|Day Low/High||89.71 / 99.47|
|52 Wk Low/High||75.12 / 490.76|
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.
Plus, we take a look at the movement in the S&P 500 Index to see where it may be heading.
Plus, the equity markets suddenly are trading quite listlessly and Applied Materials surprises.
While many tech companies topped their Q2 sales and earnings estimates, some made it clear that they're not out of the woods yet.
Focus on price action but increase vigilance. Be ready to react if fundamental issues start to hit the market in a more systematic way.
Check out the Dow Transports and the Dow Industrials.
Roku reported 42% revenue growth and 65% streaming hours growth. But it did caution that the broader TV ad spending environment remains soft.
The great ROKU (last) quarter metrics -- a clear pulled forward -- followed by the broad advertising warning (and reversal in share price from a sizeable gap to a loss in the after hours) were precisely the concerns I have for many "stay at home" st...
It is going to take successful vaccines and therapies and much lower unemployment to revive most of Walt Disney Co.'s businesses.
CNBC reports NBCUniversal's Peacock may not reach a licensing deal with Roku and Amazon ahead of the July 15 national launch.
Roku looks ready to make an upside move over the highs of April and May.
The charts show possible buy setups in the GDF Gold Miners ETF and Roku, and it may be time to ratchet up stops in Twitter.
Though possessing a good content library, HBO Max's pricing and device support work against it, as do a couple other things.
A long list of tech companies have taken advantage of favorable credit and/or equity markets in recent weeks.
Roku reports seeing major viewing growth for ad-supported news and entertainment content, and PayPal suggests its remittance business is hitting an inflection point.