| Prev Close | 44.43 |
| Day Low/High | 44.80 / 45.42 |
| 52 Wk Low/High | 26.71 / 49.86 |
Fastenal Company (FAST)
45.04
NASDAQ
| Exchange | NASDAQ |
| Shares Outstanding | 574.05B |
| Market Cap | 25.51B |
| P/E Ratio | 30.43 |
| Div & Yield | N.A. (N.A) |
Latest News
We'll Be Checking on These Corporate Earnings Next Week
Next week the June quarter earnings season maelstrom kicks off with 115 companies, including 32 S&P 500 constituents, reporting their latest quarterly results. In recent days we've seen a number of companies up their outlook for the quarter but we'v...
Fastenal's Charts and Indicators Are Constructive: Here's Our Strategy
A look at this industrial supply and distribution company after the release of its first-quarter numbers.
Inflationary Concerns, Banks Report Earnings, Netflix Soars: Market Recon
I did warn publicly back in another epoch that quantitative easing would lead toward increased consumer level inflation.
Housekeeping Item
I covered a small short today for a modest gain.
Liquid
For those that are keeping score, I am very liquid today... Longs: , , , , , , , , , , and Shorts: , , , , , , , , , and __________ Long FDX (large), GLD (small), KSS, KHC (large), PZZA, TWTR (large), VIAC (large), M (large), GE (small), C, BAC, W...
Bull Market, Treasury Notes and Green Investing: Market Recon
BlackRock's doin' it, Microsoft's doin' it, so all traders should think about ESG-based investing.
My Takeaways: A Noisy Monday
Monday saw another (albeit small) market advance -- with a narrow trading range. It was good action for the bulls considering the incremental trade news. Also, we heard a lot of noise but nothing definitive: * Breadth was negative -- with around -40...
New Buy (and Short) Levels
* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." - Walter Deemer "When the t...
My Recent Trading and Investing
I was quite active in my trading and investing over the last two days (while I was on the West Coast and not writing in my Diary). Here is a summary of my actions: * I have added to my private equity shorts - (a new position) joins . * I have reesta...
An Optimistic Note
"Power is okay, and stupidity is usually harmless. Power and stupidity together are dangerous" - Patrick Rothfuss, The Name of the Wind The S&P 500 futures continue to be up just a tad over 1% in pre-market action. Looks like we still start the day...
Chinese Sweet Talk, Banks Perk Up, and a Swing at Cintas: Market Recon
Plus, a look at the uncertain prospects for a Saudi Aramco initial public offering.
Rethinking Monetary Policy, Oil Rises and an Amazon Options Rush: Market Recon
But trading calls and puts in Amazon requires you to know your risk tolerance big-time.
The Book of Boockvar
More on Powell from Peter Boockvar (note his comments on Fastenal , a long term investment short I frequented discussed in the past as an excellent proxy for U.S. manufacturing): The main worry I have with the Fed and what could be a cycle of rate c...
FOMC, Q1 Earnings, Brexit, IPOs, Disney Investor Day: Market Recon
Nations will never abandon the debt super-cycle that they have created unless there is a public loss of faith in fiat.
Earnings, the Fed, Government Shutdown,Trading Microsoft: Market Recon
This shutdown is starting to feel different from those that we have experienced in the past, is it not?
Listen Carefully for These Clues of an Economic Slowdown
Here are tools for gauging the state of the U.S. and global economies and how they could impact the markets.
Night Moves
"Workin' on our night moves Trying to lose the awkward teenage blues Workin' on out night moves In the summertime And oh the wonder Felt the lightning And we waited on the thunder Waited on the thunder." -- Bob Seger, Night Moves Overnight the S&P ...
Dumbest Comments in the Business Media
"More recently (of two days vintage), a biz media commentator and a "talking head" on CNBC - after the Netflix beat and initial sharp share price rise (which has now been aborted) - both confidently said, this week, that the earnings report would be...
An Open Letter to Larry Kudlow
"We believe that free market capitalism is the best path to prosperity!" - The Kudlow Creed Dear Larry, You and I go way back - we have been friends for many years. I deliver this letter to you out of respect and in recognition of that friendship. I...
Doing Some 'Housekeeping'
I have covered my small Fastenal short at $51.60 just now. The shares are -$4 on disappointing earnings. I am also taking the stock off of my Best Ideas List (short) as I have other short "fish to fry."
Let's Focus on China and a Potential Cold War of a Trading Kind: Market Recon
We consider possible impacts of an extended trade war, which Alibaba's Jack Ma thinks could last 20 years.
What to Watch Wednesday
With today's trading over and done, let's turn our gaze to what awaits us Wednesday. On the earnings front, it's a pretty light dance card with only industrial and construction supply company Fastenal and payment technology company USA Technologies ...
My Book
Here is a list of the positions I own (long and short) that have been mentioned in my Diary: Longs: puts, large, small, , small, , large, , small, , , small, large, calls, TWTR large, small Shorts: SPY calls, SPY Large, , small, tagends, small, smal...
My Book
Here is a list of the positions I own (long and short) that have been mentioned in my Diary: Longs: puts, large, small, , small, , , large, , small, small, small, small, large, large, small. Shorts: SPY calls, SPY large, large, small, tagends, smal...
