|Day Low/High||305.07 / 308.46|
|52 Wk Low/High||204.95 / 310.45|
Unimpressed Equity markets headed lower as the regular Friday trading session extended into it's second and third hours. The way down has been led, not by Adobe , not by Costco , but by Johnson & Johnson . I have been known to make limited attempts ...
Let's take a technical look at the shares and come up with a trading strategy.
With the growth drivers available for Adobe, the recent downturn in shares is only more enticing to many following the stock.
The pricey acquisitions of Marketo and Magento become an easy scapegoat for the stock's slide on Friday.
As Draghi pulls the rug out from under continued expansion of money supply, he will have to sound very dovish in doing so.
For many traders this new reality has clashed with their entrenched understanding of risk.
As far as fiscal policy... yeah, that's still unsustainable. No change there.
Salesforce could become the fastest enterprise software company in history to cross the $16 billion threshold.
Secular demand is sending software stocks like Salesforce cloud-bound.
Our index of 30 cutting-edge companies fell ... but not as much as the Nasdaq did.
This game is as much about sticking to one's designated set of disciplines as it is about having good ideas.
For those that missed legendary investor Leon Cooperman on CNBC just now, here's a quick summary of what he had to say: - He expects a broadening of market strength in a recovery (not led by technology). - Does not expect Fed tightening to be an iss...
The indices need to find support and we need some better pockets of strength.
Once again IBM reported a disappointing quarter with declines in its Cognitive Solutions and Technology Services & Cloud Platform - these declines compared to reports from others, like Adobe , do not inspire confidence in the company some used to ca...
If macro matters dominate again it is going to be rough going.
I am unimpressed by the latest earnings report. Despite good subscriber growth, fundamentals look weak.
This is what the market looks like when the Fed says nothing and the president isn't ranting about something.
This is a battleground stock that has made big moves in both directions on earnings in the past.
Adobe released new guidance for the rest of this year and 2019. With 20% growth in the cards, this name is a buy.
Will it be too painful to stick around while you wait for the Fed to change course?
These names are showing technical signs of either bullish or bearish reversal patterns.
At times of indiscriminate selling, it pays to be cerebral.
The cloud sector has suffered, but this is how to navigate this selloff.
Can we possibly have had a huge sell-off and then a rally to be in the black?
When rates get to where they have to go we are going to have a slowdown that will be regarded as stagflationary.
Straying from these names could land you in quicksand as the 4th quarter begins.
I'm sure you figured it wouldn't be long before we arrived at some tech speculation. My focus on 2019 is on cloud names as I don't foresee a lot of activity in the chip space. Rather than start with the traditional cloud, I'm leading us off with a F...