|Day Low/High||1,511.01 / 1,530.56|
|52 Wk Low/High||1,027.03 / 1,529.88|
During a talk with TheStreet, long-time Smartsheet CEO Mark Mader argued his firm's workflow automation platform still has a lot of headroom to displace manual business processes.
If you are looking for the pain in this exuberant market it is in the names classified as technology plays with market caps between $5 billion and $100 billion.
While its smartwatch business is struggling, Fitbit's fitness tracker and health services businesses are faring better.
Market breadth has reversed recent strength - at 2-1 negative. Former market leaders (e.g., Amazon Alphabet , and the banks) are struggling - and I wouldn't be surprised to see more near term weakness. If we see another day or two of this momentum...
EPYC processor revenue and unit sales jumping more than 50% have paced the way for AMD.
The maker of wearable fitness devices has seen its stock sprint higher on the buyout news after languishing this summer near multi-year lows.
While the markets mostly brushed off impeachment news, there was little movement Tuesday, as investors await more earnings and an interest-rate decision.
SHOP's earnings per share miss should be looked at in context of a report that's overall good -- but still bulls have a challenge of holding at $300.
iPhone sales and pricing trends, Chinese demand and wearables and services growth are among the things to watch as Apple reports.
This is one name that I would not write puts on even though the premiums are attractive.
Checking the charts and indicators after the company's latest earnings.
The challenge at this point is managing positions while overall technical conditions are positive but many stocks are extended and ripe for some profit-taking into major news events.
Accounting charges and aggressive hiring weighed on Alphabet's bottom line. But its top-line momentum remained strong.
The indexes stayed in a narrow range for most of Monday, without any major chasing as some big earnings reports are landing, such as Alphabet's.
The value of Microsoft's JEDI Win goes beyond its direct financial impact.
The stocks of many companies anticipated a more stringent series of tariffs and we didn't get them.
As Alphabet trades higher as investors expect a positive earnings report, the indicators show a bullish path for the the tech giant.
* The next 6-9 months could be challenging for Amazon and Google - with upside/downside generally in balance * After the 2020 election the two stocks could move much higher over the next few years After the cloud business loss (government contract) ...
The odds of a Fed December rate cut are now very low. I think the marketplace handles that just fine, as long as the statement with this week's expected cut does not sound too tough, or too cautious.
Continued speculative interest in individual stocks and small-caps kept a bid under the market most of the week.
Rest up for a busy week that includes earnings from Apple, Facebook and Starbucks.
Intel suggests the recent slowdown it's seen in demand from cloud clients is ending, and Amazon's latest capital spending numbers support this claim.
What's been most impressive lately has been the overall improvement in the charts.
* Though guidance was weaker than expected, Amazon is putting more distance between it and its competitors * I continue to expect a "hockey stick" improvement in profits and cash flow two years out * After slashing my position at much higher prices ...
Most important is that the Fed felt the need earlier this week to expand it's minimum offering for overnight repo operations, while also increasing the 14 day repos.
"Just one more thing." - Lt Columbo Amazon Disappoints: * I am shorting PowerShares QQQ Trust and more SPDR S&P 500 exchange-traded fund trust on the very weak guidance at Amazon . * My reduction in my AMZN and Alphabet holdings and elimination of F...
Tesla and Lam Research are soaring post-earnings, while Twitter is plunging. Here's a look at what's driving the moves.