|Day Low/High||75.01 / 76.40|
|52 Wk Low/High||71.14 / 116.17|
Upside - +35% (FDA clears IND and removal of clinical hold for NK cell therapy candidate GDA-201) - +29% (momentum; provides comment on recent trading activity and is not aware of any new information, including regarding the ongoing review of the FT...
I found two very interesting takeaways from Monday's sharp market reversal.
On Tuesday, a bevy of U.S. multinational corporations finally got around to heading for the exits from doing business in Russia.
It appears that miners, drillers and defense contractors are still the places to be from an equity perspective. Everything else is a trade.
Selections from next week's lineup of events: Monday Kohl's virtual investor day. Pfizer participates in Cowen's 42nd Annual Healthcare Conference. Tuesday Parker Hannifin virtual meeting with investors and analysts. Microsoft participates at ...
Interesting that I've not seen a single sell-side analyst upgrade, downgrade or reiterate anything. No changes made to price targets either.
Picking a bottom is nearly impossible, but if one does not start layering in where the mud gets deep, then one ends up a bit light when the train leaves.
The conglomerate is set to post quarterly results Tuesday.
Fiscal and monetary policy is no longer unbounded and we're likely well past the points of peak economic activity and peak liquidity.
* The setup for 2022 is far different than 2021. * After a lengthy period of unbounded fiscal and monetary largesse we are exiting peak economic activity and peak liquidity * Sell strength and buy weakness? * The growth and narrow market performance...
Market participants hear what they want to hear. This is what I heard. Here and here. Though little said was unexpected, the S&P Index rallied by about 90 handles from the day's lows following Powell's comments on monetary policy. I had expected a...
General Electric's shares spiked to over $116/share after the announcement of the spin. The shares are now trading under $98. I have been sour on the General Electric spin: Nov 10, 2021 ' 11:10 AM EST DOUG KASS Avoiding GE This week I warned about...
It was as if equity markets had taken the day off. Not bond markets, however.
These moves could serve as a benchmark for other bigger, older, and perhaps bloated companies. Here are some candidates.
J&J will be separating into two distinct firms, but not right away.
This morning Johnson & Johnson joined a long and growing list, including a recently announced disaggregation, of companies that are breaking into parts. AT&T is already disaggregating - with the Warner/Discovery deal - and perhaps should go even fu...
This week I warned about the spin - and I will continue to warn and avoid the shares as I see limited upside.
For a fund that purports to provide exposure to the space economy much of the ETF's return profile points to names a lot closer to earth.
Since GE CEO Larry Culp took the reins three years ago his plan has been nothing if not aggressive.
These renewable energy favorites include nuclear, hydrogen, wind, and solar stocks, among others.
The indices are dealing with overbought technical conditions as earnings reports hit and speculative trading gains traction.
Markets are pricing in some fiscal policy, but it's not what a lot of pundits think.
Next Week (Selected Macro) Monday AM: PM: Tuesday AM: , , , , , PM: , , , Wednesday AM: , , , PM: , , Thursday AM: PM: , , Friday AM: , PM: none Next Week (Selected Macro) Monday: Dallas Fed Manufacturing Index Tuesday: Case-Sh...
In a real bear market, one that persists, volumes will dry up. Corrections are violent and volatile. That's where we are now.
Once again we are back in the world where stocks are done going up, the apocalypse is now and we can't satisfy the earnings beast.