|Day Low/High||115.30 / 120.21|
|52 Wk Low/High||85.30 / 138.97|
Let's check out the charts of PAYX, the nation's second largest payroll processor.
Is Delta dying down, or is this the calm before the storm up north?
Here's where we see the stock headed.
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.
The longer-term trend is positive so this anticipated decline could become a buying opportunity.
This note does not accurately represent how ticked off I feel about what's included and not included in the current stimulus bill.
Bearish divergences can sometimes foreshadow corrections or pullbacks.
A case could be made for a turn lower or for continued gains in shares of the payroll services provider, though Tuesday's action gives reason for pause.
Even more important than fiscal support moving forward would be the concept of Covid-19 very soon being effectively treatable for the public.
This is what's known as a positioning week, and starting Monday you're going to hear a ton of things.
A key chart of the payroll processing and human resources company is lacking in trend strength.
Markets are clearly different now. I did not grow up, nor was I trained for this environment. Nobody else you hear today was either.
The small business payroll processor reports earnings this week.
Nothing seems to matter anymore except which stock to buy, a staggering conclusion with 11% unemployment and a raging epidemic.
Here's how to play the stock of the small business payroll processor.
I fully understand that there will at some point likely have to be a balancing of personal and economic risk. This economy can only be open for business if there is public confidence in 7 areas.
Buyers of the stock of the provider of payroll and HR services have been more aggressive in a quiet way since the middle of 2019.
We turn our attention, not in the least bit eagerly, but fully focused on what comes next.
This name is a prime candidate for dividend growth investors.
Punitive behavior doesn't help if you are fighting a slowdown, which, judging by some of the bigger indicators, we most certainly are.
Most of the payroll and HR company's charts are edging toward a fresh buy signal.
The nation's central bank forever perverted the concept of what we used to call the 'free market.'
There are enough signs of weakness to be cautious on PAYX right now.