|Day Low/High||176.10 / 182.28|
|52 Wk Low/High||150.94 / 266.67|
Replacing fear with pragmatism, that is our goal.
Though financials and FANG (which are at an important top of the price channels/charts) are great, industrials (DowDuPont , 3M ), autos (a one-day wonder from yesterday), retail (Macy's , Target ), semiconductors (Micron Technology ), transports (Un...
Citigroup bats lead-off for the banks, who as a group will bat lead-off for the entire sphere of public equities.
Rather than cheering the start of a new bull market, perhaps we should see this rally as a much-needed 'oversold' bounce.
* The fundamentals are bad and getting worse * Expectations remain far too optimistic * Reward v. risk no longer attractive * S&P cash stands at 2590 against a "fair market value" of 2400-2500 Even before Fed Chair Powell delivered his more dovish m...
Getting maximum gains from panic situations requires buying "what's down the most" rather than "what's holding up the best."
Focusing on the actual worth of individual stocks is the way to make money.
Considering the plethora of earnings warnings in transports (recently , today airlines), selected industrials ( , et al.), technology (e.g., semiconductors), Apple (and its supply providers) and elsewhere -- the one question I want to ask all of you...
Dow Theory presents tips for surviving a bear market, some top year-end stock bargains and a simple strategy for monthly income.
Instead of futilely trying to 'call a bottom' smart traders should be picking up bargains while panic is still in the air.
Nike defied logic with its latest results. Perhaps shoes and athletic apparel are the anti-tariff trade.
But even in bear markets you get spikes, usually short sharp ones.
Fed decisions are fluid, so make certain your investor decisions align with your specific timeframe, not the one the media wants to beat down your throat.
Peter Boockvar writes about trade, sentiment and Italy this morning: FedEx put reality and quantification behind the economic slowdown going on overseas. They said in their press release "While the US economy remains solid, our international busines...
If I'm playing anything into earnings, it would be iron condors on FDX.
We all know that the FOMC went too far by now. They know it as well. They have to.
There's enough evidence that the economy is slowing so the Fed shouldn't move on rates, but some big retail and unemployment numbers say the Fed must raise for certain.
We have, for lack of a better term, what acts to be a 'broken' market - both ways - because the volume is so thin.
Something important of note that does not seem to be getting a lot of air time in the media is threat of the fabled 'death cross'.
What are people doing talking about how strong the economy is without getting their hands dirty and speaking to CEOs?
Shipping giant missed quarterly earnings-per-share forecasts, but nonetheless boosted full-year guidance.
Recent pension and wage hikes look like they're in the rearview mirror.
Facebook reportedly bristled over how much data to allow financial institutions access to.
FDX falls whenever U.S./Chinese trade fight heats up.
FDX shares have tended to enjoy a nice year-end run coinciding with the holiday shopping season.
It is likely that value buyers will be looking for entry soon as the stock tests the $240 area.
Shipping giant expects record holiday deliveries as it handles gifts purchased online.
A short-term shallow dip in the price of FDX stock would be bullish.