|Day Low/High||1,787.28 / 1,823.75|
|52 Wk Low/High||1,307.00 / 2,050.50|
Amazon is now +$435/share from my initial buy in late November. Alphabet is lagging - its only +$115/share higher.
While the two companies seem very similar on the surface, CVS and Walgreens are different stocks for different types of investors.
The impact of Alphabet's angle into streaming is important for investors on either side of the initiative.
The Fed is now caught in its own policy - hooked by the drug of cheap money. The yield on the 10 year U.S. note is under 2.54%. The dovish Fed policy announcement will likely help, over the near term, growth names ( , and ) and hurt rate sensitive ...
There doesn't seem to be much of a catalyst for FDX at the moment.
Ahead of the Fed's announcement and of Micron's EPS report (after the close), my Trade of the Week is to short the Nasdaq: * The Nasdaq has been held up (absolutely and on a relative basis) by strength in Alphabet and Amazon . There is no reason why...
Another pressing concern for FedEx is the margin compression in its U.S. business.
What I notice, however, is just how fast the competition will come up behind GOOGL on this.
Note: I am still operating with computer problems. I see very little going on this morning: * Breadth is stinking up the joint - 700 advancing issues and 2100 declining issues. * Several market leaders are failing to hold yesterday's morning ramp ...
GOOGL's ambitious gaming has to answer questions before being called a true game changer.
We have moved basically to flat breadth over the last hour. Some other cautionary near term signposts include: * Weakness in transports and the Russell Index. * Apple still red. * Banks well off the early morning highs. * Large cap tech at day's low...
I think sometimes the best way to parse the temperament is to go over the most obviously 'wrong' moves and address why they might not be wrong at all.
A key aspect of the international expansion is the company's recent acquisition of hemp-food producer Manitoba Harvest in February.
Tilray will not be cash flow positive for another 2-3 years - that's not quick enough progress for me given its $7 billion dollar capitalization.
Pot stocks like Tilray have very ambitious valuations but the potential upside (in mergers and, fundamentally in food, drink, supplemental and medical applications) are undeniably immense. The view of a possible rapid rise in revenues and profits (a...
* Note and bond yields are shouting that the trajectory of global economic growth will disappoint relative to consensus expectations * The message of the fixed income market is currently being ignored by stock investors "This is the business we have...
With less then 30 minutes of trading left, it looks like we will have modest improvement in the three major indices - accompanied by healthy market breadth (about 2/1 on the New York Stock Exchange). Amazon was the stock of the day! Financials and s...
Amazon , my top large cap pick for 2019, continues to advance smartly (+$38/share). My thesis: here.
Ulta Beauty is a new champion of retail -- and other names should learn from them.
This quarter is a heavy test for Tilray because of the stock's lofty valuation.
In a world starved for growth, investors will likely value companies with strong organic growth prospects.
Alphabet's shares reversed abruptly based on this news. While I raised my buy level on Amazon to $1700/share (and added this morning), I am keeping my buy level on GOOGL at $1150.
But most important, networking is on fire - the internet of things and that's so terrific for everyone.
* Amazon's business "moat" is deep and secure * The threat of increased regulation of the company continues to exist ... but is now seen as diminished - likely to be modest in scope and having little impact on Amazon's growth ambitions or cost struc...
This recent oil price surge in price is not over, and not priced in. Here is how I am playing it.
Though Wall Street reacted harshly to F5's deal to buy rival NGINX, the purchase does much to strengthen F5's long-term competitive position. And its stock is trading at low multiples.