|Day Low/High||21.30 / 22.55|
|52 Wk Low/High||17.12 / 33.66|
The uptrend that technicians would have confirmed as late as last Wednesday, or even Thursday around mid-day, is now clearly a market in correction.
For the major indices, Wednesday offered up a dangerous bearish reversal.
And stay away from under-capitalized, over-indebted shale producers that face pressure to limit capital expenditures.
Consumer Discretionary stocks were the hottest on Wednesday, though all eleven sectors easily finished in the green.
Sometimes mergers and acquisitions are so good they start paying off right away.
Straying from these names could land you in quicksand as the 4th quarter begins.
There are attractive upside opportunities among select media stocks, according to several experts.
The cable giant's current multiple is half its average P/E during the eight years from 2009 to 2017.
Kaboom !! What on earth is going on with Disney ? There shares have traded above 107 today, and are still up roughly 2.1% at 106 and a half-ish. I am sort of stunned. Not complaining, but sort of stunned. I just took a profit on roughly 40% of what ...
Rough, tough, can't get enough. Some of you know the rest. Some of you don't. Either way, you're here... your best pal, the Sarge, is back in the saddle subbing for the mighty Doug Kass, so let's button down those jerseys, tape on the foil and wade ...
The judge's approval set off a chain reaction that reverberated across the media and telecom industries.
Indicators are in flux for media company for now, but a path will emerge on a move above $25 or below $21.
Many market conventions are falling by the wayside in this wildly bullish market.
The landscape for media/entertainment companies is changing quickly.
Discovery now holds a 70% stake in the company.