The Walt Disney Co. (DIS)

122.18
3.43 2.89
NYSE : Consumer Services
Prev Close 118.75
Open 119.99
Day Low/High 119.32 / 122.45
52 Wk Low/High 79.07 / 153.41
Volume 12.56M
Avg Volume 22.51M
Exchange NYSE
Shares Outstanding 1.81B
Market Cap 214.53B
EPS 6.70
P/E Ratio 51.86
Div & Yield N.A. (N.A)

Key Takeaways

I am back - it appears the main line water leak is bigger than I thought (so it will be addressed at 7:30 am tomorrow morning). Today's market action seems so-so, with Qs (Nasdaq) over Ss (S&P). I just added to at $220.35. Though new highs expanded,...

Apple Stock Has Become a De Facto Money Market Fund

Apple Stock Has Become a De Facto Money Market Fund

Here's what I'm trading amid the choppy action.

I'm a Buyer of Disney on Any Further Weakness

* Given my market and economic concerns I am a $90-$95 buyer * If one subscribes to a more optimistic outlook I would buy the shares at current prices ($99) * My 12 month price target is $115-$120 * My intermediate term price target (two years) is $...

Act Like a Trader, Digging Into Disney, a Name In the Clouds

Act Like a Trader, Digging Into Disney, a Name In the Clouds

Disney's trajectory could provide a blueprint for the reopening of travel and leisure -- and how investors react.

The Mouse Isn't Roaring

* But a buying opportunity may shortly be at hand With the benefit of hindsight, I was very fortunate to have sold my entire large Disney position for a good-sized profit at $111-$112 late last week. The shares are down $3.30 to $97.75 in the after ...

Disney Earnings Become Finale to Day's Trading Action

Disney Earnings Become Finale to Day's Trading Action

Fear of missing out led to a climb higher, but within 45-minutes before the close buying began to fizzle.

No Drama Here: Disney's Disappointing Results Are a Non-Event

Not surprisingly, Disney missed both the top and bottom line. The Covid-related losses/costs were somewhat higher than I expected -- but not materially so. Subject to any surprising news released during the conference call (beginning shortly), I sus...

From the Street of Dreams

I sold out my Disney position late last week at $111.50. The shares were recently trading at $103.48. This morning Rich Greenfield downgrades Disney to sell ($85 target) as leverage could hit 5x as earnings plummet: Downgrading Disney to SELL $85 Ta...

Dealing With a Broadening List of Uncertainties

* A further look at Warren Buffett's actions suggests that there are more uncertainties today regarding the trajectory of economic and profit growth than existed in March, 2009 * Stocks may have a short term bias slightly higher (bearsh positioning,...

Buffett's Great Airline Escape, Tech Leadership, ECB Wiggle Room

Buffett's Great Airline Escape, Tech Leadership, ECB Wiggle Room

Don't just follow the herd, time your exits and entrances well -- even if it is a big player like Warren Buffett that is leading the charge.

Your Best Tool for Managing Market Risk Is a Stock Chart

Your Best Tool for Managing Market Risk Is a Stock Chart

I've recently discussed Disney as a stock some investors may want to own for the potential of a long term recovery. Let's review the chart.

Wrapping Up a Busy Week

Thanks for reading my Diary today and all week. It's been a long five days and I am going to sign off early. This has been a difficult period for many and I have tried to unemotionally explain how I am navigating and coping with the markets (and lif...

Covering My SPY Short

* As the expanding delta in my large SPY put took me to a too large net short exposure * Let me explain... At 1:30 pm the major indices are basically at their lows with the S&P Index -88 handles. The declines in individual stocks from only yesterday...

Jim Cramer: Hedge Funds Meet Their Match

Jim Cramer: Hedge Funds Meet Their Match

I know that some funds actually lost their whole year or worse, because they stayed short and were forced to cover these shorts.

Good Sales

Good (full) sales in , , , , and yesterday. For more, see my opener from this morning.

A Time to Plant And a Time to Pluck Up That Which Is Planted

* Mission accomplished? Sell in May and go away!  * In scope and duration, stocks have rallied in a manner rarely seen in history * Month-to-date April has been the best month for equities since 1974 * The S&P Index has climbed by +31.4% since the M...

Disney

Finally (!) Disney (+$3.50) gets jiggy.

Mo' Buys

Adding to , , (speculative) - these stocks, according to my calculus, are selling at 2000 S&P equivalent prices. I am also bidding for packaged food names.

Netflix Is Hot, So Is It Time to Chill? Yes and No

Netflix Is Hot, So Is It Time to Chill? Yes and No

Buyers of the streaming giant's stock before its recent run higher would do well to book some profits while retaining of a big chunk of this winner's shares.

Here Are 3 Investment-Grade Corporate Bonds With Strong Franchise Value

Here Are 3 Investment-Grade Corporate Bonds With Strong Franchise Value

I'm focused on buying longer bonds, mostly in the 10-year maturity range.

Today's Action

We are a tad off the day's high, good market breadth. Nice move in which I put on my Best Ideas List yesterday.  +7% and up a beaner. Energy stocks strong with leading with a +8% gain. and +.  up another +$3 to $72.50! By contrast, financials are we...

The Mouse Roars

* And Twitter Tweets Yesterday I postulated that the strength in Netflix's sub adds could have a collateral and positive impact on Disney : "Netflix's (NFLX) sub adds doubled expectations -- I suspect in a more stable stock market that could help Di...

Netflix Has the Spotlight

Thanks for reading my Diary today - I hope it had some value. Netflix's sub adds doubled expectations -- I suspect in a more stable stock market that could help Disney's stock over the next few days.  Enjoy your evening. Be safe.

There's No Reason to Believe That Stocks Are Heading Up From Here

There's No Reason to Believe That Stocks Are Heading Up From Here

I've been suggesting for a while that there is no rush to buy long term holdings.

A Disney Trade If Florida Opens Soon

Break in! I have it from reasonable sources that Florida will shortly reopen the State - my guess is by next Monday at the latest. Perhaps as early as Saturday. This is the first step. If I am correct there is probably a good trade in Disney (now at...

Disney Is Popular on Robinhood: Is Now the Time to Buy?

Disney Is Popular on Robinhood: Is Now the Time to Buy?

Technical analysis and trading strategy on beaten-down Disney stock.

Jim Cramer: 10 Stocks That Millennials Should Own

Jim Cramer: 10 Stocks That Millennials Should Own

A look at some names that Robinhood brokerage CEO Tenev tells us young people are buying.

How to Trade Netflix Going Into Tuesday's Earnings

How to Trade Netflix Going Into Tuesday's Earnings

I think we can look at two items more so than actual financial performance, which should be solid.

My 3 Amigos Are Cautious/Bearish

* Danielle, Tony and Tobias continue to wave the cautious flag * And so do many others! * After the two biggest weekly gains since the 1930s, this is a good spot for stocks to back and fill * Sticking with my long book with an eye on the intermediat...

Behavioral Change and the Economic Recovery

Behavioral Change and the Economic Recovery

And when it comes to gyms and fitness, I would much rather be long Planet Fitness than Peloton. Not even close.