|Day Low/High||132.25 / 134.49|
|52 Wk Low/High||105.94 / 152.95|
You have to think that if these stocks were so high once, then it's likely they will be again.
The strength in the Nasdaq was due to a small group of big-caps.
I love gold. Trade of the Week -- short Apple at $116.15. (The SoftBank investment is a non-event). Dwyerama is chillin' and I am re-establishing my ProShares UltraShort S&P500 ETF long -- back in a revolutionary mindset. As January goes......
It won't easy making money in stocks in January, with 20,000 on the Dow signifying an even higher level of risk relative to short-term reward.
"Who you tryin' to get crazy with, 'ese? Don't you know I'm loco?..." -- Cypress Hill, Insane in the Brain 2017 will be the year of "The Dude." My favorite large-cap long Allergan and short Caterpillar for next year. AGN closed up by $4(!) wh...
The popular dividend strategy has been a lucrative investment in 2016, but what's in store for 2017?
There is a dearth of retail experience on its board during a period of major industry disruption.
There is no question that banking is moving to the online world, but many so-called fintech companies may not survive the trip.
This number is arbitrary, but for those who have latched onto it, here is a possible scenario that could get us there.
Slow day, at meetings all morning. Despite the strength in our currency (and its adverse implications on multi-national profitability), there was no follow-through to yesterday's schmeissing. I reflected on my July call that we have hit a Genera...
Longs: I added to JC Penney at $9.36. Shorts: I added to Lincoln National , Metlife and International Business Machines shorts.
The executives who sat down with Donald Trump represent companies with a combined market value of more than $2 trillion.
Just like cloud computing drove Amazon, AI should do the same for Big Blue.
"Everyone here likes the bounce." -- President-elect Donald Trump (said in a meeting today at Trump Tower with tech executives) A good day for the ursine crowd but not so good for the bullish cabal as they had a bad day -- for a change. (Yes, I am w...
IBM CEO Ginni Rometty's plan to hire 25,000 people in the U.S. should not be an anomaly because there is no better time to be starting a career in technology.
My short emphasis this afternoon is on Citigroup , JP Morgan Chase , Bank of America , ProShares Short QQQ ETF , Direxion Daily Small Cap Bear 3X and International Business International .
I shorted International Business Machines , Lincoln National and Metlife . I initiated ProShares Short QQQ ETF (QQQ inverse) at $46.56. I pressed Direxion Daily Small Cap Bear 3X Shares long ("Trade of the Week").
IBM announced plans to add 25,000 U.S. Jobs over the next four years.
On cue, China says it plans to slap a penalty on an unidentified U.S. auto manufacturer for monopolistic behavior. And Morgan Stanley downgrades the life insurance space. Now that's timing! (see my posts below) Ford , General Motors , MetLife and L...
Every time the index nears that benchmark, the market's going to sell off.
There's nothing wrong with buying laggards by the fistful.
My average cost on my IBM short this morning is $166.83. Also, I have moved to a medium-size long in Direxion Daily Small-Cap Bear 3x ETF ($18.93), but because it's 3x levered it translates into a large iShares Russell 2000 ETF short.
I have shorted International Business Machines and I am adding the name to my Best Ideas List this morning at $165.60. IBM's shares have risen by about 10% in 2016 but are up 30% from the yearly lows. Unfortunately, on a fundamental basis, there ap...
The markets moved lower from the "get go," though about the time Sixty Minutes was on last evening the S&P 500 futures were up 10 handles. (Futures closed down 2.5 handles) Perhaps this is the start of a well due correction. Apropos, here is the q...
Big Blue should have no trouble paying a dividend yield of nearly 3.4% from earnings, and even hike its dividend.
"What if everything is an illusion and nothing exists? In that case, I definitely overpaid for my carpet." --Woody Alllen The magnitude of the market advance yesterday surprised me and many others. After a one-week sideway consolidation from an over...
What a strange day -- maybe even ominous. This table tells it all. The divergences I have been mentioning this week intensified today, with the technology-laden Nasdaq taken out to the shed and the Russell 2000 Index trading lower for the third...
You have to start small. No hurry, because oil will meet resistance at $50.