|Day Low/High||262.10 / 269.68|
|52 Wk Low/High||204.95 / 313.11|
The growth investment community is abuzz with the idea that the great growth story of the era -- software-as-a-service -- is at an end.
Money fled high-growth, high-multiple stocks on Wednesday and chased a mix of both defense and value.
There are plenty of senior growth companies that can still move higher.
With Microsoft, I'm most interested in the advancement of Microsoft Teams, a dominant force in the workplace communication space.
Even at these levels, those long the shares for more than a few months still have profits to protect.
The cloud stock's results weren't great, but were nothing close to the FedEx disaster.
The company's fiscal third-quarter earnings and revenue beat analysts' forecasts, but guidance for the fourth quarter was below expectations.
Both companies are struggling to understand what this competitive e-commerce environment means for future guidance.
Similar to the charts of TWLO and ADBE, ServiceNow looks like it can weaken further, so wait on making new commitments.
The charts and indicators of ADBE are tilted to the downside.
Let's examine the hard-hit cloud stocks from a technical point of view.
The U.S. economy may see a real lift-off in consumer prices due to higher energy prices, even if certain sectors stand to benefit greatly -- as might the trade deficit.
That the market didn't plummet following the strikes on Saudi oil facilities shows big differences in our economy and reliance on foreign oil compared with just a decade ago.
Trading volume in the cloud analytics company's shares has increased on their recent decline, suggesting that sellers are anxious to reduce positions.
The software giant's partnerships with the likes of Samsung, Walmart, Adobe and Verizon share a common thread.
Investments by major enterprise software firms in AI/machine learning features are growing considerably. Chip developers and cloud service providers that make a lot of these investments possibly stand to benefit.
These stocks and sectors are safe havens, and may even be opportunities.
Facebook, Google and Amazon all reported good numbers for their online ad businesses, as did Twitter and Snap.
From Adobe to Zendesk, plenty of stocks will rise or fall regardless of what the central bank does.
Kimberly-Clark's performance is nothing to sneeze at, and neither is Coca-Cola's, as higher sales, higher prices and big demand from emerging markets appear to give us a return to the good old days of great senior growth stocks.
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.
Tech giant's earnings prove it's a reigning power in the cloud, but now may not be the time to chase the stock.
Thanks to strong secular growth trends and perhaps also share gains against major rivals, Adobe and Salesforce are both reporting very strong growth for their marketing software segments.
Adobe bulls may want to keep their excitement in check for the next two to three weeks, as over the past nine out of 10 reports, the stock has moved between 1% and 4% the day after reporting.
Despite some soft guidance, Adobe's earnings are strong and those who have been long on are sitting on nice profits -- here're some tips for newcomers on taking a bullish position.
What the latest charts and indicators are telling us after Wednesday night's earnings.
Adobe's leadership position in cloud is clearing the way for share growth and pushing its shares higher despite more conservative guidance from management.
Adobe and its peers are making it so even tiny retailers can offer an engaging digital experience -- and compete with the big guys.