|Day Low/High||158.82 / 162.65|
|52 Wk Low/High||117.77 / 172.96|
After five days, the nastiness that is allocation through high-speed algorithmic selection (profit-taking) returned to the fold.
We see increasing rates as a positive tailwind for the future growth of these names.
But I never had anything definitive until Monday when Jamie Dimon was interviewed about the financial tech competition.
The public seems to have resigned itself to dealing with a greater degree of inflation for longer than anything I would have considered to be 'transitory.' The again, the public is often as wrong as the Fed.
Let's see what makes an 'aisle' of stocks hot and what makes another messy -- and what I'd suggest you put in your cart.
We're seeing a good supply of strong stocks, despite the moves in the major indexes.
* This leading market sector (late 2020/first half 2021) is now vulnerable to an earnings disappointment * Both trading volume and net interest margins and income will likely miss previously forecasted levels Comments this morning by JPMorgan's Jam...
The IPO is likely to be the largest in the United States this year and would give investors access to the world's largest 'mobility market.'
U.S. investors will be barred from trading the securities of 59 Chinese companies in a new executive order.
I think that there will be a backlash against remote work as if it were a bad memory.
The banks are parking large amounts of dough at the Fed every night. Last Friday's number was the highest single day total since 2017.
Here's why the stock experienced a bit of a pop on Monday.
My slightly different approach uses a combination of fundamental and technical factors.
We didn't see much wild rotation, but the Russell 2000 did outperform, and the negative action could prove good from a technical standpoint.
Let's look at the companies that can go up, and the ones that can't.
Sure you can but any of these, but do not buy all of them because you will be betting against the business cycle.
The US Ten Year Note has been on the move, and the US Dollar Index has also been climbing overnight.
With the economy apparently growing robustly, the Fed has to watch how the president's plans play out in terms of the size and scope of deficit spending.
Top experts discuss their best bets in the financial services and Wall Street banking group.
With freedom of speech under attack, investment banks are quietly de-emphasizing operations in the city, often shifting Asian hubs to Singapore.
I would reemphasize that bank stocks are extended and one should consider reducing exposure in the sector. After yesterday's sizeable percentage losses, the major money center banks are only experiencing a small dead cat bounce. For example, was -...
* The decline in speculative stocks has been historic and broad-based - something I have been expecting for months * I remain bearish on the overall outlook for equities Yesterday's market was brutal and broad-based to the downside: * The specula...
We have to care about this bidding war because there's a lot more woe-is-me going on about stocks right now than there should be.
Here's why KEY has almost always found a place on my book.
Let's check the charts and indicators.
Let's analyze the technical signals from L Brands, American Eagle Outfitters and Gap Inc.
Amazingly, one group isn't just left behind, it just keeps losing money, while the other group is shrugging off this day with aplomb.
How Interesting. On Wednesday, market participants rotated out of the un-rotation that had been in vogue for most of April.
Should you take profits or buy here? This is my thinking on the stellar banking name.