|Day Low/High||178.96 / 186.41|
|52 Wk Low/High||100.00 / 211.44|
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.
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