MorningWord 10/28/13: On a daily basis I scroll about 200 large cap one year charts of stocks that I trade. I use this scroll to get a quick sense for where stocks have been and …
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FDX is another name that has gone nuts in the last 2 weeks, as it broke out to a new all-time high above 120, leading to an immediate 10% rally from there in the past …
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We have received a lot of questions on our BA Name That Trade post from a few weeks back, when we laid out a short term bearish trade when the stock was ~$119 due to …
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We’ve written about BA twice in the past week, as the stock flew higher last week after breaking out to a new all-time high. First, our CotD post on the 19th concluded: The breakout last …
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MorningWord 9/20/13: No matter what your view as to why the SPX broke out to new highs, the actual occurrence is nothing short of impressive from a pure technical perspective. While a runaway breakout …
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Dan discussed the backdrop for NFLX in his Morning Word. I’m actually quite an optimist on the long-term outlook for online video, as I detailed in my Macro Wrap last month. And NFLX is at …
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One by one, the big losers of 2013 have rallied back. AAPL and Gold, Silver, and Gold Miners all bottomed near the end of July. Since then, they have been outperforming assets rather than dramatically …
Continue readingJohnson and Johnson has been one of the best performing stocks among the mega-caps this year. It’s up 26% in 2013, well outpacing the performance of the S&P 500 index. And JNJ is considered a …
Continue readingXOM has periodically been the largest market cap company in the U.S. market, off and on for the past decade. It was the largest again for most of 2013, before AAPL’s recent resurgence and XOM’s …
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Stanley Druckenmiller, illustrious hedge fund manager, earlier this year referred to the U.S. interest rate as “the most important price in the most important economy in the world.” Ahead of the monthly payrolls report today, …
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