|Day Low/High||148.02 / 150.81|
|52 Wk Low/High||75.29 / 156.74|
Plus, we check in on Peloton and Datadog and the Nasdaq Composite Index.
Markets have certainly recovered nicely off of the lows of late September. Now, here in mid-October, it feels like it did that cold night back in 1980-something. The wolves are visible and noisy.
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...
Let's check the GPS and come up with a trading strategy.
Equity markets had a tougher day on Wednesday than immediately meets the eye. And did you catch what Trump said?
Confused by Wednesday's late-day trading action? Some on Wall Street who were too.
These high-quality companies have strong balance sheets and operate in high-demand markets poised to do well through any economic crisis.
I did warn publicly back in another epoch that quantitative easing would lead toward increased consumer level inflation.
Citigroup and Lululemon are on the radar this morning.
As we get ready to transition into Monday afternoon, investor attention will no doubt begin to focus on the earnings gauntlet of about 160 company reports to be had between Tuesday through Friday. Those reports will include 52 of the S&P 500 compani...
Let's review the charts and indicators to round out the analysis.
Much of it occurs when someone jumps the gun, deciding that the headlines must be traded without any knowledge of what is underneath them.
With earnings that lack much optimism, CSX not a good bet for buying on weakness now.
Preventing the U.S. dollar from appreciating too aggressively while repairing credit conditions are 'job freaking one'.
All the key equity indexes are up 16% or more this year, as earnings season starts.
Now is a good time to buy JBHT. Only on Wall Street can the best earnings ever be touted as 'bad news.'
When you see that money pouring out of the market it is going to be looking for a home. The home will most likely want some economic sensitivity.
Trucking is a huge tell of the real economy, which has definitely slowed.
What I see from 10,000 feet above... in the age of suddenly profitable fuel as cargo, are the railroads.
It is going to be fast, it is going to be furious during a shortened week of trading.
This shutdown is starting to feel different from those that we have experienced in the past, is it not?
These options strategies let a trader gain exposure to auto parts stocks, but at greatly reduced risk.
The potential reward in GM as hurricane season arrives is now worth some risk.