|Day Low/High||16.35 / 17.74|
|52 Wk Low/High||7.03 / 59.78|
Often hidden reasons are lurking below when there's maximum confusion, and here's what they are.
The amateurs won. Is that really possible? It happened.
It may just be a matter of time before the green chokes on the pestilence and the stock market stars don't even matter.
The Fed chairman's gutsy decision to backstop pretty much everyone averted massive job losses and putting entire industries into receivership.
Let me disabuse you of some of the biggest canards that people routinely spout involving the Fed and stocks.
Let's go over five excuses so you know and are armed with them when they are used and make you faint and weak-handed.
As Pimm Fox on Bloomberg Radio would say, good morning, good morning! With Doug out today, I'll be once again taking the Diary wheel for a spin. U.S. equities tumbled on Wednesday as the surge in reported coronavirus cases put the kybosh on the re-o...
Do you know what a company does, does it do it well, and is there anything going on that could change the trajectory?
I can't educate the foreign investors. The professional mutual fund managers think I'm dead wrong. But I can help teach the new retail traders.
These stay-at-home, newbie short-term investors are learning the hard way about gambling on 'bargains' bound to go belly up.
Young day traders have flocked to the market, and they don't know a balance sheet from a ball of yarn.
The airlines and cruise companies are falling back down to earth, and here's why they started to take off in the first place.
NCLH has been moving straight up and gapped higher on Friday.
Something's very wrong here. I don't know how this can be. But it is happening and it seemingly can't be stopped.
People will still go to work. They just won't carpool and they won't take the train. They will drive.
So what's the narrative? Simple: the recession is ending, it turned out to be a V recession and recovery after all.
Let's step back and look at this market that has abandoned all sorts of safety and went all in on the stocks of companies based on the Fed's words and a promising Moderna study.
With financial help these companies are already on the mend when you look at forward bookings which is, when you value these stocks, all that really matters.
Maybe NCLH will weather the storm but I think a lot depends on people's sense of safety.
Maybe it ends up being a small price to pay to avoid a depression.
What you are looking for right now are stocks that haven't moved that can get the credit they need.
It could make the difference if the debt and equity markets remained thawed after a brief period of freezing.
The five best performing and worst performing stocks in the S&P 500 in the previous quarter pretty much tells the tale of the tape, so here goes.
It was quite the day to be sitting in on the Daily Diary. It was definitely the liveliest day of conversation I can remember here. Stocks posted nice gains as the POTUS declares a national state of emergency due to the coronavirus. This will enable ...
If cruise lines and restaurants and retailers and airlines and oils are in trouble, so are their bankers.
In this environment with travel and the markets it is understandable that NCLH has been under selling pressure.