|Day Low/High||289.23 / 304.18|
|52 Wk Low/High||169.50 / 327.85|
Despite a beat in earnings and other promising prospects such as 5G tech, QCOM faces coronavirus concerns and a tangle with EU regulators.
As mentioned in my Diary, if liquidity (of a central bankers kind) is the straw that stirs the market's drink - investors may be off sides in not weighing some (gaining) evidence that both the Federal Reserve and the ECB might be more hawkish than t...
Most notable on my screens today is the action in Twitter.
The shares remain wildly overvalued and you should not buy them.
I have added to my net short exposure today: * Shorted at $334.25 in pre-market. * Shorted at $323.27 in pre-market.
Disney made a number of encouraging disclosures about Disney+ on Tuesday. But Netflix's subscriber growth still looks pretty solid.
As everyone watches direct to consumer and international -- as well as the cost of the coronavirus -- here's where I want to see DIS before buying.
Investors in Asia appear to be clinging to the hopes of stimulus flooding China's markets. But with one-third of WARS cases outside the epicenter, the new coronavirus threatens to get out of control.
Breadth improved -- somewhat -- but while everyone was yapping about Tesla, did you see what's happening with Microsoft?
Many now feel we will make it through this epidemic better than we thought we would just a few short days ago, but...
Enjoy the run, but don't get caught holding the bag.
I wanted to repost my opener as it was published very early this morning (and some have missed it): * S&P stock futures are gapping much, much higher * Iowa's Democratic disastrous primary "non-results" are still delayed - so, it's on to New Hampshi...
I reestablished shorts in Apple and Spyders at $315.30 and $328.60, respectively. Back to small net short.
* S&P stock futures are gapping much, much higher * Iowa's Democratic disastrous primary "non-results" are still delayed - so, it's on to New Hampshire? * Telsa's shares are trading over $800/share this morning (look for an equity or convertible off...
My contention is that it is a tough and "newsy" market to trade in: * Breadth deteriorated throughout the day -- ending less than two-to-one positive. * Bonds were unchanged. The 10 year U.S. note ended the day at 1.525%. * Crude oil broke the $50/b...
The stock has been pummeled along with the rest of retail, but things are not that bad.
The longer that the market can stay in positive territory then the more likely that more buyers will enter.
My first trading move in February will be to do some buy-write orders Monday using just out of the money call options on the Energy Select Sector SPDR ETF.
The shares of Apple declined dramatically on Friday. Over the weekend the company announced that all of its Chinese retail stores will be closed for about a week period. That will not be a bona fide problem for Apple - as it will only defer and push...
How will Chinese demand for goods and services as well as dramatically reduced Chinese production impact U.S. corporate performance?
Buying right here might be ill-advised -- not because of the risk of a gigantic decline, but to wait for more information on how this coronavirus is spreading.
Clearly there will be some global demand issues, supply chain risks and sales slowdowns.
RMPIA ended January up 0.8%, but now the damage from the Wuhan virus is weighing on the future.
A lot depends on this weekend, and Chinese markets reopen Monday.
The VIX is finally acting like the coronavirus is serious.
Amazon is a main reason why you should have faith that our country remains the leader in technology. Oil companies like Exxon may just be on the wrong side of history. Ask Elon Musk.
I hope that investors remember that actual human beings are the ones purchasing cars, cell phones, and coffee everywhere around the world.
As I keep saying, the key to the market is the action at the close.