|Day Low/High||22.46 / 22.95|
|52 Wk Low/High||17.95 / 35.72|
It is likely time to build a long position in GS, but only on my terms.
Goldman's consumer-focused fin-tech effort is a key theme to watch in 2019.
Here are today's key observations: * Bonds continued to rise in price and sell off in yield. The 10-year U.S. note yield dropped by another five basis points and is now slightly below 2.40%. My long standing and contrarian target of 2.25% is close a...
Does Berkshire Hathaway still offer value for investors?
The Fed is now caught in its own policy - hooked by the drug of cheap money. The yield on the 10 year U.S. note is under 2.54%. The dovish Fed policy announcement will likely help, over the near term, growth names ( , and ) and hurt rate sensitive ...
I think sometimes the best way to parse the temperament is to go over the most obviously 'wrong' moves and address why they might not be wrong at all.
Hong Kong's securities regulator has fined Morgan Stanley, Merrill Lynch, UBS and Standard Chartered for lack of fact checking and due diligence in preparing stock offerings for now-liquidated China Forestry and still-suspended Tianhe Chemicals.
Here are some of my individual buy levels of stocks that I want to add to or reestablish on weakness: * $157.50 * $1625 * $1150 * $42 * $55 * $46 * $46.50 * $182.50 * $31 * $40 * $23 * $65 * $16.75 * $35 * $27.75 * $60 * $95 * $48 * $87.50 Note: Lon...
A number of Canadian bank stocks have lower valuations and higher dividend yields than their U.S.-based peers.
Buffett 'knows' Kraft Heinz well (he'd been on the Board for several years) and is capable of making a quick decision.
*It's a non trivial possibility! Overnight I reflected upon the abysmal news at Kraft Heinz : * SEC accounting probe * EPS miss (based principally on rising costs as top line growth was, more or less, in line) * Lower profit guidance (see above, cou...
Why does it always make me feel uncomfortable when my plan diverges from Warren Buffett's?
Analysts need to recognize this shift in the banking markets.
* The bank merger of BB&T and SunTrust is a one-off and is a very modest negative for the existing and large money-center banks BB&T and SunTrust Banks have announced a $66 billion merger of equals intended to create the country's sixth-largest bank...
So far nine are in positive territory, and are up an average of just over 11%.
Dividend reinvestment plans (DRIPs) are compound interest to the extreme. Here are an expert's top-10 DRIP stocks for 2019.
Covered and then reshorted Added to my , and shorts (moved to medium-sized from neutral) Bought some SPY puts (maturing at the close) Bought small Sold some (after the run from the low $40s -moved from medium to small) I was a bit over my skiis long...
I really like the pin action in a number of my core longs: , , , , (as expected off of the strength), , , , and . and , not so much! Note: Long GS (large), BAC (large), C (large), WFC (large), JPM (large), DWDP (large), HIG (large), CBS, M (small), ...
Global economic weakness just adds to the pressure, here is what the Chinese should do.
The banks are strong today after, for the most part, struggling through a mixed week. Bank of America I feel had the most impressive earnings. Citigroup perhaps the least impressive. Don't forget that Citi has more foreign exposure than BAC, and i...
Banks' quarterly reports mean quarterly grades are due.
This shutdown is starting to feel different from those that we have experienced in the past, is it not?
It would appease some bears, allow some profit-taking and help to make sure there is some good support.
Investors are starting to realize that these banks are making the most money they ever have and are doing so with less risk.
It is far safer to arrive fashionably late at the party rather than to show up too early.
As uncertainty increases, expect greater demand for safe haven assets.
Break in. Bank of America has a big beat on the bottom and top lines. Stated simply, BankAmerica out Citigroup's Citigroup !
Citi overcame a mixed print to send its stock surging on Monday.
If one is betting on a sustained surge from Citi, bigger banks could be bullish bets.
We have several standout investment positions today. , a Piper upgrade this morning, is my favorite speculative stock for 2019. I have been steadily adding to this name on weakness (see past posts). The shares were placed on my Best Ideas List on Ja...