|Day Low/High||1,901.30 / 1,916.86|
|52 Wk Low/High||1,307.00 / 2,050.50|
I am buying Alphabet ($1072 limit) and Amazon ($1760 limit) in pre-market trading. These are multi-year investments and not trades. Both stocks are lower on the government's inquiry on search.
If it's willing to make the large investments needed, Jeff Bezos' firm could use a wireless network to not only strengthen Prime, but also its ad business and AWS.
Be careful backing Buffett right now, his biggest holdings show increasing profit pressure.
In the near term, it would appear Amazon will need to do the heavy lifting.
Analysts now expect an earnings recession to become reality after negative Q1 growth, and ahead of projected negative Q2 growth.
When traders are flailing and investors are drowning, examples work best to illustrate what happens before a bottom is reached.
This weakness is about lack of demand, not tariffs.
Retailers with their own courier services and supply chains could cut out a large chunk of FedEx revenue.
Leave this market? Damned if you do and damned if you don't.
With 60 minutes to go: * The S&P has just broken the day's lows - following the pattern of early strength and late in the day weakness. * Breadth: 1200 advancers, 1750 decliners. * The economic message of lower bond yields is growing louder. * The 1...
Cowen raised its price target for Amazon (I added this morning) from $2400 to $2500. I will have more on AMZN and the other FANG constituents tomorrow morning!
* I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible "When the time comes to buy, you won't want to." - Walter Deemer I promised to update my "Level...
Then again, the time to buy often ends up being the time when nobody wants to.
I added to the following longs this morning: , , and (moved from medium- to large- sized).
Walmart's China exposure is less than peers and it is kicking into high gear in competing with rivals.
The Fed will be forced to consider short-term rate cuts in order to attempt to reestablish a more normal, healthier looking yield curve.
This could either be a brilliant buying opportunity or a value trap. If a trade deal is not reached by the end of June, this selloff can get a lot worse.
The tech giant's reported effort to create a wearable that can detect human emotions shows how it's hardware efforts are swelling, and also its willingness to bet on projects that are far from guaranteed to succeed.
Elon Musk's extraordinary efforts require adequate scrutiny.
Why have things gotten so grim? Oh, let me count the ways.
Target has figured out how to beat everyone from Walmart to Amazon to everyone in and outside the mall.
TGT's efforts in e-Commerce appear to be paying dividends.
But for TGT, producing the growth to drive a higher valuation is tough.
TGT reported significant beats for first quarter EPS and revenue generation on Wednesday morning.
Target is shining while the stars of many retail stocks dim.
The economy will never function normally, or at least in a more sustainable, healthy way until repairing the yield curve is accomplished.
I don't see the appeal in HD, and KSS just disappointed in a big way.