Prev Close | 9.55 |
Open | 9.37 |
Day Low/High | 9.13 / 9.52 |
52 Wk Low/High | 9.03 / 23.29 |
Volume | 353.42K |
Prev Close | 9.55 |
Open | 9.37 |
Day Low/High | 9.13 / 9.52 |
52 Wk Low/High | 9.03 / 23.29 |
Volume | 353.42K |
Exchange | NASDAQ |
Shares Outstanding | 44.35B |
Market Cap | 414.20M |
P/E Ratio | 104.67 |
Div & Yield | N.A. (N.A) |
Cheaper software stocks have often sold off lately in tandem with more expensive peers. That arguably creates some opportunities.
Let' see when they will align to the upside.
Performance anxiety has relented.
We are back to the old pattern of squeezing shorts and frustrating underinvested longs.
With the way this market has rotated from good to bad each day, you can't be too aggressive.
Themes such as precious metals are the best place for trading but even then, it can shift fast.
Shares of Mitek Systems are up big year-to-date and this week the mobile deposit solutions provider announced that it processed its billionth check.
There are few good setups so far this morning.
The only strategy that this market seems to recognize is buying the dips.
Their best hope of relative performance is to buy on pullbacks rather than to chase strength.
But keep stops tight, as small-cap bids can disappear quickly in this dull market.
The much-anticipated corrective action is here, but it is mild and underlying support remains.
I'm checking out EYES, MITK, ORBC and gold in the early going.
It's hard to believe that central bankers have the same influence over markets.
Watch this latest V-shaped move, and don't be too quick to short.
We have much greater opportunity to buy dips in a trading range, and it helps charts develop.
Now is not the time to buy them, but they have the potential for big moves.
Bad market action is what allows good traders to produce superior results.
Nothing matters until the Fed news comes out Wednesday.
Buyers don't have much staying power.
But today's surge may be short-lived.
The bears are locked and loaded.
Many will argue that a December rate hike spells doom.
Look into picking up one of these stock baskets.
I'm keeping the focus on individual stock-picking, and the rare earth group is on my radar.
With the words 'quantitative easing' in the air, who knows how much higher the market can go.
The weak dollar is the biggest positive the market has going for it today.
Here are a few names that have solid foundations and are moving up on higher volume.