|Day Low/High||45.96 / 46.31|
|52 Wk Low/High||43.02 / 59.52|
Today's top stories: The Las Vegas gunman,Stephan Paddock, killed himself as the SWAT team moved in, Equifax's former CEO will testify before Congress, and Goldman Sachs is considering cryptocurrencies.
It is incredibly healthy to see so many stocks so strong, from so many sectors.
Stocks are on track to end September in positive territory, leaving some investors wondering if the gains will continue into October.
My only trade so far Friday has been to add to my large long of Wells Fargo Corp. .
"Why make trillions when we can make billions?" -- Dr. Evil I started the day with a multi-part series, "Sell FANG." Here, here and here. A Bull Market in Complacency -- why volatility is low and corrections are non existent. Auction Action. N...
Wells Fargo , everyone's most-hated stock -- well, maybe the second most hated, with Equifax being the first -- is trading at a new multi-month high in premarket trading (up around $0.70 to $54.50). Here are my most recent comments about the bank....
I have been adding recently to my long Radian Group position (now large in size) as the share price has declined coincident with the recent hurricanes and what I believe to be unjustified investor concerns that losses would be rising from the awful ...
There may be unintended consequences from unwinding its balance sheet.
My paper pairs trade of long Wells Fargo (up 0.5%) and short Nvidia (down more than 4%) is muy bueno today.
"Just one more thing." - Lt Columbo How about that (paper) pairs trade long Wells Fargo /short NVIDIA ? New high WFC and NVDA -$9!
Wells Fargo trades over $54 -- to a new one-month high. Meanwhile, the short side of the (paper) pairs trade, Nvidia , -1.50. So far so good.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer analyzes Wednesday's trending stocks.
The most hated stock may be Wells Fargo . The most liked stock may be Nvidia . Time to put on a "paper" trade -- pairing Long WFC and Shot NVDA -- based on extreme investor sentiment? Just throwing it out there. Let's keep score in the tim...
Yesterday I put a top-rope elbow drop in moving very large in Wells Fargo long. This morning I put on a top-rope elbow drop in moving to a very large SPDR S&P 500 short (at $250.05).
And I think it's gonna be a long long time 'Till touch down brings me round again to find I'm not the man they think I am at home Oh no no no I'm a rocket man Rocket man burning out his fuse up here alone - Elton John, Rocket Man "'The Brain' Was ...
Speaking of WWF, I am now putting on a 'top rope elbow drop' on Wells Fargo. This is my new term to connote a very large position. (I have decided to further add to Wells Fargo today -- abandoning my $52 buy limit). In the late '80s and early '90s, ...
Wells Fargo hits a one-month high and I believe the best is yet to come. I have been a consistent buyer and I would buy more under $52.
In the early-morning bond session, the yield on the 10-year U.S. note touched 2.20%. That was my short-term objective in my Trade of the Week, long ProShares UltraShort 20+ Year Treasury . (Remember, the yield closed at 2.06% last Friday). Yesterda...
Those who can handle one less trip to the mall each month will make it.
Wells Fargo traded down to $49.25 three trading days ago and is now trading at around $51.30. Unemotionally, I have added to the stock in each of the last five trading sessions on weakness. It is now a top five individual long position.
I plan to end this holiday-shortened week more heavily short than I started the week. In a parody of a scene from the movie "Ghostbusters," I concluded yesterday's Diary posts with "No Mass Hysteria, Yet," in which I observed, though the market as a...
At $27.06 I have moved back to a large ProShares UltraPro Short QQQ holding. I have added to my Wells Fargo , Radian Group and Allergan longs in the early going.
"I satirize at all times, and my hyperboles are as nothing compared to the events to which they refer." - Marshall McLuhan We are stuck in a fantasy legislative land. Goldman Sachs gets on board with my Hurricane Harvey/Budget view. Sell te...
There were big losses in Wall Street's return from the long weekend as North Korea's latest missile tests set off market tremors.
Adding to Wells Fargo long and trading around (meaning covering) some of my Goldman Sachs short (trading around position).
Over 400 business leaders have signed a letter defending the Deferred Action for Childhood Arrivals program
I added further to two large longs this morning: Wells Fargo and Twitter . Also of note: Nordstrom gets jiggy this morning (up 3%). Investors must be hoping for a going-private deal in the short term!
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer analyzes Thursday's trending stocks.
Wells Fargo looks as if it's been operated like the Teamsters Union.