|Day Low/High||242.15 / 247.12|
|52 Wk Low/High||179.52 / 246.11|
"If wishes were horses then beggars would ride." - Grandma Koufax Though I did fine in these shorts, these are the recent short covers I wish I had never covered: * Apple - I have grown more negative on the short- to intermediate- term prospects. (H...
I wish that Uber could shelve its offering because of the trade deadline. That, however, is not going to happen.
I have a lengthy list of stocks and Indices to short on more strength including , , , , . I have very few stocks I want to buy or add to.
I have started to cover my Home Depot trading short rental in pre-market trading for a profit. I plan to be out of this trade this morning.
With 25 minutes of trading left in the day: * The markets moved back and forth from no change several times during the day. * At 3:35 pm closer to the lows, though. * Breadth negative - 1300 advancers, 1630 decliners. * Bonds were higher in the morn...
Here are my key observations on the day: * Another day of market strength (I would describe it as a "deliberate" rise) with good supporting breadth (1,825 advancers/1,100 decliners at 3 p.m.). * With an hour to go in the trading session, stocks sit ...
The rest? They get the droppings.
A resilient market allows you to buy stocks when they get hammered and do so with some certainty that you won't get your head handed to you.
It has become almost too onerous to own something that could be in Amazon's crosshairs.
Investors may want to hold back right now on scooping up shares of this lawn and garden equipment maker.
I think WMT is probably going to break back over $100 between now and the end of the month.
With any China deal, there must be a clear and verifiable method of enforcing compliance.
Now would be a good time to buy this great company.
Lowered expectations are the best kind of expectations and they can make for great markets.
I have had to think long and hard about Lyft, the stock, not the ride-sharing company.
The major homebuilders are forecasting strong demand into the second half of 2019, giving a boost Wednesday to shares of Home Depot and Lowe's.
This is a natural decline that will be followed by an advance you can profit from as housing endures its annual spring rebound.
The stock's nice rise from its Dec. 24, 2018 bottom was as predictable as its underperformance from the peaks.
You can't stop the rain coming down on this market until you get a host of people to realize there are bargains even if we have a big slowdown.
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.
Home Depot has 182 stores in Canada. The Canadian residential real estate market is in a clear slowdown. Here is a year over year home price index change in Canada: Source: Peter Boockvar I remain short HD.
Recent trading short rentals in two popular cyclicals, and (I recently added to both shorts this week), are beginning to pay off.
Why are big institutions running and can you outrace them?
In addition to larger Index shorts (in and ) in the last few weeks, I have taken about 10, new trading and investment shorts on - including Apple , Disney , Caterpillar , Home Depot , Microsoft and several others (that are too speculative to discuss...
However, the RMPIA did not see as much improvement last month as some other market indices.
Applying the old trading adage that stocks that are red in a sea of green often follow through to the downside - I am adding to my trading short rental in at $184.50 this morning.