American Express Company (AXP)

160.92
NYSE
Prev Close 161.39
Day Low/High 159.46 / 164.57
52 Wk Low/High 112.10 / 189.03
Exchange NYSE
Shares Outstanding 774.56B
Market Cap 125.01B
P/E Ratio 31.15
Div & Yield N.A. (N.A)

Latest News

A Little This, a Little That

Looking at the top five in the DJIA: * American Express breaches its 20-day moving average ($174.93) * Salesforce back to the mid-$260s after a big spill * Intel is gapping above its 50-day moving average ($51.13) after the announcement of its plan ...

The Threat of Buy Now Pay Later (BNPL)

* Will the collapse in the share price of a leading Australian BNPL company presage weakness in the U.S. in 2022? * When a hyper growth credit product is not funded by core deposits - problems typically emerge * For now the credit cycle is benign - ...

American Express Gets a Boost From Anticipated International Travel

American Express Gets a Boost From Anticipated International Travel

Let's take another look at the charts and indicators.

Covering 3 Shorts

I have covered the balance of my , and shorts.

That's a Wrap

Okay, gang. Closing time. Equity markets shaded mostly red. The Nasdaq Composite gave up 0.82% on heavy trading volume. The S&P 500 gave up just a smidge, while the Dow Industrials actually gained some small ground thanks to American Express . Only ...

Should You Act Fast on American Express?

Should You Act Fast on American Express?

Shares of AXP soar to new highs after strong earnings. Let's check the charts.

Evergrande Surprise, Trump's New Truth, Phunware Fun, Bitcoin Weirdness

Evergrande Surprise, Trump's New Truth, Phunware Fun, Bitcoin Weirdness

Plus, Snap Inc. disappoints with its guidance as Apple lets users opt out of being tracked by individual apps.

AXP Short Move

I took a portion of my American Express  short in just now at $169.25. I will add back on strength.

Short Adds

I added to the following individual shorts today: ($54.01), ($175.39), and ($338.87).

Good So Far!

Our Trade of the Week, Amazon , is +$65 today.  Good thus far. And, I just added to my and shorts at $11.30 and $175.80, respectively.

New Buy (and Short) 'Levels'

New Buy (and Short) 'Levels' * My revised levels 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. This column is a continued commitment towards...

Traditional Credit Card Companies Will Be Disrupted

* And EPS are likely to disappoint as profit margins contract  On Monday I added to my shorts in Mastercard , Visa and American Express , three of the most popular and widely owned financial stocks. Monday's Fast Money program had a panelist on who ...

Jim Cramer: The Best of Breed Always Get It Right, But Can Facebook?

Jim Cramer: The Best of Breed Always Get It Right, But Can Facebook?

Companies don't become best of breed unless they are the best in everything they do. Facebook hangs in the balance.

A Long List of Shorts

I have shorted a long list of existing individual equity shorts today -- especially in the soon-to-be-disrupted financial area ( , , , etc.), which has benefited from the rate rise. Also, is a new short -- another high-growth stock vulnerable to hig...

Today's Trades

* Bought and . * Covered and shorts. * Covered SPY short puts and added to short calls. * Shorted , , , , , , and .

Adding to 7 Shorts

I have just added to the following shorts: , , , , , , .

Short Moves

I am covering a portion of my positions in the following shorts now: , , , , , , , , , , , and .

Shorts

Shorted more Indices and ($163.66).

Fear and Loathing on Wall Street

* We remain in a 'Bull Market In Complacency' * There is certainty and precision of the bullish consensus despite a wide range of possible market and economic outcomes - many of which are adverse and market unfriendly * A deeper than expected (and "...

5 More Shorts

I shorted more , , , and this morning.

Adding to 3 Shorts

I added to my , and shorts this morning.

Some Popular Market Sectors to Consider Selling/Shorting

* Lower stock prices, slowing economic growth, the potential disruption by Defi/FinTech and other technological initiatives/innovation and "pulling forward" present are some of the multiple threats that lie ahead for numerous companies in sectors wh...

Listing Some Shorts

Here is a partial list of my (non-Index) individual equity shorts: , , , , , , , , , , , , , , , , , , and .

Subscribers' Comments of the Day (and My Response)

I have recently shorted and - based on my expectations that the space will be disrupted:  Chris  On your credit card short thesis -- I used Affirm for the first time to purchase a Tonal. What an amazing service, 0% interest for 4 years, kind of a no...

The Long and the Short of It

"Just one more thing." - Lt. Columbo I have taken small positions in the following stocks: *Longs: *Shorts: , , , , , , ,

Disruption and a Pulling Forward Makes These Two Areas Vulnerable

  I have been shorting two new sectors whose business landscapes potentially face considerable challenges in the months and years ahead:   * Traditional Credit Card Companies - This sector is vulnerable to disruption and, in turn, commoditization. I...

Thoughts on Afghanistan, Monthly Winning Streak, Repo Man, Buy Now, Pay Later

Thoughts on Afghanistan, Monthly Winning Streak, Repo Man, Buy Now, Pay Later

One day, either the Modern Monetary Theorists will be right, or the fiscal hawks will prove correct. Count me with the hawks.

Jim Cramer: The Stocks That Attract the Buy Now, Pay Later Younger Investor

Jim Cramer: The Stocks That Attract the Buy Now, Pay Later Younger Investor

They are all chasing the same people, the millennials.