|Day Low/High||3,019.00 / 3,167.00|
|52 Wk Low/High||1,626.03 / 3,552.25|
"Some 1.6 billion people in informal work, which is nearly half the global workforce, have become at risk of losing income as a result of the coronavirus pandemic", the International Labor Organisation has estimated. I continue to like my "middle c...
"Due to coronavirus, the Academy of Motion Picture Arts and Sciences has changed the eligibility rules for the 2021 Oscars. While normally films need to have at least a seven-day run in theaters in order to qualify for the awards show, this requirem...
The consistency of the Fed's message is what is helping to keep strong technical support under the indices.
Following up on my recent post... if you're wondering what people are doing at home in addition to streaming music from Apple and Spotify , or chewing through video streams from Netflix , Amazon , Apple and others, they are doing some pre-digital th...
There was a mild increase in trading volume at the New York Stock Exchange, but it was a rotational shift.
There's more than just one factor behind a lot of the sales jumps that are being seen.
It's imperative that people get back to work, so we have this great compromise -- let's see how it might play out.
Even if you are bullish and want to try to ride the uptrend the entry points are extremely difficult.
* Stocks will likely end the month of April with one of the largest four week rallies in history * Now the "hard part," as a premium will be placed on individual stock selection * The pivot from growth to value may mark a profound market change * Ma...
One must ask whether the increased speculation is a positive sign as unemployment is at record levels, much of the economy is shut down and reopening is uncertain.
Here's we'll queue up a trade in the QQQ fund as big tech names turn red.
Today we see the pivot with some clarity: * A profound reversal in Amazon , which I discussed earlier in the day. The shares were +$35 and are now down by -$43 * Two areas of value - financials (money centers and brokerages) and packaged foods (e.g....
Here's why an article on Amazon allows you to buy ahead of the quarter, and how you can approach other companies reporting this week.
* My short term optimism is fading for, as the market advances, the upside/downside deteriorates * The advance is narrow, revenue/profit expectations are perhaps too high (and discounted) for the FANG constituency * The S&P Index is within 3%-4% fro...
I recently sold out my entire Amazon position as the near term reward vs. risk has deteriorated after the stock's meteoric rise in the last five weeks. First level thinking: Amazon will have a terrific quarter because of the "stay at home" restricti...
So far, earnings season has not been the obstacle that many have feared.
Retail and real estate already were undergoing change and that process only will be accelerated by differences in how we live amid the coronavirus.
The problem for index fund owners is they own all three buckets and there are a lot more companies in the third bucket than in the first two.
Brains per share. Hearts Per Share. I've been around long enough to be that positive. I like these companies and more importantly, I like their stocks.
We keep hearing about Macy's, J.C. Penney, Kohl's and others who are in trouble -- well here's why.
I'm thinking that I probably take a pass on this name today.
IT giants are leaning on their balance sheets to convince reluctant customers to make new purchases.
I've been suggesting for a while that there is no rush to buy long term holdings.
Traders and investors in SHOP should consider protecting profits or booking some of their gains.
Beyond energy markets and the potential for ancillary fall-out, the S&P 500, and this may be more important from a technical viewpoint, failed to hold that 50 day SMA.
Oil isn't really worthless and Amazon isn't the only retailer that will survive, but we are in a mixed up market thanks to Covid-19.
Sometimes a story can start a dramatic push of money into a stock. Other times an upside pop is just that.
I have to respectfully disagree with Jim Cramer's conclusions in his recent column, 'No Wonder Bank Stocks Have Been Hit So Hard'.
A reminder that, as of Friday, I am totally out of Alphabet and Amazon - and I have pivoted out of growth into value. I have shorted Apple , which is now priced as a growth stock and is no longer a "value" name. (Apple is my Trade of the Week, short...
They buy and buy and buy. The same stocks. Over and over. No end to it.