|Day Low/High||44.60 / 45.55|
|52 Wk Low/High||31.70 / 47.74|
Investors love the fintech space, the growth entertainment sector, the cloud and the med tech.
Comcast's exit from the bidding war for Twenty-First Century Fox's assets has big ramifications for Netflix.
As we expected, Comcast will no longer pursue FOX . By inference, Comcast now is in heavy pursuit for SKY. I have made the case in buying Comcast that CEO Roberts coveted his company's stock price and would not likely pay a silly price for Fox. I ad...
These names are showing bullish or bearish reversal patterns over the past week.
A bidding war for Twenty-First Century Fox's assets has driven the stock nearly 40% higher this year.
Comcast -- which is on my "Best Long Ideas" list -- looks like it wants to break out to the upside of its recent trading range. It's up some 1.2% at $34.18 as I write this.
These are the stories to watch as futures point to a Wall Street rebound.
I have added to my large long - based on the hope that CEO Roberts covets his stock price (and wealth) above the need to pay a silly price for Fox . Stay tuned.
Imperial Capital has established a bold price target for NFLX of $503.
Besides buying puts I am adding to my long at $32.68, and shorting some individual stock names - in order to bolster my net short exposure. I am long SPY July Monthly $268 puts at about $1.70.
My triumvirate of very large holdings - Campbell Soup , Comcast and Procter & Gamble - are all jiggy today. How is that for pure self promotion? Enjoy the weekend and thanks so much for reading. I hope today's missives and my posts all week provided...
Over the last few weeks I have sold a number of my longs including (but not restricted to) all of my Dillard's , Macy's and Twitter holdings. I have reduced the size of some others (e.g., Box ). At the same time I have added to some longs (Procter &...
"If everyone is going left, look right..." --Sam Zell Rupert Murdoch's Twenty-First Century Fox is the object of a bidding war between Comcast and Disney . Like Sam Zell, who in 2007 sold Equity Office Properties Trust -- the largest REIT in the U.S...
Some midday observations: * Dillard's is back on a tear (+$3.40) in an only slightly better retail tape. (I am out of the name but it remains on my Best Ideas list because I want to buy weakness). * FAANG -- Facebook , Amazon , Apple , Netflix and ...
I know there's plenty of irony to go around for this once great manufacturer to be replaced in the Dow by a drug store chain.
I bought the early morning weakness in and . Just paid for more ($120.72) - based on price and an improving reward v risk. (Not a trade, an investment!) The shares are near the $120.50 support and the low RSI is a contrarian indicator.
Aside from trade reverberation headlines this morning, I'm seeing a number of pieces on the media M&A landscape, and refreshingly it's not all roses. Over at The Wall Street Journal, questions are being raised about the balance sheet impact on the l...
The cable giant's current multiple is half its average P/E during the eight years from 2009 to 2017.
Market attention is now sure to turn to these players with broadcasting, video and streaming operations.
The Mouse House chart indicates it's headed higher even if it doesn't try to outbid Comcast for Fox's assets
The president knows that we are being beaten in trade by the Chinese and the president doesn't like to lose.
Deal-makers are locked and loaded on having a strong end to 2018. It's shaping up to be strong, says one veteran deal-maker.
For today at least, it's all about companies that produce and deliver entertainment.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer wants the bank stocks to move higher.
Let's review the charts and indicators.