|Day Low/High||178.58 / 181.92|
|52 Wk Low/High||112.60 / 187.67|
I will come back to these names over and over again as we are now in the sweet spot for many.
None of these questions have been answered which is why I see chaos ahead as we can't even imagine this process working.
Basically, I think we laid out enough reasons for financial markets to revolt, yet they did not.
Here's to the removal of uncertainty -- and thousands of campaign signs on thousands of lawns in my neighborhood.
With 33 years of consecutive dividend increases, this health care name is a member of the Dividend Aristocrats Index.
Several sessions over the past 10 days have seen increased trading volume at the NYSE, but not the Nasdaq, and for the S&P 500, but not the Nasdaq Composite. Is this professional risk reduction?
Plus, there's talk of a possible combination of Advanced Micro Devices and Xilinx.
Plus, reading tea leaves in the recent action in Apple and Salesforce.com.
But that's exactly where we are right now, in this third day of the rotation, so here's your path to safety.
Plus, Russia could provide a real-time clinical trial of a coronavirus vaccine.
Expect more fiscal and monetary support and don't expect a full return to previous economic activity for quite some time.
I recently endorsed the packaged foods goods sector and have purchased more Kraft Heinz , TreeHouse Foods and J. M. Smucker . (All three are on my Best Ideas List.) The stocks did quite well yesterday. Credit Suisse chimed in bullishly this morning ...
I don't think any of the takeaways have to do with the political mess in Iowa, nor the 'State of the Union' address scheduled for Tuesday night.
These stocks are priced for total imperfection. That's just what you want.
Markets are watching what Fed Chair Powell will signal for future rate cuts during this afternoon's FOMC rate decision.
Traders need to respect this price strength.
So many companies -- like Netflix, Facebook and Johnson & Johnson -- are not trading on earnings per share, but on factors that are nearly impossible to quantify.
Understand that the expected Fed rate cut today is not about recent economic performance in the least.
We have more than 1,050 companies reporting quarterly earnings from Monday to Friday, and here are the ones to keep focus on.
As usual, the stocks that bounce back first are the tech stocks with little Chinese exposure and the consumer packaged goods that just demonstrated good numbers.
I've spotlighted three blue-chip companies with stock prices that are at ridiculously low valuations right now.
Cardinal Health and McKesson have similar business models, but they are very different stocks.
Undervalued shares can get even cheaper in the short run but eventually they play catch up, running much higher.
Many see the Fed as done for the year. Never assume. Read the words as they are written.
McKesson is a high-quality name with a very depressed valuation.
Underwater positions on stocks you feel lukewarm about are prime candidates for tax selling.