|Day Low/High||55.10 / 56.11|
|52 Wk Low/High||40.44 / 60.52|
Let's check out a couple of charts of DOW.
Most important is that the Fed felt the need earlier this week to expand it's minimum offering for overnight repo operations, while also increasing the 14 day repos.
Dow chemicals are finding a bottom, higher-yielding stocks are trading well, macro is improving and the consumer is getting stronger.
On the biggest day for earnings reports in the S&P let me give you my scorecard to date so you know which pile your stocks might land in.
Large-cap equity indices over a month have churned on lackluster interest outside of the high-frequency crowd, and the trucking and rail sectors are outperforming the indices this month.
Wise investors should stick with those equities and stay away from high-yielders with no protection, like the MLPs.
* Only three of eleven S&P sectors are viewed as attractive * I am in a risk off state of mind. Back in 2015 I instituted a new regular feature called "Sectors," in which I periodically offered my short-term (6-12 months) price outlook for each of t...
Algos think short term, autopilot is not the best way to invest for the long term, especially when it goes against Warren Buffett.
Here we go folks, a sampling of this morning's upgrades, downgrades and initiations. I'll be back with some thought on these after I get another cup of my morning fuel (coffee). Upgrades Sprint by UBS from Neutral to Buy with a $10 price target Res...
Another strong day from U.S. equities. Of course one might not know by looking at the Dow Jones Industrial Average, as the blue-chip index only realized a gain of 0.2%. Dow Inc. and 3M Co. weighed on performance. It was yet again, the Russell 2000 (...
With a third of S&P 500 stocks having reported, these 3 trends are coming to the fore.
We can only hope that Fed Chairman Jay Powell is checking in with power companies and other industrials to see how tariffs are really decking parts of this country.
Here's the only way to explain why stocks jump like mad if the companies underneath them only perform slightly better than the analysts worried they would.
Less than 30 minutes to go before the market open. Futures are mixed in the pre-market. Tesla Inc. is likely to be one of the most active stocks in trading here on Thursday. The shares are down more than 10% before the market open and should be a he...
That's Better Than Feared vs. Worse Than Feared when it comes to these companies' latest reports on a big day for earnings.
Watch closely as the government opens a broad antitrust investigation into unidentified leading online technology platforms
The problem is that the Fed's mission has moved beyond their mandate.
Recently spun off Dow Inc. sports an attractive dividend yield and valuation.
Mr. Market re-embraces the cyclicals today ( , , , etc.). This may support the notion that I am on the right track with my bond short.
Leave this market? Damned if you do and damned if you don't.
With 60 minutes to go: * The S&P has just broken the day's lows - following the pattern of early strength and late in the day weakness. * Breadth: 1200 advancers, 1750 decliners. * The economic message of lower bond yields is growing louder. * The 1...
* I was a cycle early in this one! Yesterday I wrote: "I am taking off DOW and DWDP for a loss. Given what I see as a deteriorating U.S. economy, I believe there will be little in the way of earnings progress to support higher prices for either of t...
Today's trades included the purchase of and near-dated puts, and more shorts put on in Semis ( and ) and Asset Managers ( and ). I added to my large long. I liquidated my holdings in , and . As a result, I raised my net short exposure of my portfoli...
I am taking off some longs given my increasingly negative market view, including , and . If you don't share my ursine view you might consider retaining the positions. I am taking off LYFT for a small profit . I am taking off DOW and DWDP for a loss....