|Day Low/High||142.77 / 146.41|
|52 Wk Low/High||69.77 / 153.81|
"It's not the news that counts -- it's how the stock market reacts to the news that counts." -- Richard Russell (hat tip to Sir Jeff Saut for the source of the quote) The above quote filled my head most of the day (General Motors , Ford , Caterpilla...
Results from Home Depot and others are worrisome.
PPG Industries was downgraded to NEUTRAL from BUY by analysts at Goldman Sachs.
We may see some selling going into the next rate hike, but I still have bullish hopes for gold.
This morning the yield on the 10-year U.S. note climbed another three basis points to 1.76%. The yield is now 41 basis points above July levels, serving to underscore my notion that a Generational Low in Bond Yields already has occurred. Meanwhile,...
As you all know I give a lot of thought to my Trade of the Week, as I did over the weekend, once again. We are doing well on these "Trades" recently - lets see if the skein can be continued! I am thinking that today's market rally is a bit of a ...
Industrial markets remain weak (more on this later in the day). Toward that end, Dover warns, which follows last week's lower guidance at Honeywell and PPG and adds to earnings problems in the important industrial sector.
Here are some of my amateur technical observations from my fundamental perspective. To begin with, the averages have been narrowly range-bound and many groups have undergone meaningful corrections. Fifty percent of the stocks in the broader S&P 1500...
Stocks wavered in an unsettled session before ending with slight losses. A miss on the headline jobs number raised questions over the Federal Reserve's rate-hike plans.
Technology is a necessity for taking share in a slow-growth world.
Be careful of exposure in the industrial space. Shortfalls by Honeywell and PPG today are warning signposts. My view continues to be that the domestic economic outlook is deteriorating. More on this next week.
One company indicates that business is good in the all-important non-residential construction sector.
The housing sector is marching on, pulling the economy along.
The stock sets up well for more upside and should be considered a low-risk buy on weakness.
TheStreet's Jim Cramer says if Friday's job report comes in strong, it may be an opportunity to buy stocks.
Sherwin-Williams Co. (SHW) has agreed to pay $11.3 billion to acquire rival paint and coatings producer Valspar Corp. (VAL).
TheStreet's Jim Cramer is keeping an eye on shares of Sherwin-Williams, following its roughly $9 billion acquisition of Valspar.
The upside is glaring, and it is terrific.
A wave of potential restructurings is forming.
Jim Cramer is adding shares of Bank of America to the AAP portfolio because it's the bank most levered to higher short-term rates.
We think that there might be more chance for crude oil futures to trade higher the next several weeks
The charts show that we could be in the bullish phase of a classic pattern: the head-and-shoulders formation.