During last Friday's Mad Money program Jim Cramer told viewers what stocks he was paying attention to this week. On Wednesday we will get the latest housing starts number and earnings from homebuilder Lennar Corp. (LEN) , which should outline how commodity prices are faring, Cramer noted.
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When we combine the poorly placed HOOD IPO with the startling miss and guidance markdown in Amazon, the stage seems to be set for a correction.
Good money management is such a powerful tool that traders should be able to make money even when stock selection is entirely random.
The Russell 2000 climbed this week as the big-cap tech names reported and Robinhood's initial public offering disappointed. Now will we see a deeper correction?
I don't wholeheartedly agree the offering price is where the market has said it will buy the stock.