|Day Low/High||134.09 / 136.43|
|52 Wk Low/High||98.09 / 141.10|
Should competitors act in a way that puts the U.S. economy at a disadvantage, then by all means the FOMC must act with a level of anger that intimidates.
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.
There's apparently no key man risk at Burlington.
Own, but don't buy yet, Dollar Tree and Darden Restaurants.
Lower rates are terrible unless you spend money, buy goods, create businesses, refinance loans and basically exist in America.
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...
These stocks and sectors are safe havens, and may even be opportunities.
The secondary offering of the producer of plant-based meat substitutes is priced well below its Wednesday's close.
JPMorgan Chase announced that as of tomorrow, Aug. 1, its prime rate will fall by 25 basis points to 5.25%. This marks the first time JPM has cut that rate in more than a decade. Now to see what other banks follow...
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.
The big banks that have reported have made a combined total of $29.5 billion. That's astonishing.
Whether the U.S. economy warrants a rate cut at this stage of the cycle is perhaps debatable.
It is still a surprisingly sedate market, despite indexes sitting close to all-time highs, earnings season, possible interest-rate cuts and endless speculation about China trade.
Premium is incredibly cheap now that the news is out.
With volatile swings following its quarterly earnings release, JPM still appears to have investor confidence.
JPM joined other banking heavyweights in exceeding expectations at least at the headline level.
Let's check out the charts and indicators.
The money center bank's reduced forecast for net interest income amid geopolitical pressures is curbing investor enthusiasm.
For those trading the FANG or FAANG names, and especially Facebook, Tuesday sets up as a day bearing exceptional levels of headline risk.
The bulls will say this is healthy consolidation that will set up another leg higher, while the bears will say this is an indication of indecision and is a prelude to a rollover.
JPMorgan had a nice (headline) beat, but results were positively impacted by a non-recurring gain of nearly $0.25. Equities sales and trading, investment banking and net interest income (margins) were under consensus expectations. I don't own this n...
Here are my five rules for handling earnings season.
Keep in mind that stocks and indices at all-time highs don't just suddenly collapse.
There were two notable shifts in trading action Thursday.
On a day when the S&P 500 hit 3000 and the other averages broke out, I am going to end this bubble talk right here, right now, and say, keep the cash, you earned it.
Deutsche Bank's blunders and restructuring, and a new chief at the European Central Bank, could be perfect combination for a bull case.