|Day Low/High||91.14 / 92.72|
|52 Wk Low/High||46.81 / 93.70|
"On Tuesday, it was as though a light bulb came on for so many market players. I call it realization day. It's the day they realize the market has a breadth issue. Not only was my inbox full of folks who wanted to discuss it. But my Twitter timeline...
I have just returned to my office from this afternoon's presentation. (I have a day full of meetings tomorrow, as well). I haven't had a chance to fully parse the Dillard's report -- but it looked good. The shares were up smartly during the regular ...
I have added new small short positions in Deere , Caterpillar , CSX and Union Pacific . My fundamental rationale will be delivered in the next few days.
It may seem daunting, but there will likely be opportunities to scoop up well-positioned companies.
Most of our indicators suggest CSX is not going anywhere, for now.
Morgan Stanley downgrades Union Pacific and CSX based on weaker-than-expected auto and coal deliveries and lower pricing realizations.
A gap is just ahead, while all-time highs are not far off either.
The hurricanes are interrupting the decline of some very important business cycles.
The economy and bull market are both long in the tooth heading into what is typically the most volatile time of the year.
Wall Street holds mixed mid-week after a short-lived rebound earlier in the day.
Prices have traded higher in recent days but remain, so far, below the declining 50-day moving average line.
It has slowed on the daily chart, but the weekly one shows there's more to go.
Rallies led by the financials and backed by the transports are rallies that have genuine staying power.
After 90 minutes of trading here are some market features: * Bonds are getting schmeissed. The 10-year U.S. note yield is close to 2.32% and the long bond is knocking on the door of 3.00%. A possible equity market headwind. * Retail still has a ni...
Rail and airline stocks are seeing a shocking obliteration.
I finally understand the causation today! Kidding. I find it interesting that Microsoft had a large top and bottom line beat but the shares are basically flat after gapping higher. Also, note the weakness in transports (for the second day in a...
The Nasdaq and S&P 500 ended at records for the second day in a row.
A weak Rail sector -- CSX and Union Pacific -- in line with my domestic economic concerns.
OK! Lunch is done and we've got about two hours or so until the post-market reporting fun begins. With that in mind, let's take a look at which companies are on deck later today when it comes to earnings. We've got just over 15 companies reporting a...
Yellen's comments contribute to stocks as GDP expectations slip.
"I'd unravel every riddle for any individ'le, In trouble or in pain. With the thoughts I'd be thinkin' I could be another Lincoln If I only had a brain." -- "If I Only Had A Brain" (Harold Arlen and E.Y. Harburg), from "The Wizard of Oz" I believe I...