|Day Low/High||116.22 / 117.49|
|52 Wk Low/High||53.15 / 137.98|
There was some significant rotational action Monday and we'll see if that continues as we move into earnings reports.
Let's look at the three main ways stocks can go up, and which of those we're seeing in action right now.
The world's greatest consumer electronics company. Ever. Why even question? Just hop on board.
What stocks do from here will, beyond electoral risk and potential stimulus, rely upon fourth quarter guidance.
Is the correction over or are we poised for another leg lower?
While breakups of the tech giants still look unlikely, the House's report does reveal a thing or two about the current political mood.
One day after deciding that we still could not confirm the market's uptrend, we are forced to ask the opposite.
The RMPIA rose 13.8% during the quarter, leaving it up just shy of 29% on a year-to-date basis, thanks to performance by CRM, AAPL , NKE and TMO.
The best place to start is to turn off the tube and the media, and get down to business reading the market.
There are three key reasons to think next year won't be a good as this year has been for the tech giants.
The short-term story for financial markets has been all about fiscal policy. This remains true.
According to findings from Sensor Tower, Apple's App Store revenue grew 31% year-on-year in 3Q 20, climbing to $19 billion from $14.5 billion in the year ago quarter. Apple will report its September quarter results on October 29. By comparison, Se...
Neither candidate seems to be the enemy of the market -- at least not yet.
The firm's own guidance is not overly optimistic.
There are several reasons to believe the Russell 2000 will experience catch-up trading action in the near future.
If equities hold up over the near term and over the next 100 days, Amazon's shares stand to be a strong beneficiary. The company's moat has deepened since the spread of Covid-19 and there are no other companies (save Walmart , which I am also long) ...
Plus, House Speaker Nancy Pelosi and Treasury Secretary Stephen Mnuchin agree to talk stimulus turkey.
Depending on how a couple of factors play out, growth rates in areas such as gaming and e-commerce could accelerate further.
* Last night I shorted Zoom at $497/share From last night: Sep 23, 2020 ' 06:53 PM EDT DOUG KASS Shorting It Out After Hours I am shorting Zoom (ZM) in the after hours. More on Thursday. Position: Short ZM The newest "shiny object" that the retai...
The result has been a technical breakdown in risk-asset pricing -- and the main culprit is without a doubt, the inability of Congress to compromise.
In the past, investors were often too quick to sell off fast-growing upstarts due to competitive fears. But at current valuations, risks seem to be completely ignored.
The greedy are, at last, getting blown out, and the prudent being vindicated. I see three buckets of stocks that intrigue me now.
I would probably rather play this name from the short side, but the risk must be contained.
Those traders who hoped to capitalize on market momentum with call options have discovered this month that stocks don't always go up.
That's the period of minimum risk.
There is only one fact that truly needs to be understood. The virus is still in charge until it is not.
The big-cap technology names are still more extended than much of the rest of the market.
The deal drives home how strategically important gaming is to Microsoft right now. But there is one big unanswered question.