|Day Low/High||182.36 / 185.10|
|52 Wk Low/High||123.02 / 208.66|
Central banks keep coming into to support markets, but this is going to be a volatile week.
The chip stock surge at the week's end shines a light on just how pessimistic some investors had been as earnings multiples fell to rock-bottom levels last year.
It's going to be one hectic week.
Tencent, one of the two largest Chinese video game makers, is set to rise after winning a license from the Chinese government to roll out new games.
I have received a number of inquiries about whether profits should be taken in Goldman Sachs , which is now over $201 and nearly $40 higher than when I made it my favorite large cap stock for 2019 at $163/share. Here is my GS thesis. GS and are my t...
* I have no clear view on semi fundamentals * We may be getting the momentum boys back into the chip names (which is disturbing) * But, we should once again learn from the dramatic drop in share prices of former market darlings. Semiconductor shares...
Against an already uncertain backdrop, Intel emerges with unique issues.
Shares of the giant chipmaker are up on indications that a bottom may be building in the semiconductor sector.
The restaurant stock had a lousy 2017, but the value play since has made a big comeback and outpaced the FANG quartet.
If you are investing in individual stocks you have to do individual research. It's that simple.
As uncertainty increases, expect greater demand for safe haven assets.
Netflix has been underpricing its product in order to hook subscribers on its terrific content.
Facebook is, again, "the world's fair!" Up by another +$4.30/share today to nearly $150. FB was placed on my Best Ideas List on November 29, 2018 at $137.50.
Today was a great day for the home team. The indices declined (I am short large ) while selected securities shined (e.g., banks and brokerages). Facebook is continuing its roll off of the bottom and even Kraft Heinz is having a dead-cat bounce. Than...
It sure felt like that after listening to Citigroup's robust conference call this morning.
Booyah to my two favorite large cap contrarian picks for 2019 - universally hated Goldman Sachs and Facebook . The two stocks continue to exhibit market leadership.
Where are we headed in 2019? The independent research firm's equity analysts offer their prognostications for the year.
Plus, a resolution of the government shut-down needs to happen soon.
It's time to reconsider Facebook, Apple, Amazon, Netflix and Alphabet/Google in the New Year.
In December I highlighted my two contrarian large cap picks for this year - Goldman Sachs and Facebook . GS traded great off of the Christmas low and, not surprisingly, is giving a little back (-$1.40) on profit taking. FB continues to trade higher ...
For the second time in two weeks we saw over 90% of the volume on the upside.
First off, in full disclosure, I am flat the name right now.
Sorry, purists, but the market has become downright dysfunctional on a regular basis.
After two chaotic days, Wall Street is trading relatively calmly, creating opportunities for individual names to show life.
Whether this is the end of the slump is still up for debate, but the crash since October has been brutal and all bear markets end the same way.