|Day Low/High||248.64 / 252.27|
|52 Wk Low/High||137.10 / 255.85|
TikTok could give Microsoft the kind of large-scale consumer mobile footprint it has wanted for years. And Microsoft in turn has some assets that TikTok could find useful.
Liquidity, FOMO and a short squeeze are driving market action.
On July 8th I wrote about the prospects for the upcoming earnings season where I expected some beats from companies that were aided by the "stay at home" factor but that the best would likely be behind some of these companies: Next week earnings se...
Among the companies that seem to be managing the challenges of 2020 quite well is Pluralsight Inc.
Are U.S. politicians really rocking to Lil Uzi Vert's Futsal Shuffle, and worried their efforts will fall into Chinese hands?
"The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's opt...
Plus, Russia could provide a real-time clinical trial of a coronavirus vaccine.
This market simply has no fear of staying with the big-cap tech names that have been leaders for so long.
I'm a buyer of Spartan Energy Acquisition, but with a patience level beyond Veruca Salt.
Plus, it could be quite a while before the labor market can absorb all those people who are out of jobs.
Following last night's blowout quarterly results from Apple , Amazon , Alphabet , and Facebook , U.S. futures suggest a positive open when trading begins later this morning. However, when we consider that shares of those technology companies are mov...
I suspect that we're more likely to see corrective action in the form of a rotation rather than broad selling in the indices.
This is a good example of the great difficulty of being an anticipatory bear in this market.
The big momentum winners of the past two days are seeing some nasty reversals.
Huge earnings news and economic reports will drive the indices while aggressive speculative trading continues in smaller stocks.
The Fed has done a lot, and is willing to do even more, but for now, is watching Congress. The fiscal side is where the next shoe falls.
More than anything else, the hearings shine a light on how tech giants are looking to defend themselves as antitrust probes continue.
Let me disabuse you of some of the biggest canards that people routinely spout involving the Fed and stocks.
Anyone playing the guessing game into earnings is rolling the dice.
* Optimism is the enemy of the rational buyer * Instead of a vaccine needed to help the economy, investors seem to think Fed policy is the innoculation from stock market losses * Speculators, Robinhood and David Portnoy are bit players and a market ...
The Fed will release its policy statement at 2 pm Eastern time Wednesday.
These House antitrust hearings are ridiculous given that the companies on the hot seats are about the best thing we have going for us.
In a 'normal' recession, these would be real losers -- but right now? They look like numero 'UNO'.
Precious metals reverse on a strong dollar, which should trigger some rotational action.
Negotiations on the next round of stimulus, more so than tension between Washington and Beijing, and more so than earnings season, will control short-term financial market performance.
The charts and indicators suggest that prices can move even higher from here.
Monetary policy, fiscal policy, and major earnings news are all on the docket.
Why aren't we figuring out how to cure the test bottleneck?
I'm doing some dip buying amid weakness in large-cap tech stocks.
FATMAANN names are leading to the downside, but small-caps and value are outperforming.