|Day Low/High||81.11 / 81.44|
|52 Wk Low/High||59.77 / 106.34|
In a market filled with charts without a clear stop, ORCL offers that.
Looks like we are going to open the last day of what has been a miserable week for the markets in the red, based on where futures are currently trading. Small-caps, once again, look like they will take the brunt of the early decline. Skyworks Soluti...
The market's moves are setting the stage for better technical action in many of the stocks that have been lagging -- now here's what I'm hoping for in the next few weeks.
Plus, a quick look at earnings report winners and losers from Thursday after the market closed.
I remain more comfortable trading than investing until there is at least one notably upward trading day on notably higher aggregate trading volume.
The short answer is yes, as the shares of cosmetics maker Estee Lauder have shown over the years when they've become overvalued.
I'm a little bit cautious on MDB, just look at the competition.
The indexes have been hiding poor action in growth stocks and better action in small-caps.
Here's why it's time to jettison any personal holdings that are clearly pricey and swap into names that are undervalued.
If you like ORCL, you don't have to hurry. It's not about to take off.
My trades? What am I doing? Maintaining not gargantuan, but elevated cash levels. Not going crazy.
As we head into the last hour of trading for the week, here are some of the items worth noting next week: Economic Data - Wednesday, September 8: Weekly MBA Mortgage Applications Index; Weekly EIA Crude Oil Inventories; Fed Beige Book; July Consum...
The evolution of the cloud is happening across the economy at light speed. So it must be with the military application of such high tech.
The main action is rotation into the FATMAAN names and a few other big-caps.
I think I just take a walk and whistle on by ORCL without getting involved.
For example, consider stocks that should benefit from our ever-increasing digital lifestyle.
The public seems to have resigned itself to dealing with a greater degree of inflation for longer than anything I would have considered to be 'transitory.' The again, the public is often as wrong as the Fed.
A key technical pattern indicates the stock of the software giant could trade sideways for a bit.
I find this action most likely to be less than sustainable, without provoking an algorithmic counter. In other words, don't just be nimble, but tread softly.
Should the Nasdaq create a new low for the week at any point from here... we will have to admit to being in correction.
Buyers of the information technology giant's shares have been more aggressive for several months now.
Microsoft owns a slew of assets that it could use to strengthen each business, and it could see strategic value in owning a popular consumer social media platform.
This is a highly desirable property that comes without a lot of headaches, but also a fitting price tag, and why Microsoft is watching.
On the back of several major market indices putting in fresh highs this week, we have a bunch of fresh Buy ratings (and a sell, too): Adobe initiated with a Buy at Goldman; target $580 Intuit resumed with a Neutral at Goldman; target $430 Meritage ...