|Day Low/High||58.97 / 59.81|
|52 Wk Low/High||43.63 / 69.29|
The ride-sharing leader believes its revenue growth continued to slow in Q1, and that its operating loss more than doubled annually.
The price action of individual stocks is the canary in the coal mine that will tell us when there are some problems developing.
Intel investors had a bad flashback on Friday.
I have been preaching that we need to stay focused on price action more than anything else. This week was a particularly good illustration of why.
* The market's relentless advance continued, with the customary rally from the morning lows. * Breadth improved throughout the day (1,966 advancers, 973 decliners). * Bonds fell in yield, with the 10-year U.S. note yielding 2.50%. * Oil collapsed --...
Intel's efforts in autonomous driving could rival higher profile peers.
It is easy to argue that this market should be rolling over but it is not and that means we stick with what is working which are long plays.
You just want to know if you should buy INTC on this dip? Understood.
Macro factors and demand deceleration are driving a deep decline in Intel shares.
There are still dip buyers jumping on intraday weakness and the indices are staying above key technical levels.
"Yesterday All my troubles seemed so far away Now it looks as though they're here to stay Oh, I believe in yesterday" - The Beatles, Yesterday I was active trading yesterday. I added to my Index shorts ( and ) and to a number of individual equity sh...
The rest of the automakers just don't get it -- the sharing economy is a revolution.
Intel is often a more important market leader than the FAANG names.
"Just one more thing." - Lt Columbo Small beat at Intel but very poor next quarter and full-year guidance (both sales and profits). I shorted Intel (on the report) and added further to my Micron and shorts. This stock was widely touted in the busine...
As we have seen so far, in terms of market reaction, there is great reward at the point of sale in beating expectations.
Days like this are reminders of how important short-selling can be to an up market.
The biggest negative in the market Wednesday was that the gap-up open was sold very aggressively.
This is the start of a bigger move for the stock.
Intel's smartphone market exit was inevitable.
There is a bloodbath of selling in medical-related names and severe pressure on cloud-related stocks that have been momentum favorites.
Qualcomm still has some aspects of the Apple settlement to clear up.
Qualcomm's deal with Apple has removed the smartphone ceiling for the stock.
However, soft guidance from Netflix and so-so earnings from IBM are keeping positive sentiment contained.
China reported positive data, bolstering markets. Netflix had a beat on earnings, but faces fierce competition ahead. CSX is a thing of beauty.