|Day Low/High||195.43 / 199.59|
|52 Wk Low/High||123.02 / 208.66|
I have been asked to comment on Salesforce.com , Real Money's 'Stock of the Day'. Salesforce's fiscal third quarter was exceptional - with accelerating organic growth (billings +23%, compared to +14% consensus, and nominal growth of +27% vs. +19% c...
In response to emails, I am a buyer of Square at $64, Twitter at $32, DowDuPont at $56, banks (down 2-3% from current levels), Facebook at $133, 3M MMM at $198-$199, VanEck Vectors Vietnam ETF (at current levels), Hartford Financial Services Group $...
The S&P 500 began the year selling at 18.2x forward earnings. It is now at around 15x projected earnings.
While I am now out of my long, I am still long all of my individual trading long rentals taken last week - including , , , and others.
Much of the market has already undergone a substantial correction, and there are some signs that the first stocks to correct are now finding some support.
There is no magic valuation level that supports high-flying stocks. They are driven by sentiment in both directions.
Retail, biotechnology and small-cap bounced, but there is no doubt that market players are skittish.
Focus on positioning for next week. The longer lows hold, the more inclined I am to add.
Though there's a pocket or two of softness, cloud capex growth remains pretty strong overall.
How hated do stocks have to be before they are too hated?
A few months ago I initiated a new occasional item called Dumbest Comments in the Business Media because over time I have observed that far too often the "talking heads" that are paraded in front of us are superficial, are not rigorous in their anal...
Following the precipitous drop in the indices on Monday and Tuesday (and the ensuing "adjustment" in my calculation of reward v. risk), recent adds and new positions late yesterday and this morning (all longs, no shorts) include: , , , , , , , and .
* Playing the oversold and low RSI reading I purchased a very small starter postilion in Facebook this morning.
Alarmist headlines about Facebook aside, the social media juggernaut still offers an avenue to make money.
The most valuable U.S. sports rights are generally locked up for at least a few years. Successfully bidding for Fox's regional sports networks would give Amazon a way around this issue.
The good news is that eventually this action is going to lead to some great opportunities.
Here's how Jerome Powell can stand down after this hike and not compromise the independence of the Fed.
* The market structure changes have brought on new and meaningful market risks * I am fearful of 'Portfolio Insurance (Part Deux)' in which "buyers who previously bought high become aggressive sellers selling low" * I am also fearful of the deterior...
The weakness we are seeing now is primarily technology driven. This is a market for making shopping lists and then staying patient.
A retest of the October lows seems almost too obvious but it is hard to dispute the possibility that it may occur.
We are all struggling to figure out when this rout ends.
With attractive technicals and hedge fund support NIO could grab momentum buyers into the holidays.
Our index of 30 cutting-edge companies fell ... but not as much as the Nasdaq did.
Just because a chart looks poor in one time frame doesn't mean it isn't favorable in a different time frame.
The market dynamic right now is to sell news, good or bad.
"We're all hurt someplace and we're all looking for a painkiller." -- Katherine, Looking For Mr. Goodbar As I have previously remarked there is an old trading adage that long trading opportunities often occur in stocks that are green in a sea of red...
Netflix has transitioned from bull to bear and further weakness lies ahead.
Shorts aren't shying away from the cannabis industry even after a series of squeezes.