|Day Low/High||187.87 / 197.91|
|52 Wk Low/High||169.00 / 384.33|
A post-pandemic bubble in certain assets is only one thing the market and investors must work through right now.
As the great stimulus punch bowl gets taken off the table, what can we expect from this homebuilder name?
* It is still Scenario #2! * As expected, the S&P climb to 4500-4600 failed in early February and the expected test (and "dip of death") of the late January lows is now at hand * In general, I see a continued probing of the lows and relatively limit...
The chip giant turned in a stellar quarter, and anyone selling the stock based on its latest results does not understand financial statements.
* Preparing to buy at the sound of cannons? * I am trading opportunistically in a regime of heightened volatility And I can't wait to get on the road again On the road again Goin' places that I've never been Seein' things that I may never see again...
Meta Platforms is falling based on a Texas lawsuit which could result in "hundreds of billions" of dollars of civil penalties.
In order to determine what's really at stake here, I think that one must try to understand what purpose this serves for Russia, for Putin.
I moved back into a net short exposure on Monday based on my most likely scenario - that the move to S&P 4500-4600 could complete the Bear Market Rally - and, technically, the right side of a head and shoulders pattern. Here is The Bear Market Case...
I have sold out my Meta Platforms long at $228.80 and I have covered my short calls - for a relatively small loss. The shares have rallied on an inane explanation of support in the business media. But I wont even get into it. I plan to buy on weakne...
There are many investors and traders who are not convinced that the worst is over.
Here we'll look at the GlobalX Millennial Consumer exchange-traded fund, and see how it keeps score.
In late January I expressed some optimism that stocks were falling to more attractive levels. Unfortunately, a number of recent vintage and market unfriendly developments have emerged that have served to make me more pessimistic about the market's o...
* The Dunning- Kruger Effect is vividly seen these days in the business media and elsewhere * Avoid the self confident and smug talking heads Business commentators, strategists, analysts, money managers and "talking heads" have short memories - but...
I had actually worried a bit that Arm was going to take Jensen Huang's eye off of the ball. That worry can now be put to bed.
This hate for tech and love for energy just doesn't add up. Let's check the charts and indicators.
Comparisons with the previous year are going to grow increasingly tough, and inflation is likely to eat into consumer spending, too.
It was a solid, though volatile week for U.S. stocks.
Berry has shown stellar growth since the end of 2013. At management's mid-point guidance, EPS will have surged by almost 800% in just nine years.
I reflected analytically on two broken stocks, Meta and PayPal , over the weekend. Upon reflection and in premarket trading I am back, in a small way, long both FB and PYPL.
Trying to find good counter-trend moves in the hardest-hit stocks is tough.
The metaverse is a forest while Meta Platforms is but a tree -- but a tree on which money still grows. For now.
The extreme reactions to this week's earnings reports make trading at this time challenging, to say the least.