|Day Low/High||3.52 / 4.13|
|52 Wk Low/High||3.70 / 13.80|
I would like to put more cash to work but there isn't much that is meeting my requirements right now.
Diagnostic firms can have an advantage of recurring revenue streams.
Tyson Foods is in the headlines today after it appointed a new CEO.
After recent weakness in the biotech sector, here are some names to start watching.
Stocks might have been expected to sell off ahead of a three-day weekend and amid trade tensions between the U.S. and its largest trading partners, but they didn't.
There are several key points to keep in mind as you digest this news.
Apple in particular is helping the bullish cause.
HTG Molecular Diagnostics and Amyris are poised for substantial growth.
The biggest negative I see in the market right now is how poorly certain groups are acting.
Whether this market continues to bounce is going to depend a great degree on the FAANG names.
Watch for these upstart names to topple some big-caps going forward.
While support held on a tough day, those levels look precarious.
The longer the stock market goes without a better bounce, the bigger the risk.
We are in a middle ground right now without enough strong movement in either direction.
Look for this bounce to slow down quickly and some weakness this afternoon.
I think we'll probably see some shifting in the tariff policy over the weekend, giving the market some relief.
I'm focused on managing positions and am doing very little new buying at this point.
It is very easy to force trades in this sort of environment.
The good news is that there is some stock picking that is working well.
It's hard to believe the bounce will continue to run in V-shaped fashion.
It is a very different market environment now which can be very rewarding depending on your style.
If we have a little consolidating action here the buyers will start pushing again.
The big question right now is to what degree should you be looking to take positions in individual stocks you may like.
It is a good way to make more concentrated bets but to still have some level of diversification.
The best thing you can do right now is work on shopping lists of potential buys.
I don't want to spend too much time focusing on market timing as it is much more profitable to focus on stock picking.
What drives the trading action are structural issues, not macroeconomic news events or political drama.
Their arguments are great, but the price action just doesn't cooperate.