|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||977.66 / 1,291.44|
*Raising net short exposure Some late morning observations: * With Google and Amazon market beasts -- now both medium sized -- I feel "comfortable" adding to my short hedges. * Added to my Micron , Caterpillar and Coca-Cola shorts. * So weird that t...
As the market took a dive late in the week I covered half of my and shorts (well below current prices) and I established long positions in Alphabet/Google and Amazon . I plan to reshort indices on strength, but I am giving Mr. Market a wide berth. I...
I am laser focused on Alphabet - which acts well on an absolute and relative basis vis a vis technology and other constituents in FANG. The shares are now down by only -$7 (I added on weakness earlier this morning). My guess is that if the market mo...
I added to Alphabet (at $1135) and Amazon ($1589). Still small-sized in both. As is typical, trading around my Index shorts after a near 90 handle drop in the S&P - I covered some (at $272.65) and (at $169.40) to move from large- to medium-sized. (I...
After reaching the age of 68, I know a lot more than I did back in 1968. Here's my note to myself as I was getting ready to go off to college and then on to the real world.
I have added to Amazon at $1635 and Alphabet at $1147. I am now officially "up to" small-sized in these names (from tiny).
I have added to my tiny Amazon ($1648) and Alphabet ($1153) longs now. Still very small-sized - but my strategy is to be a continued buyer on weakness, keeping a wide berth (in light of my ursine market view). But I want to own these stocks over the...
Why are big institutions running and can you outrace them?
* My market concerns are expanding "Driving that train, high on cocaine, Casey Jones you better watch your speed Trouble ahead, trouble behind And you know that notion just crossed my mind." - The Grateful Dead, Casey Jones I have more market concer...
Breadth has faltered for days, but some familiar names are doing just fine.
There are signs in the market that the talks may not be going as well as thought, or at least that some believe that Trump thinks he has the upper hand.
I bought back a very small position in Alphabet (under $1160) on early weakness. I did the same thing with Amazon yesterday. Alphabet was placed on my Best Ideas List in late December, 2018 at $1001.
This selloff was a pause in the uptrend, not the start of a directional shift. But be cautious.
Qualcomm's legal fight with Apple continues to rage, and the company is also mired in a battle with the FTC that could have big implications for its patent-licensing business.
"This is one of the most vicious out-of-high-growth-into-value rotations I have seen in ages...and it is led by FAANG." - Jim "El Capitan" Cramer Who in a Million Years Would Ever Think That FAANG Would Be Value? Jim "El Capitan" Cramer just penned ...
It is so patently obvious what's happening that it's almost other worldly.
What I noticed most about Q4 GDP was the increase in business investment.
The online travel giant's post-earnings selloff has left it trading it pretty reasonable multiples. And the company still has some valuable growth drivers and competitive strengths.
Cash is a lazy asset, but the genesis of Berkshire's underperformance has been choosing the wrong investments.
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.
The IT hardware giant beat EPS estimates with the help of margin growth and buybacks. But revenue fell short amid lower server and IT services sales.
Spending on online ads is still growing at a healthy double-digit clip. Google, Facebook and Amazon will benefit, as should some smaller players.
* FANG reverses lower midday I grew up reading in Mad Magazine, so here (FANGS reversal) is a scene I want to see. Obviously someone just dumped FANG with leading the way and following in the wake. I did not see any news but it's ugly: * AMZN hit an...
Market players are still looking to put capital to work and are focusing more on sectors and individual stocks than straight index plays.
A shortened week still brings key economic numbers and earnings results.
How many streaming services do we really need?