|Day Low/High||63.06 / 66.72|
|52 Wk Low/High||54.35 / 75.23|
Many stocks with nosebleed valuations shot higher in response to Fed policy becoming more hawkish, while many quality cheaper names sold off.
We all face obstacles in life, but with optimism and persistence you can overcome anything.
When a speculative frenzy involving one set of companies ends, cheaper peers usually aren't unscathed in the ensuing selloff.
Though many quality tech companies still look expensive, there are some exceptions out there.
A planned infrastructure bill reportedly includes some funds for 5G and rural broadband spending, while another bill seeks to boost U.S. chip manufacturing capex.
Chip companies are still signaling that notebook and cloud server demand remain strong, but often have more cautious remarks to share about auto and industrial demand.
Roku reports seeing major viewing growth for ad-supported news and entertainment content, and PayPal suggests its remittance business is hitting an inflection point.
Telcos and cable companies appear to be stepping up their capital spending as COVID-19 lockdowns lead network traffic to spike.
Investor enthusiasm for richly-valued tech names might not significantly wane until some downbeat business news starts to arrive.
In a challenge to Broadcom and others, Cisco plans to sell a new switching/routing processor and license its routing software to other hardware makers.
During a talk with TheStreet, Cree CEO Gregg Lowe shared plenty of details about the growth opportunities in front of his firm's Wolfspeed power semiconductor and materials unit.
I hope that my story helps to provide some hope to those dealing with difficult circumstances.
I never imagined that going completely deaf and losing everything I owned would turn out to be the best things that ever happened to me.
The Fed's Janet Yellen called Bitcoin "highly speculative." Would Draghi agree?
Even when your situation seems hopeless, you can prosper and be happy with the right frame of mind.
"It's not a joke, it's a rope, Tuco. Now I want you to get up there and put your head in that noose." -- Blondie, "The Good, the Bad and the Ugly" Its been a long week, so there will be no "Takeaways." Let's move to the abbreviated Monarch Notes for...
The optical space is getting hit today -- Oclaro , Finisar and II-VI , for example -- but I can't find a catalyst to the weakness. I'm trying to find out. Also, I've moved to large ProShares UltraShort S&P 500 ETF long now at $13.40.
The biggest obstacles you face are part of the path to a better life.
Favorable readings on economic activity and housing should translate into stock gains.
The vast bulk of S&P 500 outlooks are undershooting consensus.
The auto recovery may be well versed, but the recovery is in early stages says Real Money Pro Contributor Chris Versace.
The trends point to more upside ahead, so consider buying these names on weakness.