|Day Low/High||184.41 / 189.50|
|52 Wk Low/High||123.02 / 218.62|
There couldn't be two worst analogues to what we have going on this year than those two data points.
An owner of radio stations, a homebuilder and a wellness company still offer value even after the broader market's run to record highs.
Wednesday's positive open on Apple's surprise earnings beat is complicated by the FOMC interest rate decision in the afternoon.
Portfolio managers are exercising their First Amendment right to do incredibly stupid things.
Among other things, the social media giant's F8 conference announcements show that it's serious about better monetizing its messaging apps and tapping into Instagram's e-commerce potential.
Forget Elon Musk. My beef is with Alphabet CFO Ruth Porat.
Alphabet/Google was nearly everyone's favorite "value play" in FANG. However, unlike Amazon and Facebook , Google's first-quarter release failed to meet expectations. As I warned yesterday, the shares of Google were elevated and "priced to perfectio...
Stay focused on managing individual positions and stick with the up-trend as long as possible. Do not try to anticipate a market top.
Here are my key observations on the day: * Another day of market strength (I would describe it as a "deliberate" rise) with good supporting breadth (1,825 advancers/1,100 decliners at 3 p.m.). * With an hour to go in the trading session, stocks sit ...
'Rookie buying' ahead of the print can get you in trouble.
Now that three companies have touched the vaunted $1 trillion valuation level, Alphabet's earnings could be a catalyst to add a fourth.
The price action of individual stocks is the canary in the coal mine that will tell us when there are some problems developing.
I have been preaching that we need to stay focused on price action more than anything else. This week was a particularly good illustration of why.
It is easy to argue that this market should be rolling over but it is not and that means we stick with what is working which are long plays.
There are still dip buyers jumping on intraday weakness and the indices are staying above key technical levels.
Intel is often a more important market leader than the FAANG names.
Azure and Office 365 were far from the only Microsoft businesses to show good top-line momentum last quarter.
With an hour to go, here are my key observations on the day: * Another smart rally off of the day's low (such a resilient market!) but not accompanied by a revival of breadth (which is now 1,175 advancers against 1,760 decliners). * Bonds rose by 1-...
The Amazon report is going to provide us with some very strong evidence of whether a short term top may be developing.
Facebook isn't finding many fans for its home device.
Ad dollars keep coming in for the Zuckerberg-led social media leader.
Something is amiss, as macro asset classes are pricing a slower-growth, risk-averse environment ahead.
The social media giant's shares surged on Thursday after it reported a solid first quarter and good growth in daily active users.
* My "deranged" 2019 surprise that Facebook would successfully address its privacy issues, resulting in gains in engagement and users - has been realized * And so has my $200 price target been achieved!! * Facebook's shares are likely going to move ...
As we have seen so far, in terms of market reaction, there is great reward at the point of sale in beating expectations.