Prev Close | 53.39 |
Open | 53.39 |
Day Low/High | 51.81 / 53.59 |
52 Wk Low/High | 14.32 / 56.97 |
Volume | 21.55M |
Prev Close | 53.39 |
Open | 53.39 |
Day Low/High | 51.81 / 53.59 |
52 Wk Low/High | 14.32 / 56.97 |
Volume | 21.55M |
Exchange | NYSE |
Shares Outstanding | 1431.31B |
Market Cap | 79.29B |
P/E Ratio | 24.84 |
Div & Yield | N.A. (N.A) |
Do not fear the housing sales boom -- this is good news and I'll tell you why.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
They are Rivian and Lucid, with Chanje close behind.
* Growth is underperforming and value is extended * Where is the beef (leadership)? With the clear acceleration in the pivot from growth to value in the last 2-3 months, large cap growth stocks have been conspicuous in their underperformance. The p...
* Paradise Lost on the puts I knew it!!! Stocks closed out their lows, reversing the nice gains of the morning. Breadth, which exceeded 3-1 hours ago, still ended 2-1. Banks and selected were, once again, the world's fair -- along with value...
The charts show a shift down through this quarter and then revving up later in Q2.
Both Ford Motor and General Motors have been moving in the right direction of late on news events.
* In an attempt to remain transparent To emphasize. Yesterday I initiated a short in Carvana , added to my Index shorts and to Tesla . I also sold out my entire and positions on the strength in the regular trading session and in the after hours. ...
I missed this one! (Mea culpa) I have eliminated my GM long today based, too, on my ursine market view and the diminished upside vs. downside. This was posted earlier in the afternoon: Jan 11, 2021 ' 01:25 PM EST DOUG KASS Reducing GM Long * Rea...
With the long sale of some General Motors , adds to , and shorts, and with new short -- I added to my net short exposure today. In weighting terms I am between medium and large-sized net short. Thanks for reading my Diary today - I hope it held so...
* Reason? A deteriorating reward vs. risk I have reduced my General Motors long investment from medium-sized to small-sized just now. GM is trading at $44.90/share (+$1.85). GM was added to my Best Ideas List at $30.85 only four months ago.
* I find a record low number of stocks that meet my standards for purchase today * Book mark this missive! * Stated simply... "You're betraying your whole life if you don't say what you think - and you don't say it honestly and bluntly." - Charles...
Plus, a preview of the coming Consumer Electronics Show and quick news hits on Micron and Boeing.
* As I predicted 13 months ago, the streets have grown violent in the aftermath of the election * But, markets have no conscience and are increasingly dispassionate * Structural changes - specifically the proliferation of "passive investing" - have ...
"I am going to write a good Diary on Real Money Pro today... and I am going to help people. Because I am good enough, I am smart enough and doggone it, people like me." -- Daily Affirmations With Dougie Kass Today's Affirmations is about Tesla's ent...
Tesla has been in existence for 17 years and has never been profitable despite having no competition.
2021 could be a year in which the S&P Index shows little movement in the first half, but market pressures might mount over the last six months.
* In 2020 (despite broad February-March weakness) equities rose faster, valuations expanded far greater, and interest rates fell sharper than the consensus expected * 2021 could be a year in which the S&P Index shows little movement in the first hal...
Is there a 'white knight' out there to replace GM?
The environment for these firms is not only friendlier at the federal level, but far friendlier at the corporate and investment levels.
I can't say whether the stock is 'undervalued' as Jim Cramer did recently ... but here's what I can tell you from the charts.
* In late November I cautioned about the possibility that Covid-19 mutates - the evidence is now that it has * Risk happens fast * Today's investors are greedy (speculation has run amok) when they should be fearful * Not since I was uber bullish in...
Oh-oh, what's love got to do, got to do with it? What's love but a second-hand emotion? What's love got to do, got to do with it? Who needs a heart when a heart can be broken? - Tina Turner, "What's Love Got To Do With It" What's more "real" -- the ...
Stocks sold off hard from the early morning highs -- with S&P 500 futures about negative 45 handles below the best levels. Volatility weakened and then rose, coinciding with the breadth reversal (something I was laser focused on this morning). I...
To invest in Nano One, you are buying the concept of a better mousetrap.
I give the day, thus far, slightly to the bears: * Flat market breadth as the pivot from growth to value continues. * Limp recovery from Alphabet , though well up from the day's low, and Amazon -$40 from intraday high print - that got taken to the...
* The foul odor of "Group Stink" and "first level thinking" emanates from auto and homebuilder sectors' bullish sentiment and in the bullish market interpretation of rising home and auto prices * Consider selling car stocks and short/sell homebuild...
The buyers may be young, but I think callow youth may have the edge over their cynical elders.