|Day Low/High||623,00 / 629,93|
|52 Wk Low/High||255,13 / 536,88|
This company made headlines in 2019, and I'm betting on it as a great play -- in many senses of the word -- for this new year.
This is a market that thrives on certainty. We got it Friday.
Should this agreement come off the way it reads overnight, the warmer relationship between the U.S. and China should increase demand on both sides of the Pacific, resulting in an improved environment for growth.
Market players are relieved to finally have this uncertainty at least partially resolved, but will it bring new highs or trigger profit-taking by traders who have been anticipating the news.
The Fed doesn't know what will happen, and they most certainly don't know what they will do in response when the worm does indeed turn.
Judging corporate performance into the fourth quarter, sectors to watch and charting these 2 stocks.
The purpose is not to shake you out, although it can feel like that; here's what's really going on.
Does it tick the President off that it appears the Chinese would rather not give up in writing any unfair advantages in global trade that they have enjoyed for decades this close to a national election in the U.S.? Of course.
Now, many Real Money Post Industrial Average stocks should see a boost from the holiday splurge by shoppers.
This year's estimated Thanksgiving weekend e-commerce growth rates aren't too different from last year's estimates. But there are some notable changes beneath the surface.
I do expect there to be some early to mid-December profit taking. But to get from here to year end without hitting some mid-month turbulence would be a pleasant surprise.
There is no 'tech' in tech.
Microsoft's Cloud business is making big wins, and how to interpret Larry Kudlow 's Phase One China trade comments.
Plus, we preview Wednesday's Trump-Erdogan meeting and check out AbbVie's huge debt offering as well as the new Abode-Microsoft connection.
We have a shortage of great manufacturing companies, but way too many of the fast-growing, cloud-based, hype-growth stocks.
OPEC forecasts declining demand for OPEC oil, not a decline in global demand. That distinction is key.
What's in focus for Adobe? Anything mentioned around net new Digital Media ARR (annualized recurring revenue)? Any mention here will likely impact the entire cloud.
The stocks of many companies anticipated a more stringent series of tariffs and we didn't get them.
Despite playing the industry and macro blame game on the conference call, TXN execs may have overstated the significance of those factors in the company's poor report and outlook.
Ignore the macro arguments that are having no impact and focus on price action in individual stocks.
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.