|Day Low/High||112.19 / 114.91|
|52 Wk Low/High||95.93 / 128.57|
The banks are parking large amounts of dough at the Fed every night. Last Friday's number was the highest single day total since 2017.
Spending on pets has been steadily increasing, rising over 500% between 1994 and 2020. The question now is whether Chewy or PetMed Express is better for dividend seekers.
Ever think you would see the day when all cash was digital so the federal government could place a negative interest rate (tax) on savings? I can see this coming from a mile away.
Should we care about Australia's central bank taking overtly aggressive action to reign in the long end of their yield curve? Yes, we should.
BBY is probably evolving about as quickly and as correctly as a national big box retailer can.
There was plenty of idiotic behavior to go around amid the recent short squeeze frenzy, but it doesn't appear to reach the level of illegality.
We've got a 'Johnny Mercer market' that accentuates the positives, eliminates the negatives and ...
The fears of what would happen from Democratic wins in Georgia's race failed to pan out, aside from tech taking a few hits. Here's what's happening instead and why.
If you are in the stock market, if you want to make money, then you want exactly this scenario that's unfolding right now.
When it comes to COST, traders can always - since the pandemic began - let the 50 day SMA be their guide.
Remember, if you understand markets, this has been more a broadening of the bull market, not a rotation.
Equity markets have run wild since Oct. 30, and it is the more economically sensitive indices that have really taken flight.
Momentum in the stock of the electronics and appliance retailer has been weakening of late.
Now, that we have confirmation from the Nasdaq Composite, I think we can say equity markets are indeed back in what I would consider an uptrend.
What stocks do from here will, beyond electoral risk and potential stimulus, rely upon fourth quarter guidance.
Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.
It's remarkable to see such excitement based on totally contradictory theories and themes.
If we have the setup, I would use a bullish call spread with a November expiration.
Here's how I'd play it if we close above breakout levels.
The long side of DKS is attractive even at these heights.
As almost of the retailers have reported, we have to point out there are so many new winners that could have staying power.
We believe BBY can still work higher after a brief falling on Tuesday.
Monday's market action was in no way similar to that recent disparity between the 'haves' and 'have nots.'
Next week is the last full week of August and the start of the last two weeks of the summer given how the Labor Day holiday falls this year. If you were expecting a quiet week on the earnings front, you may not want to read what I have to share next...
If the Democrats sweep, you have perhaps the best single stock in the market.