|Day Low/High||257.78 / 264.65|
|52 Wk Low/High||177.36 / 298.49|
And, globally, mergers and acquisitions are off to their best start ever for a new year.
Maybe inverse and/or leveraged positions are perverse in nature.
Heading into the second half of 2016, many companies remain resilient.
In this market looking for quality, even the best companies can hit a ceiling.
Johnson Controls (JCI) was among the best performers on the S&P 500 Wednesday after announcing it is exploring a strategic separation of its automotive business.
Low rates and bullish company calls mean these building-material plays look good.
Construction in this area has badly lagged, but recent data suggest it is now poised for improvement.
Let's take a peek at overnight and early action in some of the more important asset classes. The rundown: S&P futures +1; Nikkei +; European markets +; euro +; crude +$0.50; gold +$24; and the 10-year U.S. note yields 2.48%. Worth mentioning: Friday...
The momentum unleashed today is very impressive -- this stock is set up well for more upside.