Is it a bear market? Oh, I suppose that depends on your definition. If you think the media, which somewhere along the line defined a bear market as down 20%, then I suppose we’re not in a bear m...
Tag: quotes
Yogi Berra and the Inflation Conundrum: It Ain’t Logistics or the Supply Chain
I worked for a commodity consulting firm from 1973 to 1976. This was my first job out of university. I learned about the supply and demand for everything from cotton and live cattle to soybeans and zi...
I’m ‘Following Up’ on a Biotech Trade With Attractive Potential
Just before noon ET on Friday, May 27, Doug Kass posted the following in his Daily Diary on Real Money Pro: “I added to SPDR S&P Biotech ETF (XBI) this morning. And I sold some attractivel...
When Not Just Any Dividend Stock Will Do
The volatility — and resulting lower prices — that have hit financial markets in 2022 have been tough on investors. Fears of supply-chain impacts, a slowdown in consumer spending, and even...
Move Over Target and Walmart, Costco Gets the Gold Star
Club retailer Costco ( COST) released the firm’s fiscal third-quarter earnings on Thursday evening. What a nail-biter! A week earlier, the stock had been smashed in sympathy with the earnings-re...
AbbVie’s Correction Appears to Be Over: Here’s Where the Stock Could Be Headed
AbbVie (ABBV) , the research-based biopharmaceutical company that was spun off from Abbott Laboratories (ABT) in 2013, has made an impressive move higher the past nine years. Recently, ABBV pulled ba...
As Pioneer Natural Resources Blazes a Trail Higher, We Have New Price Targets
When we reviewed the charts of Pioneer Natural Resources (PXD) on December 28 we wrote that, “Traders could repurchase PXD at current levels or on strength above $189.74. Risk to $165 this time....
Alibaba Is Sold out on the Downside
I read online Monday that half of the provinces in China are in some form of Covid lockdown so I see the news as half full rather than half empty. I see China at a bearish extreme and “uninvesta...
I’ve Got Smith & Wesson in the Holster, but the Safety Switch Stays On
As I was scouting for companies recently, I found one name that — while not ready to pull the trigger on — is worth setting your sights on. Let me explain. I was developing a list of compa...
Can Costco Buck the Retail Train Wreck Trend? We’re About to Find Out
I can’t tell you to follow my lead on this one. It’s too risky. All I can do is tell you how I think and why I think what I think. Then you can decide for yourself. I took it on the chin i...
Is This the Time to Buy Costco?
Costco Wholesale (COST) saw its share price plunge sharply in the past six weeks. Have prices reached a level or area where some farsighted investors see an opportunity? Let’s check. In this ...
Occidental Petroleum Continues to Target Higher Prices
Occidental Petroleum (OXY) is making a new 52-week high Monday as crude oil futures resume their rise. In our February 24 review of OXY and the VanEck Oil Services ETF (OIH) , we were bullish with a...
Is It Time to Jump Back Into Ford? Here’s How to Trade It
The recent news has been messy. On Friday, Ford Motor (F) sold another 7M shares of electric vehicle start-up Rivian Automotive (RIVN) for about $188M. Ford had sold 8M shares of RIVN earlier in the w...
SoFi Technologies Is Primed for a Rebound
By BRUCE KAMICH May 16, 2022 | 08:50 AM EDT Stocks quotes in this article: SOFI A fundamental analyst at Piper Sandler raised their rating on SoFi Technologies ( SOFI) to “overweight” Mond...
Bearish Bets: 3 Sluggish Stocks You Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
10 ‘Benjamin Graham Defensive’ Stocks Make That Make the Grade
Admittedly, the rest of the names that currently meet my modified Benjamin Graham “Stocks for the Defensive Investor” criteria are not as big or as well-known as the one I mentioned in my ...
4 top quotes from Berkshire Hathaway’s annual shareholder meeting you might have missed — get your market guidance here
4 top quotes from Berkshire Hathaway’s annual shareholder meeting you might have missed — get your market guidance here Berkshire Hathaway CEO Warren Buffett and his business partner Charlie Munger ho...
Where Nvidia, AMD, Intel and Qualcomm Shares Now Stand
Nvidia (NVDA) , Advanced Micro Devices (AMD) , Intel (INTC) and Qualcomm’s (QCOM) valuations have all compressed significantly this year. But I think two of these big-name chip developers have...
Bearish Bets: 3 Slumping Stocks You Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
This Prescient Contrarian Indicator Is Flashing a Very Bullish Signal
The trading was harsh enough Thursday to send several of the equity indexes back below their support levels. However, none of the near-term trends were violated. For sure, the markets remain on volati...
Forget ‘Buy Low and Sell High,’ and More Wisdom from William J. O’Neil
William J. O’Neil is well-known as the founder of Investors Business Daily and the author of the book called, “How to Make Money in Stocks: A Winning System in Good Times and Bad.” T...
As Investors Wait for Capitulation, Here’s What Could Trigger a Reversal
Markets that resemble the current one have the feel of approaching an ugly liquidation stage. Powerful but quickly failed rallies give the market a hopeless feel, headed-for-a-lower-level slant. Some ...
AMD Crushed It, Lisa Su Crushed It: Here’s How to Trade It
Crushed it! Okay, maybe I’m a little biased. Maybe I’m long Advanced Micro Devices (AMD) . Maybe Lisa Su was already my favorite all-time CEO. Maybe, just maybe, when Advanced Micro Device...
Jack Ma ‘Arrest’ and SEC’s DiDi Investigation Whack China Tech Stocks
Mainland traders will have a nasty shock on their hands when they return to their computer screens on Thursday after a long holiday. The Hong Kong market saw heavy selling here on Wednesday in Chinese...
As Pfizer Faces a Period of Volatility, Here’s My Plan for the Shares
The numbers for Pfizer (PFE) are excellent. The guidance? Meh. Pfizer released the firm’s first quarter financial performance on Tuesday morning. Pfizer posted adjusted EPS of $1.62 (GAAP EPS of...
The Fed Should Follow Volcker’s Playbook and Act Boldly This Week
It’s going to be an interesting week for the markets and the economy. It’s the first week in May, and often we see investors follow the saying, “Sell in May and go away.” That ...
Bearish Bets: 3 Big-Name Stocks You Should Think About Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
General Motors Was a Bumpy Ride but Could Start to ‘Cruise’
General Motors (GM) reported a solid quarter on Wednesday, affirming guidance for cash flow and earnings of $6.50 to $7.50 per share. Analysts mostly viewed the quarter bullishly, with Bank of Americ...
Qualcomm Is Now an Elite Semiconductor Company: Here’s My Plan
Qualcomm (QCOM) released the firm’s fiscal second quarter results on Wednesday evening, and unlike Meta Platforms (FB) , which got all the FinTV coverage overnight, actually did hit “it...
Cathie Wood Leads the Market in Schadenfreude – And It’s Not Hard to See Why
The ARK Invest ETFs, which are operated by Cathie Wood, are leading the market in schadenfreude. Schadenfreude is the German word for taking pleasure in the misfortune of others. In this miserable mar...