|Day Low/High||45.58 / 46.35|
|52 Wk Low/High||40.70 / 57.54|
It's still not a stock picker's market, but have a list of names ready to perform amid the coronavirus crisis.
I have no false illusion about striking it rich in this name, but a staple such as this can have a place in my portfolio.
If this group begins to outperform, then I'd use it as an indication of caution.
Here again is my approach and my three stock groups: 'rebound', 'revenue' and 'virus'.
I would posit that when we see the excitement around General Mills and Campbell Soup wane, we'll find more stability in the market.
Imagine not taking action to make commerce as liquid as possible ahead of a pending national crisis, because one was afraid to be perceived as panicked? The Fed was far from cowardly on Tuesday.
The overall tone of the charts and indicators are constructive.
Buckle up for what is likely to be another eventful five days.
Plus, checking in on the yield curve, the Put/Call Ratio, political gamesmanship here and abroad, and a handful of tech names.
Shares of the 150-year-old Campbell Soup Company have increased 45% year-to-date, and investors are fed a hearty serving of dividends.
Our latest trading strategy on CPB shares.
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.