|Day Low/High||313.09 / 318.71|
|52 Wk Low/High||170.27 / 327.85|
Compared with prior Singles Day events, Alibaba got a bigger sales lift this year from 'lower-tier' Chinese cities, and saw stronger promotional activity from big brands.
Back to see a nice recovery in the Indices (surprise, surprise!) led by Apple and Boeing .
The Chinese e-commerce giant crushes even Amazon Prime Day, but it still needs some political wins to get where it wants to go; here's how to play the stock now.
At some point the market's inconsistency will resolve itself either way.
Caterpillar is a prime example.
While U.S. and Chinese firms are trying to fully disengage with each other, many are trying to guarantee that they have options should economic tensions worsen.
Quite a few loud bears are predicting downside but that seems to work as a contrary indicator.
For a market that is this close to all-time highs there's a remarkably poor ratio of new highs to new lows.
Let's see if the charts are overbought or if there is still room to run.
Market leadership outside Apple, big banks, and now, Disney, is nearly nonexistent.
But the indexes are still in good shape, as the main problem lately has been in individual stocks.
With near-term expectations high, a disappointing Q4 sales outlook is overshadowing Roku's strong account and usage growth figures.
But despite earnings beat, guidance was a bit soft for the tech company.
If an investor were dead set committed to purchasing these shares, my inclination would be to wait for the noted type of selloff.
The mobile chip and patent-licensing giant delivered better-than-feared results and guidance, and talked up 5G's expected impact on its chip business next year.
As for pressure on the Chinese side, I think a September 17.8% decline in exports to the U.S. compounded on top of a 22% decline in August speaks for itself.
While this action isn't offering much in the way of opportunities, it is healthy.
OPEC forecasts declining demand for OPEC oil, not a decline in global demand. That distinction is key.
Softbank's founder Masayoshi Son had established a reputation for perceptive decision-making on tech investments. Has the firm lost its way?
Many charts have developed nicely in recent weeks, but now they need to reboot and develop new entry points.
The RMPIA's 3.8% jump even beat the Nasdaq Composite Index's 3.7% October climb.
As the indexes touch all-time highs, remember the challenges thrown at us lately are typical of what bull markets thrive on.
But the question is what the Chinese are going to do to show they mean business ahead of the talks.
Though major chip suppliers shared both good and bad news in October, on the whole the positives outweighed the negatives.
If you are looking for the pain in this exuberant market it is in the names classified as technology plays with market caps between $5 billion and $100 billion.
While its smartwatch business is struggling, Fitbit's fitness tracker and health services businesses are faring better.
The market is throwing a Halloween sale right now that it doesn't need to throw, and that's an opportunity.
Strength in the two tech giants helped to offset poor action in hundreds, if not thousands, of stocks, as small caps lagged and breadth ran negative.
Given the growth of its wearables and services businesses, Apple bundles that combine iPhone upgrades, wearables upgrades and multiple services could be well-received.