|Day Low/High||48.38 / 50.85|
|52 Wk Low/High||19.25 / 135.31|
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.
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.
Something's very wrong here. I don't know how this can be. But it is happening and it seemingly can't be stopped.
So what's the narrative? Simple: the recession is ending, it turned out to be a V recession and recovery after all.
Royal Caribbean, Carnival and other cruise operators have significant hurdles to clear before they're appealing as equity investments.
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.
I know that some funds actually lost their whole year or worse, because they stayed short and were forced to cover these shorts.
There was a mild increase in trading volume at the New York Stock Exchange, but it was a rotational shift.
Oil isn't really worthless and Amazon isn't the only retailer that will survive, but we are in a mixed up market thanks to Covid-19.
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 is unclear non only when cruises will resume, but also how eager passengers and crews will be to return to its ships once service starts back up.
It's a better representative of how the market values a company than market cap alone.
Investors may now need to think about permanent changes to how we vacation.
Dine Brands Global and Royal Caribbean looked cheap a few days ago yet fell a lot more on Thursday, which makes timing an entry challenging.
With the coronavirus fear as thick as pea soup, many names don't yet qualify as 'stupid cheap'.
Fear is the name of the game here, not reality, and until it abates, all bets are off.
Bottoms can prove frustrating to call, so investors would be better served by seeking out individual stocks selling at a discount to normal values.
I still do believe that the panic is overblown, but that does not mean that it won't continue.
The answer to that question depends on several factors, so let's break them down.
At least days like today, when we're told the coronavirus has 'peaked,' show us exactly where the coiled springs really are.
I'm watching the shares of Estee Lauder, Disney and Amazon.
RMPIA ended January up 0.8%, but now the damage from the Wuhan virus is weighing on the future.