|Day Low/High||289.23 / 304.18|
|52 Wk Low/High||169.50 / 327.85|
* The cost of ultra fast trading. * Medallion Fund "stretches." * Is Apple's selloff a foreshadowing?
The news coverage of the coronavirus may be too negative and sensationalistic, but that doesn't help us to quantify the ultimate impact.
While it may not feel very good, what happened Monday is exactly what this market needed.
Let's instead do the kind of security analysis you have to do if you are going to navigate this moment.
Consider that The Oracle is currently 89 years old - and that he made his single best portfolio investment in over a half century at 87 years old!
I think, ultimately, the big issue for many will be what happens in the United States if we hear about people who didn't go to China who have come down with the disease.
While today is certainly risky, and DIS has earnings coming up next week, I would look at today as an opportunity to put on a position in DIS that is somewhat longer term.
I have been quite active this morning. * I have covered all of my , and shorts (at very good prices) in pre-market and in early market trading. * I have sold my entire SPY put position for a good profit. * I have added to (Mario Gabelli pushed the n...
* It is also probably the greatest investment ever made of a publicly-listed company in history - in either profits in absolute dollar terms or whether based on a time-weighted percentage return * Berkshire Hathaway has made about $43 billion on its...
Chinese President Xi Jinping, not a man given to exaggerate, has referred to the spread of this coronavirus in China as 'a grave situation.'
Dip buying is unlikely to be quick and easy this time, but eventually, the rush for the exits will create great individual stock picking.
While hardly a major technical breakdown at this point, this is the sort of corrective action that will create better trading conditions.
Many market players - including me - would be relieved to see a decent bout of selling.
Be prepared for 'China' to become a one-word palliative to ease investors' worries about weak guidance for corporate earnings in the March quarter.
American Airlines, Supernus Pharmaceuticals and TPI Composites should see their fortunes improve this year.
How does one approach these markets? How does one interpret what they see before them?
There is only one way to logically navigate this action -- and that is to wait for the price action to shift.
Talking heads finally see what's going on under the hood; the indicators barely budge; and the utilities are now knocking on the door of my target.
It's almost as if "someone" puts in a huge futures order on any dip... * Bonds were a feature, rising strongly (as yields fell by 4 basis points). The 10-year U.S. note yield closed at 1.735%. A multi-month low in yields normally doesn't jive with t...
As we get higher, there are a growing number of alarms that could awake the great bear.
Here's why we must closely watch earnings for Alphabet, Apple, Amazon and Microsoft.
The rival chipmakers each indicated that the inventory corrections that weighed heavily on 2019 sales are now largely over.
Given its exposure to Apple, along with 5G chatter, I think it's fair to say expectations are high into the number.
Don't get me wrong. This is not a bad name, and the quarter reported is not bad by any means.
It may not be too late to take part in the positive market action on semiconductor stocks, but be cautious. Here is how things stand.
The China coronavirus, extended technical conditions and a 'sell the news' reaction to earnings are giving the bears ammunition.
Stocks such as Dollar General and Nike are just too pricey right now, so look into bargain-priced small caps, instead.
While some fear a crash like the one after 1999's party, I couldn't leave this market if I tried.
Think about where Amazon went from $76. That's where one of these favorites could go.
Although not yet profitable, FSLY has a strong balance sheet and war chest of cash, and it's growing quickly.