|Day Low/High||50.38 / 51.76|
|52 Wk Low/High||30.24 / 64.75|
Small-caps and mid-caps are still picking first downs on every play, storming back from a badly oversold condition that has just about normalized.
Let's remember, when the government is working together, it can accomplish great things -- like avoiding what could have been the worst downturn this nation and this world has ever seen.
My suggested trades on Allegiant Travel worked out well, so let's take stock of them.
The airline's technical pattern indicates it could be setting up for a rally after a period of descent.
BA can't turn around until free cash flow improves dramatically.
Let's look at the many positive story lines out there -- which having nothing to do with the Fed -- and what they mean for investors.
I'm more focused on the production, manufacture and transport of materials raw, finished and refined than ever before.
The shares have been flying higher the past 12 months.
When you hear about chip shortage you need to think of Lam. The world needs Lam to add to capacity as fast as possible.
Canada made the developed world's first moves toward normalizing monetary policy coming out of the pandemic, despite the fact that Canada does not seem to be flattening its own curve.
The main story unfolded along with the passing hours on Monday, and continues. The ending of this tale perhaps remains far from untold.
Let's review this Archegos drama and some lessons from this fickle market.
We're headed to Boom Town, so let me show you how to line up your ticket -- and the best picks for the great reopening.
Bond markets are pricing in medium-term economic growth amid monetary and fiscal conditions that they believe to be conducive to igniting inflation.
The problems faced by not just Southwest, but by the entire airline and more broadly the travel industries in 2020, is no secret.
Everyone gets frightened. Everyone fears the water moccasin when hip deep in the swamp. Everyone fears what they cannot see, and what they do not understand.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
I need to see more upside momentum for DAL to provoke my inner bull.
I think BA returns to normal as we do, as the airlines do... but with the defense contracting business as a foundation to rely upon.
There's also a report that the new vaccines appeared to maintain efficacy against new strain(s) of the virus.
The market seems to be screaming that people will return to traveling once the virus abates; I think so, too.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
I will come back to these names over and over again as we are now in the sweet spot for many.
The plan is to take off what was a successful trade and reduce the risk, leaving an investment in place somewhat composed of 'house money'.
The only expectation that I have for now is a near certainty in increased volatility caused by several factors.