|Day Low/High||37.24 / 39.32|
|52 Wk Low/High||26.19 / 47.79|
We have to own that it was a bad day for the bulls and that it's perfectly realistic to expect a few more until the facts get more positive.
I won't lose money for my clients by buying stocks in companies that are facing lower margins.
Also restraining the ursine crowd is the new-found dovishness of the Fed when it comes to rate hikes.
Does it not make sense to create a separate portfolio made up of equities that will benefit -- as sick as that sounds -- when an area needs to rebuild?
Twitter beat on the top and bottom line, but issued relatively disappointing forward revenue guidance. The share are down in premarket trading. I will have more after the conference call and when I complete my analysis. UPDATE: I just paid $31.33 f...
When you have a bunch of these in one day, you can move whole sectors and, to some degree, the market itself.
Twitter looks like it should move higher and $38 and $46 are my price targets,
Q4 earnings should tell us a great deal about what to expect in 2019.
Buckle up after Super Sunday.
It is the action in secondary stocks that is giving the action a much better feel.
* Along with Goldman Sachs , Facebook remains my favorite contrarian pick * FB shares rose by $6 in the regular trading session Wednesday and added another $17 in after-hours trading after the exquisite earnings report * I added to my FB long on Wed...
Wednesday was a consequential day in which I made several moves, including: * Reduced my short hedge for a loss. * Profitably traded my Apple short -- covering in the first hour of trading and putting back out a short after the close. * Took a tradi...
I really like the pin action in a number of my core longs: , , , , (as expected off of the strength), , , , and . and , not so much! Note: Long GS (large), BAC (large), C (large), WFC (large), JPM (large), DWDP (large), HIG (large), CBS, M (small), ...
Social media stocks (e.g. , ) are under pressure - likely based on usage fears. I would add to FB at $137ish and TWTR at around $30-$31.
Good action in and two stocks recently added to recently and initiated yesterday ( and ). , a victim of premature selling, is a total monster (+$3). (Still on my Best Idea List).
Let's take a few minutes to look at the charts and indicators.
* I am open to all "tells"! Though I am disciplined in approach, as I outlined in my Price-Value opener today, it doesn't mean that I am not open to looking at other factors. One of those things I do all the time is to try to read the tape -- to see...
We have several standout investment positions today. , a Piper upgrade this morning, is my favorite speculative stock for 2019. I have been steadily adding to this name on weakness (see past posts). The shares were placed on my Best Ideas List on Ja...
Twitter continues to be a standout stock relative to its social media peers and to the market as a whole.
Cathay Pacific has shown a mastery of public relations by owning an error that saw it sell first-class tickets at a fraction of their real price.
* I have sized up a number of individual longs during the market's recent weakness I have moved from medium-sized to large-sized in the following longs: , , , and . I have moved from small-sized to medium-sized in the following longs: and . I curren...
Adding to Square and Twitter - two possible takeover candidates (read: Alphabet! )
I am going through tech stocks, looking at where they were two weeks ago and where they could be in a year.
I had a good handle on what would happen if Jerome Powell messed up the Fed's statement and the press conference and he did both.
The image-sharing platform is reportedly prepping an early-2019 IPO. Working in its favor: Healthy user and revenue growth, unique demographics and a clean image.