Prev Close | 36.00 |
Open | 35.53 |
Day Low/High | 34.31 / 35.57 |
52 Wk Low/High | 34.38 / 67.21 |
Volume | 16.68M |
Prev Close | 36.00 |
Open | 35.53 |
Day Low/High | 34.31 / 35.57 |
52 Wk Low/High | 34.38 / 67.21 |
Volume | 16.68M |
Exchange | NYSE |
Shares Outstanding | 1458.02B |
Market Cap | 51.61B |
P/E Ratio | 24.84 |
Div & Yield | N.A. (N.A) |
Here's our price objective.
I am taking my shorting cues today from: * The weakness in , , and . * The inability of some tech stocks (read: Amazon ) to hold early gains and totally reverse. * The profound reverse in market breadth. * The uber confidence expressed in the busin...
I made some bad covers in my auto shorts last week - and .
I have covered the balance of my and shorts for a small profit. As I mentioned yesterday, I planned to be out today, win, lose or draw!
I covered half of my short at $23.62 and at $64.74.
I am shorting more and in premarket trading. I am thinking very short term on these short rentals.
"Just one more thing." - Lt. Columbo dougie kass • a minute ago This is a one way market dominated by passive products that follow price momentum. Case in point banks, oils and autos today on the upside and Tech on the downside. Who pays 8% and 11...
I shorted (mean regression trade) and at the close. I will be covering tomorrow - win, lose or draw.
This action is probably driven by the end of the year unwinding as well as concerns about weakness in bonds.
Defensive sectors took three of the bottom four places on Monday, a stark reversal from what was experienced across the marketplace the past week or two.
Chip woes, China bumps, technology advances and crazy valuations are not out of the rear view.
Market breadth was fairly awful Tuesday, though participation was down. There was no easily traceable move into or away from cyclical nor defensive type sectors.
Setbacks and skepticism have created a well-positioned investment opportunity for the year ahead.
Wall Street is in love. Right now...
If you thought we would get out of 2021 without yet another bullish prognostication on Tesla shares, well... you may want to re-think that. Wedbush's ever bullish Dan Ives is talking about 30% upside over the next 12 months in the shares as compone...
Over those past 15 years, the S&P 500 has posted an increase for the last week of the trading year 67% of the time.
The stars in this industry are Tesla, and now Ford and Lucid.
I was really dumb for aborting my "Trade of the Week" yesterday.
Like Diogenes with his lantern, I am, again in 2022, a cynic looking for truth - as I engage in my annual assault on the consensus and 'Group Stink.'
* Another Trump/Clinton Presidential race appears increasingly likely in 2024 - But it's not the Trump you think! * "Slugflation" (sluggish growth and stubbornly high inflation) becomes a commonly used term to describe the global economy next year *...
I don't like the action in General Motors (my Trade of the Week) - and I am calling an audible and selling the position for a small gain. It was meant as a short rental.
The semis survived a series of individual tests on Monday, which might be worthy of finding a spot in the back of that mind of yours.
Stock futures had a steady bid overnight -- and at 525 a.m. S&P futures were +30 and Nasdaq futures were +130. (This follows a +$5 improvement in from the afternoon lows by the close) VIX is down by about two bits to approximately 22 this morning....
Though the Spyders closed nearly $5/share above the afternoon lows -- the market landscape continues to be filled with potholes and minefields. Our "Trade of the Week," General Motors managed to do some fighting late in the day. Thanks for reading...
I have been cautious about General Motors' move to new highs recently. The shares are now nearly -$12/share from its 2021 highs ($65.18) - trading at $53.78 My buy level was $55 from "Levels" and I just took a trading long rental. GM is my "Trade...
Here's why this dip in GM doesn't disturb the longer-term trend.
This JPMorgan fund has a lot to like, but does it have a solution to climate change? It depends on how long you want to let the Earth simmer.
Many investors are licking their chops as they eye potential beneficiaries of the Build Back Better Act.
Wall Street is missing the big picture -- the uncertainty of ride-hailing's future.
We have two new price targets.