|Day Low/High||275.67 / 278.92|
|52 Wk Low/High||169.95 / 319.32|
A market that is extended does not need a deep correction to return to a healthier state.
There isn't any big mystery about what is going on here.
Stocks are back at the top of their trading range, with a bullish tilt.
All of what happened this week has had quite the impact on Treasury prices, US dollar valuations, and commodity prices.
Avoid trying to predict what's going to happen and just follow the current action.
As usual, Mary Meeker's annual Internet Trends report packs plenty of useful info for tech investors. Here are some highlights.
The bulls are much better at this momentum thing than the bears.
The Russell 2000 ETF has hit a new high and China-related stocks are showing strength.
In a talk with TheStreet, IBM Cloud Platform CTO Jason McGee argues the company has some unique strengths in a very competitive cloud infrastructure market.
This market has issues but not all stocks are being impacted.
Buyers have had so much success buying weak opens that they hardly hesitate anymore.
Recent lackluster, trading-range action will be interpreted differently by the bulls and bears.
Though the IT giant beat estimates and hiked its earnings guidance, it did so with the help of several short-term factors. And its remarks about future growth are cautious.
It's not too hard to find chip stocks trading at low multiples right now. Here are three for which the risk-reward looks favorable.
The Chinese Internet giant topped revenue estimates and gave plenty of reasons to think it still has a lot of room to grow. Indirectly, that might be encouraging news for Facebook investors.
The networking giant's results should get a boost from good IT spending trends, software growth and a weak dollar. But telecom and cloud pressures could weigh.
China dominates mobile payments in emerging markets, but there's room for rivals. Here are the U.S. firms to watch.
* Berkshire is outgrowing its ability to find attractive and profitable acquisitions and investments. * Berkshire might have had little alternative but to buy Apple * Apple is a winner from the Berkshire purchases last quarter * But the Apple buy is...
While none of the FANGs offers a company-sponsored DRIP, the CIMBAs offer direct-purchase plans and a way to play technology.
The Chinese have something to lose here, and will not willingly surrender their position of superiority in trade.
If you thought last week was busy, hang onto your hats.
The chart of an ETF focused on the FANG stocks doesn't look very good.
Can BABA find buying or has the risk risen for a deeper correction? Let's check.
If you went to bed net long the stock market, there's a pretty good chance you're going to wake up deep in a hole.