|Day Low/High||303.57 / 309.63|
|52 Wk Low/High||293.90 / 426.16|
Plus, checking out trades related to Amazon, Macy's and a few defense and metals stocks.
I have taken my loss in the Goldman Sachs and Morgan Stanley shorts just now. Covered at $400.80 and $101.60, respectively.
You don't want to throw away a perfectly good stock because its p/e is high. I would be more worried if its p/e is low.
Goldman Sachs on the PPI release: BOTTOM LINE: The producer price index (PPI) increased by 1.0% in July, four tenths above consensus expectations. Core measures were strong, with the PPI excluding food, energy, and trade services increasing by 0.9%....
* To be frank, I also call BS to those who are now endorsing HOOD's shares * Many of the same pundits who supported the shares of other meme stocks - like GME and AMC (that have recently crashed and burned) - are now endorsing HOOD * History will rh...
I am adding to my already large ViacomCBS position in premarket trading. I am currently on the company's conference call. Here is Goldman Sachs' first look on the second quarter beat: ViacomCBS (Buy) reported solid 2Q21 results that beat our est...
I had a very active trading day! * I added to Discovery , Disney , Ford (sold calls), General Motors (sold calls) and Viacom longs. * I added to Facebook , Goldman Sachs , Morgan Stanley , and Tesla shorts. Thanks for reading my Diary. Enjoy your ev...
For investors, mobile payments could represent a chance to get in early on a trend that is likely to accelerate in the future.
Adding to my and shorts at $96.54 and $379.18, respectively.
In a real attempt to be transparent - here are my trades from this morning with today's cost basis in parentheses: * Short ($440.99) * Short ($366.57) * Short ($36.60) * Short ($383.70) * Short ($98.19) * Short ($260.71) * Short ($711.32) * Short ...
Are the stock watchdogs really able to put the necessary disclosures in place, given the anti-business sentiment coming from the very top?
IBM beat expectations and the complexion the overnight mood changed. But will the mood change hold?
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.