|Day Low/High||150.36 / 155.48|
|52 Wk Low/High||118.38 / 190.70|
The easy thing to do in this market is to start hunting for 'bargains' but there really is no reason to think that stocks have found a low.
With the faster news cycle and quicker speed of transactions, it makes sense that a market bottom might be reached quicker. But this looks more like a retest than a bottom.
With its latest moves, Microsoft is wagering that it can drive greater usage of apps such as Excel and Teams for non-business purposes.
Now the one thing you need to worry about with MSFT, as you have to do with all of the techies, is the GDP.
Things will be different after Covid-19 and one change will be in how people care about themselves.
CEO Satya Nadella has been ahead of the curve focusing on the cloud.
There's no need to own stocks as a group and no need to crowd into widely-owned individual names.
MSFT might dip briefly below $150 and that is probably a dip to buy.
Consider these stock model ideas: virus groups, work remotely, and fiscal.
Profiting from Zoom, adding to Verizon and watching Microsoft as we wait for data on employment and how the fiscal support bill will play out.
In fields ranging from food delivery to e-commerce to enterprise software, deep-pocketed tech firms look strategically advantaged right now.
St. Louis Fed Pres. James Bullard sees unemployment possibly hitting 30%, while GDP could ultimately contract 50%.
*Liking action in some stocks I always look for green stocks in a sea of red. Possible trading rentals (and stocks that are positive on the day) include: , , , , , .
I haven't seen anything in the past three weeks that I haven't seen before, but I just can't model this reaction to Covid-19, so I can't call a bottom.
Apple and these other big names must break the December 2018 lows to reach an investable level again.
Price support and Fibonacci timing cycles suggest a gold bounce is due in the next time window.
The spread of the Covid-19 virus must be slowed dramatically before the entire nation is in a state of isolation.
In spite of the market's epic plunge, a lot of well-known tech names are still comfortably above their 52-week lows.
It's no illusion, you need a little patience and pushing to be that one in a million investor.
While competition from cloud giants remains a headwind for Cloudera, it still has room to differentiate.
You can use these wild market swings to your advantage by identifying 'safe' companies you want to own and then buying their stocks in stages.
In the 2nd of a 3-part series, Jim Cramer goes through all 30 Dow stocks to evaluate what is safe to buy and what you should sell or avoid (like the plague).
It wouldn't be surprising to see the S&P 500 slide back to levels of late 2018 if not lower based on the current economic state of the world.
Individual investors can act far more quickly than the big boys in reallocating assets.
Amid a flood of corporate warnings over the coronavirus, all the major stock market indexes finished last month down 6.4% to 10.1%.
Alphabet's self-driving arm is getting funding from several high-profile investors. But no automakers are on the list.
Let's see, what does the guide to the entire universe have to say that could possibly help us in the face of a virulent virus? Two words.
Here are a number of things that I'm watching now.