|Day Low/High||46.35 / 48.58|
|52 Wk Low/High||29.57 / 50.08|
Plus, Ford and Rivian, and SoFi Technologies' national bank charter.
Traders who are long should continue to hold those positions, but here's where to risk to.
Friday brings about data for December retail sales and industrial production, and the start of the fourth quarter earnings season as big banks start to report.
Plus, a look at rising mortgage rates and why SoFi Technologies is a stock for which I continue to hold out hope.
There are other areas to trade as well, but know what you are trying to accomplish.
* 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...
The semis survived a series of individual tests on Monday, which might be worthy of finding a spot in the back of that mind of yours.
* It is still time to be cautious as it grows more likely that an important market top has been sketched * But, after the reasonably sharp and steady fall of the average stock (non "Nifty Seven") over the last several months - opportunities are like...
* Ms Market is bigger than all of us * Market narratives are shifting daily, depending on the market's performance that day * Speed of price movement in all asset classes are nearly unprecedented in a regime of heightened volatility * Everyone seems...
I covered my short for a push. And I just added to my Nov $434 call short at $13.14. I also added small to my long.
Still, my favorite financial name at the moment is SoFi Technology as I believe that they have all of these banks in their sights.
Banks rolling over after beats. Brokers initial gap turns into losses. FAANG gains moderating. Getting more serious on short side. Shorted at $44.17 against my and longs.
While supply-chain constraints are a global problem, consumer-level inflation is not yet as broad a problem, or at least not evenly distributed.
JPM reported the firm's third quarter financial performance and the unofficial start of earnings season is officially underway.
While rates are playing havoc with growth stocks, there is other rotational action going on.
Bank stocks have been big winners this year, but is there room left to run?
Having a debt ceiling is foolish, it only ever matters to the party currently out of power and never really does what it was intended to... curb federal spending.
Plus, a closer look at a tough Thursday for equities and a rundown on the stocks the author is accumulating.
Energy is now making its way into the list of worries for economic growth -- but a surge in crude can also be an opportunity for investors.
The whole notion of the grand inquisitor Fed is out of whack with reality. Here's what you should be watching, instead.
They are all chasing the same people, the millennials.
The PayPal bulls come out to play... Bank of America Securities notes that "core trends remain robust" with Q2 revenue rising 32% year over year and reiterates its Buy rating, while Morgan Stanley lifted its price target to $340 from $347.
Small-caps and mid-caps are still picking first downs on every play, storming back from a badly oversold condition that has just about normalized.
Housekeeping item. I just covered my bank of America short at $38.10 for a small profit.
I have received several emails about what individual stocks I am short. Some of my present shorts include Carvana Co. , Peloton Interactive, Inc. , Krispy Kreme, Inc. , Bank of America Corporation , several peripheral cryptocurrency and cannabis p...
Instead of fixating on stocks like the banks, look at what really matters: how darned rich this country is.