|Day Low/High||25.22 / 25.44|
|52 Wk Low/High||24.89 / 60.10|
Moved to large Kraft Heinz and Canopy Growth Corp this afternoon.
I am now out of my and short rentals on the woosh lower this morning (SPY, $287.55 and QQQ, $184.85). I am now market neutral in exposure reflecting my view that we have 150 points of downside risk and about 75 points of upside reward in the S&P. Th...
"Dougie, you are a glutton for punishment." - Grandma Koufax I am about one third through my Kraft Heinz analysis (I will be done next week). Based on the output thus far I am picking at the stock under $27/share. More next week.
Plus, Friday morning's headlines are a little less rosy than the ones of the day before.
I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." --Walter Deemer "When the time comes to sell, y...
In July, the RMPIA climbed 0.6%, bringing its year-to-date return to just over 21%.
Berkshire is so large and diversified that its prospects are tied to the economy as a whole, with the added benefit of being a defensive play in case of a market downturn.
's technical position is improving - reminding me of Campbell Soup before it made a +$8 to +$10 move a few months ago.
Preventing the U.S. dollar from appreciating too aggressively while repairing credit conditions are 'job freaking one'.
The problem is that the Fed's mission has moved beyond their mandate.
Let's review the performance of all three tranches released in December 2018.
There are a number of RMPIA companies that will be beneficiaries of Back to School and holiday spending.
Courtesy of Wallethub - "We also eat a whole lot of hot dogs: 150 million in total. We make a toast or two to freedom and good old Uncle Sam, shelling out more than $1.6 billion on July Fourth beer and wine. And we travel, with nearly 47 million of ...
Shares of the food giant may not have made a bottom, but it will be interesting to see how the stock behaves from here.
While I do not see any real inflection point in relatively weak fundamentals, both Kraft Heinz and Macy's appear to be trading a bit better over the last week or so. I recall a few months ago remarking about the same (better technical action) of Cam...
These leading consumer brands deserve a place in both your pantry and your portfolio.
With the time frame on my net exposure being of a relatively short-term nature (from today to the next two to three months), I gradually have reduced my long book and have added to my short exposure in the last week's consistent advance. I do so bas...
Its been an active morning: * Two tranches of ( $289.05 and $289.68) and ($182.05 and $183.35) shorts * Bought more on the opening at about $30 off of the SEC news * Added to short at $193.30 * Shorted more at $130.70 * Sold some $1850 (+$46 on the ...
Overall performance is still better than both the S&P 500 and Russell 2000, but the gaps have narrowed considerably.
Be careful backing Buffett right now, his biggest holdings show increasing profit pressure.
With 60 minutes to go: * The S&P has just broken the day's lows - following the pattern of early strength and late in the day weakness. * Breadth: 1200 advancers, 1750 decliners. * The economic message of lower bond yields is growing louder. * The 1...
* I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible "When the time comes to buy, you won't want to." - Walter Deemer I promised to update my "Level...
China is almost out of ammo in the trade war. To us, that might look like we are close to a solution. Don't bet on it.
My long book is down to small positions in , , and . Mediums sized in . And large positions in (actually very large as I have been adding), , , , , L and . My short book includes small to medium sized positions in , , , , and large positions in and ...
I aggressively bought Alphabet in the early going and I just added to my large position. I also added to Kraft Heinz this morning.