|Day Low/High||121.69 / 123.29|
|52 Wk Low/High||76.91 / 141.10|
The only expectation that I have for now is a near certainty in increased volatility caused by several factors.
What the Nasdaq experienced Monday is known not just as an 'Outside Day,' but an 'Outside Reversal,' and these can be dangerous.
The Russell 2000 outperformed the Nasdaq by 5.2 percentage points on Monday -- the largest outperformance ever recorded between the two indices.
* The Nasdaq rose by 300 handles and the S&P advanced by 67 handles * The market was easy to dance to and had a good beat- I give this trading day a "95" "My name is Dougie Kass and I am 19. I am from Rockville Centre, Long Island, and I rate this t...
Here's why a Republican Senate and a Democratic White House and House, may be nirvana for growth.
Perhaps the best thing for the markets that might come out of Tuesday's election would be certainty, regardless of outcome.
* The stars, fundamentals, "the pivot" (from growth to value), bond prices and charts might now be aligning to produce a strong short term rally in bank stocks The case for a near term rally in bank stocks may be (finally!) improving: * Fundamenta...
A value investor reviews six big Wall Street banks following their recent strong earnings reports.
The cash set aside to invest in Ant's prospective record-setting initial public offering is too much for the Hong Kong currency to handle.
Go with the banks. They are cheap and we learned this week with that big move up in rates, they will too.
Plus, a quick look at Southwest Airlines and why it remains the one airline to own.
Just take the three most obvious letters in FAANG -- Facebook, Apple, and Netflix -- they were all ideas from my children.
* And placing the stock on my Best Ideas List (short) * Large money centers have spent billions of dollars on technology to compete with Square, Pay Pal, et al. * This morning's JPMorgan announcement of point of sale innovation is meaningful Witho...
I shouldn't be surprised that I'm getting questions about the banking sector.
I don't pick stocks on politics, but was shocked to see how a majority of our Action Alerts PLUS holdings would perform if Joe Biden wins the White House.
Right now our policy on new stimulus is defaulting to 'to heck with the fourth lane' and all who ride on it. That's a crying shame.
This is probably a $260 stock, and will be on the day that the market stops hating on the banks.
A small western homebuilder and a furniture maker are the latest to see their businesses improve amid the pandemic.
Covid itself, and therapeutics or vaccines associated with taking on the SARS-CoV-2 coronavirus, is under a public microscope.
It is logical that stocks consolidate a little as we head into earnings season.
Some patterns reveal themselves easily, and you can spot them ahead of the computer programs. Here are examples of them, and how to act.
You want to be long the shares when the company starts buying them again. You don't have to be long until then.
The belief that there eventually will be more fiscal stimulus is holding bears at bay and letting the bulls run wild.
* Good news on the credit front * My positive bank thesis remains very much intact * From a near term standpoint, third quarter will likely indicate a topping in loan loss provisions, a continued improvement in fee based income lines (e.g., mortgag...
Now, that we have confirmation from the Nasdaq Composite, I think we can say equity markets are indeed back in what I would consider an uptrend.
There was some significant rotational action Monday and we'll see if that continues as we move into earnings reports.
The two money center banks are set to report earnings on Tuesday.