|Day Low/High||74.04 / 77.84|
|52 Wk Low/High||15.05 / 76.80|
Plus, the rising possibility that the Senate may not remain in Republican control should give investors pause.
If a tech company can sell a narrative of runaway long-term growth, it's getting richly rewarded. But if the narrative starts getting questioned, things can turn ugly in a hurry.
Traders have to know not only if one of their holdings is reporting, but also if an influential name in the sector is reporting.
I don't think it's time to step in and be brave unless speculation is one's game.
So far we've seen rather healthy consolidation, but the negatives are gaining more traction Thursday morning.
Fastly's big run-up in the weeks prior to its warning is a cautionary example of how many tech stock moves have had little to do with an informed analysis of a company's fundamentals.
Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.
Now that our earlier price target has almost been reached, it's time for a new look.
A look at the charts of Cloudflare and CrowdStrike.
Cybersecurity is a powerful theme that will be further fueled by the growth of new technologies.
Roku reports seeing major viewing growth for ad-supported news and entertainment content, and PayPal suggests its remittance business is hitting an inflection point.
What stands out is the multiple bearish indicators and price action.
Now that the service economy is pretty much stopped in its tracks, here are promising areas, including technology as manufacturing, to consider.
NET is a company essential to the stay-at-home economy.
Now the one thing you need to worry about with MSFT, as you have to do with all of the techies, is the GDP.
The cloud services company went public in September, so there is not a lot of history to work with.
A dozen interesting names are reporting Thursday night. Let's see how things are setting up for each of them.
Cyber security stocks will be back in play today following the news that U.S. private equity group Thoma Bravo has agreed to buy Sophos (SOPH:LN) in a deal which values the British cyber security group at £3.1 billion including net debt. Ones to wat...
It's tough to get overly aggressive, but if the company should fall, say another 25%, it might be too hard for growth investors to pass up.