|Day Low/High||32.62 / 33.36|
|52 Wk Low/High||19.73 / 47.79|
Besides the bank stocks (which are anticipated to be a very long term holding for me), the only long term investments I have recently added to are and . And I would continue to buy all dips in the two names - which hold favorable reward v. risk.
It's entirely possible that with a few more placid days like today we are going to get buyers coming back in.
Square is trading -$8 to $74.70 today. I am taking SQ off of my Best Ideas List (short) as I no longer want to short the shares - it remains my view that it is a natural acquisition (along with Twitter ) by Alphabet . I shorted SQ and placed it on ...
As the market broke down late last month I penned a column, "A Contrarian's Thoughts" (while I unemotionally took on a number of trading long rentals based on the expectation of a possible rally in the S&P Index towards 2800-2850): "The pessimism i...
The charts are bullish, if TWTR can pass a key point of resistance.
* Unreasoned collateral damage is a definition of opportunity to me With the president taking a swipe at Facebook , Alphabet and Amazon (on antitrust grounds) in a wide ranging interview with Axios - Twitter could be pressured along with the FANGs t...
I am not making a long purchase today. But if you don't share my ursine market view I would consider the following at current prices: , , all banks ( , , and ), retail ( and ), and .
All three companies reported seeing user growth pressures in North America for popular services.
"Just one more thing" -- Lt. Columbo A few months ago I initiated a new occasional item called Dumbest Comments in the Business Media because over time I have observed that far too often the "talking heads" that are paraded in front of us are superf...
I have sold my three pot trading rental longs right after the opening - , and - for a profit. Of the trading rentals I established recently, only Twitter and Northrop remain in my portfolio - and for the time being I plan to hold on to them. I am ...
Charts say downtrend that began last July is ending.
FB is acting like the worst has been priced in and that is what we need.
I added to General Motors (my Trade of the Week) this morning. I also re-established a small Twitter loan in early weakness (I am still of the view that Alphabet/Google ultimately buys the company). But I am not chasing the strength.
2018 is finally showing us better management of the company's expenses relative to its revenue growth.
I am looking to put more capital to work in select small caps.
In a market where little is working, I'll take my chances with a name that is.
Just when you thought the worst was over another wave of selling would hit.
One very encouraging sign Friday is relative outperformance by names that have lately been the weakest.
I'm looking for is a market environment when stock-picking will matter more.
There isn't much appetitive left for chasing the big-cap technology names right now.
It is far better to stay defensive and protect capital while waiting for positive action to develop again.
It becomes difficult for me to tell you where to run in these markets...
I have sold my Twitter long investment at near $31. The shares are +$3.50 on the beat and better guidance -- but the reaction seems extreme and I believe I will be able to buy it back at lower prices. The shares remain on my Best Ideas list.