|Day Low/High||34.03 / 35.20|
|52 Wk Low/High||22.46 / 58.83|
So what's the narrative? Simple: the recession is ending, it turned out to be a V recession and recovery after all.
The market itself may be ignoring the realities of its weakest players.
Maybe it ends up being a small price to pay to avoid a depression.
It's imperative that people get back to work, so we have this great compromise -- let's see how it might play out.
Money movers are not buying protection for individual names, but they are starting to bet against the market en masse, while the Russell 2000 ran up 4% on Monday.
Watching first-time jobless claims and trading volume, plus some thoughts on defense names like Raytheon and Lockheed Martin, and tech names like Lam Research.
Beyond energy markets and the potential for ancillary fall-out, the S&P 500, and this may be more important from a technical viewpoint, failed to hold that 50 day SMA.
Are the markets ready for a pause in this dramatic rebound? We are several weeks behind Europe in battling this pandemic and U.S. numbers are far worse. Time will tell.
Let's explore a concept I have been loath to consider.
Would love to know if Warren Buffett is adding here, or keeping his powder dry. Would simply love to know.
I still do believe that the panic is overblown, but that does not mean that it won't continue.
Don't buy airlines or travel stocks yet.
There are reports suggesting that JetBlue founder David Neeleman is starting a new airline called Breeze Airways to serve mid-size U.S. cities without many direct flights, and that it could take flight later this year. Of course, one question relat...
A quick resolution to the Coronavirus situation doesn't necessarily equate to a quick market recovery -- but these 2 domestically-focused airlines should weather it well.
As we get higher, there are a growing number of alarms that could awake the great bear.
Odds are the December quarter will be messy, and we'll see a step up in cash consumption -- this has raised concerns over the company's dividend.
The market impact of the virus for U.S. investors has been seen in more pronounced fashion in Treasury markets.
Almost 200 companies are slated to report quarterly results, including 43 S&P 500 constituents.
As we wait for the December Retail Sales report, here are some headlines catching my attention this morning: Shares of PPG Industries are down in pre-market trading following December quarterly results that missed EPS expectations despite reporting...
Energy companies and American Airlines haven't fared well in 2019 but could perform much better next year.
TGT trounced earnings this quarter, but pay close attention to this key report on Jan. 15.
Plus, a glance at news about Disney+, Boeing's 737 Max and Alphabet's "Project Nightingale."
It's a game of chase or don't chase with the wind at the sector's back.
On the biggest day for earnings reports in the S&P let me give you my scorecard to date so you know which pile your stocks might land in.
Large-cap equity indices over a month have churned on lackluster interest outside of the high-frequency crowd, and the trucking and rail sectors are outperforming the indices this month.