|Day Low/High||151.06 / 158.63|
|52 Wk Low/High||117.72 / 226.83|
Money fled high-growth, high-multiple stocks on Wednesday and chased a mix of both defense and value.
There are plenty of senior growth companies that can still move higher.
When things are going well it is always difficult to see an inflection point.
With low price-to-earnings multiples, these stocks could be buys right now -- depending on your take on recession.
That the market didn't plummet following the strikes on Saudi oil facilities shows big differences in our economy and reliance on foreign oil compared with just a decade ago.
A trade deal still seems far away, so check your China exposure, again, as earnings season approaches.
Slack could shift sentiment with a strong earnings report on Wednesday.
Marvell brushed off a light quarterly outlook, while Workday slumped in spite of raising its guidance. Valuations are a factor, but so are long-term expectations.
The shares have weakened in the two months leading up to earnings.
These stocks and sectors are safe havens, and may even be opportunities.
Following TSLA's run into earnings and WDAY's failure to meet its initial upside target at the $231 area so far, let's take a close look at the charts for both.
From Adobe to Zendesk, plenty of stocks will rise or fall regardless of what the central bank does.
When stock fundamentals and stock valuations diverge, profit opportunities are created.
Estee Lauder is among the companies that are sure winners, no matter which way the economy goes.
ILMN shares were down about 15% in Friday trading after they pre-announced a revenue miss for its second quarter.
To effectively generate profits, a trader must pick several companies in a sector and short the whole bunch.
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.
Do we finally have too many new stocks, and are we running out of ammunition to buy them without wholesale liquidation of other stocks?
Oracle tells investors it can regain the crown it once held among enterprises and end-users, but some aren't so sure.
Workday's price action and indicators continue to warn of a downward reaction.
The endless rally needs fuel, and without it, you end up with what you got Tuesday, a soggy session that was hit from the cloud, Beyond Meat's chill, and big merger uncertainties.
The incredible trajectory of Beyond Meat is daunting to those of us who fear a toppy market and the run in the stock is a slap in the face of those who care about too much enthusiasm.
During an interview, Anaplan CEO Frank Calderoni argued his firm's software has a lot of room to displace the use of spreadsheets for business planning work, and is better-suited for the needs of large enterprises than "point solutions."
Let's inspect the charts and indicators.
When traders are flailing and investors are drowning, examples work best to illustrate what happens before a bottom is reached.