|Day Low/High||400.31 / 429.39|
|52 Wk Low/High||58.22 / 448.17|
I had thought markets were smitten with the idea of gridlock. Now, they seem laser focused on looser fiscal policy as a catalyst.
Unfortunately, I envision a very big fall coming to many of the names that have run triple-digits over the past month or so.
The buyers may be young, but I think callow youth may have the edge over their cynical elders.
If AT&T is serious about making HBO Max a top-tier streaming player, it needs to provide first-day access to Warner Bros. films permanently, rather than until the end of 2021.
The great news about the pent-up demand rally? While these stocks have been creeping up they are now going to explode higher.
This year has probably created long-term changes in the adoption curves for things such as e-commerce and gaming.
Pick up some or buy deep-in-the-money calls, but know that if they go down, you pounce.
Long-term, I find the name extremely interesting. Short-term, I find the stock extremely risky.
What the Nasdaq experienced Monday is known not just as an 'Outside Day,' but an 'Outside Reversal,' and these can be dangerous.
Two of these stocks look great, one is a push, and two are overvalued.
Maybe we will be better when Covid 2021 comes around. But sustainable? Ha. How about inevitable?
This week's earnings reports and calls brought positive disclosures about online video and payments trends, and more mixed disclosures about online travel.
Plus, the rising possibility that the Senate may not remain in Republican control should give investors pause.
The most important market takeaway right now is that both the Nasdaq Composite and S&P 500 have filled their respective gaps and retaken their 50-day simple moving averages.
ROKU is up about eight-fold from its late 2018 low around $30.
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.
Herds tend to be caught 'wrong footed' at turning points.
Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.
Activision Blizzard, Roku, Twitter, Uber Technologies and VanEck Vectors Gold Miners ETF set up as potential longs.
Though limited for now, Amazon's Luna cloud gaming service has some selling points.
There is only one fact that truly needs to be understood. The virus is still in charge until it is not.
As Covid-19 numbers rise in many states, it's time to get out of the restaurant stocks and look to Campbell Soup.
Stock picking isn't working nearly as well today and that is a warning sign we have to heed.