|Day Low/High||96,58 / 105,74|
|52 Wk Low/High||36,75 / 99,23|
Senior indices and many big-caps are technically extended and prone to 'sell the news' reactions.
I'm grateful for those who say that they like to short everything I like because crow is a dish best tasted cold, and are they ever eating a ton of it.
Hold longs from our prior recommendation and here are our new price targets.
Just check out the gains made for some of these metrics.
What if Beijing plays the power game with foreign firms reliant upon Chinese revenue, Chinese labor, or simply Chinese economic growth?
The stock market's rise might have ended after the cliff, not before it.
Is an incredibly big earnings night the opportunity for a needed washout?
Why we ever allowed Chinese businesses to raise capital, our capital, on our shores, is beyond me.
Here's where traders who are long should consider raising sell stops.
Let's check on the charts and indicators.
Small-caps and mid-caps are still picking first downs on every play, storming back from a badly oversold condition that has just about normalized.
Peak says sell now or forever hold your peace because you can only go down from here.
Those rattles you hear on the COVID, Fed and political fronts are reasons to tread carefully in the markets.
It's the type of transition the Biden team probably would put its antitrust lawyers on to squelch, again leaving Intel with no quick fix.
This fabulous group is a ball of confusion until you look where they come from.
Plus, quick looks at Tesla's car deliveries, Amazon's CEO change and Didi Global's post-IPO downdraft.
I've been hot for the semis for a good while now because of the widely covered shortages that are creating significant pricing power.
It was only frustrating for those who invested in the indices.
At the moment it looks like AMD has the power to breakout over its December/January highs.
The greenback has maintained a higher level of relative strength versus its peer reserve currencies than I would have thought.
The shares have been soaring since the middle of May.
Advanced Micro Devices and Nvidia score solid gains on Thursday as the tech sector enjoys a nice day.
Pull up a chair and let me tell you what drives these insane moves out of industrials and banks in a way that you can understand them and even profit from them.
AMD has already seen a strong bounce from those recent lows in May, and we've seen a period of consolidation on the daily chart that is setting up with strength.
Plus, the Senate passes a big, fat bill to promote the nation's ability to compete on the technology innovation front.
Seasonally adjusted data, always suspect, has never meant less than now, when there really is no historical comparison -- to anything