|Day Low/High||380.84 / 384.59|
|52 Wk Low/High||239.70 / 391.76|
Shares of the aggregates supplier could pull back near term and set up an opportunity for big gains later in the year.
It looks like I will continue to wait before recommending the long side of MLM.
Two potential top reversal patterns on the weekly chart give us pause when it comes to buying the aggregates supplier's shares now.
The Russell 2000 has now soared 16% year to date, nearly twice the Nasdaq Composite's 8.5% move.
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
Even though stocks are trading off today, the major market indices are still "not oh so far off" their recent record highs. And at least to me that suggests in order to move meaningfully higher from here, it means more on upward revisions to EPS gro...
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
I have the answer, and it's something I learned as a rookie nearly four decades ago.
The fears of what would happen from Democratic wins in Georgia's race failed to pan out, aside from tech taking a few hits. Here's what's happening instead and why.
Perhaps the best thing for the markets that might come out of Tuesday's election would be certainty, regardless of outcome.
In plain speak, they ran for the exits on Wednesday, This week has been a period of intense institutional distribution.
Leading investing experts weigh in on what stocks stand to benefit the most should Joe Biden win the presidency in November.
Let's check out the charts and indicators of MLM.
Negotiations on the next round of stimulus, more so than tension between Washington and Beijing, and more so than earnings season, will control short-term financial market performance.
For housing, lower rates have the biggest multiplier impact of any industry in the country.
Let's review the charts and indicators.
If a trillion dollar package were to happen, here are the companies -- and communities -- who would benefit most.
We are talking about a finessed, intelligent approach to what we see happening in real time.
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.
Let's check the charts and indicators.
Overall, expect trading volume, with notable exception of action in specific names reporting earnings, to remain on the light side right through later Wednesday afternoon.
I will very much approach the environment provided (China talks) from the view of the pragmatic. I will trade whatever is in front of me.
When you see that money pouring out of the market it is going to be looking for a home. The home will most likely want some economic sensitivity.
A shift in the way the central bank manages its balance sheet is dangerous.