Prev Close | 281.76 |
Open | 276.00 |
Day Low/High | 271.32 / 277.37 |
52 Wk Low/High | 130.85 / 309.41 |
Volume | 3.86M |
Prev Close | 281.76 |
Open | 276.00 |
Day Low/High | 271.32 / 277.37 |
52 Wk Low/High | 130.85 / 309.41 |
Volume | 3.86M |
Exchange | NYSE |
Shares Outstanding | 344.07B |
Market Cap | 97.38B |
P/E Ratio | 11.70 |
Div & Yield | N.A. (N.A) |
* We have already experienced a -5% to -10% share price decline from last Thursday One week ago today I also warned on banks - writing that the setup into the current reporting period was poor. I argued that at least a -10% drop in the group could...
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
My trading strategy? Figure out who is the favorite and calculate the 'line.' Here's how that works out today.
The Point and Figure chart is projecting a move lower.
Xiaomi shares plunged in Hong Kong trade Friday after the Department of Defense said the mobile-phone maker is part of China's 'military-civil fusion'.
* The setup into the current reporting period is poor * With bank stocks elevated, in-line to slightly lower reports, relative to consensus expectations, could modestly disappoint traders and investors - particularly if my market concerns pan out * ...
Welcome to the world of the bull market, 2021-style, as Tesla and others just keep going higher.
* Look "over there" - as the European economies are deteriorating "Surprise #9 The Fallout From Brexit Causes Trade and Other Chaos in Europe - Badly Shaking the UK and European Economies" - Kass Diary, 15 Surprises for 2021 As a result of an accel...
GS, JPM and MS are removing products from the Hong Kong exchange derived from companies deemed to have ties to the Chinese military.
I am not planning to reduce my medium-sized financial/bank investments. However, given the time and magnitude of the recent climb, I would now not be surprised if the sector takes a 10% decline over the near term. Stocks like and could suffer great...
* 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...
I have the answer, and it's something I learned as a rookie nearly four decades ago.
Here's what traders should look for.
I think investors deserve much better than to say that there's no opportunity for income in this market.
Our search for stocks that are outperforming the banking sector leads us to the three best individual names.
I am talking about themes that can stand the test not of today, or tomorrow, but for all of 2021 and beyond.
* There were many! Among my biggest mistakes included: * Selling ViacomCBS * Selling Disney , Facebook , Morgan Stanley and Goldman Sachs prematurely * Selling cannabis stocks * Shorting Apple * Not buying AAPL * Not sticking with my Zoom Video shor...
From Amazon to Zoom, here are my prognostications and best ideas for the new year.
Repeating for emphasis. I am no longer in , , , , , , , , , and .
I am now completely out of , , Goldman Sachs , Morgan Stanley , Disney , Amazon , and Alphabet . The stocks remain on my Best Ideas List (long) because I would be a buyer on weakness, albeit large weakness from current prices!
Market breadth currently a bit less than 2-1 positive. Speculative activity continues apace - actually running amok! - though, as I observed, some previous large cap tech leaders ( , and ) are cooling off. Homebuilders conspicuously weak - red in ...
"Ch-ch-changes Ooh, look out, you rock 'n' rollers Ch-ch-ch-ch-changes Turn and face the strange Ch-ch-changes Pretty soon now you're gonna get older Time may change me But I can't trace time I said that time may change me But I can't trace time" - ...
* Bank stocks, in 2020, were an example of this * And so was the S&P Index this year "The best lack all conviction, while the worst/Are full of passionate intensity." - William Butler Yeats I knew it would happen, I wrote it would happen. Price is...
There's also a report that the new vaccines appeared to maintain efficacy against new strain(s) of the virus.
Beyond JPM, here are the banks I have my eye on.
* 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...
Though market breadth is still 2-1 (positive) I see developing pockets of concern and weakness. Most conspicuously, growthy FAANG has already reversed and the Nasdaq is well off the morning high. Tesla is even down on the day! Though banks remain up...
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...