Verizon Communications Inc. (VZ)

* Like Led Zeppelin's iconic and mystical 1971 song, the market's advance has become almost an imbedded religious experience now * Buy the classics - the classic laggards (like ViacomCBS, Discovery and Amazon) * Rock on for now while the music is st...

* Another win for the bulls   Though I remain negative on the major Indexes, I thought the market did an exceptional job of keeping the outsized gains of the last few trading sessions today.   * Market breadth was about 5-3 positive as measured by t...

* On the long side  While I find few stocks that meet my standard for selection (long) at current prices, here are some ideas:  * Amazon appears to have successfully moved above an important technical milestone at he price of $3100. The company's #s...

* What to do now  I continue to like ViacomCBS and Discovery as long trade rentals.  I liked yesterday's pin action in Verizon , Walmart , and Twitter .  And I would invest in all three at current prices - on the long side.  I still like Schwab  and...

* Slowly, but very surely, prior market leaders have crashed * At times, markets can churn when leadership is unclear or non existent * But, given current high valuations, a more ominous market outcome seems more likely * Consider "Uncle" Bob Farrel...

"You keep on stompin' And my heart is on the floor..." - Lewis Gizzard, You Done Tore Out My Heart and Stomped That Sucker Flat  In yesterday's opening missive, "The Market Is a Hard Dog to Keep Under the Porch," I argued that the U.S. stock market ...

My Takeaways * The damage today was broad-based * I ended the day with a medium-sized net short exposure (down from very large at the beginning of the day) * Banks may have had a buying climax today * Tech (especially of a speculative-kind) remains ...

Verizon getting jiggy.  

Sarge has a very thoughtful column about Verizon that is a must read!   I share Sarge's optimism and agree with him on a possible valuation reset.  And I also share the reward vs. risk calculus.

A lot of activity today. A real lot. If you can't follow (which is understandable!) I am left with the following:  Longs: Verizon VZ, Bank of America , Citigroup , JPMorgan , Wells Fargo , , Shorts: Bonds, Homebuilders, Hilton , Hyatt , Twitter , Di...

* Verizon and Chevron purchased, banks and gold sold * None of these portfolio moves surprised me - but some might surprise the markets Warren Buffett pulled down his cash position a bit and got more busy in the latest reporting period.   Notably:  ...

"Just one more thing." -- Lt. Columbo Berkshire Hathaway has accumulated nearly 150 million shares of Verizon according to this afternoon's 13F filing. The shares are trading +$1.60/share or about +3% in the after hours. More tomorrow.

Picking at Verizon now.

Bidding for the following longs this morning: Walmart , Verizon , and . Offering the following shorts this morning: Disney , Tesla , Carvana , Peloton , Plug Power , , and . __________  Long WMT (large), SLV (large), GLD (large), VZ (large). Short T...

I am bidding for the following stocks on the long side now: and .  I am offering the following stocks on the short side now: , , , , , homebuilders, and . __________ Long WMT, VZ (large), Short CNVA, PTON, ARKK (large), PLUG, Homebuilders (large), T...

* VZ is a conservative holding with a secure dividend  Though Verizon's shares have recently declined, I thought the company's 4Q was solid, slightly beating expectations while providing an above consensus forecast for the next 12 months, even in th...

On Verizon :  frdgrouper1 jesusishere  he should respond but I will instead. This is Morgan's commentary: 4Q20 Earnings: EPS Beats By 5c, But Phone Net Adds Falls Short; 2021 Guidance Solid (+) EPS beats by3c,FCF higher. Adjusted EPS of $1.21 beat b...

Verizon had a weak response to the EPS report.  I have been busy this morning and haven't had a chance to review it carefully or go over the conference call.  That's tonite's homework.  

Besides moving back long banks, I added to my long .