|Day Low/High||299.41 / 312.59|
|52 Wk Low/High||293.90 / 426.16|
What I see from 10,000 feet above... in the age of suddenly profitable fuel as cargo, are the railroads.
The reaction to earnings will tell us quite a bit about this market.
It is going to be fast, it is going to be furious during a shortened week of trading.
We never thought, 24 hours ago, that it could possibly be this good.
This deal will certainly strengthen Chevron's position in the Permian Basin, while also adding to global reserves of both petroleum and LNG.
The first thing you need to think about when analyzing earnings has nothing to do with earnings. It has to do with where the stocks are.
We have to hope they are given a better chance to tell their story than they were Wednesday.
A cheat sheet of expected questions for investors and political theater enthusiasts.
The 200-day moving average is a big impediment here.
It is likely time to build a long position in GS, but only on my terms.
Goldman's consumer-focused fin-tech effort is a key theme to watch in 2019.
Holding a stock is always a function of (upside) reward relative to (downside) risk.
* With reward about the same as risk I have pared down my large position in Goldman Sachs on strength * Over the longer term GS will likely prove to be a very profitable investment * My two year price target remains at $245/share - an upside of more...
Goldman CEO David Solomon will need to navigate a difficult hearing on Wednesday.
Lyft's IPO is looking like a party bus, but how long can the sentiment stay strong?
In a Dickensian twist, both AAPL and GS could get a big boost from analysts' Low Expectations on the Apple Card.
This market has repudiated the idea of owning 'value' stocks. But these banks are value names, and here is why.
Apple hasn't answered all of its critics after Monday's presentation.
Equity markets marked time on Monday, mostly on light volume.
Growth fears have eased, the inverted yield curve issue is set aside, China trade will be an issue again soon and market players are looking to put cash to work.
Here are today's key observations: * Bonds continued to rise in price and sell off in yield. The 10-year U.S. note yield dropped by another five basis points and is now slightly below 2.40%. My long standing and contrarian target of 2.25% is close a...
The company has reportedly been seeking large revenue cuts for some of the new services it's expected to unveil on Monday, and also reportedly has aggressive bundling plans.
* Stock charts are less reliable in the present than in the past * Beware of false breakouts (up and down) promoted by products and strategies that worship at the altar of price momentum * Re-mem-mem-ber - buyers live higher and sellers live lower "...
Note: I am still operating with computer problems. I see very little going on this morning: * Breadth is stinking up the joint - 700 advancing issues and 2100 declining issues. * Several market leaders are failing to hold yesterday's morning ramp ...
With ninety minutes to go breadth has turned negative. Before ETFs, CTAs and risk parity Goldman's loss of its entire +$3 gain on the day would matter and would likely presage a market reversal. So would the reversal in industrials and financials (b...
I think sometimes the best way to parse the temperament is to go over the most obviously 'wrong' moves and address why they might not be wrong at all.
* Note and bond yields are shouting that the trajectory of global economic growth will disappoint relative to consensus expectations * The message of the fixed income market is currently being ignored by stock investors "This is the business we have...
In a world starved for growth, investors will likely value companies with strong organic growth prospects.