|Day Low/High||89.71 / 99.47|
|52 Wk Low/High||75.12 / 490.76|
It is going to be difficult for a sustained move higher to develop as long as tension between Ukraine and Russia remain high.
In reading 's EPS release I feel that I rushed into covering and reshorted what I had covered. I am listening to the ROKU CEO on CNBC - he sounds like all is rosy. His stock has dropped from $491 to $128 and I suspect it trades under $75 in the full...
I covered half of my short at $135 - I will reshort any strength as it is going to be a dinosaur.
Right now, there are three boxes that traders and investors are trying to compartmentalize everything into.
Small-caps and stocks that are part of the ARK Innovation ETF fared better than the big growth names on Friday and are worth watching this week.
Late Friday I reestablished the following shorts into the market's strength: , , , , , and .
Too many market commentators pay scant attention to the charts, but a lot can be gained from studying the technical indicators.
Questions about the staying power of the present market turn are crucial for portfolio positioning.
Pockets of froth still exist and a bottom might not be in yet, but it's hard to ignore how cheap some tech stocks are getting amid broad, sector-wide selloffs.
Here's my take on several 'innovation' funds -- and which one might be the best bet.
* I have little conviction in this afternoon's violent rally "Nothing like price to change sentiment." - The Divine Ms. M. I read the same people you follow on Twitter. I listen to the same people you watch on Fin TV. They are emboldened (and bu...
There's an expectation that ETF investors increase bullishness and inflows around peaks.
About the only thing investors could hang their hats on Monday on was the old stodgy utilities, as many former fan favorites were at new lows. Let's look at the charts.
The tech sector's tumble might have more in common with the events of 1987 than those of 2000/2001. If this proves the case, some buying opportunities are forming.
Uber Technologies and AdvisorShares Pure US Cannabis ETF are tempting as buys amid a landscape strewn with a lot of broken stocks.
In the wake of Monday's tech rout, here are a few things I like about the tech sector at this crazy moment in time, along with a few things that have me concerned.
The charts of Livent Corp., Plug Power and PubMatic are of interest for those looking for long plays.
Did anyone notice that there is little very discussion of Cathie Wood's portfolio moves these days? I remain short two of her largest positions - Tesla (she sold more Thursday) and Roku .
A few of the index movers were up, and that held up the major indexes much better than the rest of the market. Let's dig in to see what that means.
"Let's fall in love Why shouldn't we fall in love? Our hearts are made of it Let's take a chance Why be afraid of it? Let's close our eyes and make our own paradise Little we know of it, still we can try To make a go of it..." - Harold Arlen and Ted...
Something about VZIO's moves after earnings reminds me of the early days of Roku. Here's how I'd play the name.
There is a lingering apprehension that the moment has passed for many of these names.
Right now the trend on ROKU is down and further declines look likely.
Leading into this high profile Fed event, it would have been nice to have a firmer grip on just where fiscal policy was headed, but that was not to be.
Joyy , the object of my disaffection, is downgraded at Goldman Sachs as the price target is taken down to $57. Keybanc takes down price target of from $490 to $460. got a few price downgrades.
"Just one more thing." - Lt Columbo I am covering a small portion of my short now at $307.10.