|Day Low/High||152.79 / 160.85|
|52 Wk Low/High||138.19 / 214.91|
Some pandemic beneficiaries are seeing growth slow down. But secular and/or cyclical trends remain strong for many other tech names.
The charts of the video game maker are weak and pointed lower.
It must be pointed out that earnings have been better than excellent, but calendar year 2022 expectations have been dropping.
Here's how I would play NFLX -- without too much drama -- as it's set to report next week.
If you weren't the one pumping, dump it and move on.
Let's give things a few more days to see if the bulls are truly back in the game.
You dump the Nasdaq, crypto and non-fungible tokens, and move into industrials and mineral stocks.
After today's close there are only a handful of companies reporting, including Steris , Take-Two and Trip.com . Of the three, at least to me, the most interesting one will be Trip.com as it will not only confirm some of the comments in recent week...
Whether this market is mired in a down trend, or is just moving through a 'pressured' up trend is really based on the perspective of the individual investor and how they are positioned.
I've got a game plan that could make this once-fading brick-and-mortar video game business the only game in town.
The most important thing if you are a GameStopper is that you have to ponder how Unity is worth $29 billion and Activision is worth $79 billion.
Bears make money, Mr. Plotkin, Bulls make money Mr. Gill, but hogs get slaughtered.
Momentum tends to peak before prices do so it is a leading indicator.
Bond markets are pricing in medium-term economic growth amid monetary and fiscal conditions that they believe to be conducive to igniting inflation.
With few exceptions, there isn't a stock that could bring down this market.
Experts pick their favorite equity and ETF ideas in the game space, from dolls to video games.
Buyers of the video game maker's stock have been more aggressive of late.
The most important market takeaway right now is that both the Nasdaq Composite and S&P 500 have filled their respective gaps and retaken their 50-day simple moving averages.
As long as the pandemic rages on, the stay-at-home thesis should stay strong.
The deal drives home how strategically important gaming is to Microsoft right now. But there is one big unanswered question.
Unity can pitch itself as both as a gaming play and a high-growth software play.
But that's exactly where we are right now, in this third day of the rotation, so here's your path to safety.
Some sort of sideways to lower correction could unfold in the days and weeks ahead.