|Day Low/High||3,647.25 / 3,712.08|
|52 Wk Low/High||2,871.00 / 3,773.08|
The shares have been in an uptrend the past 12 months.
Recent news about Travelzoo and Albireo Pharma offer reasons to think those shares could be heading higher.
This week will tax your brain. Your ability to focus on what really matters will be tested.
Traders and investors are trying to adjust and stay ahead of the curve.
Amazon is looking to hire someone to lead its digital currency and blockchain initiatives - here's part of the job posting: "You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurren...
Plus, what could be next out of the central banks and Congress and how it could affect Treasuries.
But remember I think it's all a snag and one that will be rectified in two ways.
While breadth has deteriorated, several large-cap Nasdaq stocks -- Microsoft , Facebook , Amazon , Apple and Alphabet -- have held up the broader market. All these stocks are extended in price with elevated RSIs. I am looking for a drawdown in the ...
Peak says sell now or forever hold your peace because you can only go down from here.
Let's look at reasons why these big names don't get as much love from the WallStreetBets gang -- and why I'm burning to talk about pot.
Here's how I would play NFLX -- without too much drama -- as it's set to report next week.
Several names I like are slow fading due to disinterest in small-caps.
Let's look at DIS and how it fits into the 'Content Is King' investing theme.
Let's take a look at Caterpillar and others for clues about what's happening in the industrials and also track the moves of new fave Amazon and Apple.
Plus, the chart of Tesla indicates it's time to be wary if you're in the stock at present.
China will require tech companies with more than 1 million users to submit to a formal review before seeking an international listing under new cyberspace rules.
The new Amazon CEO could choose to invest more in AWS and grocery delivery, and could also break with Jeff Bezos' historical aversion to stock buybacks.
I remain short bonds based on the view that current yields are too low and don't accurately reflect the likely trajectory in inflation and economic growth.
Any selling of these stocks based on short to medium term potential for antitrust litigation could probably be a trade if one is savvy enough.
* The current level of interest rates makes no sense and is the result of academics around the world running monetary policy (h/t Lee Cooperman) * I view the recent drop in yields as a near term opportunity to short bonds and to fade the upward pric...
The action in Treasuries is just one more reason to be cautious about equities at current trading levels.
Plus, China's central bank plans to cut its Reserve Ratio Requirement and Wells Fargo looks to exit a business line.
The disconnect between the indices and the action in a majority of stocks appears ready to continue.
This correlated selling helps the corrective process to play out faster.
Shares of the Chinese search engine giant already are underperforming and could feel added pressure based on the stock's technical signals.
Bond yields continue to fall as worries about slowing growth replace inflation fears.