DAL is selling off as anticipated. $40 now. Let it come to you, a limit order around $36-$37 and you might get lucky. No hurry, if it stays below $40 today, it'll probably drop some more next week. We'll see where the whales step in and buy all they can, ie the new level of support. It was a good report, it might just hold $40, but chasing it pre-market is risky. I think it'll drop some more. Either way, anywhere around here is a good buy for a 2 year plus time-frame. Airline stocks can be finicky, but DAL is solid for the long haul. They're doing everything right.
Interesting to note that W.W. Grainger hit an all-time high today. That says a lot about where Wall Street thinks we're heading. GWW--> $842
A.J. Gallagher has had a great run from $120 to $137 while the S&P is pretty much flat for the same period. Might want to sell the calls or take some profit. It might channel at this level for a bit. Earnings on 1/25 AJG--> $235.50
Did anyone bought Costco? Another stock I traded long time ago, but never bothered keeping. Trading at the ATH as of today. Gggrrrr!!!
Cramer post his 2024 themes today for his club members... You're 10 days behind on this call Jim. The pent up demand is off the charts. Edit: 20 days.
So IBM hit a 52 week high today. My hunch is the old-school stalwarts won't be far behind as the whales want tech, but safe and proven tech. The ones that have not enjoyed the Nov Dec rally. CSCO--- $50.26 ORCL--- $106.38
Might as well add Intel ....has to play catch up to AMD so figure it will rally to $125 plus by December
I'm not a member and don't know how they do it but this stock does NOT go down. Just up up up, been following it for years ....I have no clue how they continously drive month over month same stores higher and higher ... I have absolutely no need to shop in bulk but I guess those who spend over a $1000 a month do. To me I do not find cost savings in that structure. Maybe others have but I don't. I can find many ways to save money buying groceries and staples without big box stores like costco
Well, I've been a member since the late 80s. That should tell you why. Once you become a member, you just don't leave. Also their parking lots are almost always full when I go (and there are 3 Costco locations near me, all within 10 miles). BTW their stock hit ATH again today. Maybe I should ignore the chart and hop on the bandwagon.