The news out of the mortgage markets and cruise line business offers nothing to laugh about.
My thoughts on the shares of DIS are this... Right here? I sit on my hands. Still, here's a trade idea.
With people shut out of gyms and many now working out at home due to the coronavirus, the trade is to short Planet Fitness and go long Peloton.
It is unclear non only when cruises will resume, but also how eager passengers and crews will be to return to its ships once service starts back up.
Traders and investors need to focus on stocks that bottom first and show promise for a recovery.
The maker of athletic apparel appears to offer more upside opportunity than downside risk based on its charts.
Traders should only go long on strength above $320.
'Take care of the pennies and the pounds will take care of themselves.'
Dine Brands Global and Royal Caribbean looked cheap a few days ago yet fell a lot more on Thursday, which makes timing an entry challenging.
The big picture for the recreational vehicle giant is a potential base pattern that is going to become bigger in the weeks ahead.
Fear is the name of the game here, not reality, and until it abates, all bets are off.
The selloff caused by coronavirus fears is creating dividend-paying bargains, but market volatility makes putting money to work a challenge.
Bottoms can prove frustrating to call, so investors would be better served by seeking out individual stocks selling at a discount to normal values.
I still do believe that the panic is overblown, but that does not mean that it won't continue.
The most likely near-term path for the market is down amid coronavirus fears, but be prepared to put money into stocks once the outbreak is contained.
Here's our latest strategy on the stock.
Let's check out the charts of KO
Watch whether AAPL declines less than the S&P 500 and if we can spot a bullish candle pattern.
The charts and indicators tell a bullish story.
Look for CL to see higher prices after some consolidative price action.
PEP could trade sideways for a few days to weeks but the major trend is up.
Shares of SIG are still not sparkling with investors.
The mattress maker's dismal IPO should discourage other money-losing unicorns from going public and should promote a more disciplined environment.
We may want to hang onto their products but the shares are another story.
Some short-term traders may be sellers of Apple based on its charts, but it is hard to make the technical case for a meaningful correction or pullback.
More is needed than recent positive fundamental news and a bullish price gap.
Company is set to report its latest quarterly results Tuesday.
The upside breakout on MDLZ should propel the stock much higher.
Traders and fast food junkies could go long MCD at current levels.
The casino operator's shares just received a boost from a deal in which the company is taking a large stake in Barstool Sports.