|Day Low/High||133.37 / 136.39|
|52 Wk Low/High||72.50 / 164.46|
Friday brings about data for December retail sales and industrial production, and the start of the fourth quarter earnings season as big banks start to report.
There are other areas to trade as well, but know what you are trying to accomplish.
There are huge baskets of stocks being bought and sold in order to shift exposure out of growth and other stocks that are hurt by higher rates.
Defensive sectors took three of the bottom four places on Monday, a stark reversal from what was experienced across the marketplace the past week or two.
This week will be about the macro. With earnings season still almost two weeks off, December job creation and wage growth will take center stage.
Plus, we bid a not-so-sad adieu to the mania in 2021 in meme stocks, SPACs and NFTs.
It's not all doom-and-gloom for tech heading into the new year. Here are some predictions about what 2022 will bring for the sector.
There are numerous reasons why I selected DIS, and the day that nobody lives in fear of the pandemic any longer... everyone is going to Disney World. I mean everyone.
Over those past 15 years, the S&P 500 has posted an increase for the last week of the trading year 67% of the time.
This morning a company I have to admit I never heard of - Vuzix - inked an agreement with Verizon to leverage the latter's 5G network to bring augment reality to sports and gaming. Verizon made a big deal about a number of added features its 5G netw...
Monday night was a good night for MU shareholders as the firm reported Q1 results.
The semis survived a series of individual tests on Monday, which might be worthy of finding a spot in the back of that mind of yours.
I'd need a really cheap price to think about getting involved in Bitcoin at this time.
Positive news on Omicron is more powerful at the moment, at least for the markets, than the overhanging probability of tighter monetary policy.
I think I'm likely to remain 'skinny' for now, and prioritize trading over investment at least for the next 10 business days or so.
Plus, OPEC plans to open its oil spigot a bit in January and Jerome Powell receives taper support from a few Fed cohorts.
In a uncertain market such as the current one where little can be trusted, traders often are plagued by rejected breakouts.
In the wake of Monday's tech rout, here are a few things I like about the tech sector at this crazy moment in time, along with a few things that have me concerned.
I cannot imagine selling any more of this name regardless of how hot this move has been, with one exception.
Plus, the intersection of rising inflation and a slowing velocity of money give us reason for pause.
Stockholders must consider multiple angles in approaching a protracted period of chip shortages.
It was almost nice to be reminded that the saloon doors to the financial markets still swing both ways.
AMD now has a lot more resources to invest in areas such as chip packaging, software and specialized products.
Did anyone else see the semi-annual Financial Stability Report?
Tesla's CEO steals some of rival Rivian's IPO thunder by asking the Twitter universe to decide if he should sell 10% of his Tesla shares.