|Day Low/High||84.26 / 85.64|
|52 Wk Low/High||84.96 / 120.37|
Shares are pushing above $100 today, which should trigger some momentum traders coming into the name based on this breakout above resistance.
Let's look at our Cash-Strapped Consumer investment theme for opportunities.
The banks are parking large amounts of dough at the Fed every night. Last Friday's number was the highest single day total since 2017.
Top investment experts highlight their favorite ideas among big box retailers and discount stores.
Among other things, the president works to align Democratic senators to support his massive Covid relief bill.
Brixmor Property Group should have ample fire power to meet its new dividend commitments as vaccines get rolled out.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
If DLTR does pullback in the next few weeks, aggressive traders should consider that a buying opportunity.
I am talking about themes that can stand the test not of today, or tomorrow, but for all of 2021 and beyond.
Equity markets have run wild since Oct. 30, and it is the more economically sensitive indices that have really taken flight.
If financial markets any indication, a lot must be expected from Fed Chair Powell Thursday morning. Plus, two guys to never bet against.
You can bet on black, which is instant vaccine, or you can bet on red, which is the shutdown non-economy. Both have variants.
Let's go over the confluence that allowed us to advance after a brief dip down in the morning.
Both were greeted with derision and a cascade of selling from the flock of disappointed souls. I'm going the other way, the way history tells us to go.
The Fed and Treasury are set on avoiding the mistakes that doomed us in the past, and we have to invest for this new market we're in now.
WDAY looks ready to break out as traders weigh wether markets are now overbought after this 2-day run.
For active traders, there will still be some opportunities on the buy side with some countertrend trades.
It's online, off-price, or nothing in the time of the coronavirus.
I'm apt to sit this one out on the long side or even consider puts below $80.
DLTR tells us up front that their forward outlook doesn't include any impact from the spread of the coronavirus on supply chains nor consumer demand. That's unrealistic.
The charts of DLTR turned bearish long before the coronavirus became an "issue".