|Day Low/High||33.44 / 34.01|
|52 Wk Low/High||27.88 / 43.08|
Basically, I think we laid out enough reasons for financial markets to revolt, yet they did not.
The stock market has gone essentially nowhere since the news from Pfizer about a vaccine; expect more overbought and high complacency.
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.
* "Stop trying to make fetch happen!" * The investment mosaic is so much more complex than some pretend it is * Investing in reaction to headlines, like the vaccine news yesterday, is "first level thinking" * Revelations occur when the market tide g...
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?
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.
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.
The market's defiance in the face of obvious negatives not only creates a short squeeze, it creates FOMO.
Look at companies that were decimated by lockdowns in the spring and figure that history is about to repeat itself.
What DIS does best is sell entertainment and leisure to mass audiences, and we're in an era where there are no mass audiences.
Comments by Mitch McConnell, Jerome Powell and Christine Lagarde had impacts on the market Thursday.
After the soft 10 yr auction on Tuesday, today's 30 year was soft as well. The yield of 1.68% was above the when issued of 1.674%. The bid to cover of 2.29 was below the one year average of 2.35 and matches the second lowest in a year. The only salv...
You had better ensure that your cash flow is improving owing to those holdings.
Trading volume was low enough Wednesday to indicate a lack of conviction, or conviction that did not spread across enough managers to truly change the narrative.
There also are multiple ways to look at what to expect next from Treasuries and junk bonds and how to act accordingly.
Just how many markets are there? We used to say 'the market' was up or down by so many points. No more.
The stock has broken above long-standing resistance with this week's move. Here's how to trade it.