|Day Low/High||47.07 / 48.12|
|52 Wk Low/High||32.03 / 48.38|
A look at CPB's charts and indicators look ahead of its latest earnings Friday.
's technical position is improving - reminding me of Campbell Soup before it made a +$8 to +$10 move a few months ago.
The key to effective trading lies in thinking like a psychologist.
While I do not see any real inflection point in relatively weak fundamentals, both Kraft Heinz and Macy's appear to be trading a bit better over the last week or so. I recall a few months ago remarking about the same (better technical action) of Cam...
Can markets go higher? Certainly, but we still need to see higher prices form here on higher volumes in order to confirm that those big kids are playing ball.
Investors should keep an eye on these four names in the week ahead.
President Trump has decided that the U.S. simply shouldn't do business with China and if you do you are going to have to pay the price.
* I plan to continue to short all gaps higher While month end lies ahead (in only a few days), I don't view today's action as too sporty and sustainable: * Both the S&P and Russell Index appear about to drop below their opening prints - the has alre...
In this day and age, companies must be 'disruptors' or get left in the dust.
The algos are pushing to the negative late in the day -- keep an eye out for signals of a trend change.
So far there is no bounce in Kraft Heinz which is not a good sign.
Buffett 'knows' Kraft Heinz well (he'd been on the Board for several years) and is capable of making a quick decision.
*It's a non trivial possibility! Overnight I reflected upon the abysmal news at Kraft Heinz : * SEC accounting probe * EPS miss (based principally on rising costs as top line growth was, more or less, in line) * Lower profit guidance (see above, cou...
These firms offer complex hardware and software solutions that empower the modern-day corporation.
The rapid rate of asset sales is raising eyebrows on Wall Street.
Everyone gets knocked down. What is different about you is that you are as tough as these markets.
"We're all hurt someplace and we're all looking for a painkiller." -- Katherine, Looking For Mr. Goodbar As I have previously remarked there is an old trading adage that long trading opportunities often occur in stocks that are green in a sea of red...
"We believe that free market capitalism is the best path to prosperity!" - The Kudlow Creed Dear Larry, You and I go way back - we have been friends for many years. I deliver this letter to you out of respect and in recognition of that friendship. I...
* Wednesday's stock action was revealing - And, to me, possibly haunting * Too many are drawing a straight line from an oversold market to a resumption of the Bull Market * The bond vigilantes are likely back... for good * The new regime in volatili...
... It was the changing market structure that set us up for and has exacerbated the schmeissing. Randolph Duke: Money isn't everything, Mortimer. Mortimer Duke: Oh, grow up. Randolph Duke: Mother always said you were greedy. Mortimer Duke: She meant...
"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring ...
Only buy these names if you like the fundamentals, don't count on these activist managers to make you money.
Amazon's Chart? Wow! And, don't know if the timing is right just yet for Chinese names.
* CAMPBELL SOUP'S MANAGEMENT CONTINUES TO SHOW ITS INEPTITUDE "This morning Campbell Soup has said in a press release that it is exploring the sale of businesses to pay down the large debt load that it only recently was laden with following the Sny...