|Day Low/High||25.35 / 25.71|
|52 Wk Low/High||14.78 / 26.28|
It's been an active trading day for me. First, I covered and later reshorted the SPDR S&P 500 ETF (SPY). I've also added to the following longs: Bank of America (BAC), Citigroup (C), Ford (F), Goldman Sachs (GS), JPMorgan Chase (JPM), Morgan Stanley...
I'm adding to the following longs: Ford (F), General Motors (GM), Potash Corp. (POT), Radian (RDN) and Yahoo! (YHOO). In doing so, I've moved from market neutral to slightly net long.
"(I got to get home) But, baby, you'd freeze out there (Say lend me a coat) It's up to your knees out there (You've really been grand) I thrill when you touch my hand (But don't you see) How can you do this thing to me." -- Frank Loesser, Baby It's ...
The stocks I'll buy on any more weakness are Citigroup (C), JPMorgan Chase (JPM), Wells Fargo (WFC), Bank of America (BAC), Twitter (TWTR), Potash Corp. (POT), Yahoo! (YHOO), Google (GOOG), SunEdison (SUNE), Radian (RDN), MGIC (MTG), Alibaba (BABA) ...
In the "whoosh" lower I have added to the following longs: Radian Group (RDN), Potash (POT), Twitter (TWTR), Bank of America (BAC), Citigroup (C), and JPMorgan Chase (JPM). I am now slightly net long.
I have just added to the following longs: Potash (POT) at $26.45, Radian (RDN) at $18.07, Twitter (TWTR) at $27.45, Hartford Financial (HIG) at $49.14 and Yahoo! (YHOO) at $35.15. Still, I continue to remain net short in exposure.
Fear of more intervention may be causing REITs and other housing-related stocks to sag.
Radian (RDN) is currently my largest individual equity long, while Apple (AAPL) is currently my largest individual equity short.
I sold a portion of my long rental of Google (GOOG) at $632 and added to Radian (RDN) at the last sale price.
Radian Group (RDN) update. -- Improving credit ratios translates into a $0.05 EPS beat. -- Thesis intact. Radian recorded another solid gain relative to expectations. Adjusted for non-recurring items, second-quarter 2015 came in at $0.40/share - a $...
I just added to my Home Depot (HD) short at $115, and I added to my Radian Group (RDN) long at $18.75.
Today's takeaways and observations: I would call today's feeble bounce as a win for the Bears. Though SPDR S&P 500 ETF Trust (SPY) and PowerShares QQQ (QQQ) are about where I covered yesterday, I have some regrets. Gold has spit the bit, as we used ...
-- Last week I wrote about buying volatility. If I was long VOL I wouldn't sell VOL today. -- We are starting to see a return to more normal levels of volatility... and to more natural price discovery. -- Strategy of buying beneficiaries of lower ra...
I've added to Twitter (TWTR) and Radian (RDN) this morning. Both stocks are on my Best Ideas List, and I made TWTR my Trade of the Week on Monday.
Radian Group (RDN) is upsizing a note offering, and Moody's announced plans Monday to review the company for a possible debt upgrade. Radian remains on my Best Ideas List. I added the stock at $12.69 back in November 2013.
Here are my trades so far for today: I'm "all in" on closed-end municipal-bond funds now. I covered more iShares 20+ Year Treasury Bond ETF (TLT) and sold more ProShares Short 20+ Year Treasury ETF (TBF) I added to my Twitter (TWTR), Radian Group (R...
I added to General Motors (GM), Market Vectors Agribusiness ETF (MOO), Potash (POT) and Radian Group (RDN). I shorted PowerShares QQQ Trust (QQQ) and initiated a QQQ Put position (June $109s). I reestablished a small Apple (AAPL) short.
I shorted small in SPY and QQQ. I added to longs of Ford (F), General Motors (GM), Radian (RDN) and a few closed-end municipal bond funds.
I have added to Radian (RDN) today and I am bidding on a scale lower. I recently updated the stock's outlook. The stock is on my Best Ideas list and is my favorite housing-related security.
The strongest sector right now is benefiting from interest rates talk.
Jim Cramer answers viewers' stock questions from the floor of the New York Stock Exchange.
With the stability/strength in financials, coupled with another five-handle drop in S&P futures (to down 15 points) and the 55-handle drop in Nasdaq futures, I have moved from a slightly net short to market neutral now. This compares to my more-than...
I added to Radian (RDN) and Bank of America (BAC) longs. I shorted more Comcast (CMCSA) on the EPS report (I have no clue why the shares traded +$1.45).
I added to my SPY and QQQ shorts this morning. And I added to my RDN, Potash (POT) and Twitter (TWTR) longs.
This morning, Radian (RDN) had a strong beat relative to expectations for the first quarter. In response, I expect the shares to make a new 52-week high in the next few days. Earnings came in about 10% above consensus at $0.35 a share. The most imp...
This morning I added to the following longs: RDN, F and GM. My only short was the Trade of the Week, in which I shorted IWM.
I remain short Facebook (FB) (at about $85) on a trading basis. Late Friday, Robert "Not Rita" Moreno wrote the following technical observation about Facebook. While I don't fully understand it, it bears noting as many had left for the day. Meanwhil...
I have added to my BB&T (BBT), Radian (RDN), General Motors (GM) and Ford (F) longs. I have also added to my SPDR S&P 500 ETF (SPY), Caterpillar (CAT) and Facebook (FB) shorts.