|Day Low/High||24.20 / 25.57|
|52 Wk Low/High||5.26 / 26.99|
The Fed's Jay Powell pulled out the heavy artillery to help keep the economy and financial markets going, but would it be enough?
Equity markets have run wild since Oct. 30, and it is the more economically sensitive indices that have really taken flight.
I will come back to these names over and over again as we are now in the sweet spot for many.
Momentum in the stock of the electronics and appliance retailer has been weakening of late.
The deep-value Tax-Loss Selling Recovery Portfolio of a dozen stocks handsomely outperformed the S&P 500 and Russell 2000 indices.
The obvious way is jeans but there are others as well.
Thanks to big gains by Tupperware Brands and GameStop these dozen stocks that languished in 2019 collectively are now up nicely since the portfolio's inception.
Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.
An outlet mall in Western Pennsylvania may be a sample of one, but it showed some encouraging retail activity amid the pandemic.
The Gap, Reading International and Valhi Inc. may have the worst behind them... maybe.
As almost of the retailers have reported, we have to point out there are so many new winners that could have staying power.
The retailer's shares jumped Monday on an upgrade, but let's see if it mentions when it might resume its dividend when reporting quarterly results Wednesday.
Next week is the last full week of August and the start of the last two weeks of the summer given how the Labor Day holiday falls this year. If you were expecting a quiet week on the earnings front, you may not want to read what I have to share next...
The idea behind this annual 'experiment' is to identify potentially 'cheap' names with 3 attributes.
Investing isn't brain surgery: Keep a portfolio that's diversified with these qualities, and it will pay off on days like this.
Personal Income in June dropped 1.1%, more than the expected 0.5% decline. This will add to the concerns I shared earlier about the consumer's ability to spend during what is normally the Back-to-School shopping season as economic stimulus payments ...
There's progress for sure, but still a long way to go. Things could be worse.
A big jump in one-day Covid-19 deaths wasn't as horrific as it appeared, and Kanye West's clothing deal with The Gap gives the retailer's stock a boost.
There are stocks for people who believe we're roaring back, those who are hiding out from the virus, and those fearing gloom and doom. But here are the ones I'd give a workout.
The consequences of real estate defaults will ripple through the economy like a financial covid.
I think the quarantine has gone too far, with unintended consequences that will be tallied later.
The pizza company delivers, but retailers that can't stay open, won't pay rent, hitting real estate investment trusts.
After a company reports we all know what's wrong, it's immunized. And that's when you can buy.
I don't think it would be too much of a stretch to imagine that too many investors, or citizens for that matter, will mind seeing March 2020 head on out of here.
As we head into the last hour of trading today, let's take a look at which companies are slated to report their quarterly results after the close and their consensus EPS expectations: Adobe : $2.24 Broadcom : $5.36 DocuSign : $0.05 Gap : $0.41 Orac...
What came first? The chicken or the egg? The bear market or the pandemic? I don't care much for labels.