|Day Low/High||51.91 / 54.46|
|52 Wk Low/High||33.36 / 55.70|
If it doesn't end soon, the frenzy for select tech names could last until vaccines drive changes in consumer spending, or until inflation begins picking up.
The sooner that we get jabbed the more likely the economy can spring back to life.
There is little to no fear in the air, relative to what we as investors, and we as a people, have been through.
Most important come Inauguration Day is the seamless transition of leadership over 'Operation Warp Speed'.
The Divine Ms M and I Agree -- traders and investors should stop trying to make fetch happen.
Plus, what really is going to be the shape of this recovery?
Sure, stocks need to rest, but here's why I'm watching this ETF for the industrials. Also, let's look at the dollar and construction.
The level of new highs is a clear indication that market players are still working hard to put money to work and are willing to chase strength to do so.
The market appears to be trading off on news that Pfizer expects to ship half of the Covid-19 vaccines it originally planned for this year, because of supply-chain problems. But the pharma company still expects to roll out more than a billion doses ...
The great news about the pent-up demand rally? While these stocks have been creeping up they are now going to explode higher.
The RMPIA also tops other indexes for year, shooting ahead 29%.
Also, Salesforce posts successful quarter and announces Slack acquisition to effectively take on Microsoft.
I think I'll just forget to put a new price target on this name for a while. All of my prior sales were mistakes.
There are a number of pros for being long either UPS or FDX.
The battle to gain control over Covid-19 is entering a crucial stage and calls for continued determination.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
Equity markets have run wild since Oct. 30, and it is the more economically sensitive indices that have really taken flight.
I will come back to these names over and over again as we are now in the sweet spot for many.
A lot has happened over the past couple weeks, but little has changed. Let's dig in.
None of these questions have been answered which is why I see chaos ahead as we can't even imagine this process working.
Basically, I think we laid out enough reasons for financial markets to revolt, yet they did not.
The stock market has gone essentially nowhere since the news from Pfizer about a vaccine; expect more overbought and high complacency.
A look at the charts of Advanced Micro Devices and Tesla, plus a review of the 'broadening' market action from Thursday.
Technical analysis has become so much more accurate a trading tool than it ever was before.
With coronavirus vaccines on the horizon and a potential 'Green Deal,' I'm brightening up to a trade idea in SPWR.
The plan is to take off what was a successful trade and reduce the risk, leaving an investment in place somewhat composed of 'house money'.
When Nvidia reports after the bell Wednesday, I'll be focused on three key things.
Each day you hear analysts talk about headwinds and tailwinds until your head spins -- so let's try to put together a forecast.
Sector rotation has been so harsh that it has masked the real fundamentals. There's nothing to say that both sectors and stocks cannot be up.