|Day Low/High||134.80 / 142.21|
|52 Wk Low/High||114.00 / 163.64|
"It's not the news that counts -- it's how the stock market reacts to the news that counts." -- Richard Russell (hat tip to Sir Jeff Saut for the source of the quote) The above quote filled my head most of the day (General Motors , Ford , Caterpilla...
I am initiating a small trading short rental in Amazon at about $836.50 a share. Rising from the Brexit February low at about $475 a share, Amazon's shares (now about $836) have led the rally in the broad market and have been a leader in the overa...
Results from Home Depot and others are worrisome.
Steve Cortes' six-month chart (plotting PowerShares QQQ Trust, Series 1 ETF vs. Whirpool ) points up a huge emerging divergence between housing/consumer-related weakness and the Nasdaq. . Given the weakness in consumer discretionary, which has sp...
Retail is a conspicuous loser this morning after bad misses at Masco , Sherwin-Williams , Whirlpool and by several restaurant chains. In the retail space, Home Depot is down $3 and Lowe's down $2, with Macy's and Nordstrom also lower. My only consum...
Thus far I am seeing a mixed picture of earnings reports this morning and last night. Visa guided a bit lower on a more costly Visa Europe integration, Whirlpool misses and cuts guidance, and Lilly results were well below on both earnings per share ...
With 7 positions set to report this week, we purposely stayed on the sidelines over the last few days.
The housing sector is marching on, pulling the economy along.
The shocking truth of how the latest round of stimulus under Abenomics is being spent.
For patient investors, this process will create a much lower entry opportunity than currently available.
Heading into the second half of 2016, many companies remain resilient.
It looks from the futures like we're in for a flattish opening to begin the trading week. I used my first missive today to talk about two sectors that I'm underweight on -- financials and utilities. Now, let's talk about two areas that I'm actually ...
Now that Joy Global is being acquired, here are 4 other names with similar attributes.
The appliance maker may be one way to play the looming refinance boom.
These furniture and appliance names could rise, but some may already be pricey.
If earnings come in decent, we should be in for a strong end to the summer.
If you've reduced some exposure and raised a little cash, relax.
The stock has been consolidating lately and could take out the year's high.
Since we last met, I wrote an analysis of Signet Jewelers (SIG) that asked questions about the firm's credit portfolio -- and the stock subsequently cratered. I've also felt similarly bearish about other consumer-discretionary names like Buffalo Wil...
It was a choppy tape. Up and down, up and down. Not sure we learned much, so we'll just wait for tomorrow for any additional color. I spent the day listening to the webcasts and reading a couple of filings. I'll have a Day 2 EPG update coming out sh...
After a weak earnings report two weeks ago, the momentum has shifted.
Electric cars failed in Hong Kong at first but lead the way for the rest of China.
I'm gaining confidence that a significant pullback is coming.
Investors in WHR will continue to clean up as the company grows margins and builds on recent acquisitions.