|Day Low/High||339.70 / 343.98|
|52 Wk Low/High||244.61 / 384.33|
Wednesday afternoon the Fed's Federal Open Market Committee will publish the central bank's first official policy statement of 2021.
Major earnings news is hitting, but much of the market is preoccupied with massive short squeezes.
ABT has made an upside breakout on the daily Point and Figure chart, and here's how investors can make their next move.
Comments about how unsustainable the current market action is are hitting all-time highs, but strong, speculative trading is winning out for now.
As promised, here's my short list of corporate earnings reports to watch next week: Monday, January 25: Xilinx . Tuesday, January 26: American Express ; Raytheon Technologies ; Verizon ; F5 Networks ; Microsoft ; Starbucks . Wednesday, January 27: ...
* A generation which ignores history has no past and no future Like Wednesday, today was another day of divergences -- in which the averages scooted ahead nicely without the soldiers participating. Specifically, in today's trading session, thoug...
This action indicates that the institutional and big money is afraid of missing out.
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.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
My trading strategy? Figure out who is the favorite and calculate the 'line.' Here's how that works out today.
Also, my take on Jack Dorsey and Twitter, along with Facebook.
We are going to live again. You will dance in the aisle at some concert whose performer I have never heard of, and you will cheer for your favorite team in person again.
I want to help you get rich, but to get rich carefully. Prudence dictates taking something off the table.
Standing aside and predicting disaster is easy, but it will be time to play defense when stocks fall without regard to their sectors or individual merit.
What you have seen over several weeks is a market reacting to improved prospects for increased fiscal support reliant upon deficit spending.
There is at least a case to be made for breaking up big tech. TWTR isn't in that position.
We ceded control of our lives to the tech giants long ago. But I won't let it happen in my portfolio in 2021.
As we enter the new year, there's little time to reflect on RMPIA's strong performance. Now, it's all eyes on the 12 months ahead of us.
I am talking about themes that can stand the test not of today, or tomorrow, but for all of 2021 and beyond.
* There were many! Among my biggest mistakes included: * Selling ViacomCBS * Selling Disney , Facebook , Morgan Stanley and Goldman Sachs prematurely * Selling cannabis stocks * Shorting Apple * Not buying AAPL * Not sticking with my Zoom Video shor...
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.
2021 could be a year in which the S&P Index shows little movement in the first half, but market pressures might mount over the last six months.
Despite that market breadth deteriorated throughout the afternoon -- ending the day nearly flat (1,660 advancing/1,500 declining on the NYSE Composite) -- the averages closed near the high of the day. Normally, this is a cautionary signal -- but no...
My feeling is that if one is into speculation, one can trade names like BABA.
* In 2020 (despite broad February-March weakness) equities rose faster, valuations expanded far greater, and interest rates fell sharper than the consensus expected * 2021 could be a year in which the S&P Index shows little movement in the first hal...