|Day Low/High||132.01 / 134.59|
|52 Wk Low/High||112.06 / 162.34|
*Raising net short exposure Some late morning observations: * With Google and Amazon market beasts -- now both medium sized -- I feel "comfortable" adding to my short hedges. * Added to my Micron , Caterpillar and Coca-Cola shorts. * So weird that t...
Recent trading short rentals in two popular cyclicals, and (I recently added to both shorts this week), are beginning to pay off.
* Revisiting Trouble Ahead - My Market Concerns Are Expanding Yesterday's opening missive, "Trouble Ahead, Trouble Behind," took a look at certain price momentum concerns that have developed in the last two weeks: I have more market concerns today t...
In addition to larger Index shorts (in and ) in the last few weeks, I have taken about 10, new trading and investment shorts on - including Apple , Disney , Caterpillar , Home Depot , Microsoft and several others (that are too speculative to discuss...
* My market concerns are expanding "Driving that train, high on cocaine, Casey Jones you better watch your speed Trouble ahead, trouble behind And you know that notion just crossed my mind." - The Grateful Dead, Casey Jones I have more market concer...
There are signs in the market that the talks may not be going as well as thought, or at least that some believe that Trump thinks he has the upper hand.
Here are a host of stocks that will benefit from a deal, and why you should pick them up on a selloff.
* Further reducing gross longs * And increasing my overall net short exposure I have also moved my position from large-sized to medium-sized. (And I plan to stay there.) With the recent liquidation of , , and longs, profit taking in a substantial a...
As you all know I am short Caterpillar - on a trading basis. Relatedly, from my pal Steve Cortes:
* I stand with a calculator and a contrarian streak in my investment strategy * I have steadily expanded my net short exposure all week While I am respectful of price and momentum that, in part, have been influenced by the changing market structure,...
Despite a recent downgrade, Caterpillar may be poised to power ahead in the coming months as it follows the broader market up.
Recently I have made the following moves in my portfolios: * I have added to my and shorts. * I sold out my and longs. * I reduced the size (from large to medium) of my long holdings in and . * I initiated shorts in , and .
The algos are pushing to the negative late in the day -- keep an eye out for signals of a trend change.
The fact that Fed Chair Powell knows that things are slowing down may be the best thing this market has going for it.
After eliminating a long, , adding two shorts, and , and expanding my and shorts (as Mr. Market ramped on a better consumer confidence print - which is non predictive to the markets), I have further expanded my overall net short exposure. I have a ...
I have put on three new shorts in the last few days - Disney , Home Depot , and Caterpillar .
What stocks to buy and what to avoid on the continual leaks coming out of the Kudlow-Mnuchin camp and the Lighthizer-Navarro camp.
Does it not make sense to create a separate portfolio made up of equities that will benefit -- as sick as that sounds -- when an area needs to rebuild?
Selecting the creme de la creme of last year's top dividend dogs generated an average total return of 8.8%.
This is one report where the real driver will be what the company says and the tone they take when saying it.
Dollar strength is affecting the competitive advantage of U.S. companies around the globe, and it is a more insidious problem that most people recognize.
Caterpillar's shares dropped by -8% to -9% after a big EPS miss and a guidedown on Monday. Higher costs (materials and freight) in the construction segment and one time write-offs in the FinCo contributed to the shortfalls. Importantly, the company'...
While the indices are no longer severely overbought, they have been stalling for the past week. Stay vigilant and be ready to act.
It hasn't come down enough for me to think we're oversold, so I call it working off the overbought condition.
This is some sort of whacky, crazy bull market that just doesn't want to go down.