|Day Low/High||11.05 / 12.95|
|52 Wk Low/High||7.80 / 56.04|
There is no doubt that this is the most aggressive and pro-active Fed since at least the days of Paul Volcker's tug of war with consumer level inflation, not to mention the Reagan administration.
The news out of the mortgage markets and cruise line business offers nothing to laugh about.
Brace yourself. There is no telling how the algos will react to a shocking employment number.
* Viacom, Yum Brands and Carnival go to the debt markets A week ago Viacom sold $2.5 billion of bonds at around 4.6%. A few days ago Yum Brands at approximately 7.75%. Today, Carnival is raising about $4 billion at between 12%-13%.
The luxury home furniture gallery reports financial results for the fourth quarter and fiscal year ended February 1, 2020, after Monday's market close.
The Fed has attacked developing problems in real-time -- and as China shows signs of life, the semi stocks are benefitting.
I continue to shuttle new money into the market on declines using buy-write option strategies.
BREAKING: Carnival's Princess Cruises to pause global ship operations for 60 days over coronavirus.
You can use these wild market swings to your advantage by identifying 'safe' companies you want to own and then buying their stocks in stages.
With the coronavirus fear as thick as pea soup, many names don't yet qualify as 'stupid cheap'.
We need to restore confidence by preparing for the worst and recognizing the seriousness of Covid-19.
Fear is the name of the game here, not reality, and until it abates, all bets are off.
It's a nice sign that the world didn't end over the weekend, and maybe that's what really mattered.
Bottoms can prove frustrating to call, so investors would be better served by seeking out individual stocks selling at a discount to normal values.
These names are showing both technical and quantitative deterioration.
I still do believe that the panic is overblown, but that does not mean that it won't continue.
Buyers of the cruise line's shares should think about waiting for a bottom to form.
The answer to that question depends on several factors, so let's break them down.
The ultimate economic impact of the disease isn't clear, but what is clear is who is most at risk and where you're mostly likely to contract it.
You can sell any stock that's up and take that money to the bank and no one will say, "sorry that was made off of euphoria, we can't take it."
At least days like today, when we're told the coronavirus has 'peaked,' show us exactly where the coiled springs really are.
I'm watching the shares of Estee Lauder, Disney and Amazon.
Good morning and welcome to this Friday edition of Doug's Daily Diary! I'm Chris Versace, and I will once again be sitting in for Doug. We've got a number of earnings reports to be had this morning, including Canada Goose , CNH Industrial and a fe...
It's the intertwining of Trump's fortunes with the stock market that allows investors to overlook all sorts of concerns that would normally have been paramount.
On the one hand and on the other... back and forth goes the market.
RMPIA ended January up 0.8%, but now the damage from the Wuhan virus is weighing on the future.
That's the question my wife asked me recently -- here's my answer.
Let's look at how to play Norwegian Cruise Line Holdings amid the current coronavirus threat.