|Day Low/High||1,147.00 / 1,193.00|
|52 Wk Low/High||305.30 / 1,285.18|
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.
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.
They are the charts of the S&P 500 and U.S. dollar, and their patterns could influence most stocks, commodities and currencies.
When markets move lower, price action reveals names that institutions are reluctant to sell.
As Covid-19 numbers rise in many states, it's time to get out of the restaurant stocks and look to Campbell Soup.
When a speculative frenzy involving one set of companies ends, cheaper peers usually aren't unscathed in the ensuing selloff.
Though many quality tech companies still look expensive, there are some exceptions out there.
First, let's closely watch this semiconductor company for the telecoms, and then examine the industrials, transports and retailers.
This diversification strategy lets you to capture stock market upside, while not risking your shirt.
Companies such as BigCommerce, Walmart and Veoneer have seen massive gains on pretty questionable news catalysts.