Prev Close | 197.82 |
Day Low/High | 199.16 / 205.49 |
52 Wk Low/High | 179.67 / 246.69 |
Prev Close | 197.82 |
Day Low/High | 199.16 / 205.49 |
52 Wk Low/High | 179.67 / 246.69 |
Exchange | NYSE |
Shares Outstanding | 533.37B |
Market Cap | 105.51B |
P/E Ratio | 31.21 |
Div & Yield | N.A. (N.A) |
Amid Wednesday's broader market decline, look for a nice rally in the Diamonds as we close out the week.
This has been picking up steam on Robinhood too.
Continue to hold previously recommended longs.
Leading investing experts weigh in on what stocks stand to benefit the most should Joe Biden win the presidency in November.
I was active today: * Covered the balance of my and shorts. * Sold my and puts. * Initiated a long. * Reestablished longs in , and . All have been on my Best Ideas List for years. * Moved to large (Trade of the Week). * Added further to banks. * ...
* Took a loss in CAT I just covered my Caterpillar short for a loss, though its down -$7.60/share today. I plan to re-short on any strength. I now have no shorts in my portfolios now.
My only short now is Caterpillar .
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.
I added to my Caterpillar short on the weak retail data.
* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When the ...
First, let's closely watch this semiconductor company for the telecoms, and then examine the industrials, transports and retailers.
Consider buying more CAT on this breakout.
If industrials get a head of steam, the XLI could break $80 or higher.
* Offering more and on the short side * Added to at $23.70 * Bidding for more and * Bidding for more puts * Bidding for more (there was a brokerage downgrade yesterday) __________ Long WFC (large), SPY puts, SDS (large), SJM (large), BAC (large), J...
But that's exactly where we are right now, in this third day of the rotation, so here's your path to safety.
Markets may believe that we are closer to the effective use of vaccines and therapeutics than we know in this battle against Covid-19.
This week I covered all of my individual shorts with the exception of Caterpillar and Apple (which I retained for the purpose of reminding myself how stupid I can be at times). Shorts that I will likely soon wish that I hadn't covered this week in...
Over the last hour I decided to cover all of my individual short equity positions, with the exception of a very small position in Apple (as I want to be continually reminded of what an idiot I was!) and a medium-sized short position in Caterpillar ....
Plus, it could be quite a while before the labor market can absorb all those people who are out of jobs.
Let's check the charts ahead of earnings on Friday.
As CAT cracks open to the upside, its new-found strength could invigorate the Dow Industrials.
This is how you can tell which camp is winning and which is losing in this time of Covid-contradiction.
* At least for an afternoon! Some takeaways on the day: Equities peaked at around 11:30 a.m. and started a steady retreat that intensified late in the day. Market breadth was 3-1 negative. The S&P 500 fell by nearly 40 handles from the day's high. ...
I am offering some more Disney and Caterpillar on the short side now.
This morning I moved from small net long to between small and medium net short in exposure: * I have covered my short calls. * I have moved my long to large. * I have initiated an short. * I have added to my individual stock shorts: 1. Added to and ...
* But looking to get back short given my numerous concerns With my current book including bank and packaged foods longs and short a basket of speculative "worthless" stocks, short and and long very small -- I am still in a small net long exposure to...
* After "playing" the rally off of the March lows (with plenty of longs) I have recently (again) gotten net short of exposure To summarize some my recent activity: * I took off numerous investment longs (for profits) into the rally -- including , , ...