By Jon D. Markman On August 21, 202003:00 PM Eastern
Stocks were modestly higher Friday, with tech shares climbing to fresh record levels while data showing a surge in sales of existing homes helped quell worries about the lack of a fiscal stimulus...
By Sean Brodrick On August 21, 202012:00 PM Eastern
We’re in a weird time for the economy and for markets. It is encouraging that we’re seeing positive surprises in the macro data. And sure, there are definite signs of improvement in the global...
Today is August options expiration day, and I’m pleased to report that the contracts you targeted with your August Pfizer Inc. (NYSE: PFE, Rated “C”) put spread are set to expire without value....
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By Sean Brodrick On August 21, 202010:32 AM Eastern
Yesterday, the Dec. 18, 2020 Exxon-Mobil (XOM) call options with a strike price of $47.50 (XOM201218C00047500) slid down to our stop at $1.05.
If you own these calls, you should have been...
By Kelly Green On August 20, 202003:26 PM Eastern
Just as we pointed out last week with retailers, restaurants have a similar “adapt or die” feeling among them.
Americans love going to restaurants. It’s about the experience and the ambiance.
...
By Jon D. Markman On August 20, 202002:15 PM Eastern
Stocks are seesawing Thursday, with a rise in weekly jobless claims and slowing in regional manufacturing activity highlighting the Federal Reserve’s note of caution yesterday about continued...
By Jon D. Markman On August 20, 202011:06 AM Eastern
Investors now value Apple Inc. (Nasdaq: AAPL) at $2 trillion, but they may be overlooking a big problem: Political posturing at home could destroy its iPhone business in China.
Bloomberg...
By Jon D. Markman On August 20, 202006:28 AM Eastern
* * *
Note: Like last week, I might take Friday off. Don’t be alarmed if there is no letter that morning.
* * *
* Wednesday recap
* Space stocks presentation
* Alphabet should beat the...
By Mike Larson On August 19, 202003:08 PM Eastern
In just a couple of days, a batch of investments I recently targeted will probably be worth nothing. And I couldn’t be happier.
Wait ... WHAT? Have I lost my mind?
Not at all. And I’m not...
By Jon D. Markman On August 19, 202003:05 PM Eastern
Stocks are chopping around the unchanged line Wednesday as Apple (AAPL) shares hit a lofty market milestone and the S&P 500 briefly extended its reach into record territory before Wall Street...