|Day Low/High||151.86 / 154.79|
|52 Wk Low/High||101.08 / 184.06|
Plus, why shares of vaccine maker Moderna are taking a hit.
Next week the June quarter earnings season maelstrom kicks off with 115 companies, including 32 S&P 500 constituents, reporting their latest quarterly results. In recent days we've seen a number of companies up their outlook for the quarter but we'v...
While the fundamental story on HON may sound promising, the charts and indicators tell a different story.
Let's go over the confluence that allowed us to advance after a brief dip down in the morning.
We're cheering what may be an aberration, a bullish employment number. We'll take what it brings - a wholesale shift in what we're buying and what we're selling to fund it.
The market sold off on Thursday after close as big hitters, including Amazon, reported earnings.
Despite the dramatic and highly negative decline in economic activity that forced algos to hit the markets from above, enough portfolio managers faded that move to lessen its impact.
This precarious rally came on the back of oil production cut talks, but the equity markets remain in a downtrend.
Now that the service economy is pretty much stopped in its tracks, here are promising areas, including technology as manufacturing, to consider.
If the need arises to defend, or take to offense, Lockheed is at least as important as any other firm in the nation.
At least days like today, when we're told the coronavirus has 'peaked,' show us exactly where the coiled springs really are.
Cryptocurrencies do offer public value in their ability to move stored wealth across national borders in times of crisis.
Chinese President Xi Jinping, not a man given to exaggerate, has referred to the spread of this coronavirus in China as 'a grave situation.'
Does such a large increase in Chinese spending on U.S. 'stuff' give reason to doubt that future action lives up to words on a page (or 86 pages for that matter)?
I have been among the most wary of China and its ability to change. I remain that way. But the U.S. got more than I ever thought.
We can't know exactly how the China-U.S. trade talks or our political battles will play out, but we can see the big ideas that will likely push companies higher.
There is no 'tech' in tech.
Five G is about massive digitization for pretty much everything and it's simply not believed.
Caterpillar is a prime example.
As the indexes touch all-time highs, remember the challenges thrown at us lately are typical of what bull markets thrive on.
Throw away the economics textbooks, they are not working.
* The market is discounting an unlikely reacceleration in global economic and U.S. profits growth * All-time market highs are breathtaking to some - but they are deflecting (as they did in early 2000 and late 2007) many investors from challenges fac...
Let's check out a couple of charts of Garrett Motion and Resideo Technologies.
It's all because some stocks are more powerful than others and the aberrations are to the downside. Not the upside.
I have the answer behind the conundrum that forces stocks up that should be going lower.
Money fled high-growth, high-multiple stocks on Wednesday and chased a mix of both defense and value.
As we move into the meat of earnings season, technical conditions remain positive and there are indications of better stock picking in the small-caps. Stay focused on the price action.
Thursday's earnings for the technology and manufacturing giant could serve as the catalyst for a move higher.