| Prev Close | 156.43 |
| Open | 161.07 |
| Day Low/High | 158.40 / 162.76 |
| 52 Wk Low/High | 149.88 / 199.55 |
| Volume | 2.93M |
American Express Company (AXP)
161.85
5.40
3.50
NYSE
| Exchange | NYSE |
| Shares Outstanding | 753.06B |
| Market Cap | 119.55B |
| P/E Ratio | 31.15 |
| Div & Yield | N.A. (N.A) |
Premarket Leaders
Upside - +40% (to be acquired through merger by Ergon at $4.65/shr) - +39% (Moving iMage Technologies and SNDBX announce strategic partnership for gaming and e-Sports) - +17% (announces review of strategic alternatives) - +9.3% (earnings, guidance)...
Hurricane Jerome Hits, Rate Hike Watch, Reduce the Slosh, Advice for the Fed
Plus, a review of Thursday's sudden market turn from sunny and bright to an all-out thunderstorm that hit investors hard.
Berkshire Hathaway Is the Great American Conglomerate: Here's How to Trade It
Berkshire, led by the brilliant pair of Warren Buffett and Charlie Munger, has been busy of late.
What to Make of the Swings in American Express Stock
Let's look at the latest AXP charts and come up with a plan.
Blue Monday, Technical Damage, Death Cross, FOMC, China, Raskin, Lockheed Martin
The Nasdaq Composite suffered a 'death cross' back in mid-February and what happened after that is now clear to see.
Sellers Beware: Prices Also Rise
Don't be fooled into selling just to get a dropping stock off your mind.
Sanctions on Russia Produce Ripple Effects on Payments Giants, Crypto Players
The impact on U.S. companies of the economic blockade against Ukraine's invader varies but definitely is more than symbolic.
Is Visa Where You Want It to Be?
Shares of Visa have put in a bottom formation.
Fundamental Analysts Are Positive on American Express
Let's check the charts and indicators.
Rip-Roaring Reversal, Volume & Volatility, Smell of Fear, Fed, My Monday Trading
Picking a bottom is nearly impossible, but if one does not start layering in where the mud gets deep, then one ends up a bit light when the train leaves.
It's a Discouraging Day for Stock Pickers
There are huge baskets of stocks being bought and sold in order to shift exposure out of growth and other stocks that are hurt by higher rates.
Citigroup: Too Cheap to Ignore?
* Market participants appear to be waiting until Citigroup's divestiture program from a number of foreign markets is fully completed * Redeploying those assets into buybacks, with the shares at a large discount to book value, makes a lot of financia...
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
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?
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
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?
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 .
