|Day Low/High||124.66 / 126.00|
|52 Wk Low/High||90.56 / 158.75|
The market can't make up its mind about the danger of the coronavirus, but traders keep buying the weakness.
Valuations for many enterprise software firms remain rich. But like chip companies, their earnings reports generally haven't done much to spoil the fun.
People's United Financial is a 4.5%-yielding dividend aristocrat that's on a path to continued expansion.
While some fear a crash like the one after 1999's party, I couldn't leave this market if I tried.
While Red Hat's growth has accelerated since IBM bought the company, many of Big Blue's other key software and services businesses are still losing share.
This time it's different? This time it just might be. Enough to buy the shares?
The company reported Q4 earnings after Tuesday's close.
Try not to become too caught up in timing the indices and focus more on managing individual positions.
This is still a market that needs a good excuse for a correction -- even after getting one on headlines of a new mysterious virus spreading from China.
IBM reports its Q4 results after today's market close and is my 2020 pick for the year.
I think we know, just based on the behavior of this Federal Reserve, that all things being equal a more normalized balance sheet is preferable.
Coronavirus scare in Asia is causing pressure, but U.S. markets refuse to embrace negativity.
Almost 200 companies are slated to report quarterly results, including 43 S&P 500 constituents.
The most important thing to keep in mind is that the odds that the market reverses and goes straight down from here are very low.
I have been among the most wary of China and its ability to change. I remain that way. But the U.S. got more than I ever thought.
Capex trends, chip demand and IT spending commentary are among the things to watch as dozens of tech companies report this earnings season.
Also: People's Bank of China, the Fed, U.S./China trade deal, Brexit, USMCA.
RealMoney's Eric Jhonsa offers some predictions for what the tech world will witness in the new year.
Despite pundits saying stocks like Facebook, Amazon, Netflix or Alphabet are heading for trouble, the reality is they're nowhere close to turning into the next IBM or Cisco.
I think AMZN could provide a good very short-term trade from the long side... this week.
While companies such as HPE, Cisco and NetApp are signaling that macro headwinds are weighing on their hardware sales, major software and public cloud players are singing a very different tune.
There is no 'tech' in tech.
EPYC processor revenue and unit sales jumping more than 50% have paced the way for AMD.
The stocks of many companies anticipated a more stringent series of tariffs and we didn't get them.
The Defense Department's potential $10 billion award for their cloud computing contract is a never ending saga with Microsoft and Amazon as finalists.
The GPU giant has steadily grown its addressable market, in part by creating end-to-end solutions that pair its chips with complementary software.
Let's look at the Japanese candlestick chart of IBM.