3M Co. (MMM)

I really like the pin action in a number of my core longs: , , , , (as expected off of the strength), , , , and . and , not so much! Note: Long GS (large), BAC (large), C (large), WFC (large), JPM (large), DWDP (large), HIG (large), CBS, M (small), ...

3M guided full year numbers lower, as expected. But unexpectedly, the market's reaction has been quite favorable - perhaps because the miss wasn't as big as feared. This could enure to the benefit of DowDuPont , which, too, should report somewhat di...

Though financials and FANG (which are at an important top of the price channels/charts) are great, industrials (DowDuPont , 3M ), autos (a one-day wonder from yesterday), retail (Macy's , Target ), semiconductors (Micron Technology ), transports (Un...

"The day will come when you think you are safe and happy, and your joy will turn to ashes in your mouth." - Tyrion With interest rates still messaging weakening economic growth and industrial stocks doing the same (see and ) we continue to be caught...

I was a large buyer of stocks during the last half of December. On the market's extraordinary strength since Christmas I have made a number of portfolio changes this week: * Eliminated longs in 3M , Amazon and Google . * Reduced long holdings in Squ...

There is nothing worse than spending several weeks researching a company -- talking to competitors, suppliers etc. -- and then determining at the very end that the fundamentals do not appear to be holding up. That is the real crappy part of fundamen...

I have called an audible on 3M . Based on my research in the last few days I am no longer comfortable with my earnings expectations. I am taking 3M off of my Best Ideas List and selling the stock now (for a gain).

Thanks for reading my Diary today. I am going to cut out early because I want to finish my write-up on 3M which I hope to have out tomorrow morning. Enjoy your evening.

"Look up and not down; look out and not in; look forward and not back, and lend a hand." - Edward Everett Hale Make no mistake about it, the stock market panic and Bear Market of November-December 2018 is serious and profoundly threatens the economi...

Here is a list of stocks I own in my pension plan:  ,   ,   ,   ,   ,   ,   ,   ,   ,  .

Adding to and now.

My three favorite tech stocks for the near and intermediate term remain , and (my Trade of the Week). My two favorite industrial stocks are and . My favorite financial stock is . My favorite ETF is . My favorite takeover speculations are SQ, TWTR an...

As mentioned, I have been an aggressive buyer of over the last few days. I hope to have my analysis out later this week but I have been jammed.

I'm buying DowDuPont , 3M and Square . Aggressively, I might add.

I had promised the delivery of a full analysis of my most recent buy (also added to Best Ideas List) - 3M . Unfortunately, as I am travelling I won't have most of my notes so I will send out the column on MMM next week. Thanks for understanding.

Over the last 10 days I have been active on the long side. Additionally, I added several new longs to my Best Ideas List. I currently have, as previously reported, no individual equity shorts. Last week's long buys (and add-ons) of , , , ,  , etc. w...