|Day Low/High||153.72 / 161.10|
|52 Wk Low/High||130.85 / 250.46|
China trade issue is no longer dominating the action.
* Bank earnings, to begin to be reported this morning, will mostly be in line to modestly higher than consensus expectations. * In this quarter, bank EPS will begin to improve and grow relative to the S&P - with flat to slightly higher operating pro...
Many stocks have been in a bear market and certain sectors -- like biotechnology, recent IPOs and oil -- have been under extreme pressure.
Citigroup and Lululemon are on the radar this morning.
Tomorrow morning we have several financials reporting their quarterly results before the market open: Charles Schwab Citigroup Goldman Sachs JP Morgan Chase Wells Fargo What I've noticed is expectations for both Goldman as well as Morgan Stanley , w...
As we get ready to transition into Monday afternoon, investor attention will no doubt begin to focus on the earnings gauntlet of about 160 company reports to be had between Tuesday through Friday. Those reports will include 52 of the S&P 500 compani...
After all the fuss about the latest round of U.S./China trade talks, all that came out was the U.S. has agreed to postpone an increase of tariffs and that China would purchase more U.S. agricultural products.
Plus, a look at the uncertain prospects for a Saudi Aramco initial public offering.
Hate Trump or like Trump, the economy does respond to a lower Fed funds rate.
Commissions do cut into the customer's profits, so now with that removed we may see trading come alive even more with options.
With low price-to-earnings multiples, these stocks could be buys right now -- depending on your take on recession.
Does the Fed just keep injecting liquidity into money markets every single night forever?
* Only three of eleven S&P sectors are viewed as attractive * I am in a risk off state of mind. Back in 2015 I instituted a new regular feature called "Sectors," in which I periodically offered my short-term (6-12 months) price outlook for each of t...
I added further to my long but that was it for my trading today. (VXX is my Trade of the Week) At 3:20 p.m. the indices are more or less where they opened. Breadth was only modestly negative. FANG got walloped, banks were only modestly lower (a "win...
Goldman Sachs streamlines and cuts costs. From Q: "Goldman's heads of trading, technology and human resources have all announced their departures in the past two weeks." (via @lizrhoffman) $GS https://t.co/vZgiI1yzR9 — Carl Quintanilla (@carlquintan...
A market repricing...which are the 'true' growth stocks now?
Market participants are beginning to recognize that there's no stopping the avalanche in selling of the expensive stocks to buy the cheaper stocks like AT&T.
Price is above the 200-day simple moving average, the 5/13 exponential moving average combo is bullish, and we're right on top of the 50-day simple moving average.
* makes a new high and I am sticking with my small long investment position. * , a recent buy, is up another $3 after climbing by nearly $4 yesterday. Holding on. * also on a tear, up by over +$33. Though its been an amazing multiple day upturn I am...
What's in your investment wallet: Mastercard, Visa or American Express?
I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." --Walter Deemer "When the time comes to sell, y...
Some of my financial holdings are delivering their 2Q19 10Qs today. I will comment if appropriate. First up is Goldman Sachs . One of the more interesting items was that the brokerage experienced only seven loss days. On the other hand there were fe...
Berkshire is so large and diversified that its prospects are tied to the economy as a whole, with the added benefit of being a defensive play in case of a market downturn.
The secondary offering of the producer of plant-based meat substitutes is priced well below its Wednesday's close.
Here's the only way to explain why stocks jump like mad if the companies underneath them only perform slightly better than the analysts worried they would.
New management seems to be doing a better job than Lloyd Blankfein did, but I remain skeptical.
Watch closely as the government opens a broad antitrust investigation into unidentified leading online technology platforms
Kimberly-Clark's performance is nothing to sneeze at, and neither is Coca-Cola's, as higher sales, higher prices and big demand from emerging markets appear to give us a return to the good old days of great senior growth stocks.