|Day Low/High||36.50 / 42.62|
|52 Wk Low/High||34.64 / 64.38|
Markets now have a new reversal to think about, but I think I have to be convinced before I can believe.
It is refreshing to visit a store that has the items in stock that it claims to on its website.
Even in a down tape Thursday, winners narrowly beat losers at the Big Board and the Nasdaq.
Upside - +16% (Phase 3 Trial of Dasiglucagon in Pediatric Patients with Congenital Hyperinsulinism (CHI) met the primary endpoint with statistical significance) - +13% (receives approval from the FDA for intravenous (IV) formulation of TPOXX (tecovi...
We ran, we ran all night and day... right back into U.S. Treasury securities, once again flattening the curve.
There is a high level of risk that the market rolls over again, but that risk will be minimized if we have some better chart development in the days ahead.
This week's earnings focus will be on the retailers with rivals such as Walmart and Target, as well as Home Depot and Lowe's reporting.
The US may very well escape recession this year, putting it off until early next year. Other global economies may not be so lucky.
There are a bunch of retailers with low forward price-to-earnings ratios, which could be the result of the market pricing in recession fears.
I found two very interesting takeaways from Monday's sharp market reversal.
The hope is that we are hitting peak inflation, but the overall technical picture remains difficult.
I am currently holding around 60% cash and feel well-positioned.
It appears that miners, drillers and defense contractors are still the places to be from an equity perspective. Everything else is a trade.
Selections from next week's lineup of events: Monday Kohl's virtual investor day. Pfizer participates in Cowen's 42nd Annual Healthcare Conference. Tuesday Parker Hannifin virtual meeting with investors and analysts. Microsoft participates at ...
Picking a bottom is nearly impossible, but if one does not start layering in where the mud gets deep, then one ends up a bit light when the train leaves.
I always thought Kohl's was for sale, I just always thought it would be Amazon.
The department store retailer seems undervalued based on activist investor interest and the inclusion of Sephora shops in many of its locations.
Dillard's Inc. has pulled back recently after a tremendous run this year, but its charts suggest the path of less resistance going forward is higher.
I wouldn't expect a lot in the way of economic shutdowns, at least not unless clear evidence presents that people are getting sicker from Omicron.
Energy prices have turned out to be the primary driver for what now appears to be 'out of control' consumer-level prices.
Plus, checking out trades related to Amazon, Macy's and a few defense and metals stocks.
When you think of what's working ask yourself if you would be sensitive to a price increase or not. The ones you are not? Go buy their stocks.
The U.S. economy's next recession has already been scheduled. We just don't have a specific quarter just yet.