Prev Close | 308.20 |
Day Low/High | 299.41 / 312.59 |
52 Wk Low/High | 293.90 / 426.16 |
Prev Close | 308.20 |
Day Low/High | 299.41 / 312.59 |
52 Wk Low/High | 293.90 / 426.16 |
Exchange | NYSE |
Shares Outstanding | 343.45B |
Market Cap | 105.85B |
P/E Ratio | 11.70 |
Div & Yield | N.A. (N.A) |
* Amazon's business "moat" is deep and secure * The threat of increased regulation of the company continues to exist ... but is now seen as diminished - likely to be modest in scope and having little impact on Amazon's growth ambitions or cost struc...
When I purchased Facebook (and placed it on my Best Ideas List at $137 in late November, 2018), it - along with Goldman Sachs - were my favorite large cap longs. The stocks were substantially out of favor and hated by the sell- and buy- side. Since...
Here are some of my individual buy levels of stocks that I want to add to or reestablish on weakness: * $157.50 * $1625 * $1150 * $42 * $55 * $46 * $46.50 * $182.50 * $31 * $40 * $23 * $65 * $16.75 * $35 * $27.75 * $60 * $95 * $48 * $87.50 Note: Lon...
I reduced my tagend longs in Facebook and Goldman Sachs down even further. I am bidding for more VanEck Vectors Vietnam ETF .
Why am I not more worried about a recession? Because Fed Chair Jay Powell has our back.
I made some good sales recently near $200 in Goldman Sachs for a large profit (now $192). As mentioned recently, I am down to tag ends. I would be a buyer at $185 or less - where I would substantially rebuild this name. In the next two or three sess...
"Just one more thing." -- Lt. Columbo It looks to me that, while breadth was positive (1,860 advancing issues, 1,092 declining issues), there was a real positive skew and influence possessed by the FANG and financials. Bond yields gapped higher (aid...
I am further reducing my and longs. Now at tag ends.
* Further reducing gross longs * And increasing my overall net short exposure I have also moved my position from large-sized to medium-sized. (And I plan to stay there.) With the recent liquidation of , , and longs, profit taking in a substantial a...
* A less favorable upside/downside * And a desire to book more profits and reduce my gross long exposure I have further trimmed and longs. What was once large-sized positions are now small-sized. I have no current intention to reduce these two holdi...
* I stand with a calculator and a contrarian streak in my investment strategy * I have steadily expanded my net short exposure all week While I am respectful of price and momentum that, in part, have been influenced by the changing market structure,...
Recently I have made the following moves in my portfolios: * I have added to my and shorts. * I sold out my and longs. * I reduced the size (from large to medium) of my long holdings in and . * I initiated shorts in , and .
* I am at my largest net short exposure since September, 2018 * My calculus suggests that the market downside dwarfs the upside today My investment career has qualified me more as a Contrarian than as a Cassandra. I am never fearful in going against...
If we can advance without China then who the heck knows where we can go with it.
* As reward to the upside v. downside risk has changed after meaningful price gains in the last 2-3 months I have reduced from very large to medium-sized two of my favorite long investments - Goldman Sachs and Facebook. was bought and put on my Best...
Buffett 'knows' Kraft Heinz well (he'd been on the Board for several years) and is capable of making a quick decision.
*It's a non trivial possibility! Overnight I reflected upon the abysmal news at Kraft Heinz : * SEC accounting probe * EPS miss (based principally on rising costs as top line growth was, more or less, in line) * Lower profit guidance (see above, cou...
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.
After many months of price weakness it looks like Avis Budget can firm up a bit.
* Some thin reed indicators could be indicators of a change in pattern While one day does not make a market (as evidence S&P futures are +7 handles at 5:40 am), as I pointed out late yesterday afternoon: 1. The indices closed weakly and without a ru...
There's going to be a storm of deals and the market will not be able to handle it without taking the whole table lower.
What's changed? Let me show you.
Disney's parks could promote more strong earnings in 2019.
Selecting the creme de la creme of last year's top dividend dogs generated an average total return of 8.8%.
They are still so much lower than they were before Jay Powell went wayward.
So far nine are in positive territory, and are up an average of just over 11%.
* Along with Goldman Sachs , Facebook remains my favorite contrarian pick * FB shares rose by $6 in the regular trading session Wednesday and added another $17 in after-hours trading after the exquisite earnings report * I added to my FB long on Wed...
I really like the pin action in a number of my core longs: , , , , (as expected off of the strength), , , , and . and , not so much! Note: Long GS (large), BAC (large), C (large), WFC (large), JPM (large), DWDP (large), HIG (large), CBS, M (small), ...
I'm quite sure the whipsaw action over the past couple of months is driving you nuts.
I have received a number of inquiries about whether profits should be taken in Goldman Sachs , which is now over $201 and nearly $40 higher than when I made it my favorite large cap stock for 2019 at $163/share. Here is my GS thesis. GS and are my t...