|Day Low/High||116.21 / 119.44|
|52 Wk Low/High||79.07 / 153.41|
* At least for an afternoon! Some takeaways on the day: Equities peaked at around 11:30 a.m. and started a steady retreat that intensified late in the day. Market breadth was 3-1 negative. The S&P 500 fell by nearly 40 handles from the day's high. ...
Plus, a closer look at Thursday's late-day rally and at actions impacting the nation's big banks.
A reader asked me if NFLX deserves a market cap of $200 billion. Here's my answer.
After state officials indicated they were not planning to issue guidelines to reopen theme parks until after July 4, Disney announced it has delayed the planned July 17 reopening of California's Disneyland resort. Tokyo Disneyland is set to welcome ...
The market may be able to handle it due to a determination to reopen the economy and unlimited liquidity.
This morning I moved from small net long to between small and medium net short in exposure: * I have covered my short calls. * I have moved my long to large. * I have initiated an short. * I have added to my individual stock shorts: 1. Added to and ...
There are stocks for people who believe we're roaring back, those who are hiding out from the virus, and those fearing gloom and doom. But here are the ones I'd give a workout.
* After "playing" the rally off of the March lows (with plenty of longs) I have recently (again) gotten net short of exposure To summarize some my recent activity: * I took off numerous investment longs (for profits) into the rally -- including , , ...
Confused by Wednesday's late-day trading action? Some on Wall Street who were too.
* Fundamental concerns and weakening technical signs might be converging now In the last few weeks and days I have eliminated all my equity investments in my personal pension plan, I have personally shorted S&P futures (at 3202 Monday night), I have...
"Admitting a mistake is not a weakness; on the contrary, it shows an openness of your heart. It takes guts to say sorry. Only a strong and well-balanced individual with clarity of mind can do so effortlessly. Taking responsibility for your actions r...
I have always felt right or wrong that LUV was better managed than maybe were some other airlines.
I don't expect a break up to be announced anytime soon. If that were to happen, I'll add at least $300 to my target price. No joke.
Danielle DiMartino Booth on China: Some of China's top Asian trading partners' May PMIs significantly underperformed the rest of the world, with Japan, South Korea, Australia and Taiwan weakening further; all four of these nations have close tradi...
Nineteen Sixty-Eight was often considered to be one of the most turbulent and traumatic years of the 20th century in the U.S.
We are now in one of those times, like 52 years ago in 1968, that we and our children will always remember. Many of us have spent the weekend watching America burning in despair. As I write this missive, an extended portion of I-95 (in Palm Beach) h...
Though possessing a good content library, HBO Max's pricing and device support work against it, as do a couple other things.
* I have liquidated a lot of my long positions and have been averaging into Index shorts lately * I worship at the altar of fundamentals and not of price momentum * Monday I will present a more lengthy analysis of my concerns over the balance of 202...
I don't recall a time when more traders and investors have felt as poorly positioned than they do right now.
Market players are trying to navigate the rotational action.
WDAY looks ready to break out as traders weigh wether markets are now overbought after this 2-day run.
It's about HBO Max, what to do with DirecTV, and the sustainable dividend yield.
So what's the narrative? Simple: the recession is ending, it turned out to be a V recession and recovery after all.
The S&P 500 Index Committee has work to do as it decides which companies remain in the index, and that could impact whether some remain Aristocrats.
Roku reports seeing major viewing growth for ad-supported news and entertainment content, and PayPal suggests its remittance business is hitting an inflection point.
Video gaming has been a beneficiary of the 'stay-at-home' theme during the Covid-19 pandemic.