|Day Low/High||135.29 / 137.88|
|52 Wk Low/High||126.28 / 152.57|
Walmart and Barrick Gold are presenting a couple countertrend trade setups that are worth stalking.
As is customary, Mr. Market rallied from the morning schmeissing (at least halving the earlier declines): * Breadth was negative 2-1. * In percentage terms, the Russell Index declined 3x the Nasdaq and S&P. * Banks were mixed -- but Wells Fargo cont...
With my long sale of Walmart this morning, I have moved to an even larger net short exposure.
There's a lot to look at on the chart, so I will go through it slowly to see if you see what I see.
I sold my entire Walmart position in premarket trading this morning and I have taken the stock off from my Best Ideas List based on the following: * A continued slowdown in E- commerce sales: * Gross margins suffered and will likely get worse: * ...
The market's funk continued into the fourth week of March 2020, but by week's end a stellar TV performance by the Fed's Jay Powell would turn the tide.
The funny thing about flat lines is that the move at the end is usually explosive, but could go either way.
Yet the stock is lower on Wednesday and the reason behind the selloff is plain to see.
WMT has been stuck in a channel for some time flailing around its 50 DMA.
Experts pick their favorites in alternative energy from wind power to solar power to electric vehicles and the smart grid.
The multiple to revenue at which Pinterest shares are selling shows the value of creating a safe, civil vibe to a social media site.
Microsoft owns a slew of assets that it could use to strengthen each business, and it could see strategic value in owning a popular consumer social media platform.
This is a highly desirable property that comes without a lot of headaches, but also a fitting price tag, and why Microsoft is watching.
Brixmor Property Group should have ample fire power to meet its new dividend commitments as vaccines get rolled out.
If you look at the economy as between service and tech you find the old-guard being overrun.
A few days ago Walmart broke $140. I reloaded in the name after selling above $150/share. I have been steadily adding - and super sized it on Tuesday. The stock has begun to act better - and was trading up another +$2/share to almost $144.50. It...
I recently moved from small to large in Walmart . The shares are looking like they are moving out of a deep oversold. I suspect a lot of upside lies ahead for the patient investor in this name.
Traders should stand aside and let this correction play out.
I am talking about two defined paths. Let's call them Tesla and Plug Power.
Put down the slingshot and study these seven tenets.
The big doubt in the back of my head is that Jeff Bezos wants to take his eye off of the (this) ball to do other things.
Bidding for the following longs this morning: Walmart , Verizon , and . Offering the following shorts this morning: Disney , Tesla , Carvana , Peloton , Plug Power , , and . __________ Long WMT (large), SLV (large), GLD (large), VZ (large). Short T...
I am bidding for the following stocks on the long side now: and . I am offering the following stocks on the short side now: , , , , , homebuilders, and . __________ Long WMT, VZ (large), Short CNVA, PTON, ARKK (large), PLUG, Homebuilders (large), T...
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
I sold my large long at an average price over $150/share recently. My buy target on $WMT (under $140/share) was just hit. I just bought small at $139.60 - would be more aggressive but I am quite bearish on the markets.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.