|Day Low/High||68.34 / 72.48|
|52 Wk Low/High||46.71 / 114.09|
Trucking company Yellow Corp. and water heater maker A.O. Smith could make for nice trades.
There were positive earnings call takeaways for AWS, YouTube and Microsoft Dynamics, among other businesses.
That was Jim Cramer's take, let's see what the charts say.
This action is not at all 'frothy,' which is a common contrary indicator that the bears embrace.
These best-of-class stocks represent powerful investment trends that will be difficult to disrupt.
I'm willing to take a very small shot here but I'll look to add on a close above the 50-day SMA.
The shares have bounced recently but have so far stopped at the underside of the declining 50-day moving average.
Like other momentum stocks, the provider of software to manage digital ad campaigns traded way over its skis and suddenly finds itself tumbling.
I continue to see the risk of further declines in the price of TTD.
The funny thing about flat lines is that the move at the end is usually explosive, but could go either way.
If you're a trader, you either lock on a core of stocks and trade only those, or you create fluid watchlists.
End-of-the-year moves may pressure some of 2020's biggest winners. Don't assume that tax avoidance will prevent selling.
Looking ahead, and with a strong dividend, pullbacks in WBA's 2021 first half should be considered buying opportunities.
Traders have to take the extra step to understand the underlying company and sector before jumping into a position.
This week's earnings reports and calls brought positive disclosures about online video and payments trends, and more mixed disclosures about online travel.
Plus, the rising possibility that the Senate may not remain in Republican control should give investors pause.
Though many quality tech companies still look expensive, there are some exceptions out there.
Instead of scratching your head and saying the market defies logic, look to the Cramer Covid-19 Index.
Looks to me like key advertisers and other companies are reeling in their advertising spending, which could be a sign of greater than expected belt tightening to make quarterly EPS expectations. Something to listen for in the next few weeks, especia...
Search is still by far Google's most profitable business, and antitrust charges aimed at other parts of Alphabet's empire likely wouldn't have a major profit impact.
TTD is part of Jim Cramer's Covid-19 index of stocks.
There are simply an immense number of health and technology and safety companies coupled with businesses that thrive when you have to stay home.
I believe this is just bounce action at this point and not a bottom, but I'm playing it.
Let's review the charts and indicators.