|Day Low/High||172.47 / 183.88|
|52 Wk Low/High||88.69 / 176.25|
Portfolio managers are exercising their First Amendment right to do incredibly stupid things.
* If 3M's EPS miss and this column doesn't give you pause for reflection on how investors blindly follow price, nothing will! * Despite protestations from those that worship at the altar of price, share prices are not necessarily truth * Case in poi...
When you see that money pouring out of the market it is going to be looking for a home. The home will most likely want some economic sensitivity.
It has become almost too onerous to own something that could be in Amazon's crosshairs.
3M, Walgreens and FedEx had tough reports last quarter. But what they really tell us is to watch fundamentals on earnings.
Portfolio managers care more about Chinese expansion than they do Chinese trade talks.
Before I jump on the radio, here's a quick list of upgrades, downgrades and new research coverage coming out of Wall Street this morning... - Hilltop Holdings upgraded to Overweight from Neutral at Piper Jaffray - Trex upgraded to Buy from Hold at S...
Taken together they create a worrisome picture, one that can explain why it wasn't just the banks that fell on the inversion news.
It may be a good time to buy FedEx shares, which appear poised for a turnaround.
All the money in the world cannot change the fact that rising stock prices and falling earnings make the market more expensive.
The Fed needs to buy short-term paper RIGHT NOW, and sell off longer-term paper.
There doesn't seem to be much of a catalyst for FDX at the moment.
Another pressing concern for FedEx is the margin compression in its U.S. business.
Trump may play the waiting game with China. This could weigh on the market.
"She even orders cereal in the same restaurant.. We even have the same initials. I just realized what is going on. ..Now I know what I have been looking for all these years, myself!" - Seinfeld. The Invitations After the close FedEx misses and lower...
You may recall that TME, the Chinese Music streaming business that IPO'd last December, while not a trade related play, certainly would be a Chinese growth play.
This quarter is a heavy test for Tilray because of the stock's lofty valuation.
Why am I not more worried about a recession? Because Fed Chair Jay Powell has our back.
The GPU giant just launched a new mid-range product that has done well in reviews. And it might be prepping a new high-end offering.
Earlier I mentioned how retailers are looking to combat Amazon . Well it seems FedEx is adopting "the enemy of my enemy is my friend" as it launches a new late-night shipping option that will allow retailers to deliver next day even when the items ...
Replacing fear with pragmatism, that is our goal.
Though financials and FANG (which are at an important top of the price channels/charts) are great, industrials (DowDuPont , 3M ), autos (a one-day wonder from yesterday), retail (Macy's , Target ), semiconductors (Micron Technology ), transports (Un...
Citigroup bats lead-off for the banks, who as a group will bat lead-off for the entire sphere of public equities.
Rather than cheering the start of a new bull market, perhaps we should see this rally as a much-needed 'oversold' bounce.
* The fundamentals are bad and getting worse * Expectations remain far too optimistic * Reward v. risk no longer attractive * S&P cash stands at 2590 against a "fair market value" of 2400-2500 Even before Fed Chair Powell delivered his more dovish m...
Getting maximum gains from panic situations requires buying "what's down the most" rather than "what's holding up the best."
Focusing on the actual worth of individual stocks is the way to make money.