|Day Low/High||292.94 / 296.47|
|52 Wk Low/High||199.62 / 305.84|
While the big guns meet at the White House about the global chip shortage, the president and these companies are approaching this all wrong.
I have covered my trading short rental in Microsoft ($303.04) for a small gain.
For the reasons mentioned yesterday I am re-shorting Microsoft at $304.50. A meaningful drawdown in the S&P Index must be accompanied by a decline in MSFT's shares (and the FAANG complex), which comprises nearly 40% of the Index.
Let's look at how we can go higher and what must go right before the advance has staying power.
MSFT's dividend hike and buyback program are garnering attention.
I am shorting for a trade in premarket ($303.75): $MSFT move is de minimis relative to company's market cap of $2.3 trillion and no bigger than previous buybacks. Moreover with shares up dramatically the marginal (accretive) impact on EPS is materia...
The spread of COVID's latest and scariest variants continue to warp economies across the planet, preventing commerce from functioning more normally.
The Real Money Post Industrial Average is now up 18.2% -- here's why it could still plow ahead of the Dow and S&P 500.
The firm that has kept businesses in business during the pandemic reports after Monday's close.
One cannot say that the financial marketplace is completely disrespecting or indifferent to what Fed Chair Powell may signal.
Here are my top 10 interpretations of the language of non-fungible tokens (a.k.a. my must-read primer if you're going to do anything with NFTs).
Some pandemic beneficiaries are seeing growth slow down. But secular and/or cyclical trends remain strong for many other tech names.
Plus, checking out trades related to Amazon, Macy's and a few defense and metals stocks.
Equity markets rallied out of an "almost deep" hole earlier in the day to finish the session close enough to unchanged. The S&P 500 tacked on 5 points or 0.13%, while the Nasdaq Composite picked up 15 points or 0.11%. The Dow Industrials closed down...
When you think of what's working ask yourself if you would be sensitive to a price increase or not. The ones you are not? Go buy their stocks.
Microsoft , a longtime fave of mine, is raising prices for business subscriptions to its Microsoft 365 product. As of March 1, 2022, the price of Business Basic will move to $6 per user from $5 per user. Business Premium goes to $22 per user from $...
What caught my eye? Growth. Growth to the left, growth to the right.
A wall of liquidity seems to absorb every dip. But there are also enough reasons to be ever vigilant.
* Cannabis stocks have high growth prospects and are virtually recession resistant but are trading at value multiples. * With few institutional owners, the cannabis space may now provide the best upside reward vs. downside risk of almost any market ...
This British-American electric vehicle manufacturer looks ready to roll.
* This morning's opener provides an explanation as to why I have been bolstering my net short exposure * Policy errors may now require bold investment decisions * The wisdom of Stan Druckenmiller (who is short the U.S. dollar and Fixed Income, long ...
Quarterly earnings have so far revealed a number of data points for my 'Digital Infrastructure and Connectivity' investing theme. Let's connect the dots.
Shares in the e-commerce site leapt by the daily limit in Jakarta, with the company paving a path to public markets.
When we combine the poorly placed HOOD IPO with the startling miss and guidance markdown in Amazon, the stage seems to be set for a correction.
There were positive earnings call takeaways for AWS, YouTube and Microsoft Dynamics, among other businesses.
* History rhymes * But this time Robinhood stole from both the rich and the poor * The Robinhood IPO reminds us of the previous April 2021 direct listing of Coinbase (top in cryptocurrency prices) and the LaBranche IPO (top in the markets) in July 1...