Stock of the Day
Market Winning Streaks, Pretty Darned Hawkish, China Rate Cut, The Week Ahead
The market is especially susceptible to the onslaught of Fed speakers that now come our way. Once they open the cage and let them run wild, these markets will react.
Etsy Could Soar Even Higher as Buyers Adapt to the New Online Economy
ETSY shares up 150% from their March lows.
There's a Worthy Options Play to Be Had With JP Morgan
I'm not willing to stick my neck out right now and take an equity stake.
JP Morgan Chase Is Still Pointed Lower but Remain Alert for Opportunities
The stock price of JPM is still pointed down and the broad market has not put in a low yet - this means there is further risk.
Coronavirus: The 'Cure' Is Worse Than the Disease
Instead, keep calm, buy some bargain stocks -- which have been knocked down to a fraction of their true long-term values -- and wait for resolution.
I'm Stirred Up Over Coca-Cola
KO pays a sustainable dividend -- and is attractive in uncertain times -- but it's exposed to breakdowns in supply chains and demand.
Coca-Cola Could Make a 2-Day Price Reversal, so Watch Closely
The soft drink giant in recent days has not seen the more aggressive sellng that most stocks have experienced of late.
I Fully Intend to Add to My Long Costco Position Friday
To label COST my favorite retailer is to put it mildly.
What About a Deal With HP Inc. and DocuSign?
What boggles my mind is DocuSign sitting out there at $15 billion that could work well with HPQ - or Xerox - and their strong free cash flow.
HP Inc.? I'll Pass
I did look out three months to see if there was maybe an intelligent way to play this name through the options market.
Great Expectations? Not for Dollar Tree
I'm apt to sit this one out on the long side or even consider puts below $80.
There's No Need to Be Very Aggressive If You're Trading Dollar Tree
DLTR tells us up front that their forward outlook doesn't include any impact from the spread of the coronavirus on supply chains nor consumer demand. That's unrealistic.
Dollar Tree's Charts Could Weaken Further as Key Support Gets Broken
The charts of DLTR turned bearish long before the coronavirus became an "issue".
Can Target's Shares Break Out to New Highs?
I would rather be long either Amazon, which I am, Costco, which I am, or Walmart, which I am not.
Target Charts Suggest Its Shares Could Work Lower in Weeks Ahead
Even before the market's broad selloff the stock of the big retailer was showing signs of weakness.
No Rush to Buy General Electric but Here's a Trade Idea
I would not take an equity stake without messing around with net basis through the sale of what look to me to be well placed options mean to force profit taking, and/or adding at advantageous discounts.
Long-Time Sell-Side General Electric Bear Changes His Tune
Let's see if there's anything new on GE's charts.
Microsoft Stock Is on the Defensive: What Investors Can Expect Now
Let's check out the charts and indicators to get a sense of the downside risk.
Messy Markets, Trading Notes, What Now for Microsoft?: Market Recon
What we have witnessed in recent days would be Wall Street and corporate America in aggregate finding great difficulty in quantifying what is clearly at this point, unknowable.
Disney: I Don't See a Reason to Accept the Downside Risk Here
As it stands now, I'm on the sidelines or a seller below $129.
To Disney's New Chief: May the Force Be With You
Bob Chapek faces many challenges, but, look, he also led Disney's expansion into Asia, built up 'Star Wars' additions to the U.S. parks, and more.
A Changing of the Guard at Disney
Let's check the charts of DIS to see how investors may be reacting.
Here's How I'm Going to Protect My Profits in Home Depot
I would not be surprised to see the name sell off in this weak tape after all of the post earnings hype wears off.
Home Depot Shares Jump Higher Following Its Sales Increase
Go long or add to longs when prices make a new high for the move up.
Gilead Gets Some Serious Play
I wouldn't be a buyer of Gilead on the coronavirus news, I'd be a buyer because the yield and chart look pretty darn good.
Gilead Has Become and Will Be a Volatile Name
I would consider any entry a trade, and not an investment.
Shares of Gilead Could Surge to the $88 Area in the Near-Term
Any modest intraday dip is probably a buying opportunity.
With Zscaler, I See No Reason to Push or Pull Either Way Today
Wait until we see a test of support or a breakout above (or failed test of) resistance before making a move.
Zscaler Could Weaken Further If Nearby Support Is Broken
The question is how far down and how long the selling lasts.
Morgan Stanley Jumps Into the Deep End With E*Trade Purchase
What I suspect is that the stock price of MS will likely trade in a relatively tight range.