|Day Low/High||433.55 / 443.16|
|52 Wk Low/High||192.58 / 446.55|
I plan on riding this trend to the bitter end -- and piling on profits earned along the way.
The icing to the market's cake has been monetary and fiscal stimulus.
Liquidity, FOMO and a short squeeze are driving market action.
* "Buyers live higher, sellers live lower" * With so much systemic buying and little discretionary buying - speculation and large price moves have become more commonplace * How Robinhood is at the core of speculation and why their impact is consider...
On July 8th I wrote about the prospects for the upcoming earnings season where I expected some beats from companies that were aided by the "stay at home" factor but that the best would likely be behind some of these companies: Next week earnings se...
Among the companies that seem to be managing the challenges of 2020 quite well is Pluralsight Inc.
Are U.S. politicians really rocking to Lil Uzi Vert's Futsal Shuffle, and worried their efforts will fall into Chinese hands?
"The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's opt...
Plus, Russia could provide a real-time clinical trial of a coronavirus vaccine.
In the vast middle, there is a mishmash of action and rotation.
This market simply has no fear of staying with the big-cap tech names that have been leaders for so long.
In less than an hour we will end the week, which also shuts the book on July - are we really one-third of the way through the current quarter already? Despite the mixed performance this week that saw the Dow trade off modestly, the S&P 500 inch hig...
I'm a buyer of Spartan Energy Acquisition, but with a patience level beyond Veruca Salt.
Reports suggest Nvidia is in advanced talks with SoftBank to acquire its Arm Holdings chip business, which is already poised to see its considerable industry position bolstered given key partner Apple's recently announced custom silicon for its Macs...
There is no thought of selling here and now, even with politicized pressure on the industry.
Personal Income in June dropped 1.1%, more than the expected 0.5% decline. This will add to the concerns I shared earlier about the consumer's ability to spend during what is normally the Back-to-School shopping season as economic stimulus payments ...
Tutor Perini, Beazer Homes and Alexion Pharmaceuticals all turned in solid results in the face of the pandemic.
Plus, it could be quite a while before the labor market can absorb all those people who are out of jobs.
Following last night's blowout quarterly results from Apple , Amazon , Alphabet , and Facebook , U.S. futures suggest a positive open when trading begins later this morning. However, when we consider that shares of those technology companies are mov...
I suspect that we're more likely to see corrective action in the form of a rotation rather than broad selling in the indices.
We have another Stocks Under $10 holding moving higher this week as Nokia's June quarter results beat on the bottom line and the company upped its 2020 earnings forecast. The company is the latest beneficiary of the ramping 5G market and noted its g...
This is a good example of the great difficulty of being an anticipatory bear in this market.
It was PG's best annual sales growth in 14 years.
Huge earnings news and economic reports will drive the indices while aggressive speculative trading continues in smaller stocks.
The Fed has done a lot, and is willing to do even more, but for now, is watching Congress. The fiscal side is where the next shoe falls.
More than anything else, the hearings shine a light on how tech giants are looking to defend themselves as antitrust probes continue.
Let me disabuse you of some of the biggest canards that people routinely spout involving the Fed and stocks.
Anyone playing the guessing game into earnings is rolling the dice.