|Day Low/High||25.91 / 26.11|
|52 Wk Low/High||11.03 / 26.57|
The market has weakened just a tad since our last update but remains directionless. The Energy sector continues to be the weakest of the 11 S&P sectors this year and the Energy Select Sector SPDR is off another 1% today and that is with oil prices b...
The way I do that is by using buy-write option strategies.
Valuation and all the other issues that are being discussed are secondary to the price action.
The potential for a negative reaction to the Trump, Xi meeting is high.
If you are interested in Square longer term be patient and wait for the drama to end.
Tyson Foods is in the headlines today after it appointed a new CEO.
AMD clearly has momentum and that always creates strong underlying support.
After recent weakness in the biotech sector, here are some names to start watching.
Go on the offensive rather than turn defensive and miss the opportunities that are developing.
I'm keeping FIVE on the radar but will look for entry after it consolidates a bit.
There are several key points to keep in mind as you digest this news.
If the market wanted an excuse to sell off it had it.
The action started a little slowly this morning but market players shook off early jitters and are doing a nice job of building on yesterday's momentum.
The good news is that there is some stock picking that is working well.
Will we see a trading range develop or will there be a continued effort to trend back to the recent highs?
Until we have some sort of dip, it won't be simple to find new buys.
There is just no logical way to gauge how much further this market can run even when it is technically extended by most measures.
Zogenix, Flexion, Dynavax and Progenics all have potential upside on these events.
Zogenix, Flexion, Dynavax and Progenics all have potential upside on upcoming events.
First-quarter GDP clocked in at 0.7% versus the consensus of 1.1%. I would take this with a grain of salt. Since the financial crisis, GDP always starts off the year at a miserly pace. General Motors is up just 2% in pre-market action despite beatin...
We are a half-hour before the open and it looks like we'll start off slightly higher based on current pre-market futures. Biotech could be strong again today on the back of the big acquisition by Celgene (CELG) of Receptos (RCPT) for just over $7 bi...
The market has improved since my last update and it looks as if we'll see a rare four straight days of gains. It's a bad day for old tech as Bernstein moves to Sell on Intel (INTC), citing dismal PC sales but also concerns about data-center growth. ...
It appears based on the futures that the market's rally will continue today, at least at the open. Personally, I think investors are becoming complacent given what could unfold in Greece over the next week. Everyone seems to be betting that Europe w...
Markets still down at mid-day but up off the lows coinciding with the close of the European stock markets. Following up on my comments on picking up a few more shares earlier today in United Rentals (URI) on recent weakness. The rental side of the h...