|Day Low/High||60.31 / 62.54|
|52 Wk Low/High||60.25 / 120.00|
I would want to give this trade either a long time or look for a quick drop.
I think their sales are sustainable in part because we are scared to go to the supermarket but we know we have to because we can't go out much.
This is still a very difficult market for individual stock picking as the action is strongly correlated.
CHWY and PLAY may offer insights into the effects of the coronavirus crisis on their businesses.
Brace yourself. There is no telling how the algos will react to a shocking employment number.
It's still not a stock picker's market, but have a list of names ready to perform amid the coronavirus crisis.
Things will be different after Covid-19 and one change will be in how people care about themselves.
All three are names that can survive if the shelter-in-place order in various areas in the United States extends post-Easter, and they'll benefit beyond COVID-19.
If this group begins to outperform, then I'd use it as an indication of caution.
There's a pretty good chance that at some point, I will wish that I was longer.
Let's review the charts of this online retailer of pet supplies.
Assuming deliveries can still be made, then CHWY should see its pet business hold tight or even increase.
The fundamental story behind Chewy may be improving but the charts and indicators are not convinced.
The online pet food service looks poised to rise in months ahead.
I'll be looking harder for some January effect plays and one of the prime areas for that is the broken IPOs that are trading near lows.
Will President Trump's administration move ahead with plans to turn up the heat on China in such a way that U.S. consumers for the first time share some of that pain?
The chart on Chewy is one ugly mutt, there's no denying it, but the price action turned this week.
The U.S. economy may see a real lift-off in consumer prices due to higher energy prices, even if certain sectors stand to benefit greatly -- as might the trade deficit.
I'm more of the notion to play the run into earnings rather than through earnings.
Slack could shift sentiment with a strong earnings report on Wednesday.
Here's how to play the stock right now.
Coming up after the close, we have a decent number of earnings reports coming at us -- a bit smaller than this morning but there are still some key ones to pay attention to including Microsoft . Here's the full list: Bank OZK Bright Scholar Educatio...
And just why do we have a federal debt ceiling, anyway? An argument for doing away with it.
Let's review the performance of all three tranches released in December 2018.
AbbVie is dropping on Allergan deal announcement, momentum is weak outside certain pockets.
Gold continues to ramp higher and bitcoin is starting to act like it did back in December 2017.
Will Slack help set a new trend for IPO strategy among red-hot technology companies?
Comparisons between Chewy and dot.com flop Pets.com are fun for nostalgia, but that's where it ends.
Worries of slowing economic growth, trade wars and political problems not seen in today's trading.