Prev Close | 204.15 |
Open | 202.01 |
Day Low/High | 201.29 / 205.70 |
52 Wk Low/High | 179.67 / 246.69 |
Volume | 2.46M |
Prev Close | 204.15 |
Open | 202.01 |
Day Low/High | 201.29 / 205.70 |
52 Wk Low/High | 179.67 / 246.69 |
Volume | 2.46M |
Exchange | NYSE |
Shares Outstanding | 533.37B |
Market Cap | 105.51B |
P/E Ratio | 31.21 |
Div & Yield | N.A. (N.A) |
Here are my key takeaways from today: * Mr. Market bent but didn't break. * Breadth was modestly negative (1,373 advancers, 1,555 decliners). * Bonds continue to point toward slowing economic activity in the U.S. and globally. The yield on the 10-y...
The consumer is alive, well, and might benefit from a thaw with China and easy to get jobs. So would Boeing and Caterpillar.
Chad Dillard, the equity research analyst at Deutsche Bank who downgraded Caterpillar shares to Hold with a $128 price target this morning was just on CNBC. Here's the quick rationale behind the action: He expects earnings estimates to fall after b...
Alright folks, we've got a slew of things driving the market in general and stocks in particular this morning. As we get ready to kick the day off, futures are up nicely following the late night headlines that the U.S. and China are moving closer to...
is still a Dog.
Wednesday was the first day that Netflix traded on above-average volume since Jan. 24.
We have moved basically to flat breadth over the last hour. Some other cautionary near term signposts include: * Weakness in transports and the Russell Index. * Apple still red. * Banks well off the early morning highs. * Large cap tech at day's low...
Recent new longs- and . Recent new shorts - , , , and .
*Raising net short exposure Some late morning observations: * With Google and Amazon market beasts -- now both medium sized -- I feel "comfortable" adding to my short hedges. * Added to my Micron , Caterpillar and Coca-Cola shorts. * So weird that t...
I have added to my and trading short rentals today.
Recent trading short rentals in two popular cyclicals, and (I recently added to both shorts this week), are beginning to pay off.
* Revisiting Trouble Ahead - My Market Concerns Are Expanding Yesterday's opening missive, "Trouble Ahead, Trouble Behind," took a look at certain price momentum concerns that have developed in the last two weeks: I have more market concerns today t...
In addition to larger Index shorts (in and ) in the last few weeks, I have taken about 10, new trading and investment shorts on - including Apple , Disney , Caterpillar , Home Depot , Microsoft and several others (that are too speculative to discuss...
* My market concerns are expanding "Driving that train, high on cocaine, Casey Jones you better watch your speed Trouble ahead, trouble behind And you know that notion just crossed my mind." - The Grateful Dead, Casey Jones I have more market concer...
There are signs in the market that the talks may not be going as well as thought, or at least that some believe that Trump thinks he has the upper hand.
Here are a host of stocks that will benefit from a deal, and why you should pick them up on a selloff.
* Further reducing gross longs * And increasing my overall net short exposure I have also moved my position from large-sized to medium-sized. (And I plan to stay there.) With the recent liquidation of , , and longs, profit taking in a substantial a...
As you all know I am short Caterpillar - on a trading basis. Relatedly, from my pal Steve Cortes:
* I stand with a calculator and a contrarian streak in my investment strategy * I have steadily expanded my net short exposure all week While I am respectful of price and momentum that, in part, have been influenced by the changing market structure,...
Despite a recent downgrade, Caterpillar may be poised to power ahead in the coming months as it follows the broader market up.
Recently I have made the following moves in my portfolios: * I have added to my and shorts. * I sold out my and longs. * I reduced the size (from large to medium) of my long holdings in and . * I initiated shorts in , and .
The algos are pushing to the negative late in the day -- keep an eye out for signals of a trend change.
The fact that Fed Chair Powell knows that things are slowing down may be the best thing this market has going for it.
After eliminating a long, , adding two shorts, and , and expanding my and shorts (as Mr. Market ramped on a better consumer confidence print - which is non predictive to the markets), I have further expanded my overall net short exposure. I have a ...
I have put on three new shorts in the last few days - Disney , Home Depot , and Caterpillar .
I am shorting Home Depot (EPS miss) and Caterpillar (UBS downgrade) in premarket trading.
What stocks to buy and what to avoid on the continual leaks coming out of the Kudlow-Mnuchin camp and the Lighthizer-Navarro camp.
Does it not make sense to create a separate portfolio made up of equities that will benefit -- as sick as that sounds -- when an area needs to rebuild?