Prev Close | 71.71 |
Open | 71.97 |
Day Low/High | 69.68 / 72.20 |
52 Wk Low/High | 20.00 / 56.11 |
Volume | 9.37M |
Prev Close | 71.71 |
Open | 71.97 |
Day Low/High | 69.68 / 72.20 |
52 Wk Low/High | 20.00 / 56.11 |
Volume | 9.37M |
Exchange | NYSE |
Shares Outstanding | 798.67B |
Market Cap | 55.70B |
P/E Ratio | N/A |
Div & Yield | N.A. (N.A) |
Some observations: * Ss over Ns. And the Russell is not crowing. (I added to my and shorts on the morning's strength). * Banks are lower in a sea of green this morning. It is my view that bank stocks are vulnerable after the runup. I will have a co...
* In a (price) momentum based investment world the winners often get overextended and the losers often get oversold "Ilu ho-tsi, ho-tsi-a-nu, Ho-tsi-a-nu mi-Mitz-ra-yim, Ho-tsi-a-nu mi-Mitz-ra-yim, Da-ye-nu! .. CHORUS: .. Dai, da-ye-nu, .. Dai, da-...
You can rock on for now while the music is still playing, but be prepared for the inevitable 'out of the blue' sour note.
For trader types who played the recent sharp rise in the shares of Walmart (from $130 to $140), Twitter (from $60 to $71) and even Amazon ($3050 to $3300) - I would not object to taking some off here. If I was trading I would have been very large i...
*Last week we looked at laggards to buy, today I look at shorts Last week I looked at laggards I would buy - some, like Amazon , Twitter and Walmart prospered: Apr 01, 2021 ' 08:30 AM EDT DOUG KASS Looking at Laggards * On the long side While I f...
I don't think President Biden pays much attention to the stock market at all.
Some late afternoon observations: * Ns over Ss. * Amazon and Twitter continue to be Nasdaq leaders - good buys on weakness. * Banks are turning red in a sea of green - normally a cautionary sign - but there is nothing normal about this market! *...
Looking at a painting by Renoir side by side. You see beauty. I check my watch. The same is true with economic policy.
"Just one more thing." -- Lt Columbo Bloomberg is reporting that Twitter is said to have discussed acquiring Clubhouse for $4 billion.
"The wise old owl, the big black crow Flappin' their wings singing go bird go Rockin' robin.tweet.tweet.tweet Rockin' robin.tweet, tweedle-lee-dee Blow rockin' robin" -- Bobby Day, Rockin' Robin The shares of Twitter (climbing by $2.30/share or +3.6...
The speculative gewgaws have lost their bids again and are falling back to earth. , , , , , , etc., getting taken to the woodshed. Usually this portends broader market weakness - but there is nothing normal about this market. Meanwhile, in part ...
The strong run for Twitter is continuing today.
* Like Led Zeppelin's iconic and mystical 1971 song, the market's advance has become almost an imbedded religious experience now * Buy the classics - the classic laggards (like ViacomCBS, Discovery and Amazon) * Rock on for now while the music is st...
* Another win for the bulls Though I remain negative on the major Indexes, I thought the market did an exceptional job of keeping the outsized gains of the last few trading sessions today. * Market breadth was about 5-3 positive as measured by t...
Liking the run in Twitter (+4%). I would be a buyer. The stock was in my laggards column of yesterday - along with ViacomCBS , Discovery , Silver/Gold, Walmart , and Amazon .
ARK Investment buys 266k shares of Twitter yesterday. I like the stock in here. Twitter, not !
Twitter is getting jiggy.
* On the long side While I find few stocks that meet my standard for selection (long) at current prices, here are some ideas: * Amazon appears to have successfully moved above an important technical milestone at he price of $3100. The company's #s...
* What to do now I continue to like ViacomCBS and Discovery as long trade rentals. I liked yesterday's pin action in Verizon , Walmart , and Twitter . And I would invest in all three at current prices - on the long side. I still like Schwab and...
Remember always that smaller companies require bigger due diligence.
Let's take a look at the charts and indicators.
We're now at the point of saturation, where the bad special purpose acquisition companies are driving out the good ones. So, don't blame the messenger.
I would continue to add to Twitter on weakness.
NFTs can play a big role in meeting financial tracking requirements, securing transcripts and test scores and tracking licensing of arts.
I continue to like the Twitter entry point here.
* The U.S. stock market remains materially overpriced * I would use market rallies to reduce equity exposure * Value is stretched now (financials and energy) while growth valuations are vulnerable to higher interest rates * I am looking towards some...
If I was active, I would be aggressively buying Twitter in here.
My Takeaways * The damage today was broad-based * I ended the day with a medium-sized net short exposure (down from very large at the beginning of the day) * Banks may have had a buying climax today * Tech (especially of a speculative-kind) remains ...