|Day Low/High||42.35 / 43.76|
|52 Wk Low/High||37.19 / 95.62|
It may seem difficult to believe given how tough the market has been, but there will be a point in time when fundamentals matter again.
We are upgrading the portfolio this afternoon with these oil-related trades.
Jim discusses his view of today's selloff, what he is most pessimistic about, and what keeps him optimistic about the market.
Viacom is a turnaround story that no one seems to be talking about.
Jim provides his market outlook, shares his view on the financials and the aerospace/defense industry and explains some of our selling disciplines.
The most recent short interest data has been released for the 09/28/2018 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Now that analysts are capitulating in a 'catch-up move' and WRK is yielding roughly 3.80%, we are ready to do some buying.
Days like Monday present opportunities for well thought out strategies.
Straying from these names could land you in quicksand as the 4th quarter begins.
We are taking advantage of this JNJ opportunity below our cost basis to scale deeper into our position.
These are the stocks to watch as Iran production is called into question.
Meanwhile, the Fed will almost certainly raise short-term interest rates one quarter of a percentage point to a new range of between 2 and 2.25% on Wednesday.
U.S. equity markets pushed to record highs this week despite increased trade tensions.
This move upgrades our energy exposure and helps average down our cost basis.
Jim covers a variety of stocks today, including the club's newest position in JNJ.
The Trump administration has invited Chinese officials to a new round of trade negotiations later this month.
The company is printing money right now but if the results aren't enough to calm long-term demand and cyclicality concerns, then we ask ourselves, when will it?
Anadarko Petroleum Corp is trading lower due to greater attention to the upcoming Colorado ballot initiative.
Today's strength in XEC is the type of move we have patiently waited for to cut back on the position.
The tariff news may make things noisy in the short-term, but the company's ecosystem of products is second to none.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Cimarex Energy Co has taken over the #100 spot from ABIOMED, Inc. , according to ETF Channel.
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