|Day Low/High||349.80 / 361.03|
|52 Wk Low/High||244.13 / 384.33|
If we get weakness that should be seen as a buying opportunity.
It's a peculiar market, on the surface it looks quite positive, but if you dig just a little there's quite a bit of rot.
Two points. Firstly, today will be interesting dynamic between stocks and rates with the 10 year back to 1.67-.68% and 5 year at 0.90%. Secondly, regarding my previous comment in The Big Are Getting Bigger: " Applying "second level thinking" - ...
* And stronger The dominance of the FAANG, plus Microsoft , franchises was visually seen in the spew of excellent EPS reports over the last few days. Back in late 2018, when I added Facebook , Amazon and Alphabet to my Best Ideas List, I suggested...
We need Apple and Facebook to finish strong to show that there are some willing momentum chasers.
Action is mixed as the Fed talks and investors digest big reports by Alphabet, and look to ones by Apple.
The "pin action" lacked conviction -- in either direction -- today. FAANG is getting a strong bid after the Facebook blowout. Apple is up next. That is all I got. Thanks for reading my Diary and enjoy the evening. Be safe.
We have a debate raging between those who think that the reason we are going up is because of liquidity and those who believe it's because of the many attractive opportunities.
It is very easy to find yourself stuck in a 'good' stock that just isn't doing anything right now.
The US Ten Year Note has been on the move, and the US Dollar Index has also been climbing overnight.
This is not an easy market right now, but the opportunities will eventually appear if we keep slogging away.
This is that 72-hour period when the most important names report. Here's what you need to know to get through it.
There are a few subtle clues that tell me we should be probing the long side ahead of earnings.
The key this week is going to be the reaction to earnings news and whether it creates more rotation or acts as a market catalyst.
The market was surprised by aggressive tax proposals that whacked a small-cap recovery just as it started to build.
Because unlike almost any other companies in the world, they get the benefit of the doubt, and they deserve it.
Let's look at Nvidia, Microsoft and the FAANG names to see what's really possible.
You can rock on for now while the music is still playing, but be prepared for the inevitable 'out of the blue' sour note.
Looking at a painting by Renoir side by side. You see beauty. I check my watch. The same is true with economic policy.
The selloff in speculative tech names likely has further to go. But other tech names could still do well as markets rotate.
* Like Led Zeppelin's iconic and mystical 1971 song, the market's advance has become almost an imbedded religious experience now * Buy the classics - the classic laggards (like ViacomCBS, Discovery and Amazon) * Rock on for now while the music is st...
The deal for Grab would involve U.S. tech venture capital firm Altimeter Capital Management.
I find his comments about China the most compelling after his salvo about racial equality.
The S&P index eclipsed last week's prior all-time high today. The skeptic would write that a 58 handle rise in the S&P Index and a 225 advance in the Nasdaq index was accompanied by only five to three advancers to decliners. The skeptic would al...
Amid the vaccine rollout, we have low rates, money coming from the government to families, and a Fed committed to creating jobs. Here's what it all means for investors.
Here's why the institutional stewards of capital who are taking back control of the market are salivating over a dirty old iron company.
Let's review this Archegos drama and some lessons from this fickle market.
The setup in the social media giant has yet to trigger, but the mining company already has signaled go.
An ARKK ETF 'flash crash' is not inconceivable.
* I remain negative on the overall market outlook and on the prospects for shares of many speculative tech disruptors * ARKK may be viewed as a leveraged way to short the markets * In bull markets, buyers begets buying - such was the case for ARKK ...