|Day Low/High||168.87 / 172.35|
|52 Wk Low/High||114.04 / 182.54|
The news coverage of the coronavirus may be too negative and sensationalistic, but that doesn't help us to quantify the ultimate impact.
Let's instead do the kind of security analysis you have to do if you are going to navigate this moment.
Let's see what traders and investors may be thinking or how they might be positioned.
Chinese President Xi Jinping, not a man given to exaggerate, has referred to the spread of this coronavirus in China as 'a grave situation.'
I have been among the most wary of China and its ability to change. I remain that way. But the U.S. got more than I ever thought.
Also: People's Bank of China, the Fed, U.S./China trade deal, Brexit, USMCA.
Let's review the charts and indicators to establish a new strategy for the new year.
It would be nice to think that perhaps Boeing might be on the right track, but we might be talking about trying to steer an iceberg here.
The purpose is not to shake you out, although it can feel like that; here's what's really going on.
Most important is that the Fed felt the need earlier this week to expand it's minimum offering for overnight repo operations, while also increasing the 14 day repos.
On the biggest day for earnings reports in the S&P let me give you my scorecard to date so you know which pile your stocks might land in.
Large-cap equity indices over a month have churned on lackluster interest outside of the high-frequency crowd, and the trucking and rail sectors are outperforming the indices this month.
Unless you like to buy high and sell low, taking some analysts' word on 3M has made no sense.
These five stocks have shared more than 60 consecutive annual dividend increases with their respective shareholders and their current dividend yields are greater than that for the S&P 500.
* Only three of eleven S&P sectors are viewed as attractive * I am in a risk off state of mind. Back in 2015 I instituted a new regular feature called "Sectors," in which I periodically offered my short-term (6-12 months) price outlook for each of t...
A trade deal still seems far away, so check your China exposure, again, as earnings season approaches.
Look at 3M's stock price deviation, manufacturing inventories and auto sector weakness before you assume that the consensus economic expectations for 2019-2020 are realistic. Danielle DiMartino Booth writes that you should not just scratch the surfa...
The Fed also finds itself under pressure amid indications of a slowing U.S. economy
Everyone keeps asking me if there's a recession around the corner. My answer: I don't see it.
Let's turn to the charts and indicators.
3M, Caterpillar and Johnson & Johnson all face headwinds with a strong dollar.
Steadily, the once-revered markets of Brazil, Russia, India and China have become hazardous places to do business.
Looking for a reliable dividend stock that pays no matter what condition the economy is in? Look no further than this industrial giant.
Another strong day from U.S. equities. Of course one might not know by looking at the Dow Jones Industrial Average, as the blue-chip index only realized a gain of 0.2%. Dow Inc. and 3M Co. weighed on performance. It was yet again, the Russell 2000 (...
We can only hope that Fed Chairman Jay Powell is checking in with power companies and other industrials to see how tariffs are really decking parts of this country.
Here's the only way to explain why stocks jump like mad if the companies underneath them only perform slightly better than the analysts worried they would.
That's Better Than Feared vs. Worse Than Feared when it comes to these companies' latest reports on a big day for earnings.
And as the semiconductor sector continues to shine, Brooks Automation is a name to keep in mind.