|Day Low/High||398.06 / 411.93|
|52 Wk Low/High||138.28 / 428.59|
Money movers are not buying protection for individual names, but they are starting to bet against the market en masse, while the Russell 2000 ran up 4% on Monday.
But don't throw up your arms yet -- here are names that could be golden opportunities.
The reason that the coronavirus hasn't mattered to the market is because the market keeps going up.
Newly confirmed cases of the Covid-19 virus spiked from Hubei Province in China, where the city of Wuhan is located. The number of related deaths increased as well.
Some of the best opportunities are in lesser-known niche markets such as medical devices and services.
Let's check the charts and indicators before answering the $64,000 question.
The maker of glucose monitoring equipment saw its shares shoot higher last week on a big earnings beat and the rise may not be over.
As for pressure on the Chinese side, I think a September 17.8% decline in exports to the U.S. compounded on top of a 22% decline in August speaks for itself.
OPEC forecasts declining demand for OPEC oil, not a decline in global demand. That distinction is key.
Let's check the charts and indicators on the glucose-monitoring company.
What would the people who help determine AAPL's stock price really want?
In this day and age, companies must be 'disruptors' or get left in the dust.
With more gains likely on the charts let's come up with a strategy to take advantage of this opportunity.
Jim Cramer explains why his Action Alerts Plus charitable portfolio is hanging on to Abbott Laboratories.
After a slump early last year, the smartwatch's sales have been rebounding. New features unveiled at Apple's WWDC conference could aid its momentum later this year.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said reports of Apple developing a diabetes testing product is not a reason to own the stock.
Old-line momentum favorites fare well.
These companies show signs of a change of direction.
The medical device company has been trading sideways for a long time and is likely to continue in the manner.
But several airline and retail stocks are proving highly volatile.
Results on conference picks are split as hedge fund industry contends with criticism.
David Einhorn, Jim Chanos presentations close out 2106's Sohn Investment Conference.
Shares of DexCom have bounced back 15% since hitting a 52-week low early last month, yet are still down 20% so far in 2016.