|Day Low/High||266.39 / 269.28|
|52 Wk Low/High||167.04 / 268.44|
Plus, Federal Reserve Vice Chairman Richard Clarida talks about inflation, though his description doesn't sound "transitory."
The Fed has probably refined what message that it wants to put forth and has sent the minions out to speak its current version of "truth".
Here's how to play UNP as oil rises to around $65 a barrel.
The most important thing if you are a GameStopper is that you have to ponder how Unity is worth $29 billion and Activision is worth $79 billion.
* And a few more observations about speculative activity, "talking heads" and celebrity (investors) * Another new (speculative investing) paradigm? Hardly * As night follows day, the current speculative phase will end, and with it, countless traders...
Upon hearing of Buffett's latest moves, I pulled up the charts. What I found was a little surprising.
* Verizon and Chevron purchased, banks and gold sold * None of these portfolio moves surprised me - but some might surprise the markets Warren Buffett pulled down his cash position a bit and got more busy in the latest reporting period. Notably: ...
"Just one more thing." -- Lt. Columbo Berkshire Hathaway has accumulated nearly 150 million shares of Verizon according to this afternoon's 13F filing. The shares are trading +$1.60/share or about +3% in the after hours. More tomorrow.
Plus, we wait with great interest to learn what Berkshire Hathaway's holdings were as of the end of 2020.
Plus, a preview of the coming Consumer Electronics Show and quick news hits on Micron and Boeing.
The entire financial media may have swung and missed on Monday, but our old nemesis, those keyword reading algorithms that determine price? They spun the marketplace like a top.
I am talking about themes that can stand the test not of today, or tomorrow, but for all of 2021 and beyond.
It's a stock that underperformed the last two years but would likely excel in a year of renewed growth in economic activity.
With a ton of cash on hand, Warren Buffett missed some solid opportunities earlier this year.
Funds that track the index will be forced to reallocate capital invested elsewhere to buy Tesla, and that won't be easy.
The hope is that there are a couple of big winners that will more than offset the losers.
* Yesterday may have represented a classic "sell on the good news" * While many were cheering about the vaccine news, I was waiting to sell, red tickets in hand * Some stocks and sectors had a great year yesterday * And some stocks and sectors got s...
The safe and stable food sector is a comforting option for investors to consider now.
With the S&P 500 moving, this is a name I think has potential to run hot next week.
There is a long and fast-growing list of many of the world's wealthiest investors who are eagerly buying gold and gold stocks right now.
Watching the poor price action and volume in Wells Fargo trading over the last week - I suspect that Berkshire Hathaway is down to "tag ends".
What happens after this is likely a flurry of deals that will require more selling and that begins to cut into the tech stocks with much lower valuations like Facebook, Apple and Alphabet.
At least part of the market's negative reaction to the Fed on Wednesday may be tied to two factors.
In terms of my recent individual long additions in the last two weeks - here they are in order of size: #1 General Motors - and put on Best Ideas List, long #2 Wells Fargo - the shares have weathered well Berkshire's selling #3 Bank of America - ...
Kraft Heinz's Investor Day provided a realistic pathway towards creating shareholder value over the next 3-5 years. The projected growth rates seemed conservative - no new consumers following the Covid "benefit" of cook at home and limited new produ...
The FOMC, and Powell himself, will have to address the central bank's plan to target average consumer level inflation over time.
Here's what we learned from the March's fall -- and how to use that lesson going forward.