|Day Low/High||300.98 / 304.00|
|52 Wk Low/High||189.51 / 307.34|
The wholesale club's technical indicators show an extended period of accumulation of its shares.
It is not going to run the company to please Wall Street. It is going to run the company to please consumers and if the consumer is happy, Costco is happy.
RMPIA is up 20.9% in the first nine months of 2019.
When the market rallies on negative news as it did Thursday, it means that the news has already been priced in and no selling pressure is left.
There is also reason to see longer-term equity strength in valuations.
Let's consider the case of what would be the best odds on favorites to start a new position in the Dow Jones average.
I could list dozens of opportunities to buy high-quality stocks that are expensive. In each case it's easy to say what the Bernstein analyst said about Costco.
Cramer and Bernstein's Fletcher differ on the retailing club. What say the charts?
Molson Coors, Target and International Flavors & Fragrances have all performed well since being singled out.
As the shipping company reports Tuesday night, headwinds blowing from Amazon and China trade are strong, but there's a chance of an unexpected move to the upside or activist investor news.
Post's IPO of its star Active Nutrition segment is expected to take place in the December quarter.
Emotions and panic must be checked at the door, if you are going to be a successful investor, especially right now.
Market participants are beginning to recognize that there's no stopping the avalanche in selling of the expensive stocks to buy the cheaper stocks like AT&T.
LULU rocked its recent earnings report and is killing it, generally -- and here is why.
Everyone keeps asking me if there's a recession around the corner. My answer: I don't see it.
Gains in Amgen, CVS, and others helped offset declines in other stocks, as the RMPIA rose over the last two months to 0.6%, handily beating all the major domestic stock market averages.
The charts of the big wholesale club retailer indicate its shares could run significantly higher even after nearly doubling over the last three years.
Watch Micron Technologies and Costco to see whether either hits targets for a swing or day trade.
The Fed has more than enough reason to be preemptive in a way it's never been, preemptively positive.
In one, the U.S. is faltering, and in the other, it's booming -- but there's much more to it than either.
Some retailers are increasing in relevance. Others have less and less reason for being.
But president should use position now to cut a deal with China on tariffs to avoid hammering consumer confidence.
Most retailers do not, but here are a few that have the right story.