|Day Low/High||41.30 / 43.08|
|52 Wk Low/High||27.81 / 67.41|
I don't expect to see GOOGL pullback too much as it will be a 'go to' name for institutions that need to put big money to work fast.
I like small oil stocks, and I'm watching recent high-flying Chinese names like iQIYI.
Sentiment is very positive, regardless of what the indices may say.
I am looking to buy strong stocks on pullbacks in this sort of action.
We are seeing a focus on finding smaller names that may offer interesting valuations and stories.
There is no question that we are becoming extended and ripe for some profit taking.
We'll see if the bulls can keep it running as oil and the dollar fade.
Rev Shark is not convinced the market's action will be sustained.
It is sloppy and a bit ugly out there today but there are no signs yet of a major turn to the downside.
It wasn't just the FAANG names that came to life Tuesday in the stock market.
The big change in the stock market Tuesday is leadership, but a strong close is still needed.
Wall Street discounting talk of bombing Syria from president.
A fresh look at the charts is in order.
You have take advantage of the trading opportunities even if a downtrend may be emerging.
There's a worrisome scenario that could develop this afternoon.
Selective stock picking continues to be rewarded but the key word here is 'selective'.
The longer the stock market goes without a better bounce, the bigger the risk.
Big-cap Nasdaq names were the main source of strength Tuesday.
The stock of the e-commerce company appears to be in another period of consolidation.
There is nothing to indicate that this period of chaotic rotation has ended.
Here's what I'm trading today amid the 'flat with a positive tone' action.
Great traders will bide their time in this environment and then move big and fast when the conditions are right.