Prev Close | 14.11 |
Day Low/High | 13.50 / 14.62 |
52 Wk Low/High | 0.65 / 16.58 |
Prev Close | 14.11 |
Day Low/High | 13.50 / 14.62 |
52 Wk Low/High | 0.65 / 16.58 |
Exchange | NASDAQ |
Shares Outstanding | 21.91B |
Market Cap | 309.10M |
P/E Ratio | 7.35 |
Div & Yield | N.A. (N.A) |
My bread and butter trade is to find stocks with solid fundamental stories and then aggressively trade the volatility around core positions.
Department stores, sporting goods sellers and even fashion retailers have seen their shares surge this year, but the question is whether the party can last.
Small, aggressive traders are doing so well with the chasing that they are likely to continue for a while.
Current events and the prospects of more restrictive gun laws are driving sales.
The stock picking is exceptionally strong and has little correlation with the indices.
It has not been a smooth transition between 'reopening' and 'stay-at-home' stocks.
Leading investment experts discuss their favorite ideas in fitness, camping and sporting goods.
The positive news is that small-caps continue to do well and there's some good trading in smaller names.
The biggest challenge I see right now isn't overall market conditions but finding individual stocks that are ready to run.
Now's the time to take a step back and prepare mentally for what happens next.
What we are seeing is a scramble to add long exposure.
Not every stock deserves to be sold as if it is going out of business.
The best move right now is don't let losses grow and don't do much, if any, buying.
Market players don't want to be aggressive or have large exposure until we see greater election clarity.
I expect the indices will jump around again soon on news about fiscal stimulus.
What's most notable today are the pockets of strong speculative action.
Smaller stocks that were big winners are coming back down right now, and here are some on my screen.
It is logical that stocks consolidate a little as we head into earnings season.
The primary focus is on trying to put more cash to work.
This is a very healthy market and some consolidations and pullbacks would be advantageous for trading.
When the trend is in your favor ride it as long as you can.
This is the same sort of rotation that we saw in early September.
This great trading action comes in an environment with so many dramatic news headlines.
There are a couple of things that are helping to contain the selling.
To do well in this market you have to be in the 'third market' where the values are.
There a several names that I expect to see strong earnings results from.
This isn't a market with a lot of very extended stocks so the chances of catching some names at support are good.
Coming off Nike's strong report, Big 5 uses a strategy similar to TJX and even offers a dividend.
News of Big Five Sporting Goods dividend move requires some careful reading.
So much for going to Mo's - sporting goods retailer Modell's has filed for bankruptcy protection. This is the latest such closure in the last few years, and while it eventually means good things for Dick's Sporting Goods , Foot Locker , and Big 5 Sp...