|Day Low/High||44.84 / 45.79|
|52 Wk Low/High||43.02 / 59.52|
It is my view that the large money center banks are poised to rally in the near term: The financial space has been a conspicuous underperformer over the last month - in the face of a 10-15 basis point decline in the 10 year US note and long bond yi...
Berkshire's cash hoard has grown to an astounding $116 billion.
My largest incremental purchases this week (on the long side) have been , , and .
Departures from FB are going to hurt en masse and they make it extraordinarily difficult to value the stock itself.
Go over your portfolio. If it didn't go up today, you've got a real problem on your hands.
I added to and longs. I took a small trading long rental in at $267.70 (its a sixty minute trade!).
The financial sector has a long history of doing better earnings-wise as interest rates rise.
"Pretty good. Pretty, pretty, pretty, pretty good." -- Larry David, Curb Your Enthusiasm All in all I had one of my best days in a long time - short SPDR S&P 500 , long SPY puts really helped. But oddly, many of my longs -- Alternative Harvest ETF ,...
Sectors are saying different things about rates, but new Fed chief Jerome Powell could provide clarity at his first press conference on Wednesday.
The markets broke out of my 2725-2750 (S&P) price target on Friday. The apparent reason for the impressive Friday ramp (on the ninth anniversary of The Generational Bottom) was the reaction to a much better than expected jobs number coupled with sti...
I added to the following longs today: ETFMG Alternative Harvest ETF , The Hartford Financial Group , Campbell Soup , and Wells Fargo . I am offering more VanEck Vectors Retail ETF on the short side (above the market).
The pause in the advance of bond yields has put a lid on bank stocks recently. I believe the bond bid will prove temporary and I am adding to my large long today.
Broadly speaking (not all inclusive!) my portfolio looks like this: * Short Large Spyders ( ) * Short Large Bonds ( ) * Long Large Gold ( ) * Long Large Pot ( ) - Speculative! * Short Retail ( , , ) * Long Large Selected Individual Equities ( , , ) ...
Added to Wells Fargo and Alternative Harvest this morning.
I want to buy or add to these stocks in a market correction and/or a retest: , , , and . I have been researching a few others which I will identify when my buys are triggered.
Added to , and longs. Shorted a larger amount of at $278.30 (average cost today around $278.20). Now slightly (ever so!) net short in aggregate exposure.
I don't have the patience or the deep pockets of Warren Buffett when I look at charts.
On today's early and sharp ramp in retail stocks I have sold out the balance of my and longs. (I remain concerned about a possible low takeout price which could adversely impact the group over the short term.) I would be a buyer of both stocks in a...
I have added to the following longs this morning: Wells Fargo (back to large-sized) and Dillard's .
* But on Valentine's Day I Am Falling Out of Love (Again) * Took SPY Long Profit and Went Short SPY Near the Close after a 600 Point Intraday Move In the DJIA Pretty good. Pretty, pretty, pretty, pretty, good. I wanted to briefly review and comment ...
I have reestablished my Wells Fargo long position. I will have a column up on the bank this week.
Both should hold up well if inflation heats up.
As posted, I scaled out of all of my Wells Fargo long at very good prices during the climb in January. My sales were based on the large gain in the shares and the reduced reward v. risk -- as I had no idea about the regulatory conditions that were a...