|Day Low/High||140.74 / 142.26|
|52 Wk Low/High||126.28 / 152.57|
* Always a dangerous role! The Smartest Trader in the World just mentioned to me -- see Comments Section -- that Amazon (which I am small sized in) just broke out to the upside of a three-month downtrend since Oct 15. ($3,345-$3,385 price objective ...
I have been adding to my position in Walmart . It is now medium in size.
The stock hasn't done much of late, but perhaps FedEx's earnings report Thursday will offer clues of what's going on in delivery.
Direct-to-consumer is the name of the game as we realize we don't really need to go to the mall or store if we don't want to.
News that is propelling shares of the supplier of hydrogen fuel cell systems upward inspires these trade ideas.
I suspect that Walmart has been down eight out of the last 10 trading days owing to the absence of a stimulus bill. I have long expected no bill this year but a scaled-down one possibly in January and a more meaningful bill definitely in February,...
I neglected to mention yesterday that Walmart fell into my buy zone and I purchased a small amount. Still small sized, though.
Oh-oh, what's love got to do, got to do with it? What's love but a second-hand emotion? What's love got to do, got to do with it? Who needs a heart when a heart can be broken? - Tina Turner, "What's Love Got To Do With It" What's more "real" -- the ...
Stocks sold off hard from the early morning highs -- with S&P 500 futures about negative 45 handles below the best levels. Volatility weakened and then rose, coinciding with the breadth reversal (something I was laser focused on this morning). I...
DocuSign, Lululemon Athletica, Splunk and Walmart are the diverse quartet of stocks that we're tracking.
When it comes to COST, traders can always - since the pandemic began - let the 50 day SMA be their guide.
Investors should be pleased that the company is taking its time with Walmart +.
The great news about the pent-up demand rally? While these stocks have been creeping up they are now going to explode higher.
* The S&P is about 20% overvalued * I am medium-sized (about -25%) net short * And I have a lot of room to get shorter on further strength I have been net long for the majority of 2020. No longer. I have steadily reduced large holdings in a number...
We are in the midst of another run on guns and ammo, fueled in part by Americans continuing to arm themselves in a time of uncertainty.
* Google joins an expanding list of long holdings that have gone from large-sized to small-sized On Friday I reduced my Alphabet holdings from large-sized to medium-sized: Nov 27, 2020 ' 10:40 AM EST DOUG KASS Reducing Long Exposure Through Individ...
Traders should watch the retail giant more closely based on its charts.
Remember, if you understand markets, this has been more a broadening of the bull market, not a rotation.
I think that it's pretty telling that Amazon is up and United Parcel and FedEx are down.
* I do love pizza * But the dual concerns of pulling forward sales and some evidence of disappointing sales, relative to high expectations, has reduced my upside price target for Papa John's . In keeping with my paring down of some long term invest...
There are a number of pros for being long either UPS or FDX.
*The "Biden Bump" has taken stocks higher in the fourth quarter * Many stocks have moved from undervalued to fairly or overvalued * Market participants are now again complacent, greed has replaced fear and markets are now vulnerable to a bitcoin-lik...
China's second-largest e-commerce operator is spinning off its online pharmacy and health clinic JD Health in a $3.4 billion IPO.
The panic selling beating banks took made sense in March. Here's what didn't make sense.
In addition to seeing blistering growth, the U.S. restaurant-delivery leader has been cash-flow positive this year. That makes for quite the contrast with Uber's delivery unit.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
Equity markets have run wild since Oct. 30, and it is the more economically sensitive indices that have really taken flight.
Let's check and see how flexible the charts look.
Walmart has regained some of its recent losses today, rising by +$2.72 to $151.81. I have reduced my medium-sized WMT position to small-sized just now. As mentioned recently, I had a very large long position going into the quarterly report a few day...