|Day Low/High||281.05 / 285.83|
|52 Wk Low/High||147.63 / 285.03|
The endless rally needs fuel, and without it, you end up with what you got Tuesday, a soggy session that was hit from the cloud, Beyond Meat's chill, and big merger uncertainties.
Markets are still willing to pay top dollar for high-growth software names that meet or beat their high expectations. But they're proving remorseless to the growing list of firms to fall short.
You know where the firm has next to no revenue exposure? China.
Simply put, traders at the larger institutions were driven either by risk managers or simple fear out of FANG and information technology, and into anything else.
Also, the Department of Justice reportedly could be preparing an antitrust probe into Alphabet's Google unit.
You can't start a discussion about the issue, though, without going right to the most impacted stock on earth: Apple.
CRM is still suffering, but a number of other cloud stocks are still hot. Here is how to play it.
You all know that I love the software/cloud type names.
There has been some weakening of the bullish case in the past two weeks.
On day three, the sellers forget why they sold and the buyers remember why they like stocks.
The downbeat progression of talk is at odds with the market itself.
As usual, the stocks that bounce back first are the tech stocks with little Chinese exposure and the consumer packaged goods that just demonstrated good numbers.
I will very much approach the environment provided (China talks) from the view of the pragmatic. I will trade whatever is in front of me.
'Rookie buying' ahead of the print can get you in trouble.
Pull up a chair in Sarge's classroom.
As we have seen so far, in terms of market reaction, there is great reward at the point of sale in beating expectations.
Bitcoin, the most famous of all crypto-currencies, has enjoyed something of a rebound of late.
We have to hope they are given a better chance to tell their story than they were Wednesday.
With any China deal, there must be a clear and verifiable method of enforcing compliance.
Use the swoon to buy, but wait until the coast is clear and nothing happens and it is just a random rotation.
The best stocks to buy in this environment are the ones that have the greatest growth.
This recent oil price surge in price is not over, and not priced in. Here is how I am playing it.
This is hope, not fact -- don't pay more for the same old thing.
There are myriad ways to play what many consider a revolution in telecommunications.
After many years of trying to compete in China, Amazon is reportedly in talks to merge its Chinese operations with those of a bigger local player.
These firms offer complex hardware and software solutions that empower the modern-day corporation.
I think that we have to revert to fundamental tenets that can get us through this.