Prev Close | 118.94 |
Open | 118.81 |
Day Low/High | 118.21 / 124.16 |
52 Wk Low/High | 91.88 / 125.62 |
Volume | 1.39M |
Prev Close | 118.94 |
Open | 118.81 |
Day Low/High | 118.21 / 124.16 |
52 Wk Low/High | 91.88 / 125.62 |
Volume | 1.39M |
Exchange | NYSE |
Shares Outstanding | 114.09B |
Market Cap | 13.03B |
P/E Ratio | 14.78 |
Div & Yield | N.A. (N.A) |
I was out of the office on Friday but I was active nonetheless: * I sold out my iPath Series B S&P 500 VIX Short-Term Futures ETN long rental for a small profit. (Remember, VXX as well as leveraged ETFs are vehicles intended as a short-term rental a...
* Ss over Ns yesterday * I remain negative on the market outlook Yesterday's market action was eventful - with the Nasdaq exhibiting about a -230 handle loss. NYSE Composite breadth was modestly positive (1620 to 1540) - not bad relative to the Nas...
* Smucker's had a good beat for the second quarter in a row J. M. Smucker reported a $0.15/share beat (at $2.39) on better organic growth (+4%). Elevated at home consumption in the consumer and coffee segments were contributing factors. Smucker est...
Equity markets have run wild since Oct. 30, and it is the more economically sensitive indices that have really taken flight.
Protect your long positions.
* My continued mantra is less pontificating and more trading/investing * Considering a short in SPY and QQQ on further strength * Breadth disappointing (negative - 1475 advancers, 1565 decliners on the NYSE) relative to +25 S&P and +210 Nasdaq * I...
* Ss (S&P) over Ns (Nasdaq). Again and for the second day in a row. * Breadth was 2-1 positive. * Bonds continue to get smoked - higher in yield, lower in price. ( - $1.25/share). * Crude +$1.22/barrel. * Gold +$21.70. * FAANG plus M(SFT) weak, agai...
* Yesterday may have represented a classic "sell on the good news" * While many were cheering about the vaccine news, I was waiting to sell, red tickets in hand * Some stocks and sectors had a great year yesterday * And some stocks and sectors got s...
* I am trading unemotionally and based on changing reward vs. risk * I have moved to small-sized. * I have added to the following longs: , , and to on this morning's market weakness. * On the "whoosh" higher I reduced and to small-sized. I'll add ...
* Strong EPS beat * I am sticking with this inexpensive stock as I expect the trend to private label to continue TreeHouse's EPS of $0.71 was a nice beat relative to consensus of $0.63-$0.65. The driver was strong (+28%) EBIT growth as fixed cost le...
* The Nasdaq rose by 300 handles and the S&P advanced by 67 handles * The market was easy to dance to and had a good beat- I give this trading day a "95" "My name is Dougie Kass and I am 19. I am from Rockville Centre, Long Island, and I rate this t...
I am pressing the following value based longs: , , , , , , , and . Please note - regarding the pivot from growth to value - that the following growth stocks are lower in a sea of green: , , , , . __________ Long GOOGL, AMZN (large), VTV (large), VB...
* Mr. Market often does its best to confound the most investors * It may be doing it again, right now * I am large net long The most distinguishing feature of today's market action (nearly three-to-one advancers over decliners) was the excellent p...
Again, the pivot from growth to value is conspicuous this morning. Look at strength in "value" stocks like Caterpillar , Smucker , selected financials and ETFs, like and . By contrast, growthy names like Apple , Amazon , Zoom , and Carvana are wea...
* The transaction is slightly (2%-3%) dilutive * I don't see the move as market impactful In its move to concentrate in pet foods, snacks and coffee J.M. Smucker announced the sale of the Crisco line (oil and shortening) for $550 million (8x EBITDA...
The safe and stable food sector is a comforting option for investors to consider now.
I'm lookin' for love in all the right places with these lagging stocks.
* Some laggards that I have been buying "Well, I've spent a lifetime lookin' for you; singles bars and good time lovers were never true. Playin' a fools game hopin' to win; and tellin' those sweet lies and losin' again. I was lookin' for love in all...
Walmart is a beautiful thing to watch (up by another +$3 today) And so is our Trade of the Week, Amazon (+$43/share today). Twitter and Alphabet ain't half bad, either! (+$3), a recent buy, recovering from yesterday's weakness. is jiggy. (The Smarte...
In response to some email questions... very recent buys include , , , , , , , (upgraded), , , (I wrote several columns on the company yesterday), etc. __________ Long SJM (large), THS (large), GS (large), MS (large), GLD (large), WMT, GM (large), K...
I just added to and .
* Fasten your seatbelts as today is another day, Scarlett! Thursday's session was wild and volatile. Last evening was equally volatile - with S&P futures up as much as 20 handles and were down by -23 handles (at 7:05 am). The S&P is at approximate...
* This is not your father's market -- as old rules don't apply If your trading and investment decisions are based solely on price action (and charts) you should stop reading this column! Since two Wednesdays ago, I have been looking for a series...
* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When the ...
I was in a real jam yesterday when S.J. Smucker was trading much lower. I added on the weakness on Tuesday. Today I am eating peanut butter and jelly sandwiches!
I am bidding for more J.M. Smucker now.
* Big beat, good forward guidance * Staying with position (that has been recently added to) * SJM is on my Best Ideas List Our channel checks indicated for the prospect of a robust quarter despite a concerning brokerage rating and price target dow...