|Day Low/High||38.41 / 43.35|
|52 Wk Low/High||29.09 / 210.00|
In the meantime, put risk management ahead of everything else when it comes to trading.
For now, any rebound is a short-term trading opportunity and nothing more.
The unevenness of this corrective action combined with multiple contraction in growth stocks is making it harder for upside to develop.
Are Wood's stock choices that bad or is she mainly a victim of being in the wrong asset class at the wrong time?
Hedge fund manager Doug Kass looks behind the 'Wizard of Wood's' curtain and sees a combination of hubris and very poor stock selection.
"Wait a minute, fellas. I was just thinking. I really don't want to see the Wizard this much. I'd better wait for you outside." - Dorothy, The Wizard of Oz "Pay no attention to that man behind the curtain." - The Wizard, The Wizard of Oz * Joe Gra...
Tech might not truly be leading markets vertically, but it is certainly leading investor behavior in a more horizontal fashion.
This tech name is heading lower as a bounce fizzles and fails.
This fund is turned toward 5G and has an intriguing current portfolio, but its future isn't yet clear.
Whether Thursday's bullish reversal in stocks was a bottom or just another tradable low is anyone's guess, so let's focus on Friday.
The metaverse is a forest while Meta Platforms is but a tree -- but a tree on which money still grows. For now.
The extreme reactions to this week's earnings reports make trading at this time challenging, to say the least.
Just a week ago Jerome Powell referred to the labor market as 'strong.' Now, economists, traders, investors, and the public are just not quite sure what to expect Friday.
Let's review the charts and indicators.
Too many market commentators pay scant attention to the charts, but a lot can be gained from studying the technical indicators.
Despite the recent sector pullback several advisors here select technology stocks as their favorite investments for the year.
Plus, many economists don't seem to understand the term "full employment" and earnings season kicks off.
Checking out a few momentum stocks that recently have lost ground shows selling may be drying up around their most recent lows.
If your goal is to capture as much of the potential upside in this area as possible, Unity Software could be a big winner in 2022.
Cannabis is about the only space where I'm long, and that isn't for technical reasons.
You may not buy into the long-term viability of this new trend, but you can't deny its widespread reach or ability to impact the tech sector.
Tuesday's advance may not represent an end to the selling in all stocks, but there may be a decent shot at a year-end rally in growth names.
Expecting recent trends to continue -- and not looking further into the past for parallels -- has driven a lot of questionable behavior in 2021 from both retail and institutional investors.
It's worth keeping an eye on Roblox Corp. and Unity Software.
Trucking company Yellow Corp. and water heater maker A.O. Smith could make for nice trades.
Stand aside and let it fall.
Buying or selling stocks based on one's political view of Covid variants won't pay the bills, so check your politics at the door when trading.
For those ultra-committed traders that plan on trading today, good luck.
It may be time to take some money off the table.
It was almost nice to be reminded that the saloon doors to the financial markets still swing both ways.