|Day Low/High||237.32 / 240.99|
|52 Wk Low/High||142.00 / 238.13|
Stocks trended steadily higher as the focus remained on stock picking and earnings, rather than big picture worries like China, the economy, politics and the Fed.
It's all because some stocks are more powerful than others and the aberrations are to the downside. Not the upside.
The momentum in the broader market is not that strong and the rotational issue continues.
Ignore the macro arguments that are having no impact and focus on price action in individual stocks.
Many tech stocks sporting high valuations have been selling off in recent weeks, even as the rest of the sector generally holds up well.
How many companies would follow the NBA's principled examples on Hong Kong free expression vs. China profits?
The chip manufacturing giant issued strong Q4 sales guidance, offered upbeat remarks about 2020 5G phone demand and hiked its capital spending budget.
Despite the stock's sharp move higher after reporting earnings, the technical trend remains lower for the streaming behemoth.
These stocks's earnings were 'not as bad as feared,' and here are some more names that pushed the NABAF narrative.
Apple is reportedly prepping a 4.7-inch iPhone that will have a $399 starting price. Such a move could help it land more first-time iPhone users to whom it can cross-sell services and wearables.
As we get ready for the earnings season, one of the things gnawing at the back of my brain is the subject of privacy. It doesn't take a barrage of Apple ads talking about privacy or the number of articles about how its latest Mac OS Catalina offers ...
After the action last week what is needed is some narrow range action to create new support levels.
When the market is less index driven and more focused on earnings we should see better action.
Shares of Netflix saw Raymond James cut its price target to $415 from $450 in response to a lower subscriptions outlook and "noise" from competitor launches. While the shares are shrugging off that price target cut, likely due to Raymond James keepi...
When things are going well it is always difficult to see an inflection point.
There is buying across the board right now but the question to ponder is how much to chase into the trade announcement.
Let me give you the items I want to see before I bless buying anything in what has become a plain, out and out, treacherous market.
I think both the U.S. and China 'get' the importance of at least setting up further talks, while coming away with something immediately understood by the public as positive.
More than four-fifths of U.S. teens still report owning an iPhone, and more than a third now say that YouTube is the video service they watch the most.
If your goal is to ratchet up trade tension? There couldn't been a better moment, hence one of the worst moments for the stock market since the trade battle began.
Is there room for three names in the workplace communication sector?
Only because of the incessant brainwashing of individuals by an industry with a bias toward indexing do we have this attitude that stocks are one and the same. They are anything but.
Apple is a great example of how near-zero interest rates help to keep equities near their highs.
We're looking at Apple, Tower Semiconductor and the VanEck Vectors Semiconductor ETF.
Apple might be setting up for a new all-time high, and this is a forgone conclusion if the market makes another leg higher.
The market is largely held hostage to the news flow that emerges from these talks next week.
If anyone wonders why the movie box office is in a funk, consider the gaming market. This morning we were reminded that gaming (as in video games) is a large competitive draw with a swath of the population. That reminder comes from Activision Blizza...