|Day Low/High||127.62 / 130.41|
|52 Wk Low/High||70.20 / 151.95|
Cybersecurity companies benefit from spread of ransomware attack; can they last?
Recent earnings reports from IBM, Intel and others suggest cloud infrastructure demand is still taking a heavy toll on IT hardware sales. That is, outside of one market.
Last week the small-caps outperformed the S&P 500 and Dow Industrials; this morning small-caps are the laggards.
The portfolio had several outperformers during the first week of the new president's term.
As we enter a new year, we'll be seeking growth in 2017 and beyond, much like we have with our existing positions.
Wearables, the iPhone 7, virtual reality, cybersecurity spending and Twitter each confounded expert predictions this year. What should investors take away from all this?
A weekly close below $30 could mean declines into the $25 area.
The markets are nervous again, but investors should look at fundamentals.
I know investors are hungry for security names, but I would hold off for now.
This is what's behind the fall of such magnitude that we are seeing.
Investor enthusiasm for many security tech stocks has died down since last year. While earnings season could bring more volatility, some contrarian plays arguably exist.
A cautious start for Wall Street this Wednesday ahead of the release of minutes from the last Fed meeting.
Smartphone maker Samsung has cut its profit forecast by 33%.
Fortinet reveals weakness in what has been a strong sector.
Credit and debt loads, in the U.S. and globally, are making headlines.
A put spread could pay off, but I'm hesitant ahead of Columbus Day.
Breadth is running very poor -- at more than 2 to 1 negative.
Without a close above $38, expect a slow decline back down to support at $30.
AAP added 300 shares to its position, with SBUX now representing 3.3% of the trust's holdings.
These stocks are displaying nice reversals after putting in a bottom.
The chart of FTNT has promise, but watch for a retest of the 50-day moving average before committing.
Often overlooked, Fortinet's fundamentals are among the strongest in the cybersecurity space.