Morgan Stanley (MS)

Here are 10 additional reasons why I have taken such an aggressive position in bank stocks:  * CECL accounting came to be in 1Q2020. It is a bigger bank phenomenon. However, it's supposed to reserve a portfolio up front for losses over its life vs. ...

* Some laggards that I have been buying "Well, I've spent a lifetime lookin' for you; singles bars and good time lovers were never true. Playin' a fools game hopin' to win; and tellin' those sweet lies and losin' again. I was lookin' for love in all...

Here's a follow-up on why too much of a good thing can be wonderful.   My Trade of the Week (long JPMorgan ) is +2% today.   I continued to buy this name during the week.   In financials, as mentioned earlier in the day, I added to Morgan Stanley on...

I have added to and I have established a new position in . I also added to on the acquisition-based dip this morning.

The Fed has extended the buy back ban for banks to year end. To me, this is the sort of news that is part and parcel of the bottoming process for the bank sector.  I have continued to add to the existing holdings and recently reestablished longs in ...

Disney , one of last week's longs that I reestablished (along with Goldman Sachs  and Morgan Stanley  ) is getting jiggy now.   It was a morning add.     

After having sold my s, I am adding to what i view as "value stocks." I am bidding for Papa John's  , General Motors  , Walmart   , Morgan Stanley  , Goldman Sachs  .... and more bank stocks.

* This is not your father's market -- as old rules don't apply   If your trading and investment decisions are based solely on price action (and charts) you should stop reading this column!   Since two Wednesdays ago, I have been looking for a series...

* We seem now to be at or near an an extreme negative investor sentiment reading in financials  "Buy on the sound of cannons, sell on the sound of trumpets." - Grandma Koufax  Boy oh boy... I hope Paul Price is correct!  I have recently upped my alr...

Above all I seek to deliver transparency and ownership of my trading and investing ideas.  Trading and investing is an imperfect science. No specific methodology has a concession on the truth. As Grandma Koufax used to say, "Dougie, there are many w...

I was active today:  * Covered the balance of my and shorts. * Sold my and puts. * Initiated a long. * Reestablished longs in , and . All have been on my Best Ideas List for years. * Moved to large (Trade of the Week).  * Added further to banks.  * ...

I have done some buying in the last hour.  This includes, but is not restricted to, Papa John's , Morgan Stanley , and Goldman Sachs , which have all come back down to my buy levels.   I have also initiated an investment in Walmart .   I am now slig...

* 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. "When the time comes to buy, you won't want to." -- Walter Deemer "When the ...

* Bank stocks, viewed as intermediate term investments, are now uncommonly cheap * My June 5 expectation for "backing and filling" in the group has been realized * This week's EPS reports could mark the industry's nadir in operating fundamentals * G...

Next week the June quarter earnings season maelstrom kicks off with 115 companies, including 32 S&P 500 constituents, reporting their latest quarterly results. In recent days we've seen a number of companies up their outlook for the quarter but we'v...

Shares of AMC Networks  are moving higher amid reports the company has hired Morgan Stanley to explore a sale... Several diaries ago, I speculated something like this could happen, as part of the content arms race we are seeing. My thought at the ti...

This morning I moved from small net long to between small and medium net short in exposure: * I have covered my short calls. * I have moved my long to large. * I have initiated an short. * I have added to my individual stock shorts: 1. Added to and ...