|Day Low/High||157.97 / 162.41|
|52 Wk Low/High||109.16 / 173.65|
If you're looking for some corrective action to gain momentum, then you will have to wait for broader selling.
Here's how we would trade the blue chip stock.
Most of the indicators are still bullish in this name, although some profit-taking may be occurring.
The buyers have decided that the researchers and doctors are going to beat the virus, so you better get on board or miss the move.
It is going to take successful vaccines and therapies and much lower unemployment to revive most of Walt Disney Co.'s businesses.
Instead of scratching your head and saying the market defies logic, look to the Cramer Covid-19 Index.
The Fed has done a lot, and is willing to do even more, but for now, is watching Congress. The fiscal side is where the next shoe falls.
Let me disabuse you of some of the biggest canards that people routinely spout involving the Fed and stocks.
Our fate is in the hands of a few dozen companies with a dizzying array of clinical trials, and whoever gets there first is gonna make a fortune.
Overall, the banks failed you again. But the future for two of them is much brighter than the past.
Eagle Financial is small bank name that goes under the radar of most investors, but it offers a 4% yield and boasts 34 years of increases.
Let's go over five excuses so you know and are armed with them when they are used and make you faint and weak-handed.
All we have to do is take our cue from companies that boosted their forecasts but their stocks did nothing.
In this market, winning stocks 'stick out like a sore thumb.'
This is how you can tell which camp is winning and which is losing in this time of Covid-contradiction.
Experts pick their favorite long-term investments in medical diagnostics, testing and laboratory services.
The smallish clinical-stage vaccine company looks like a trade, not an investment, and might be approached as an option play.
What if the market is simply pricing in a quarter that had already been priced out?
These pharmaceutical favorites continue to make progress on a number of fronts including a Covid-19 vaccine.
I would wait until the next down day, and there will be one.
That's the really good news about why we could bounce back so quickly from Thursday's debacle.
The administration will provide increased financial support to 5 pharmas working on Covid vaccines, and we must keep an eye on price action in this uncertain market.
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 Fed and Treasury are set on avoiding the mistakes that doomed us in the past, and we have to invest for this new market we're in now.
WDAY looks ready to break out as traders weigh wether markets are now overbought after this 2-day run.
So what's the narrative? Simple: the recession is ending, it turned out to be a V recession and recovery after all.
I've been long Merck for a long time, since way before this pandemic became part of our lives.
The return of NYSE floor traders is symbolic of the return to normalcy, as vaccine candidate manufacturers are scaling up for mass production.
Let's step back and look at this market that has abandoned all sorts of safety and went all in on the stocks of companies based on the Fed's words and a promising Moderna study.