Investment broker: HON appears to be in a strong bearish trend. Shares are below a declining 200-day moving average and the MACD is beneath its signal line. Comparative Relative Strength analysis shows that this issue is lagging the S&P 500.
14 replies (most recent on top)
Buying all the Honeywell stock I can get my hands cheap. These prices are a steal. Apes unite together.
Will buy again at 90usd.
Good thing Honeywell is no longer a US company. The second Roman Empire with soon go down the same way the first one did : plague, followed by uncontrolled inflation, price freezes, a currency reboot/rebranding, and …
Not conspiracies just facts that are well documented long before COVID pushed the world over the edge.
Look up inflation and the Roman Empire.
Nothing new.. many examples followed. Debt inflation collapse … over and over.
Yes, it sure was great 2 two years ago when all we had to deal with were the occasional "mean tweets".
Way back then, gasoline was $2 a gallon, inflation was 1.4%, we were getting out of wars and no one dared start one with us or our allies.
Now, we have wars, threats of wars & unrest all over the world. Inflation is well over 8% (16% actual) and climbing, gasoline is still close to $4 with the strategic oil reserve at a 40-year low, spiking energy prices and food insecurity everywhere, even Europe.
Mortgage rates are at 6% (almost tripled). Markets are now at 2-year lows, national debt is approaching 31 TRILLION, and the Recession is only getting worse. With the Fed raising interest rates at a record pace, we will soon be paying even more to service the national debt @ $1 BILLION per day.
I sure do miss the good old days...
Everything is fine folks, everything is just all on fire, let’s just focus on making this quarter so the punishment begins afterwards
With the "denied" recession in full force, it will only get worse. Order cancellations are rolling in, and HON is scrambling to make the quarter. Two Aero VPs just announced their retirement rather than waiting another 6 months for their next bonus payout, on top of 4 or 5 others who retired or left in the past 2 to 4 months. That should tell you everything you need to know.
Should we buy the dip?
Did it hit the bottom yet?
How bout those S&P 500 index funds & bonds?
It's Cramer Time!!
Now's the time to sell everything you own and BUY! BUY! BUY!
Sell sell sell. Thank you DA!
Glad I withdrew my 401k back in Jan.
Going to load up my bags with Honeywell stock. This is going to the moon, we will all be wealthy
The entire Casino continues to tank, but hey, keep buying those S&P Index Funds and Bonds!! Never mind that inflation is still going up (16% actual), the Fed is predicting a 3rd quarter of negative growth, and that the $ will soon enough lose its reserve currency status. As always, many sheep find a twisted sense of "comfort" in going down with the ship knowing that many of their fellow coworkers will be as poor and gullible as they are...
......and Honeywell is fast running down the power of it's artificial inflation tools on current fundamentals. Rumblings of a very unpleasant surprise coming in 2023 could decimate the stock. Good luck :)
Look on the plus side, your bags get more full every 401k match! :)
Isn't that typical of most ESG oriented stocks? Honeywell's emphasis on ESG is preventing the proper growth that it is capable of. Black rock, Vanguard, and State Street funds hold approximately 20% of all outstanding shares. These three are major promoters of ESG and HON is beholden to them. Sad.