|Day Low/High||159.32 / 163.89|
|52 Wk Low/High||93.92 / 225.89|
Don't buy any upbeat presidential tweets, the likelihood of a trade deal is receding fast.
China's President Xi has obviously found surrender distasteful.
CRM is still suffering, but a number of other cloud stocks are still hot. Here is how to play it.
You all know that I love the software/cloud type names.
We have to stipulate what makes a market really tick these days in a world where we are ruled by tariffs and trade with a Fed sideshow.
On day three, the sellers forget why they sold and the buyers remember why they like stocks.
The downbeat progression of talk is at odds with the market itself.
Yes, Splunk has done well from late 2018, but that is in the past.
If you can survive this hell week you can pretty much survive anything.
As usual, the stocks that bounce back first are the tech stocks with little Chinese exposure and the consumer packaged goods that just demonstrated good numbers.
We have to hope they are given a better chance to tell their story than they were Wednesday.
Use the swoon to buy, but wait until the coast is clear and nothing happens and it is just a random rotation.
Consider a bullish options strategy on this one, whether it's selling a vertical credit spread or buying a bullish vertical debit spread.
This is hope, not fact -- don't pay more for the same old thing.
Samsung's latest flagship phones contain meaningful hardware improvements, and reviews have been pretty good. They're unlikely to be smash hits, but demand could be better than feared.
It is so patently obvious what's happening that it's almost other worldly.
Let's review the charts and indicators to be prepared.
What I noticed most about Q4 GDP was the increase in business investment.
The least covered and perhaps most important of the Wednesday's three events was the appearance of U.S. Trade Representative Robert Lighthizer before the House Ways and Means Committee.
After many years of trying to compete in China, Amazon is reportedly in talks to merge its Chinese operations with those of a bigger local player.
Cloud play is in a trending pattern buoyed by a golden cross.
Here's why these companies do well in a choppy environment.
The ETF has been in a strong uptrend over the past month with the past week acting as consolidation from the most recent push higher.
As the market has encountered a bit of volatility and tech stocks began to falter overall, many cloud companies have outpaced the market on the way down.
Use it to your advantage or don't use it at all.
There are some solid individual names in tech, but traders must be selective.
Recent earnings reports from several major software firms suggest business trends remain pretty good for the group.
The cloud sector has suffered, but this is how to navigate this selloff.
2 options plays in Salesforce as the Dreamforce conference kicks off for this 'Cloud King.'