|Day Low/High||168.68 / 171.33|
|52 Wk Low/High||95.24 / 171.51|
Banks rolling over after beats. Brokers initial gap turns into losses. FAANG gains moderating. Getting more serious on short side. Shorted at $44.17 against my and longs.
Run don't walk to read Sarge's column on JP Morgan . It's a must read and I agree with all of his analysis and with his conclusion.
JPM reported the firm's third quarter financial performance and the unofficial start of earnings season is officially underway.
There probably will be an intense period of market volatility that could stretch farther out than even I projected a couple of months ago.
Bank stocks are among the most favored value plays of many money managers and strategists based on the fact that the industry is a direct beneficiary of higher interest rates. This is indeed true - as banks are balance sheet and income statement se...
While rates are playing havoc with growth stocks, there is other rotational action going on.
Market volatility could spike in late November/early December just as liquidity walks away. Keep that in mind.
Bank stocks have been big winners this year, but is there room left to run?
Having a debt ceiling is foolish, it only ever matters to the party currently out of power and never really does what it was intended to... curb federal spending.
Companies don't become best of breed unless they are the best in everything they do. Facebook hangs in the balance.
The real crisis is not that the Evergrande story will be back, but that China isn't able and politically willing to be the global driver of economic growth it has been.
I do not share the growing optimism on bank stocks ("price has a way of changing sentiment") -- and I don't see a new bull market leg in the space. Indeed, I see reward vs. risk deteriorating moderately in this week's advance. I have taken a pro...
One day, either the Modern Monetary Theorists will be right, or the fiscal hawks will prove correct. Count me with the hawks.
The whole notion of the grand inquisitor Fed is out of whack with reality. Here's what you should be watching, instead.
After a wonderful run and keeping with my ursine market view, I just took off some and longs at $161.10 and $73.82, respectively.
For investors, mobile payments could represent a chance to get in early on a trend that is likely to accelerate in the future.
They are all chasing the same people, the millennials.
Are the stock watchdogs really able to put the necessary disclosures in place, given the anti-business sentiment coming from the very top?
Some of my longs that I have mentioned recently include , , , , , , (spec), (spec), , , , , and .
* Trading and investing can sometimes be as seen as much as art as science * To me, both trading and investing should be embarked upon dispassionately, enforced and supported by a sense of where value resides * Some technicians see the recent rollov...
IBM beat expectations and the complexion the overnight mood changed. But will the mood change hold?
* But, getting long slowly Long in and now. Small-sized - at $64.65 and $146.34, respectively.