|Day Low/High||202.30 / 206.46|
|52 Wk Low/High||160.08 / 260.63|
The security tech firm just reported a major billings decline, issued weak guidance and announced its CEO has resigned. Wall Street has its reasons for giving the company a relatively low valuation.
Samsung's latest flagship phones contain meaningful hardware improvements, and reviews have been pretty good. They're unlikely to be smash hits, but demand could be better than feared.
A slew of stories Wednesday had the potential to move the stock market -- but didn't.
We have our reason for Wednesday's move, but I'm not sure it will hold.
What is most impressive about PANW is the revenue growth.
Traders and investors are reacting to the solid second quarter report last night.
The algos are pushing to the negative late in the day -- keep an eye out for signals of a trend change.
And stay away from under-capitalized, over-indebted shale producers that face pressure to limit capital expenditures.
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.
There's going to be a storm of deals and the market will not be able to handle it without taking the whole table lower.
Proofpoint and Symantec's earnings reports just gave a fresh lift to a security tech space that continues seeing healthy growth. Here are a couple of relatively low-risk options for playing it.
The ETF has been in a strong uptrend over the past month with the past week acting as consolidation from the most recent push higher.
Let's look at the charts and indicators for targets and an appropriate stop level.
Let's first check the charts and indicators.
Use it to your advantage or don't use it at all.
There are some solid individual names in tech, but traders must be selective.
The momentum of acquisitions isn't stalling. Here's what names might be in the mix.
Each of these names is showing technical bullish or bearish reversal patterns.
Don't make judgments yet or if you have, half positions please, no mote.
Who are, and what are football stocks?
Traders who are long PANW should consider taking some profits and raising sell stop protection to $197.
It is all about perception, and here are strong names to pick up on market weakness.
A simple acknowledgement that something's wrong, and it can't be ignored, is not too much to ask.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer's favorite cyber security stocks are Proofpoint, followed by Palo Alto Networks.
The crash of oil will only accelerate the move.