|Day Low/High||163.82 / 167.63|
|52 Wk Low/High||89.00 / 375.60|
I don't pick stocks on politics, but was shocked to see how a majority of our Action Alerts PLUS holdings would perform if Joe Biden wins the White House.
People want to wait and see on this beleaguered aviation name, but I don't think you can do that. Here's why.
I still think the risk/reward scenario favors bets on the long side.
The research firms today put something in context that seems almost impossible: we are having a boom in the goods side, not the service side.
Somehow I think investors thought splits actually create value. That's just nuts.
With the recently announced special dividend, this firm could be prepping for a sale.
Plus, Kansas City Southern rejects a reported takeover overture.
Traders and investors could go long HON as it joins the DJIA club.
Let's look at the Dow Jones' swapping of Exxon for Salesforce, Pfizer for Amgen and Raytheon for Honeywell.
The trend still believes in Congress for whatever reason, and perhaps most importantly, in an effective vaccine and effective Covid treatments versus Covid sooner rather than the later.
The August timing cycles hint at the potential for a correction while a pullback in the aircraft giant's shares could set up a buy trade.
But that's exactly where we are right now, in this third day of the rotation, so here's your path to safety.
Markets may believe that we are closer to the effective use of vaccines and therapeutics than we know in this battle against Covid-19.
Monetary policy, fiscal policy, and major earnings news are all on the docket.
"I am going to write a good Diary on Real Money Pro today... and I am going to help people. Because I am good enough, I am smart enough and doggone it, people like me." - Daily Affirmations with Dougie Kass Today's Daily Affirmations addresses the p...
More bad news for Boeing as American Airlines is reportedly threatening to cancel some of its 737 MAX orders.
For all those invested in the aerospace industry, it's being reported that Emirates is saying Boeing's new 777X jet likely will miss its planned debut next year, due to the company's pandemic related issues and a delayed certification process.
Equity markets had a tougher day on Wednesday than immediately meets the eye. And did you catch what Trump said?
The Federal Reserve posted its June meeting minutes and a report on individual corporate bonds bought so far. Here's my take on both.
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.