|Day Low/High||16.58 / 16.85|
|52 Wk Low/High||16.55 / 34.11|
There was a story almost entirely missed by the media on Wednesday. The Treasury Department announced a tapering of its own ahead of the Fed's policy statement.
We had almost forgotten that sometimes Mr. Market can still land a ham-sized fist squarely upon that beaming smile of yours.
President Biden was asked on Thursday during a CNN Town Hall whether or not he could pledge that the U.S. would protect Taiwan. His answer was the only one I think the world wanted to hear... "Yes". Biden explained, "I don't want a Cold war with Chi...
The lack of urgency at the FDA, as it is in the defense space, is alarming.
Plus, a closer look at a tough Thursday for equities and a rundown on the stocks the author is accumulating.
Nancy Pelosi and Mitch McConnell have plenty more up their sleeves. The appearance of having gained the upper hand is more important to them than your P/L ratio.
While all cyclical equity sectors did well, last week's push into more economically sensitive equities was indeed led by the energy sector.
The U.S. evacuation of Kabul is not really a market story, but it is deeply embarrassing, and an obvious weight upon sentiment.
Doesn't the Fed now have to taper asset purchases simply to avoid becoming an even greater force in these markets?
The president's plans to raise taxes aren't a surprise, but hiking the capital gains rate significantly isn't such a hot idea.
Space used to be a black hole where investment dollars went to die. Today investors see only opportunity.
Once you recognize that growth versus value is a false dichotomy than we can figure out what's ailing so much of the market.
The main story unfolded along with the passing hours on Monday, and continues. The ending of this tale perhaps remains far from untold.
Word that the French government is locking down activity in certain regions due to a Covid re-emergence shouldn't be ignored.
We can still look forward to that always elusive 'follow through' day for the Nasdaq.
Should we care about Australia's central bank taking overtly aggressive action to reign in the long end of their yield curve? Yes, we should.
This is how you enforce portfolio allocation discipline upon yourself.
Here's how traders could play the stock now.
Aggressive selling has been going on for months.
What We Need Now? Pure and simple. Follow through. Equity markets have to follow through.
As Treasury heads for longer-dated issuance and names like PTON run higher on earnings, selloffs late in the trading day continue.
Consider these stock model ideas: virus groups, work remotely, and fiscal.
Here are a number of things that I'm watching now.
It offers exposure to unmanned aircraft systems, drones, tactical missile systems, first-responders, telecom connectivity, and is exploring commercial A.I. & agricultural applications.
BlackRock's doin' it, Microsoft's doin' it, so all traders should think about ESG-based investing.
Apparently, unless the Iranian military simply does not train on their weapons, which I do not believe, the exercise was one of saving face... for now.