|Day Low/High||98.40 / 100.75|
|52 Wk Low/High||56.41 / 106.07|
Vale, Freeport-McMoRan, Eaton, Ensco and Boardwalk Pipeline are big-cap names with bearish charts.
Low rates and bullish company calls mean these building-material plays look good.
Banks and industrials are deal-less sectors in a deal-filled world, and that is what's making them suffer.
Here is my technical analysis of the Action Alerts PLUS portfolio positions: 'The At-Risk.' By Tim Collins The last in the group are the toughest ones to judge. Some big scary teeth and sharp claws, but many are smiling and some even offering flower...
For the moment they're all just rolling over, but they can reignite.
Eaton's earnings disappointment this week has created a great entry opportunity.
Where it began. The rundown: U.S. futures are modestly higher this morning (S&P futures up 3 handles, Nasdaq futures up 7 handles). European stocks are moving to the upside this morning. Nikkei is up 0.57% despite a weak retail sales report. Nissan ...
Earnings beats are plentiful, but guidance is less than stellar.
Transports, especially intermodal traffic, are confirming the PMI report.
Hologic, Symantec and TE Connectivity could all benefit from the current M&A binge.
Keep a close eye on what the Fed has to say on the matter.
Each of these 'real' American firms is now a buyout candidate because of the ridiculous U.S. tax code.
The important indicators are wages and the labor force participation rate.
Don't chase the market after rallies. Do buy into periods of weakness.
The jobs report, and several consumer names, will be top of mind.
Earnings season moves along full speed ahead as 27% of the S&P 500 report, including industrial heavyweights Eaton and Cummins and social media momentum names Twitter and LinkedIn.
That's the takeaway from the Alcoa call, which gave us its most bullish worldview since the Great Recession ended.