|Day Low/High||48.42 / 49.57|
|52 Wk Low/High||17.80 / 84.73|
IBM beat expectations and the complexion the overnight mood changed. But will the mood change hold?
My suggested trades on Allegiant Travel worked out well, so let's take stock of them.
The airline's technical pattern indicates it could be setting up for a rally after a period of descent.
BA can't turn around until free cash flow improves dramatically.
Buyers make or break companies with their voting or buying or betting. Somedays it's all that matters.
Let's look at the many positive story lines out there -- which having nothing to do with the Fed -- and what they mean for investors.
After today's close there are only a handful of companies reporting, including Steris , Take-Two and Trip.com . Of the three, at least to me, the most interesting one will be Trip.com as it will not only confirm some of the comments in recent week...
While KO has no snack business it should still do well as restaurants reopen.
The marketplace responded well to the first week of earnings season, or should we say what we saw beyond the banks that dominated.
The company is in a secular downtrend fundamentally, but the stock has risen with the market in this wild ride over the past 12 months.
There was less focus on movement between various sectors in Monday's trading and more emphasis on the merits of individual stocks.
One of the most continual themes in this market is that anything that was liked last year is hated this year.
This is how you enforce portfolio allocation discipline upon yourself.
The problems faced by not just Southwest, but by the entire airline and more broadly the travel industries in 2020, is no secret.
I think BA returns to normal as we do, as the airlines do... but with the defense contracting business as a foundation to rely upon.
The great news about the pent-up demand rally? While these stocks have been creeping up they are now going to explode higher.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
I will come back to these names over and over again as we are now in the sweet spot for many.
Plus, we check in on Peloton and Datadog and the Nasdaq Composite Index.
It makes logical sense to take your foot off the gas here.
Covid itself, and therapeutics or vaccines associated with taking on the SARS-CoV-2 coronavirus, is under a public microscope.
This stock in my opinion is going to move violently in the short term.
Japan Airlines and ANA are struggling like all airlines, but once travel recovers they may have competitive advantages over international rivals.
Camping World has seen a boost amid the pandemic, but will it go on for the long haul?