|Day Low/High||3,140.67 / 3,240.81|
|52 Wk Low/High||1,626.03 / 3,344.29|
The RMPIA rose 3.2% for May and 3.3% for the first five months of 2020.
We've had quite a run, and I hate to violate net basis, which is a long, long way off.
Taking a chunk of Pfizer during this selloff, while Amazon has raised $10 billion in mixed-maturity debt and all eyes are on the government's response to civil unrest in the U.S.
And the reality is that the more money you make, the more likely you can contribute to the causes that you care about.
Nineteen Sixty-Eight was often considered to be one of the most turbulent and traumatic years of the 20th century in the U.S.
We are now in one of those times, like 52 years ago in 1968, that we and our children will always remember. Many of us have spent the weekend watching America burning in despair. As I write this missive, an extended portion of I-95 (in Palm Beach) h...
Let's hope that the violence subsides, the valid voices of peaceful protesters are heard, and the lack of social distancing protocols does not lead to a resurgence in the spread of the virus.
Though possessing a good content library, HBO Max's pricing and device support work against it, as do a couple other things.
* I have liquidated a lot of my long positions and have been averaging into Index shorts lately * I worship at the altar of fundamentals and not of price momentum * Monday I will present a more lengthy analysis of my concerns over the balance of 202...
As the president's press conference on China approaches, there is ample reason for some risk-off behavior. Meantime, Zscaler's earnings beat is a good time to take a profit.
I'll be taking at least a third of my long off ahead of the numbers this afternoon.
Let's take stock of who's likely to come out ahead in this winner-take-all marathon.
It's about HBO Max, what to do with DirecTV, and the sustainable dividend yield.
Retail investors have been outperforming hedge fund managers and institutions, though the verdict is still out on whether the party will last.
* Banks +8% as growth is in the red on the day * Given the overweighting in portfolios, exchange-traded funds and jndexes of Microsoft and FAANG stocks -- a relatively small disintermediation could fuel banks and other value names. * Sell in May an...
The thought that one of these more than 100 attempts to tame Covid-19 pays off.
Predicting a pivot from growth to value after a decade of the contrary is a tough task. But I am focused on the developing possibility. Today (in FANG terms), Facebook is up by one +1%, Amazon is barely higher, Netflix is under pressure, and Alphabe...
A look at those stocks likely to lead in the short- and long-term, the headlines out of China and Hong Kong, and the import of fiscal stimulus.
GOOGL has made an impressive recovery since the middle of March.
Charles Gave is the founding partner of Gavekal Research. He has been researching tactical asset allocation for four decades. He cofounded a $10 billion money management company, Cusitor-Eaton Asset Management, where he was chief investment officer ...
Adjustments people and companies have made due to the pandemic are likely to outlast the virus in some measure, and those firms that don't adapt face trouble.
As State economies begin the slow process of reopening, the Fed is there to support market function. Facebook's latest e-commerce foray has investors cheering.
Search is still by far Google's most profitable business, and antitrust charges aimed at other parts of Alphabet's empire likely wouldn't have a major profit impact.
I like WMT, and following an earnings related trade, I'll repurchase if the shares sink back into the low $120's.
Watching Moderna, Microsoft and FedEx as risk continues to be a central market theme, despite Monday's rally.
Let's step back and look at this market that has abandoned all sorts of safety and went all in on the stocks of companies based on the Fed's words and a promising Moderna study.
I would be a buyer of a call spread in this ETF.
* The bears' skepticism (and cautious market positioning) coupled with their collective cynicism towards medical and scientific innovation, and the inevitability of the curve's flattening along with an "all in" Fed, have fueled the market recovery f...
Because they could be the next Netflix or Amazon. To me that's enough.