Facebook Inc. (FB)

Deepening economic, trade and political concerns spelled doom for the markets today. * Ignoring the message of the bond market and the slope of the yield curve is not a particularly good idea, and I am always surprised when people disregard these tw...

Though, in general, downside risk may dwarf upside reward, given the uncertainty of outcomes (for now) I really like the idea of having a long portfolio of stocks, with an intermediate term time frame, hedged with out of the money and puts ("I got g...

As we get ready for the market day ahead, here are some items hitting the tape that have caught my attention:  U.S. Steel has acquired a 49.9% ownership interest in Big River Steel for about $700 million in cash, with a call option to acquire the re...

I continue to average down in Boeing , Amazon , Facebook and Alphabet .

* As the "news" is out It is my view that now that investors recognize the WeWork disaster and are being turned off by a succession of unprofitable IPOs, we can begin to consider buying the growthy and disruptive stocks (with deep moats and large ad...

Boeing , +$4 from this morning's lows, is trading quite well. (As posted, I added into the early weakness). I have moved to a large long position. I have also added to Facebook , Alphabet and Amazon .

S&P futures are now +30 handles above the morning's lows. As noted, there have been breathtaking reversals in Amazon , Facebook , Twitter and Google -- and many other equities. While I believe the market is fundamentally overvalued, in a "newsy" bac...

* Mr. Market is a dynamic and complex mosaic - providing opportunities on both the long and short side For those that think me dogmatically bearish, a Cassandra (if you will) - consider my moves today. Besides my short covers ( and ) and put sales, ...

* The Presidential election will likely provide a strong backdrop to greater Twitter usage and continued advertising penetration in the 12-18 months ahead * The 2020 Election may soon be viewed as "The Twitter Election" * I expect (and am hopeful) T...

* 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...

I added further to my long but that was it for my trading today. (VXX is my Trade of the Week) At 3:20 p.m. the indices are more or less where they opened. Breadth was only modestly negative. FANG got walloped, banks were only modestly lower (a "win...

* I continue to trade opportunistically and unemotionally - with a calculator in one hand and a contrarian viewpoint on the other hand * The overnight +20 futures rise (China trade-related) has been reversed to a gain of only 3 handles by 6: 30 am *...

* makes a new high and I am sticking with my small long investment position. * , a recent buy, is up another $3 after climbing by nearly $4 yesterday. Holding on. * also on a tear, up by over +$33. Though its been an amazing multiple day upturn I am...

As posted, I have been using the recent weakness in several of the FANG stocks to add to my longs. Facebook , one of those favorites (and purchased), is up around $5 in the trading session after being dormant over the last few days.