|Day Low/High||32.62 / 33.04|
|52 Wk Low/High||19.99 / 36.37|
I have no false illusion about striking it rich in this name, but a staple such as this can have a place in my portfolio.
* Before you read this opening missive be sure you understand your risk appetite and profile as well as your time frame * I see a possible "generational" investment opportunity developing and I am now even more aggressively buying for the intermedia...
Amid a flood of corporate warnings over the coronavirus, all the major stock market indexes finished last month down 6.4% to 10.1%.
I would still like to see a day where the broad indices perform well on volume that grows from the day prior, but is that because I am too experienced?
While it might be tempting to buy any dip, the coronavirus' quick spread, recent downgrades, softness in services and other factors should give pause.
Kraft Heinz, Macy's and Renault have all recently been downgraded, and now the question must be asked: Is this the start of something bigger?
After gapping lower, the market saw its all-too familiar rally occur. As mentioned in my Diary, I sold short into the strength (adding a layer of trading shorts on top of my investment short position). Down, up, down. The rally from the lows was st...
Newly confirmed cases of the Covid-19 virus spiked from Hubei Province in China, where the city of Wuhan is located. The number of related deaths increased as well.
* KHC's business is still not stabilized * Moving from large- to medium-sized While I do not see much price risk in Kraft Heinz , I no longer see as much upside as previously thought. Based on our research (and given the early morning climb in the s...
RMPIA ended January up 0.8%, but now the damage from the Wuhan virus is weighing on the future.
For those that are keeping score, I am very liquid today... Longs: , , , , , , , , , , and Shorts: , , , , , , , , , and __________ Long FDX (large), GLD (small), KSS, KHC (large), PZZA, TWTR (large), VIAC (large), M (large), GE (small), C, BAC, W...
Experience is the best teacher, and here are some rules I've learned and stocks I'm excited about.
Kraft Heinz has gone through an ugly period the last few years but now offers an opportunity to profit handily from its rough patch.
Shares of Kraft Heinz, Harley-Davidson and Tapestry Inc. all have seen better days but could be on the road to improvement.
Let's review 2019 performance of RMPIA in relation to stock indexes and see what's ahead.
Some market highlights today (in my book): * Kraft Heinz sneaking back to the old highs. *Cronos Group and Canopy Growth Corp (a helluva trade off of the morning lows) are cannabis leadership. * Cannabis spec basket still ++. * The iShares Barclays ...
The level of trading volume has not significantly picked up since the nadir in August.
I think KHC stock is done dropping and could be one of the surprise performers for 2020.
I have orders in (slightly below the market) to add to my longs in , , and . I have orders in (slightly above the market) to short , , , and . __________ Long TWTR (Large), KHC (large), CGC (large), AMZN (large). Short TROW, BX, MU (large), CAT (lar...
* Defined risk Tim "Not Judy or Phil" Collins on a nice technical update on one of my largest long positions: Kraft Heinz . Read it here. The structure of Tim's proposed "defined risk" trade makes a lot of sense to me.
I wouldn't be a put seller in KHC although bullish put spreads merit some minor consideration.
Now, many Real Money Post Industrial Average stocks should see a boost from the holiday splurge by shoppers.
The dozen stocks in this portfolio of companies that likely came under tax-loss selling pressure last year performed quite well as a group in 2019.
I added to my and longs this morning. With recent leaders, money center banks and FANG are exhibiting some tiredness - my confidence level of view is somewhat improved. But, I fully recognize that every dip has been purchased this year as we move in...
* I expect the shares to be range bound over the near term * I am a $30-$31 buyer In the last few days I have updated my analysis of Kraft Heinz . A 2020 estimate of around $2.50-$2.55/share (down from $2.60E) is reasonable and seems in-line to very...
I am offering (slightly above last sales) shorts in , , , and . I am bidding (slightly below last sales) longs in , and .
Goldman has downgraded Kraft Heinz - the brokerage has a $29 price target.
It was a quiet day for the Averages but there was plenty of action underneath - in the relentless assault to higher levels: * Breadth, at 3:15 pm was -150 on the NYSE - steadily improving from the early morning. * Bonds rose in price and dropped in ...
The RMPIA's 3.8% jump even beat the Nasdaq Composite Index's 3.7% October climb.