I see three buckets of stocks that intrigue me now.
The pockets of strong movement are very narrow right now.
Beazer Homes USA and JBG Smith Properties are two names that are worth looks in the real estate sector.
What We Need Now? Pure and simple. Follow through. Equity markets have to follow through.
The visible stories are almost all positive. The negative stories are almost all hidden at least when it comes to the stock market.
* I am placing WMT on my Best Ideas List this morning * My twelve month price target is $175/share Walmart seems to be the ideal investment for the next 1-2 years based on the following considerations: * My baseline expectation is that the Democra...
I'm still optimistic about some good trading developing but today is not the day to push too hard.
Those traders who hoped to capitalize on market momentum with call options have discovered this month that stocks don't always go up.
That's the period of minimum risk.
The deal drives home how strategically important gaming is to Microsoft right now. But there is one big unanswered question.
I think that when I see the kind of across the board give up as we have today, I think it's healthy not toxic.
As Covid-19 numbers rise in many states, it's time to get out of the restaurant stocks and look to Campbell Soup.
Strong rotational action has been driving sectors of the market as the grossly overbought big-cap technology names have corrected.
Are equity markets oversold? Sorry to say, but I don't think so. Not yet.
When a speculative frenzy involving one set of companies ends, cheaper peers usually aren't unscathed in the ensuing selloff.
The week saw some of the best rotational action out of leadership names that I can ever recall seeing.
If you were a recent buyer of the stock this could be a painful correction.
Let's see if this is just another head fake, or the real thing, like that of my personal fave A-Treat.
Plus, the chart of Novocure Limited is a real attention-grabber while the chart of Apple bears watching.
Investors are not dumping the FATMAAN names and running for safety -- they are looking to put those funds back to work in other places.
The recent market leaders appear to be running out of steam, while stalwart stocks are grinding higher, with Verizon notable among them.
* I believe so! * Downside risks dwarf upside rewards at current prices * I have moved to between a medium-sized and large-sized net short exposure in the last two days * More evidence of a possible pivot from growth to value is being exhibited this...
Let's review how our strategy has been working out.
Looking at the shares or the options markets, there are several ways to play FDX.