|Day Low/High||53.50 / 54.35|
|52 Wk Low/High||40.97 / 61.80|
I had thought markets were smitten with the idea of gridlock. Now, they seem laser focused on looser fiscal policy as a catalyst.
The Russell 2000 is currently on an eight-week winning streak. The New York Jets have not done that since 1986 when the team's starting quarterback was Ken O'Brien.
The market seems to be screaming that people will return to traveling once the virus abates; I think so, too.
Thumbing through some earnings conference call transcripts, I noticed that Comcast now has more streaming customers than cable-TV subscribers! It seems some 22 million folks have signed up for its Peacock streaming service while it's cable TV busine...
In plain speak, they ran for the exits on Wednesday, This week has been a period of intense institutional distribution.
Here's what's interesting about TWTR versus other tech stocks.
* 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 ...
The last time I was helming the Diary, I touched on the prospects for the 2020-2021 school year to shift online. Indeed, in recent days we've seen a number of universities announce they were joining the ranks of grade and high schools that are only ...
The Real Money Post Industrial Average is up nearly 11% so far this quarter, beating all major indices, but valuations are looking stretched.
The Fed has done a lot, and is willing to do even more, but for now, is watching Congress. The fiscal side is where the next shoe falls.
Yesterday's earnings report was a flashing red light that NFLX's growth is slowing.
* Fundamental concerns and weakening technical signs might be converging now In the last few weeks and days I have eliminated all my equity investments in my personal pension plan, I have personally shorted S&P futures (at 3202 Monday night), I have...
With the exception of a short and an elimination of my holdings - I have done little this morning. * Breadth is still a strong 3.5:1. * Ss (S&P) over Ns (Nasdaq), again, and despite strong gains in Tesla and Amazon . * Bonds are quiet. (I covered my...
Nineteen Sixty-Eight was often considered to be one of the most turbulent and traumatic years of the 20th century in the U.S.
We are now in one of those times, like 52 years ago in 1968, that we and our children will always remember. Many of us have spent the weekend watching America burning in despair. As I write this missive, an extended portion of I-95 (in Palm Beach) h...
Though possessing a good content library, HBO Max's pricing and device support work against it, as do a couple other things.
* I have liquidated a lot of my long positions and have been averaging into Index shorts lately * I worship at the altar of fundamentals and not of price momentum * Monday I will present a more lengthy analysis of my concerns over the balance of 202...
It's about HBO Max, what to do with DirecTV, and the sustainable dividend yield.
, , and - all recent sales - are very close to or are under my buy levels this morning. I have not yet reestablished these longs - and will await some market stabilization. However, I have increased my holdings.
Amazon would benefit from becoming a Mall Rat -- a brick and mortar presence could offer some distinct advantages to the online retail giant.
Market leadership may be lacking on Thursday despite rising trading volumes, plus an update on Apple, Microsoft, Mastercard, Amazon and Gilead.
As we get ready for the barrage of earnings reports, and especially the seven key ones I outlined earlier, let's run through a quick checklist of what you can expect tomorrow morning: Economic Data Eurozone CPI ECB Decision and Press Conference Week...
Beyond energy markets and the potential for ancillary fall-out, the S&P 500, and this may be more important from a technical viewpoint, failed to hold that 50 day SMA.
Recent buys, (+$5, +4.5%), (+$1.25, +3.5%), and (+$1.30, +1.4%) hitting on all cylinders today as we move towards the close of trading - at an intraday high.