|Day Low/High||140.06 / 142.26|
|52 Wk Low/High||126.28 / 152.57|
If this group begins to outperform, then I'd use it as an indication of caution.
Markets have never had to price in a global economic collapse of this magnitude before. And a very real danger exists for small businesses.
Apple and these other big names must break the December 2018 lows to reach an investable level again.
I still don't think it's a terrible time to begin accumulating shares in quality companies for the long-term.
As I've stated before, I'm looking for names that are 'stupid cheap', and I'm not sure we're there yet.
What is crazy is the movement in names that have been winners up to now.
It's online, off-price, or nothing in the time of the coronavirus.
The massive movement toward sector ETFs is just simply not prudent. Here is why.
I would rather be long either Amazon, which I am, Costco, which I am, or Walmart, which I am not.
I would still like to see a day where the broad indices perform well on volume that grows from the day prior, but is that because I am too experienced?
You have to invest with your eyes wide open -- especially to the mirage of stock-based exchange-traded funds.
Every minute detail and data point is misinterpreted to paint a positive picture for stocks.
Walmart shoppers know it's never a good thing to pay more than everybody else for the same merchandise -- the same goes for stock.
For reliable income, a portfolio strategy generating monthly payouts, an opportunity in dividend kings, and favorites among taxable bond funds.
* The extent of the coronavirus contagion is being understated by Chinese authorities * Supply chain interruptions and demand concerns (caused by the coronavirus) are being ignored and underpriced by the financial markets * For the foreseeable futur...
The indexes simply refuse to do the logical thing and pull back, which would help bears and bulls alike.
Earlier today, Bob Lang and I used the day's weakness in Apple and Qualcomm shares to nibble modestly... we are hardly from a full position size in either, and will look to opportunistically build that out at favorable prices. With Walmart's Decemb...
It generally pays to stay with the trend in force and to focus more on closing prices than opening prices.
How about some potentially positive news... Casinos in Macau are set to reopen Wednesday (Feb. 19), which is expected to provide some relief to casino operators including Las Vegas Sands , MGM Resorts International , Wynn Resorts and Galaxy Enterta...
The bulls are relying on central banks and the belief that the economic impact of the coronavirus will be temporary.
You have to be fluid and dynamic, and get in the head of the sellers of these stocks. And then you have to see what they give you.
"Just one more thing." -- Lt. Columbo I neglected to mention that UBS has upgraded FedEx . FDX was +5% on Friday and up again today following a company announcement that it is improving its delivery efficiency and reducing costs. I placed FDX on my ...
The further afield stocks get, the more likely they are to come back toward normal, rather than become more extreme.
This trio of reasons plus a chart that remains in a bull channel all point to a stock that should continue to outperform the markets in 2020.
Don't assume consumers have lost their taste for plant-based meat substitutes just because they aren't dining at Burger King.
There is no inflation for the Fed to fight with higher rates, and the notion that low interest rates create asset bubbles is overrated.
Digging into the data, the numbers do appear to be quite the mess.