|Day Low/High||77.84 / 79.09|
|52 Wk Low/High||37.75 / 80.19|
Emerson Electric looks set to rally further in the coming days, according to the charts and indicators.
Earnings are coming, and I suggest waiting at this point on the ones that are up, but buying those that are flat to down.
The buyers have decided that the researchers and doctors are going to beat the virus, so you better get on board or miss the move.
EMR is a storied company with a long history of generating steady growth year after year, regardless of the broader economic outlook.
Let's look at the stocks that will get crushed and that you can't touch right now.
Beyond energy markets and the potential for ancillary fall-out, the S&P 500, and this may be more important from a technical viewpoint, failed to hold that 50 day SMA.
More than 450 quarterly reports are on tap, including 105 S&P 500 constituents.
Several U.S. companies could benefit as Wuhan and the rest of China appear to open for business.
Let's check out the charts of EMR to see if there might be more risk ahead.
At least days like today, when we're told the coronavirus has 'peaked,' show us exactly where the coiled springs really are.
I don't think any of the takeaways have to do with the political mess in Iowa, nor the 'State of the Union' address scheduled for Tuesday night.
I have been among the most wary of China and its ability to change. I remain that way. But the U.S. got more than I ever thought.
The purpose is not to shake you out, although it can feel like that; here's what's really going on.
Investors must understand that the narrative around trade with China has evolved as the two sides work on a 'Phase One' mini-trade deal, but this is about much more than that.
As the indexes touch all-time highs, remember the challenges thrown at us lately are typical of what bull markets thrive on.
Disney, Qualcomm and Square are among 75 key reports we are watching.
These five stocks have shared more than 60 consecutive annual dividend increases with their respective shareholders and their current dividend yields are greater than that for the S&P 500.
Let me give you the items I want to see before I bless buying anything in what has become a plain, out and out, treacherous market.
Let's see what the charts and indicators tell us.
It's easy to get fired up over fear, rumors and headlines, but don't make bad decisions without good data and research.
Steadily, the once-revered markets of Brazil, Russia, India and China have become hazardous places to do business.
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.
Trade deal or no trade deal, the charts of Emerson Electric are not encouraging for its shares.
Talks between Washington and Beijing unlikely to end tariffs, but what would be worse? If the Fed chief dropped his guard on a single tweet.
Only economists and pundits seem to be worried about a pending crash that might never occur.