|Day Low/High||37.39 / 38.26|
|52 Wk Low/High||22.46 / 58.83|
Abbott Labs can bring back some normalcy to this country -- and the world -- with its BinaxNOW rapid antigen test along with its amazing Navica app.
The amateurs won. Is that really possible? It happened.
Despite the S&P 500 closing within striking of a new record, U.S. futures are pointing to a down opening this morning. Weighing on the market are a few things: Ahead of the August 15 U.S./China trade talks, U.S. Secretary of State Mike Pompeo said ...
As airlines continue to struggle, announcing layoffs and schedule cancellations, Statista has some interesting data showing low-cost airlines, such as Jet Blue and Southwest , are gaining share on the Big Boys like American , Delta Air Lines and Uni...
As the month and quarter end, there's a key level on the S&P 500 to keep an eye on -- in addition to mandates from pension and mutual funds to move capital out of equities into debt securities..
Let's go over the confluence that allowed us to advance after a brief dip down in the morning.
Do you know what a company does, does it do it well, and is there anything going on that could change the trajectory?
Are equity markets still in a confirmed uptrend? It depends on which index you look at.
I have always felt right or wrong that LUV was better managed than maybe were some other airlines.
Something's very wrong here. I don't know how this can be. But it is happening and it seemingly can't be stopped.
Airline stocks led the rally last week and are still going strong, as market reopening continues and employment data is mixed.
The airlines took off as markets continue to be positive in the face of major negative economic headwinds.
The charts of the airline are indicating a couple bullish divergences that show buyers of its shares have been more aggressive of late.
Southwest Airlines is better than it seems and Take-Two Interactive is not as good as it may appear.
So what's the narrative? Simple: the recession is ending, it turned out to be a V recession and recovery after all.
The market itself may be ignoring the realities of its weakest players.
Maybe it ends up being a small price to pay to avoid a depression.
It's imperative that people get back to work, so we have this great compromise -- let's see how it might play out.
Money movers are not buying protection for individual names, but they are starting to bet against the market en masse, while the Russell 2000 ran up 4% on Monday.
Watching first-time jobless claims and trading volume, plus some thoughts on defense names like Raytheon and Lockheed Martin, and tech names like Lam Research.
Beyond energy markets and the potential for ancillary fall-out, the S&P 500, and this may be more important from a technical viewpoint, failed to hold that 50 day SMA.
Are the markets ready for a pause in this dramatic rebound? We are several weeks behind Europe in battling this pandemic and U.S. numbers are far worse. Time will tell.
Let's explore a concept I have been loath to consider.
Would love to know if Warren Buffett is adding here, or keeping his powder dry. Would simply love to know.
I still do believe that the panic is overblown, but that does not mean that it won't continue.
Don't buy airlines or travel stocks yet.