|Day Low/High||284.26 / 305.12|
|52 Wk Low/High||99.01 / 319.55|
Airline stocks led the rally last week and are still going strong, as market reopening continues and employment data is mixed.
Traders could go long or add to longs at current levels.
There are simply an immense number of health and technology and safety companies coupled with businesses that thrive when you have to stay home.
Company is scheduled to report its latest earnings after the close Monday.
The mattress maker's dismal IPO should discourage other money-losing unicorns from going public and should promote a more disciplined environment.
This is a market that thrives on certainty. We got it Friday.
Let's check out the charts of COUP and see which outcome looks most likely.
I do expect there to be some early to mid-December profit taking. But to get from here to year end without hitting some mid-month turbulence would be a pleasant surprise.
Broadening patterns are interesting and somewhat difficult to handicap.
The momentum in the broader market is not that strong and the rotational issue continues.
The growth investment community is abuzz with the idea that the great growth story of the era -- software-as-a-service -- is at an end.
Rather than focus on trying to catch stocks that are in freefall, look for those that are showing some positive relative strength.
The most notable characteristic of this market right now is disinterest.
A key indicator shows a shift of late from aggressive buying to aggressive selling in the cloud software name.
These three names - GD, MRK, WMT - will either hit resistance or hurdle immediate pivot points in as traders (or bots) try to form a technical breakout.
Stocks that rip higher in parabolic fashion are incredible until they are terrible.
The endless rally needs fuel, and without it, you end up with what you got Tuesday, a soggy session that was hit from the cloud, Beyond Meat's chill, and big merger uncertainties.
Markets are still willing to pay top dollar for high-growth software names that meet or beat their high expectations. But they're proving remorseless to the growing list of firms to fall short.
Also, the Department of Justice reportedly could be preparing an antitrust probe into Alphabet's Google unit.
Let's take a look at the charts and technical indicators.
After the Ethiopian Airlines crash, watch your Aerospace and Defense stocks.
I think that we have to revert to fundamental tenets that can get us through this.
You should not wait for much if any of a pullback to buy.
Clearly, the first half of the month shaped up better than the second half.
Here's why these companies do well in a choppy environment.
This should be a triple-top, in theory, but since they don't exist…