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Superstock Investor
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[Printable Version of This Page] Tuesday, October 16, 2018 8:07 AM EDT Morning Matters:Bonds Improved Week Over Week Bonds are still in trouble BUT they are improved from a week ago and yields have not broken out to new highs. For now, it appears the "Powell Pop" is done. However, we need to watch this closely as it drove stocks lower. More... Market Matters:Futures Positive This Morning U.S. futures: S&P +15 Dow Jones +146, NDX +57 and Russell 2000 +8.40 with fair values HIGHER hurting open. Asia and Europe bouncing as well. Updates continue to 8:30 a.m. EDT. More... Today's Superstock Investor Stock Scorecard:Harris Corporation (HRS) L3 (LLL) and Harris Corp (HRS) are merging in a merger of equals. Yesterday we looked at L3. Today we look at Harris Corp that was up by 11.87% in trading. The closing price on Monday was $173.25 which is way above the price target and upper bound. So there is major overpayment on the Harris side. Maybe the management of L3 should be a subscriber to our work. More... Articles That Matter:Demand For Gold Rises The demand for gold has finally risen as investors seek the yellow metal as a perceived safe haven with the current volatility. Does this make sense? Read on. More... |
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