|Day Low/High||31.34 / 32.98|
|52 Wk Low/High||29.50 / 72.78|
Here's how to trade four of the most active names on the market Tuesday.
Nobody knows for sure how a stock will react. Great earnings can lead to a big selloff.
We need to watch closely to see if this poorer action develops further.
Wall Street was pulled in two directions with a bounce in crude prices boosting the Dow Jones Industrial Average and a selloff in Tesla dragging on the Nasdaq.
The S&P 500, Dow Jones Industrial Average and Nasdaq each sport slight gains to extend Monday's record run.
Here's a window into what institutional investors may be doing and how to profit from that.
More stocks are hitting 12-month lows than 12-month highs for the first time in a while.
You have to dig below the surface and develop a feel for what stocks are leading.
Look for the jobs report to get clues of an interest rate hike.
Biotechnology stocks can be risky but it's helpful to track them over time.
Better-performing stocks tend to stand out on flat market days.
There isn't anything overtly wrong with the market but that lack of energy does raise concerns.
The good news is that there are signs of stock picking working well again.
Although I don't view the index charts as that bullish, I do like some individual stocks.
The end of the quarter is approaching and might impact action in individual names.
If the market is looking to correct, election worries are a convenient excuse.
The market is repeating a cycle we have seen many times in recent years.
Don't fight speculative action that keeps sending prices higher.
The moving average convergence divergence (MACD) is still on a buy signal.
Major averages are flat while hundreds of stocks make new 12-month highs.
Bears continue to have a tough time gaining traction.
Keep in mind that strong action like this tends to create underlying support.
Despite the S&P 500 reaching an all-time high, there is some hesitancy to keep chasing.