I will tell you this. Nobody I talk to is talking much about Q2 earnings. In fact, Q3 is not even the topic of conversation.
But I like the opportunity for a speculative long as well as a nice balance against other positions that could drop if Covid increases.
The initial target here is $16 with a secondary target of $17.50 on this breakout, with a time frame of a month or less.
The market pullbacks are more positive than negative.
Planet Earth has had a hell of a first half. I just don't see it getting better in the second half.
As a whole, publicly traded restaurant names are doing better than I would have expected year-to-date.
Several asian nations will experience significant economic damage from the coronavirus, according to forecasts by Standard & Poor's.
The one thing that's unforgivable is that there was something our leaders did know and didn't tell the truth about: that masks work.
The key to portfolio management is reallocating assets and instead of doing that Berkshire seems to have done nothing.
The volume data and the On-Balance-Volume line moves tell you that MGM has become a huge vehicle for short-term traders.