|Day Low/High||191.39 / 196.90|
|52 Wk Low/High||79.07 / 200.60|
Cryptos and cash are both headed for a real fight. For their own existence.
It was the laggards and out of favor industries that stepped up while the winners and leading groups took a beating.
We're headed to Boom Town, so let me show you how to line up your ticket -- and the best picks for the great reopening.
As is customary, Mr. Market rallied from the morning schmeissing (at least halving the earlier declines): * Breadth was negative 2-1. * In percentage terms, the Russell Index declined 3x the Nasdaq and S&P. * Banks were mixed -- but Wells Fargo cont...
, , , , , , , , , , Homebuilders, and . No long sales or long buys. __________ Short SPY (large), QQQ (large), CVNA, PTON, TSLA (large), ARKK (large), FB, DIS, PLUG (small), TLT (large), AAPL, Homebuilder Package (large).
Disney is going to be one of the great reopening plays as economic activity normalizes.
"Price is what you pay, value is what you get." - Warren Buffett In late March I purchased Disney and placed in on my "Best Ideas List" at $93. At that time, the herd, fearful of the impact of Covid-19, hated the stock, which hit a multi-year low....
As an early vaccinator I can tell you that you can make money from these strange things provided you do them before everybody gets the jab.
Who knew high finance was so easy? And why the heck was I working so hard? Fundamental analysis is so 1980s.
In which we discuss the seven heavenly ways to make money and the seven sins to watch for.
Bidding for the following longs this morning: Walmart , Verizon , and . Offering the following shorts this morning: Disney , Tesla , Carvana , Peloton , Plug Power , , and . __________ Long WMT (large), SLV (large), GLD (large), VZ (large). Short T...
Throughout this pandemic I have been on the prowl for companies that have reinvented themselves.
I am bidding for the following stocks on the long side now: and . I am offering the following stocks on the short side now: , , , , , homebuilders, and . __________ Long WMT, VZ (large), Short CNVA, PTON, ARKK (large), PLUG, Homebuilders (large), T...
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
* Peak speculation? * GME joins the parthenon of speculation previously reserved for Resorts International, Piggly Wiggly, and Volkswagen * We are likely getting close as grotesque speculation often presages a Bear Market * Intelligent and disciplin...
I covered some Carvana (-$21), Disney (-$8) and Peloton (-$7) shorts, down respectively, in the whoosh this morning. Moved to medium sized on all three. I plan to reshort on strength.
"Just one more thing." - Lt. Columbo Fascinating day today. Again! Overall breadth's weak -- for the second day in a row (the same 13-18 advancers to decliners). Speculative, heavily shorted gewgaws zoomed higher -- perhaps taking the oxygen from ...
The stocks of Walt Disney Co. and Pfizer seem to offer nice upside potential based on their technical patterns.
* Respect different approaches of delivering trading and investing profits * "Get it while you can" but recognize that speculation has now formed a lengthy convoy * The magnitude of recent speculative activity, based on history, may result in a shor...
As a trader who at times takes short positions, I don't know whether to stand up and applaud this group or to fear them.
DIS might suffer a pullback in the next several weeks, but longer-term a rally is possible, according to the charts.
The stock reached a fresh all-time high Wednesday, generating its biggest volume day since October 2019.
The streaming giant's numbers and commentary were arguably just good, rather than amazing. But with its stock having underperformed for months, that's all that markets needed.
Top investment ideas from seven of CFRA Research's equity analysts.