Walt Disney Company (DIS)

202.20
12.00 6.40
NYSE
Prev Close 189.99
Open 197.31
Day Low/High 193.79 / 203.02
52 Wk Low/High 79.07 / 183.40
Volume 24.96M
Exchange NYSE
Shares Outstanding 1815.26B
Market Cap 341.32B
P/E Ratio N/A
Div & Yield N.A. (N.A)

Yesterday Came Suddenly

* I don't yearn or expect another yesterday, today. * Let it be... "Yesterday All my troubles seemed so far away Now it looks as though they're here to stay Oh, I believe in yesterday Suddenly I'm not half the man I used to be There's a shadow hangi...

This Market Tests The Trader and Investor

To succeed in this market requires a bold and unemotional process, a sense of "fair market value," a contrarian flare and nerves of steel. I reduced my long exposure today on an extraordinary, but not unexpected, gap higher in the averages. As I wro...

Sweat Emotion-less Trading

Rapid trading and investing moves require an emotionless and opportunistic state of mind. * And a willingness to move at the turn of a dime Three weeks ago I wrote in my Diary that you will be seeing much more trading activity from me based on the "...

It's Time to Begin Reducing Longs

* The top end of my trading range (2950) has been reached this morning * I have moved down to between small to medium-sized net long With the S&P spot (cash) market now at the top end of my trading range (2950), I have to stick to my discipline and ...

Playing Bullishly... For Now

* The bears' skepticism (and cautious market positioning) coupled with their collective cynicism towards medical and scientific innovation, and the inevitability of the curve's flattening along with an "all in" Fed, have fueled the market recovery f...

As the Market Gains...

Disney is now +10% from yesterday's purchase as the market advance continues. Boeing just caught a bid and FedEx (the other purchase from Thursday) is +6% from yesterday morning. Breadth has reversed nicely - 1700/1180 advancers to decliners.

As Covid-19 Spreads, Dividends Get Locked Down, Too

As Covid-19 Spreads, Dividends Get Locked Down, Too

Now, with retailers and related companies set to report, we likely will see more logs tossed on the fire that is dividend suspensions and quarterly dividend cuts.

The Smartest Guys in the Room

* Most admire Disney's remarkable business franchise * I do, too, but I have always really admired Disney's financial acumen I took a deep dive into the debt deal. $1 billion plus raised at about 1% after tax cost. Plus they cut the dividend to main...

I'm Getting Thirsty

* Making some moves now... I have added to . I am reestablishing long positions in $99.90 and $103.70. I am adding to and .   I covered a small amount of my $303 and $101.30 shorts.

A Tale of Two Markets

A Tale of Two Markets

I've been extremely cautious about the idea of building any longer-term positions and that appears to be good advice with the action today.

Waiting to Reestablish These Longs

, , and - all recent sales - are very close to or are under my buy levels this morning. I have not yet reestablished these longs - and will await some market stabilization. However, I have increased my holdings.

Jim Cramer: The Cost of Staying Closed

Jim Cramer: The Cost of Staying Closed

We can't wait for a vaccine, but we can follow logical guidelines for staying as safe as possible, helping us avoid another Great Depression.

Disneyland Demonstrates Theme Park Post-Virus Life in Shanghai

Disneyland Demonstrates Theme Park Post-Virus Life in Shanghai

With the first of Disney's 6 theme parks back open in Shanghai, will business get back to normal in the world that Walt built?

Fibocall: Trading Technical Texts

Watching Nonfarm Payrolls, Trading Roku, Negative Yields

Watching Nonfarm Payrolls, Trading Roku, Negative Yields

Trading volume is increasing with strong internals, but nonfarm payrolls -- reporting on Friday -- are expected to be abysmal.

Jim Cramer: The Hope Is Real

Jim Cramer: The Hope Is Real

I get this rally -- it's based on more than a breaking branch this time, but there are still many uncertainties.

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.