|Day Low/High||401.25 / 410.13|
|52 Wk Low/High||277.82 / 415.96|
Plus, reading tea leaves in the recent action in Apple and Salesforce.com.
The administration will provide increased financial support to 5 pharmas working on Covid vaccines, and we must keep an eye on price action in this uncertain market.
Adjustments people and companies have made due to the pandemic are likely to outlast the virus in some measure, and those firms that don't adapt face trouble.
Time to review the charts and indicators.
Plus, the Saudis look to press their oil agenda while Europe prints some ugly economic data.
Analysts now expect an earnings recession to become reality after negative Q1 growth, and ahead of projected negative Q2 growth.
If we didn't know where the algorithms that now control the point of sale were lined up before Monday, we sure know now.
Not only are European and Asian equity markets trading in the hole, but so are domestic equity index futures.
Amazon's Chart? Wow! And, don't know if the timing is right just yet for Chinese names.
Not all semiconductor firms are valued equally. Here's how to play QCOM.
And in the heart of the order lies the semiconductor industry. Nothing happens without these guys.
There have always been investors who held an interest in non-national alternative currency.
The price chart of COO will probably need more basing before we can see sustained strength.
Chinese holidays provide a breather, as the markets focus on this morning's ECB council meeting.
For Thursday September 3, TheStreet awaits quarterly results from Campbell Soup (CPB), Medtronic (MDT) and VeriFone Systems (PAY).
There will be a data deluge before we ease toward Labor Day weekend.
I remain short. Retail is gapping down in reaction to disappointing earnings/guidance: Quicksilver (ZQK, -12.4%); Gap (GPS, -5.8%); Zumiez (ZUMZ, -5.1%); Finistar (FNSR, -5%); SeaChange (SEAC, -4.3%); Bebe (BEBE, -2.8%); and The Cooper Companies (CO...
The market could get whipsawed on several data points this week.