|Day Low/High||206.43 / 209.51|
|52 Wk Low/High||130.85 / 250.46|
The first thing you need to think about when analyzing earnings has nothing to do with earnings. It has to do with where the stocks are.
We have to hope they are given a better chance to tell their story than they were Wednesday.
A cheat sheet of expected questions for investors and political theater enthusiasts.
The 200-day moving average is a big impediment here.
It is likely time to build a long position in GS, but only on my terms.
Goldman's consumer-focused fin-tech effort is a key theme to watch in 2019.
Holding a stock is always a function of (upside) reward relative to (downside) risk.
* With reward about the same as risk I have pared down my large position in Goldman Sachs on strength * Over the longer term GS will likely prove to be a very profitable investment * My two year price target remains at $245/share - an upside of more...
Goldman CEO David Solomon will need to navigate a difficult hearing on Wednesday.
Lyft's IPO is looking like a party bus, but how long can the sentiment stay strong?
In a Dickensian twist, both AAPL and GS could get a big boost from analysts' Low Expectations on the Apple Card.
This market has repudiated the idea of owning 'value' stocks. But these banks are value names, and here is why.
Apple hasn't answered all of its critics after Monday's presentation.
Equity markets marked time on Monday, mostly on light volume.
Growth fears have eased, the inverted yield curve issue is set aside, China trade will be an issue again soon and market players are looking to put cash to work.
Here are today's key observations: * Bonds continued to rise in price and sell off in yield. The 10-year U.S. note yield dropped by another five basis points and is now slightly below 2.40%. My long standing and contrarian target of 2.25% is close a...
The company has reportedly been seeking large revenue cuts for some of the new services it's expected to unveil on Monday, and also reportedly has aggressive bundling plans.
* Stock charts are less reliable in the present than in the past * Beware of false breakouts (up and down) promoted by products and strategies that worship at the altar of price momentum * Re-mem-mem-ber - buyers live higher and sellers live lower "...
Note: I am still operating with computer problems. I see very little going on this morning: * Breadth is stinking up the joint - 700 advancing issues and 2100 declining issues. * Several market leaders are failing to hold yesterday's morning ramp ...
With ninety minutes to go breadth has turned negative. Before ETFs, CTAs and risk parity Goldman's loss of its entire +$3 gain on the day would matter and would likely presage a market reversal. So would the reversal in industrials and financials (b...
I think sometimes the best way to parse the temperament is to go over the most obviously 'wrong' moves and address why they might not be wrong at all.
* Note and bond yields are shouting that the trajectory of global economic growth will disappoint relative to consensus expectations * The message of the fixed income market is currently being ignored by stock investors "This is the business we have...
In a world starved for growth, investors will likely value companies with strong organic growth prospects.
* 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.