|Day Low/High||194.33 / 201.50|
|52 Wk Low/High||64.88 / 290.23|
You never want to be caught in a counter trend rally.
What crushed the individual was a lack of diversification.
Here's why the institutional stewards of capital who are taking back control of the market are salivating over a dirty old iron company.
You need to respect that a market can be as vicious and nasty as it was joyous and oblivious toward the news that comes its way.
I think it's worth examining how we can spot a bottom the next time after the inevitable selloff.
I like the business and it's potential to at least hang on to some of the progress made during the pandemic.
Let's review the charts and indicators before Thursday's earnings.
The market's funk continued into the fourth week of March 2020, but by week's end a stellar TV performance by the Fed's Jay Powell would turn the tide.
If you look at the economy as between service and tech you find the old-guard being overrun.
Do not fear the housing sales boom -- this is good news and I'll tell you why.
Here's why the rally in DOCU is sustainable.
As we move through Georgia and see an end in sight to Covid, we need a gut check on what stocks are really going to go the distance.
The CRM software giant sports relatively low sales and billings multiples, and it stands to benefit in several ways from COVID's impact on enterprise tech adoption.
DocuSign, Lululemon Athletica, Splunk and Walmart are the diverse quartet of stocks that we're tracking.
These investors seem to buy with a gusto never before seen in my lifetime.
The quarter's results are fantastic, and the 'accelerating growth' is quite impressive to say the least.
At some point, there will be a fiscal support package passed -- but only when both sides think they can take the credit.
Also, Salesforce posts successful quarter and announces Slack acquisition to effectively take on Microsoft.
As long as the pandemic rages on, the stay-at-home thesis should stay strong.
Herds tend to be caught 'wrong footed' at turning points.
Plus, House Speaker Nancy Pelosi and Treasury Secretary Stephen Mnuchin agree to talk stimulus turkey.
The visible stories are almost all positive. The negative stories are almost all hidden at least when it comes to the stock market.