|Day Low/High||304.97 / 322.25|
|52 Wk Low/High||70.26 / 588.84|
Can you buy Tesla, Spotify, Zoom? Each is a different story, so let's look at tech stocks and how they're moving as we go into the reopening.
From my perch there is little to "like" about the market over the last few days. (Remember... tops are processes, bottoms are events.) A number of individual stocks look dreadful -- even "beast mode" Amazon is down about 12% from the recent after-ho...
Physicist Zeng Yuqun has ridden a 169% jump in shares of the electric-battery maker he founded to top spot on the Hong Kong rich list.
Good morning folks, we've got a full day of earnings reports as well as a modicum of economic data on tap. I'll be your cruise director today, and yes, that is a slight nod to The Love Boat, which ran from 1976-1985. Some of the earnings reports I'l...
* Also, beware of "first level thinking" and looking at the rear view mirror * eBay, Netflix, Twitter, Zoom, Microsoft and Apple all have something in common - the "stay at home theme" has likely been discounted and played out * Leading technology c...
Welcome to the 'new' old world -- the world we had before all the new people and their money came into the market.
Amazingly, one group isn't just left behind, it just keeps losing money, while the other group is shrugging off this day with aplomb.
You never want to be caught in a counter trend rally.
Here we'll check for opportunities in these two online names.
*Last week we looked at laggards to buy, today I look at shorts Last week I looked at laggards I would buy - some, like Amazon , Twitter and Walmart prospered: Apr 01, 2021 ' 08:30 AM EDT DOUG KASS Looking at Laggards * On the long side While I f...
Get used to 'hybrid' living -- a mix of stay-at-home and free-world life. So, invest accordingly.
What crushed the individual was a lack of diversification.
Here's why the institutional stewards of capital who are taking back control of the market are salivating over a dirty old iron company.
* Slowly, but very surely, prior market leaders have crashed * At times, markets can churn when leadership is unclear or non existent * But, given current high valuations, a more ominous market outcome seems more likely * Consider "Uncle" Bob Farrel...
Stay focused and look for opportunity.
You need to respect that a market can be as vicious and nasty as it was joyous and oblivious toward the news that comes its way.
Yesterday the speculative gewgaws fell apart (e.g., , , and , etc.). Today the larger cap concept stocks are taking a fall ( e.g., , and ).
I think it's worth examining how we can spot a bottom the next time after the inevitable selloff.
* The U.S. stock market remains materially overpriced * I would use market rallies to reduce equity exposure * Value is stretched now (financials and energy) while growth valuations are vulnerable to higher interest rates * I am looking towards some...
Here's how -- and why -- you should look at these value stocks instead of the Teslas and Zooms of the world.
"Raindrops on roses and whiskers on kittens Bright copper kettles and warm woolen mittens Brown paper packages tied up with strings These are a few of my favorite things Cream colored ponies and crisp apple strudels Door bells and sleigh bells and s...
The rotation out of technology and into 'reopening' plays is driving the deceptive action.
Momentum is nowhere near where it was a few weeks ago, but there are a couple of dozen stocks up more than 10%.
Smaller to mid-cap names have fared somewhat better than large cap tech, but make no mistake... there is a circle of life/death here.
Investing can be fun until it turns brutal for what seems to be no reason.