While investors have been anxious to find reasons to shrug off fears about the economic impact of coronavirus, there are certainly some individual cases where those risks can’t really be ignored. One in the Leisure & Recreation Services industry, which includes cruise line companies. News reports of cruise ships filled with passengers that have been […]
Read MoreAn eventful weekend promises to keep the market interesting this week. A series of drone strikes on Saturday knocked out about half of Saudi Arabia’s daily oil production. The culprit has yet to be definitely identified, although the Trump administration didn’t hesistate from pointing fingers at Iran. As of Sunday night, both Brent and West […]
Read MoreAt the beginning of May, I took a long look at Carnival Corp (CCL), the largest cruise operator in the world. At the time, the stock was up about 11% for the year, riding the broader market’s rally to that point to a short-term peak at about $55 that appeared to have the stock positioned […]
Read MoreSometimes it’s a good idea to take a forced break from the prevailing news of the day and turn your focus to other things. Ih the stock market right now, all anybody seems to want to talk about is the trade war and the latest chapter in an ongoing debate that doesn’t appear ready to […]
Read MoreAfter a few days of doing like the rest of the market and paying a lot of attention to tariff news and trade war rhetoric, it felt like today might be a good time to shift the focus – at least a little bit – away from some of those issues and look for something […]
Read MoreOne of the most basic principles of technical analysis is the identification of trends. Trends can last very short periods of time of just a few weeks at a time, or they can extend into several months or even into years. One of the most important elements of trend analysis is the simple fact that […]
Read MoreOne of the things about stocks in the Consumer Discretionary sector that is interesting is how widely disparate they are. The general perception of most stocks in the sector is that they are highly cyclical, sensitive to inflationary pressures that make them more risky when the economy is in trouble. One industry in the sector […]
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