|Day Low/High||37.82 / 38.78|
|52 Wk Low/High||22.77 / 44.82|
Johnson Controls (JCI) was among the best performers on the S&P 500 Wednesday after announcing it is exploring a strategic separation of its automotive business.
U.S. stocks opened higher Wednesday as mortgage applications surged in the week ending June 5th.
Shares are building on last week's improvement and set up well for more upside.
After strong earnings, shares can continue to the mid-to-high $50s.
Many sector stocks have a compelling reward vs. risk profile.
Low rates and bullish company calls mean these building-material plays look good.
If you step out of the blinding spotlight, the truly rewarding buying opportunities become obvious.
Don't chase the market after rallies. Do buy into periods of weakness.
Across all sectors, stocks are rising in tandem with rates -- but I think this stupidity will end soon.
Citigroup can't catch a break in the second quarter, either: the investment bank reportedly is under investigation led by the FBI regarding fraud in its Mexican unit.
General Motors CEO Mary Barra heads to Capitol Hill today to testify on the automaker's costly recall.
Johnson Controls' project to make Hawaii's 12 airports more energy efficient is expected to save the state more than $500 million dollars in energy costs over the next twenty years.
Construction in this area has badly lagged, but recent data suggest it is now poised for improvement.