|Day Low/High||200.30 / 204.16|
|52 Wk Low/High||115.94 / 224.69|
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
I will come back to these names over and over again as we are now in the sweet spot for many.
Plus, a quick look at Southwest Airlines and why it remains the one airline to own.
Earnings are coming, and I suggest waiting at this point on the ones that are up, but buying those that are flat to down.
Plus, it could be quite a while before the labor market can absorb all those people who are out of jobs.
Don't just follow the herd, time your exits and entrances well -- even if it is a big player like Warren Buffett that is leading the charge.
Watching first-time jobless claims and trading volume, plus some thoughts on defense names like Raytheon and Lockheed Martin, and tech names like Lam Research.
It's not time yet to get involved from the long side.
Do we want to be another Milan or Wuhan, or do we want to have a real, healthy rally -- a victory rally?
At least days like today, when we're told the coronavirus has 'peaked,' show us exactly where the coiled springs really are.
The purpose is not to shake you out, although it can feel like that; here's what's really going on.
Our target for ITW for the months ahead is $225.
As the indexes touch all-time highs, remember the challenges thrown at us lately are typical of what bull markets thrive on.
Deere, Dow, Caterpillar, PPG Industries, Illinois Tool Works, CSX Corp and Union Pacific all defied expectations and rose after less-than stellar quarterly reports. Here is why.
Most important is that the Fed felt the need earlier this week to expand it's minimum offering for overnight repo operations, while also increasing the 14 day repos.
We have more than 1,050 companies reporting quarterly earnings from Monday to Friday, and here are the ones to keep focus on.
The rest of the automakers just don't get it -- the sharing economy is a revolution.
The semiconductor sector surge could send some standby industrial stocks higher with it.
Dividend growth investors should not overlook the industrial sector and Illinois Tool Works.
Are the semis right, and the bottom has been reached, or are the industrials right, and there is another leg down to come?
There is clear divergence between the best and the worst performers in each sector this earnings season.
Straying from these names could land you in quicksand as the 4th quarter begins.
Domestic growth levered to small business? It may be precisely where you have to be.
Let's check and see if the bullish divergences are still going to play out.