|Day Low/High||135.00 / 137.73|
|52 Wk Low/High||107.32 / 153.41|
While today is certainly risky, and DIS has earnings coming up next week, I would look at today as an opportunity to put on a position in DIS that is somewhat longer term.
Chinese President Xi Jinping, not a man given to exaggerate, has referred to the spread of this coronavirus in China as 'a grave situation.'
* Sometimes it's that simple! Today we took the elevator down. We always seem required to find a reason for the market's action during the day -- it is the essence of the after-hours financial media shows. Most commentators have suggested that the m...
Be prepared for 'China' to become a one-word palliative to ease investors' worries about weak guidance for corporate earnings in the March quarter.
Disney is among the most liked companies in the world. It's shares are almost universally accepted as having "value" and being attractive over the long term. However, I have been, at times, a long term bear on Disney's secular prospects - and on mul...
Don't get me wrong. This is not a bad name, and the quarter reported is not bad by any means.
While some fear a crash like the one after 1999's party, I couldn't leave this market if I tried.
Netflix shares benefited modestly from a "better than feared" quarter in after hours trading yesterday. Nevertheless, my investment case to short the shares remains intact and I expect that gain to be lost in the days ahead. I added to my short on ...
I think we'll see that the choice between Netflix, Disney +, and Apple TV + isn't a zero-sum game.
We're divining the technical signs to find places to jump into VanEck Vectors Gold Miners ETF and Walt Disney Co.
I think we know, just based on the behavior of this Federal Reserve, that all things being equal a more normalized balance sheet is preferable.
The Disney+ effect, regional subscriber growth and 2020 content spending and free cash flow guidance are among the things to track as the streaming giant reports.
Digging into the data, the numbers do appear to be quite the mess.
One concern for traders and investors would be that the good cheer created by the development of this Phase One deal, as well as actions taken by the FOMC, are nearing or at the point where the headline risk points in the other direction.
Disney's chart continues to show some signs of rolling over. By contrast, FedEx (+$2.80/share yesterday) is a welcome upside surprise.
These names are well-positioned to benefit from the changing media landscape.
Let's dissect these two concepts that explain why we're rallying like we are now.
Fresh off the Golden Globes and heading toward earnings, here's how to play the unpredictable NFLX.
Thomas C Night of upsets at 2020 Golden Globes Once Upon a Time in Hollywood from Sony Pictures (NYSE: ) and 1917 from Universal (NASDAQ: ) took home the top prizes for best picture in their respective categories on a night packed with upsets at th...
What you have is a geopolitical event that markets were not positioned for.
Expect the new to be old, and the bad to be good -- and Apple and Tesla to be real snoozers -- this year.
Some market highlights today (in my book): * Kraft Heinz sneaking back to the old highs. *Cronos Group and Canopy Growth Corp (a helluva trade off of the morning lows) are cannabis leadership. * Cannabis spec basket still ++. * The iShares Barclays ...
I added to my Disney short on Friday as noted in my Diary. Away from the fundamentals (and lackluster profit outlook), the chart doesn't look too sporty.
My caution perhaps stems from what for the most part appears to be rampant success in 2019 that leaves a high bar for 2020.
The charts and indicators of the entertainment giant present a bullish case,
* I am remaining short Disney Formulas (especially of a movie-kind) don't last forever.