|Day Low/High||161.50 / 166.47|
|52 Wk Low/High||100.00 / 180.61|
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.
While valuations are clearly very high for many tech names, investor euphoria might not go away until news flow meaningfully worsens.
Plus, Russia could provide a real-time clinical trial of a coronavirus vaccine.
Southwest Airlines is better than it seems and Take-Two Interactive is not as good as it may appear.
So what's the narrative? Simple: the recession is ending, it turned out to be a V recession and recovery after all.
An updated technical strategy following Take-Two Interactive's upside breakout
The market may be down but, once again, the decline's about the White House getting re-tough on China.
Adjustments people and companies have made due to the pandemic are likely to outlast the virus in some measure, and those firms that don't adapt face trouble.
Expect more fiscal and monetary support and don't expect a full return to previous economic activity for quite some time.
Let's review those charts and the indicators.
Here's how I'd play shares of the video game company.
Everyone from game publishers to chip developers to game-streaming websites appears to be getting a lift.
The technical signals for the video game maker suggest its shares may see more price weakness in the weeks and months ahead.
This move by Beijing comes on top of massive injections of liquidity into that nation's financial system earlier this week.
These funds invest in companies poised to benefit from millennial spending trends.
Behind-the-scenes companies like Salesforce.com, Square, Nvidia, Okta, and PagerDuty are leading the Nasdaq, and you must understand them to know what you're getting into.
As for pressure on the Chinese side, I think a September 17.8% decline in exports to the U.S. compounded on top of a 22% decline in August speaks for itself.
Disney, Qualcomm and Square are among 75 key reports we are watching.
Consumer-facing companies that forget will inevitably suffer the loss of this critical cohort.
The freedom of choice coupled with a plentiful job market and frugality define this new beast.
Huya posts better-than-expected numbers on top and bottom lines.
TTWO has a history of continuing its first day post-earnings move over the next three weeks.