|Day Low/High||152.49 / 157.53|
|52 Wk Low/High||17.91 / 178.50|
There are a number of pros for being long either UPS or FDX.
The battle to gain control over Covid-19 is entering a crucial stage and calls for continued determination.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
Equity markets have run wild since Oct. 30, and it is the more economically sensitive indices that have really taken flight.
I will come back to these names over and over again as we are now in the sweet spot for many.
A lot has happened over the past couple weeks, but little has changed. Let's dig in.
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.
Thanksgiving week is often favorable for small-cap trading. We may have seen a preview of that.
A look at the charts of Advanced Micro Devices and Tesla, plus a review of the 'broadening' market action from Thursday.
Technical analysis has become so much more accurate a trading tool than it ever was before.
With coronavirus vaccines on the horizon and a potential 'Green Deal,' I'm brightening up to a trade idea in SPWR.
The plan is to take off what was a successful trade and reduce the risk, leaving an investment in place somewhat composed of 'house money'.
When Nvidia reports after the bell Wednesday, I'll be focused on three key things.
Each day you hear analysts talk about headwinds and tailwinds until your head spins -- so let's try to put together a forecast.
Sector rotation has been so harsh that it has masked the real fundamentals. There's nothing to say that both sectors and stocks cannot be up.
One of the most-hated sectors of the market is taking off, and it's not too late to get on board.
They called it rotation. I'm still not completely convinced. Don't you normally have to sell something to rotate?
Be aware that major rotation is going on and listen to arguments that optimism over a vaccine might be too high.
As the Dow hits an all-time high while a pandemic rages on, who are those willing to look through the valley to the good numbers?
The rotational nature of this action is making for some tricky trading.
Pursuing stocks that are extended may prove regrettable.
I'm long MRNA and have been since the beginning of the pandemic.
How much chasing do we want to do at this point?
* Buy the rumor (S&P futures +42 handles), sell the news? * Look for Ss (S and P) over Ns (Nasdaq) as Moderna's great vaccine news will hasten the pivot from growth to value * Look to value investments - banks (my favorite group) and other beneficia...
The only expectation that I have for now is a near certainty in increased volatility caused by several factors.
Comments by Mitch McConnell, Jerome Powell and Christine Lagarde had impacts on the market Thursday.
What happens when everyone hunkers down, creating their own de facto stay-in-place lockdown?