|Day Low/High||14.36 / 15.32|
|52 Wk Low/High||15.34 / 113.76|
Positive news on Omicron is more powerful at the moment, at least for the markets, than the overhanging probability of tighter monetary policy.
It's possible we might be in for a bit of a run or short covering into Tuesday's earnings.
Checking out the price action today, I'm rolling with the third time's a charm.
Further declines could unfold in the weeks and months ahead.
The technical signals suggest that now is not the time to go long the shares of the online apparel shopping service.
Plus, we take quick looks at the charts of Apple and Tesla to discern what may lie ahead for those stocks.
Several of the online apparel retailer's technical signals are suggesting there is risk in its shares right now.
How does this all end? I don't know that it does end.
Direct-to-consumer is the name of the game as we realize we don't really need to go to the mall or store if we don't want to.
The shares continued to climb northward after their gap early last week.
Here's where I see a price target SFIX -- and the technical reference points for soaring upside price gap.
The bottom half of the sector performance tables Monday was littered with the debris of everything that works well if our economic recovery proceeds smoothly, which it no longer is.
Most important come Inauguration Day is the seamless transition of leadership over 'Operation Warp Speed'.
There is only one fact that truly needs to be understood. The virus is still in charge until it is not.
The technical signals for the stock of the online apparel service are not strong and indicate it may not be the time to go long.
This market is broken, and here's the good news and bad news about trading in it right now.
This is a name I think traders need to be in before sports actually get going if they want to catch the biggest portion of the short-term upside.
Feeling anxiety about actually stepping foot into stores once that becomes 'available' may be enough to spur a push into SFIX.
Here's how to play SFIX amid the Covid-19 pandemic and the stock's post-earnings free fall from earlier this month.
A period of accumulation (buying) is needed before I would warm up to the long side of SFIX.
The question begs... 'Do significantly lower oil prices provoke increased demand?' Anywhere?
Valuations look appealing for some U.S. Internet companies that have joined equity markets in selling off over the last week.
Talend and Stitch Fix are two stocks that look strong even without the help of earnings or an upgrade.
If I wanted to make a trade here, it would be playing the downside with a bearish put spread.
The charts and indicators of the online personalized apparel retailer look constructive enough to approach the stock from the long side.