|Day Low/High||112.08 / 115.09|
|52 Wk Low/High||48.10 / 124.89|
Momentum in the stock of the electronics and appliance retailer has been weakening of late.
Now, that we have confirmation from the Nasdaq Composite, I think we can say equity markets are indeed back in what I would consider an uptrend.
What stocks do from here will, beyond electoral risk and potential stimulus, rely upon fourth quarter guidance.
Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.
It's remarkable to see such excitement based on totally contradictory theories and themes.
If we have the setup, I would use a bullish call spread with a November expiration.
Here's how I'd play it if we close above breakout levels.
The long side of DKS is attractive even at these heights.
As almost of the retailers have reported, we have to point out there are so many new winners that could have staying power.
We believe BBY can still work higher after a brief falling on Tuesday.
Monday's market action was in no way similar to that recent disparity between the 'haves' and 'have nots.'
Next week is the last full week of August and the start of the last two weeks of the summer given how the Labor Day holiday falls this year. If you were expecting a quiet week on the earnings front, you may not want to read what I have to share next...
If the Democrats sweep, you have perhaps the best single stock in the market.
For housing, lower rates have the biggest multiplier impact of any industry in the country.
Let's go over five excuses so you know and are armed with them when they are used and make you faint and weak-handed.
A crisis can offer unexpected chances, as seen right now with WMT.
There are stocks for people who believe we're roaring back, those who are hiding out from the virus, and those fearing gloom and doom. But here are the ones I'd give a workout.
With the U.S. opening up for business, expect a short-term shift to old fashioned brick and mortar sales. TJX should benefit in a big way.
As State economies begin the slow process of reopening, the Fed is there to support market function. Facebook's latest e-commerce foray has investors cheering.
Picking through the companies that either maintained or boosted their dividends, we would find a few of these characteristics.
BBY is up strongly today and we see only minimal chart resistance overhead.
This is likely to be a big retail loser, but here's how you can win with buying puts in M.
It continues to get ugly for airline and travel-related companies... British Airways parent International Consolidated Airlines Group SA (ICAGY) reported an operating loss of 535 million euros for the March quarter and shared it expects losses in t...
There's more than just one factor behind a lot of the sales jumps that are being seen.
What we have witnessed in recent days would be Wall Street and corporate America in aggregate finding great difficulty in quantifying what is clearly at this point, unknowable.
Let's check out the charts to see if a buying opportunity may arise.
These names were among the stocks chosen for MoneyShow's Top Picks 2020 Report.