|Day Low/High||479.26 / 491.82|
|52 Wk Low/High||252.28 / 575.37|
Are equity markets oversold? Sorry to say, but I don't think so. Not yet.
Plus, the chart of Novocure Limited is a real attention-grabber while the chart of Apple bears watching.
The recent market leaders appear to be running out of steam, while stalwart stocks are grinding higher, with Verizon notable among them.
Also, several scheduled events this week, election risk, earnings to watch.
Giant money managers give sweeping views of investing in "the market" while the small investor is looking for great individual stocks.
* A river is generally easier to channel than to stop. * But these are not typical investment times. * Given the unusual nature, artificial/distorted conditions (fiscal and monetary policy) and outside influences -- SoftBank (I am short), David Port...
I think ZM will probably exceed expectations this evening. Tonight's guidance will draw even more focus than it has in the past.
If you want to look for a new buy entry in Neflix, here are a few pullback zones to watch; also, let's check the weekly and daily charts of GLD.
If financial markets any indication, a lot must be expected from Fed Chair Powell Thursday morning. Plus, two guys to never bet against.
I have reasons to look at an entry in here now, but with some very specific parameters.
The headline numbers don't present the full story of what is going on with the equity markets.
The Real Money Post Industrial Average is up nearly 11% so far this quarter, beating all major indices, but valuations are looking stretched.
Both Apple and Tesla are chopping shares into pieces, which will let individual investors have a shot at buying them.
Plus, quick looks at Joe Biden's VP choice, the latest on the Covid-19 vaccine front and Tesla's stock split.
But that's exactly where we are right now, in this third day of the rotation, so here's your path to safety.
Investing isn't brain surgery: Keep a portfolio that's diversified with these qualities, and it will pay off on days like this.
This week I covered all of my individual shorts with the exception of Caterpillar and Apple (which I retained for the purpose of reminding myself how stupid I can be at times). Shorts that I will likely soon wish that I hadn't covered this week in...
While valuations are clearly very high for many tech names, investor euphoria might not go away until news flow meaningfully worsens.
Plus, Disney will report earnings after Tuesday's close amid big challenges and Chicago Fed President Charles Evans' blunt economic assessment.
Liquidity, FOMO and a short squeeze are driving market action.
On July 8th I wrote about the prospects for the upcoming earnings season where I expected some beats from companies that were aided by the "stay at home" factor but that the best would likely be behind some of these companies: Next week earnings se...
Plus, it could be quite a while before the labor market can absorb all those people who are out of jobs.
Pundits say this will end badly, but it's actually a driving force for the constant and unrelenting buying of dips.
And there is a particular Brazilian ETF that is worth exploring if you want to take advantage of rising commodity prices and the falling U.S. dollar.
We're tracking potential buy setups in Lululemon Athletica, Microsoft and Netflx.
I'm doing some dip buying amid weakness in large-cap tech stocks.