|Day Low/High||374,81 / 379,51|
|52 Wk Low/High||130,85 / 309,41|
Instead of fixating on stocks like the banks, look at what really matters: how darned rich this country is.
Let me show you how one or a few mega-cap stocks can skew the picture of the market.
Goldman Sachs' upbeat call on Apple will likely be a catalyst to another good start for the Nasdaq this morning. I am not yet short but I will as it gets ridiculously extended and the RSI moves towards par.
If you are not in the market for a vehicle right now, inflation is right where the pros thought it would be.
Think about this: Do names like Alphabet, Apple or Microsoft need oil, food stuffs or natural gas to run? Let me show you what I mean.
The "pros'" initial response to the JPMorgan Chase and Goldman Sachs EPS reports were dead wrong.
However, we await with bated breath what Fed Chairman Jerome Powell will say before Congress this week.
Traders are looking for an edge, but there just isn't enough volatility to do much.
My cost bases, in premarket trading, on the JPMorgan Chase and Goldman Sachs short rentals are $157.63 and $383.90, respectively.
I have taken a short-term short rental in Goldman Sachs at a bit more than $382 in premarket trading.
dougie kass • a few seconds ago "First Level Thinking" - blew out earnings - at $15/share vs consensus at $10/share - First level thinking - big beat the stock should erupt higher. "Second Level Thinking" - GS blew out earnings but the shares which ...
Perhaps a bigger deal Tuesday morning than second-quarter banking earnings will be the June data for consumer prices.
Stocks slowly improved most of the day and closed well off the early lows, but biotech and some of the 'shutdown' names lagged.
The tug of the futures gives you phenomenal prices you don't deserve. Let me show you what I mean -- and why the early bird gets the bargain.
The company reports earnings this week. Here's our strategy.
Plus, the chart of Tesla indicates it's time to be wary if you're in the stock at present.
Searching for a theme, the market can't seem to decide if it wants higher or lower interest rates.
I covered my short in the premarket. It's down a ton! Out of my financial shorts as noted with my cover. I suspect most of the interest rate decline is now behind us. And, I just shorted very small at $149.30. I plan to scale into a larger short ...
An attractive hike. A special dividend. Who will win?
With backing from some of tech's heaviest hitters, Didi or "beep beep" joins Dingdong in going public this week.
Trading will continue to slow as we approach the long weekend.
After five days, the nastiness that is allocation through high-speed algorithmic selection (profit-taking) returned to the fold.
* Is it time to expect the unexpected? * Too much "group stink" and "first level thinking" has invaded the markets * As an example, just look at the shares of General Motors and Delta Air Lines - both have been the subject of near universal optimism...
* I am holding on to a non consensus and bearish view on financial stocks. The price of Citigroup's shares have declined in 11 consecutive trading sessions - for a cumulative drop of -14%. From The Divine Ms M: Citi pic.twitter.com/gjTYsgf228 — He...
Goldman Sachs is down big for the third day in a row. Today another -$11.35 to $359.65. With the Seabreeze launch in under two weeks, I just took in the trading short rental. Same goes for Morgan Stanley (-$3.51 to $87.50).