Prev Close | 348.03 |
Day Low/High | 344.06 / 354.41 |
52 Wk Low/High | 106.14 / 353.02 |
Prev Close | 348.03 |
Day Low/High | 344.06 / 354.41 |
52 Wk Low/High | 106.14 / 353.02 |
Exchange | NYSE |
Shares Outstanding | 313.36B |
Market Cap | 109.06B |
P/E Ratio | 35.12 |
Div & Yield | N.A. (N.A) |
Shorts I am adding to: Starbucks ($57.04), Deere & Co ($135.19) and Caterpillar ($136.98).
* THE RETURN OF THE MARKET WITH NO MEMORY? "Welcome to the party, pal." --John McLane (Bruce Willis), "Die Hard" It should not be surprising that, overnight, futures (up by ten handles) have reversed some of yesterday's loss as extended and nearly u...
'"Or would you like to swing on a star Carry moonbeams home in a jar And be better off than you are Or would you rather be a pig" --Duffy's Tavern, "Swinging on a Star" (1945) I see downside market risk at about four times the upside reward. I don't...
I have added to the following shorts this morning: Caterpillar , Deere and Disney . Â CAT reported strong October retail sales activity this morning, but our continuing November channel checks indicate a slowing rate of gain. Â I re-established a la...
Our channel checks continue to point to a slowing rate of growth in agricultural equipment sales at the retail level. I added to my Caterpillar and Deere shorts late last week.
A key feature in the premarket that isn't being discussed much is the drop of about three basis points in the 10-year and long bond yields. Â The 10-year U.S. note is now yielding 2.38% and the 2s/10s spread is down by two basis points. Â I remain i...
More Technical Deterioriation  I thought this chart published this morning by the Divine Ms. M, Helene Meisler, to be an important one. It's a chart that indicates -- with only 55% of the New York Stock Exchange issues above their 50-day moving ave...
Review your portfolio to assess your exposure to and appetite for risk against an increasingly uncertain market backdrop.
"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...
Here's the key to generating returns on companies that actually make something.
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 am pressing my new shorts -- CSX , Union Pacific , Caterpillar and Deere .
I have added new small short positions in Deere , Caterpillar , CSX and Union Pacific . Â My fundamental rationale will be delivered in the next few days. Â Â
Here's the key to generating returns on companies that actually make something.
"If you work for a living, why do you kill yourself working?" -- Tuco, The Ugly: "The Good, the Bad and the Ugly" There was plenty of sector rotation today (but little overall movement), so let's move to the abbreviated Monarch Notes form of "Takeaw...
Boeing, Caterpillar and Illinois Tool Works are just a few of the companies benefiting.
For one thing, analysts now matter. Go figure.
"While options can give market participants the protection they are intended to provide, they can also increase the degree of a counter move, once it gets going, as those who wrote the protection scramble to unwind their own exposure." -- Kass Diary...
It is hard to listen to the rationalization of irrational thinking that has led in the past to unfavorable market outcomes.
"'A bull market is like sex. It feels best just before it ends.'" - Warren Buffett Excuse me for being redundant, but the following Jim Rogers quote that I posted yesterday underscores Mark Twain's famous quote that "history doesn't repeat itself, b...
This week's bullish and bearish reversal patterns.
What's wrong with the dollar?
Consumer and retail names weighed on markets again to end the week.
2 closes below the 200-day moving average line will prompt a more-bearish appraisal.
What to expect from Foot Locker, Estee Lauder and Deere earnings.
TheStreet's Action Alerts PLUS Portfolio weighs in on Thursday's trending stocks.
And if something doesn't go well in Washington, well, look for defensives.
The market rally broadened out nicely today.