|Day Low/High||172.81 / 180.75|
|52 Wk Low/High||89.00 / 391.00|
As the month and quarter end, there's a key level on the S&P 500 to keep an eye on -- in addition to mandates from pension and mutual funds to move capital out of equities into debt securities..
The supposed reasons for the action of the indexes is not as important as you might think.
Let's go over the confluence that allowed us to advance after a brief dip down in the morning.
Planet Earth has had a hell of a first half. I just don't see it getting better in the second half.
* After "playing" the rally off of the March lows (with plenty of longs) I have recently (again) gotten net short of exposure To summarize some my recent activity: * I took off numerous investment longs (for profits) into the rally -- including , , ...
Plus, "smart rings" for detecting Covid-19 and quick looks at Salesforce.com and Zscaler.
From military jets to space travel, here are a bunch of stocks to consider.
You can fight the Fed, and you can fight the Feds. Or you can simply try to excel in the environment provided.
Let's look at American Airlines, Boeing, Verizon and Beyond Meat.
This market is offering trading opportunities the likes of which haven't been seen since early 2009.
The massive tock market drop was to be expected, and seasoned traders were prepared for it. But there was also some good news on the coronavirus vaccine/treatment front.
* Fundamental concerns and weakening technical signs might be converging now In the last few weeks and days I have eliminated all my equity investments in my personal pension plan, I have personally shorted S&P futures (at 3202 Monday night), I have...
You buy stocks of secular growers, the ones that have particular engines developed by themselves that allow them to fly into headwinds without a problem.
Let's look at what's responsible for the incredible rally in the Nasdaq, because it's much more indicative of what's really going on in this market than the endless run in hospitality and travel.
With the exception of a short and an elimination of my holdings - I have done little this morning. * Breadth is still a strong 3.5:1. * Ss (S&P) over Ns (Nasdaq), again, and despite strong gains in Tesla and Amazon . * Bonds are quiet. (I covered my...
Something's very wrong here. I don't know how this can be. But it is happening and it seemingly can't be stopped.
Airline stocks led the rally last week and are still going strong, as market reopening continues and employment data is mixed.
What happened? And what does it mean for the recovery?
The airlines took off as markets continue to be positive in the face of major negative economic headwinds.
It isn't just the bears that would welcome a pullback in this market.
* Speculation has run amok... again * And it should signal caution * Yesterday, in an extreme move, I sold my entire equity holdings in my personal pension plan Please read this Bloomberg article from yesterday: Bored' Millennial Day Traders Boost ...
We're cheering what may be an aberration, a bullish employment number. We'll take what it brings - a wholesale shift in what we're buying and what we're selling to fund it.
Other places besides the United States are flashing green, and they can surprise us -- even give our international companies a boost.
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...
* 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...
WDAY looks ready to break out as traders weigh wether markets are now overbought after this 2-day run.