|Day Low/High||1,156.53 / 1,202.34|
|52 Wk Low/High||305.30 / 1,285.19|
The market's funk continued into the fourth week of March 2020, but by week's end a stellar TV performance by the Fed's Jay Powell would turn the tide.
Yet the stock is lower on Wednesday and the reason behind the selloff is plain to see.
The acceptance by corporate America and the rest of corporate earth certainly makes knocking bitcoin off of its pedestal more difficult.
Skip the trip to the package store and check out the charts of SAM ahead of earnings.
Ahead of earnings, let's take a look at SHOP's charts.
If you look at the economy as between service and tech you find the old-guard being overrun.
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
* I am shorting ARKK in the pre- market above $140/share * Will Cathie Woods and holders of ARKK need an ark if my concerns regarding speculation are realized? * Sic transit gloria For those that are looking for a relatively conservative and divers...
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
As we move through Georgia and see an end in sight to Covid, we need a gut check on what stocks are really going to go the distance.
I am talking about themes that can stand the test not of today, or tomorrow, but for all of 2021 and beyond.
I see both Tuesday and Wednesday on into the end of the week as potentially very volatile for financial markets.
The companies are both run more efficiently today than they were 12 months ago, and could see their sales rise sharply as local business activity rebounds next year.
The technical signs for the e-commerce platform and visual discovery platform appear favorable.
Ending the pandemic swiftly appears unlikely, so here's how to look at key stocks and sectors right now -- especially as concerns of new lockdowns grow.
The buyers may be young, but I think callow youth may have the edge over their cynical elders.
Pick up some or buy deep-in-the-money calls, but know that if they go down, you pounce.
Traders have to take the extra step to understand the underlying company and sector before jumping into a position.
While earnings season has mostly yielded good news from tech companies, markets are clearly starting to become more uneasy about high valuations and macro risks.
In plain speak, they ran for the exits on Wednesday, This week has been a period of intense institutional distribution.
I love the Xilinx deal, but the technical picture is a concern and should be followed closely.
If a tech company can sell a narrative of runaway long-term growth, it's getting richly rewarded. But if the narrative starts getting questioned, things can turn ugly in a hurry.
Just take the three most obvious letters in FAANG -- Facebook, Apple, and Netflix -- they were all ideas from my children.