|Day Low/High||27.93 / 28.21|
|52 Wk Low/High||26.08 / 38.82|
Small-caps and mid-caps are still picking first downs on every play, storming back from a badly oversold condition that has just about normalized.
* Limited upside (+$3), limited downside (-$2) Verizon remains a lackluster and uninteresting holding with limited upside (but also limited downside). The company reported good operating results -- especially in the consumer line. Postpaid phone add...
I am disappointed in the action of Verizon following the good beat and raise -- I thought AT&T would move higher on the news. While I still think there is a favorable reward vs. risk, I just took off some of my AT&T ahead of earnings and will reev...
I am betting with, not against, both CEOs. Too much good happening. Too little bad.
* Added to short September $424 puts ($12.98) * Added to , , (spec), longs * Added to short
I have added to my streamers today -- AT&T , Discovery and Viacom . Positions are getting more material.
Here's how I would play NFLX -- without too much drama -- as it's set to report next week.
I have been more aggressively buying AT&T over the last few days. I share the optimism in this post and I would be a buyer under $29.
Let's look at DIS and how it fits into the 'Content Is King' investing theme.
* Treading slowly as I build up a (small) net short book * I am often wrong and always in doubt For reasons mentioned daily in my Diary I find myself, today, nearly at the polar opposite of the bullish cabal. That election is based on fundamental a...
I shorted more August (monthly) $426 puts this morning. I also added to and longs in the early going.
I established a small investment position in AT&T (at $29.02) - based on the improving reward vs. risk. Analysis later in the week.
Thes top-ranked names have high yields and safe dividends.
For example, consider stocks that should benefit from our ever-increasing digital lifestyle.
TGT and DRI are two examples of companies that offloaded major divisions to make things better.
The AT&T deal with Discovery dominated the news, but let's look at the dividend cut and how this is anything but 'transformational.'
There's one name I would consider adding back to full on any coming weakness.