|Day Low/High||116.10 / 125.65|
|52 Wk Low/High||17.70 / 139.75|
I'd give some time to a SCCO trade and go out to December or January with a $50 call.
It might be like cold water in the face to think that earnings don't matter. But these stocks have detached themselves from all metrics.
Plus, we check in on Peloton and Datadog and the Nasdaq Composite Index.
As long as the pandemic rages on, the stay-at-home thesis should stay strong.
Fastly's big run-up in the weeks prior to its warning is a cautionary example of how many tech stock moves have had little to do with an informed analysis of a company's fundamentals.
Herds tend to be caught 'wrong footed' at turning points.
Some patterns reveal themselves easily, and you can spot them ahead of the computer programs. Here are examples of them, and how to act.
The market is reflecting a triumph of big business over small business, and here's what that means for individual stocks.
Just as we saw with pot stocks, if you play shares strictly because they're going up, you're likely to get burnt.
This is what's known as a positioning week, and starting Monday you're going to hear a ton of things.
This is not the right time for a long position on PTON.
Trying to grab a bargain while a stock is falling is fraught with risk; better to wait until a true bottom has formed before buying.
In the past, investors were often too quick to sell off fast-growing upstarts due to competitive fears. But at current valuations, risks seem to be completely ignored.
The pockets of strong movement are very narrow right now.
What We Need Now? Pure and simple. Follow through. Equity markets have to follow through.
I'm still optimistic about some good trading developing but today is not the day to push too hard.
I would probably rather play this name from the short side, but the risk must be contained.
As Covid-19 numbers rise in many states, it's time to get out of the restaurant stocks and look to Campbell Soup.
Here I'll show you why it's time to take profits on growth favorites that make no sense on fundamentals. I'll also show you where to put your money instead.
This is a great market for trading, so trade it.
Also, several scheduled events this week, election risk, earnings to watch.
Plus, federal legislators fiddle while the ranks of the unemployed continue to burn.
With new equipment -- and new price points -- Peloton is ready to bring in new customers. This is a stock that could still grow nicely once the impetus for that growth fades.
Plus, Kansas City Southern rejects a reported takeover overture.
A potentially attractive trade idea based on past observations on Citron long calls.
Here's snapshot of the corporate earnings reports to be had next week: Tuesday, September 8: Calavo Growers ; Coupa Software ; Lululemon Athletica ; Slack . Wednesday, September 9: American Eagle ; G-III Apparel ; HD Supply ; Navistar . Thursday, Se...
Apple paves the way as pessimists were expecting a reversal that isn't happening.
A bearish divergence is a 'heads up' that you need to pay closer attention.