|Day Low/High||45.19 / 46.02|
|52 Wk Low/High||43.02 / 59.52|
One surprising name may be the 'clean-up hitter' for the sector.
If you navigate the market correctly, you can make money while waiting for something significant to shift.
Stretched consumers seem likely to repair rather than replace, as well as take longer to pay off car loans.
Reflecting my market view and the early year giddiness/madness, I am continuing to raise cash. I am calling an audible and reducing a very large Time Warner long to medium-sized -- I had recently been adding -- and eliminating small positions in Rad...
Reflecting a less attractive reward vs. risk, I have moved my Wells Fargo & Co. long down to tag ends.
Wells Fargo, Nucor, Disney, Macy's, United Parcel Service, Schlumberger are just a few examples.
Wells Fargo and Time Warner are the "world's fair" today. As mentioned earlier, I have added to TWX today and I recently reduced my Wells Fargo long.
Without Time Warner in the fold, T stock is a classic value trap.
Are you ready for Thursday's opening bell? Here's everything you need to know:
I have reduced my Wells Fargo and Dillard's longs to small just now. Both stocks remain on my Best Ideas List, however.
Markets were higher "from flagpole to that's all" today. The Russell Index, which has been lagging, led the markets to the upside. Bond yields were considerably higher (by about four basis points) - and a possible yield breakout and price breakdown...
I re-established a small Macy's long this morning and I added to my sizable Dillard's long. I sold the balance of my small ProShares UltraShort S&P 500 long for a large loss. I just now sold off a small amount of Wells Fargo at $61.01 and also a sma...
Of course there is weakness. But so far, this has been an opportunity every time.
The broad S&P 500 is up 18.7% so far this year, but investors shouldn't count on this type of return every year.
In the last few days I mentioned that Wells Fargo seems to "have a date" with $60/share. Boom and booyah!
We asked our experts their thoughts on the current market environment during our December Trading Strategies session. Listen in because Wells Fargo is worried about a steepening yield curve.
Shipments could start showing signs of decline in March.
I missed very little and was better served at my "liquid" lunch meeting. Bitcoin was being bitcoin (+17%) with prices contrasting wildly by Exchanges -- a signpost that volatility will be with this commodity for some time. I have a double dose of Bo...
New high for the year in Radian Group and close in Wells Fargo .
"One last thing." -- Lt. Columbo For nearly a year and a half I have written that if a corporate tax rate reduction is implemented, Citigroup will have a monumental hit to equity. Here is what I wrote in December, 2016: The Downside to Lower Tax...
Mark Bertolini's stock options total in the hundreds of millions of dollars.
* Thus far, my expectation of an "inside day" has been accurate. SPDR S&P 500 ETF has traded in a fifty cent range most of the day. * Bonds are at the day's highs. +$0.88. Yield on the 10-year U.S. note is down by 3.5 basis points to 2.32% (where y...
Recent observations: * The Russell Index is down for the third day in a row. (Note Recommended Reading that small caps are at the highest valuation since the dot.com boom/bust. * The yield on the long bond is down by over three basis points while th...
Discovery now holds a 70% stake in the company.
Bitcoin dropped another $1,500 Wednesday after setting a record high.
And on days like today, there can be a lot of it for some investors.
I am moving Wells Fargo from a very large long to large now. Also, I added to my Time Warner long today.
And how I'm playing defense (and aerospace) on the latest from North Korea.
Here's just a few things the CFPD has done to protect consumers and increase transparency among lenders.