| Prev Close | 344.66 |
| Open | 349.08 |
| Day Low/High | 334.33 / 359.63 |
| 52 Wk Low/High | 306.00 / 401.50 |
| Volume | 5.58M |
Mastercard Incorporated Class A (MA)
354.28
9.60
2.80
NYSE
| Exchange | NYSE |
| Shares Outstanding | 982.56B |
| Market Cap | 332.85B |
| P/E Ratio | 49.40 |
| Div & Yield | N.A. (N.A) |
Fed Thoughts, The Statement, The Presser, Trading ServiceNow and Lam Research
The market is done handing out participation trophies, at least for now. You likely won't do well just showing up and playing the game.
Microsoft Moves Closer to the Metaverse
Here's why I like MSFT buying Activision Blizzard.
Citigroup: Too Cheap to Ignore?
* Market participants appear to be waiting until Citigroup's divestiture program from a number of foreign markets is fully completed * Redeploying those assets into buybacks, with the shares at a large discount to book value, makes a lot of financia...
Santa Baby, Volatility, CDC Shift, Apple $3T, CES, Trading Energy Stock APA
Over those past 15 years, the S&P 500 has posted an increase for the last week of the trading year 67% of the time.
First Data on the Holiday Shopping Season!
According to the Mastercard SpendingPulse, preliminary findings show holiday retail sales, excluding automotive, increased 8.5% year-over-year this "holiday season" with online sales up 11.0% year over year, while spending from consumers returning t...
Mastercard Remains on the Defensive, But That Could Change
While MA shares have been under selling pressure for several months, downside momentum is slowing.
The Threat of Buy Now Pay Later (BNPL)
* Will the collapse in the share price of a leading Australian BNPL company presage weakness in the U.S. in 2022? * When a hyper growth credit product is not funded by core deposits - problems typically emerge * For now the credit cycle is benign - ...
Covering Credit Card Shorts
I covered my credit card shorts ( , ) far too early. It is pure carnage today in a continuation of a very bizarre market characterized by so-so breadth today (but awful over the last few weeks)
Quiet Season, Oil, Credit Card Boondoggle, Cisco's Strike Out, Nvidia's Home Run
Energy prices have turned out to be the primary driver for what now appears to be 'out of control' consumer-level prices.
Mastercard Needs to Prove Itself with Price Strength
Here's where to buy the shares.
Chop Fest Proven Wrong
I began last week thinking chop fest. The S&P 500 and Nasdaq proved that view wrong.
The Worms Turns, O Bank of Canada, Flattening Curve, Ford on Fire, Apple, Amazon
We had almost forgotten that sometimes Mr. Market can still land a ham-sized fist squarely upon that beaming smile of yours.
Payments Sector Suffering
The entire payments sector, as well as some of the airlines, are suffering ( -$20, -$12) after Visa pushed back their expectations of the rate of recovery in cross-border travel in last night's conference call following its earnings beat. The com...
Covering 3 Shorts
I have covered the balance of my , and shorts.
Charging Ahead
"Just one more thing." - Lt. Columbo On the EPS news, I am taking in more of my Visa short and also covering some Mastercard in after hours - both stocks are down by $10 to $11/share.
Short Moves
Taking in some of the following shorts: , and .
What to Watch Next Week
Next Week (Selected Macro) Monday AM: PM: Tuesday AM: , , , , , PM: , , , Wednesday AM: , , , PM: , , Thursday AM: PM: , , Friday AM: , PM: none Next Week (Selected Macro) Monday: Dallas Fed Manufacturing Index Tuesday: Case-Sh...
Weak Credit
Credit cards names, and , have been conspicuously weak over the last two sessions.
The Charts Say, Give Mastercard Some Credit
MA appears ready to resume its uptrend.
New Buy (and Short) 'Levels'
New Buy (and Short) 'Levels' * My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. This column is a continued commitment towards...
Covering SPY, MA, V
I have covered all of my short at $427.10 just now. Moved to net long. Also, I just covered some of my and shorts at $342 and $221.50, respectively.
Excellent Shorts
Some of our shorts are excellent today: , , , , , , , , , , , .
Traditional Credit Card Companies Will Be Disrupted
* And EPS are likely to disappoint as profit margins contract On Monday I added to my shorts in Mastercard , Visa and American Express , three of the most popular and widely owned financial stocks. Monday's Fast Money program had a panelist on who ...
A Long List of Shorts
I have shorted a long list of existing individual equity shorts today -- especially in the soon-to-be-disrupted financial area ( , , , etc.), which has benefited from the rate rise. Also, is a new short -- another high-growth stock vulnerable to hig...
Today's Trades
* Bought and . * Covered and shorts. * Covered SPY short puts and added to short calls. * Shorted , , , , , , and .
Adding to 7 Shorts
I have just added to the following shorts: , , , , , , .
Short Moves
I am covering a portion of my positions in the following shorts now: , , , , , , , , , , , and .
Fear and Loathing on Wall Street
* We remain in a 'Bull Market In Complacency' * There is certainty and precision of the bullish consensus despite a wide range of possible market and economic outcomes - many of which are adverse and market unfriendly * A deeper than expected (and "...
Adding to 3 Shorts
I added to my , and shorts this morning.
Some Popular Market Sectors to Consider Selling/Shorting
* Lower stock prices, slowing economic growth, the potential disruption by Defi/FinTech and other technological initiatives/innovation and "pulling forward" present are some of the multiple threats that lie ahead for numerous companies in sectors wh...
