|Day Low/High||203.78 / 212.43|
|52 Wk Low/High||107.75 / 248.75|
There is plenty of chasing of the strength which is an indication that FOMO is in overdrive again.
The company's backlog of revenue set to be recognized in the next 12 months grew much more strongly than expected.
Unless there is something truly new at work, disregard the bump as nothing more than Wall Street silliness.
Wall Street is richly rewarding software firms it sees as long-term share-gainers within large addressable markets.
The Fed and Treasury are set on avoiding the mistakes that doomed us in the past, and we have to invest for this new market we're in now.
The risk-reward for the shares of the cloud-based human resources software provider isn't as attractive as it could be.
WDAY looks ready to break out as traders weigh wether markets are now overbought after this 2-day run.
Rising U.S.-China tensions continue to weigh, but new home sales and stalled continuing jobless claims may be positive catalysts.
SMAR is one of the few names not releasing earnings right now, and appears an attractive play.
There is no doubt that this is the most aggressive and pro-active Fed since at least the days of Paul Volcker's tug of war with consumer level inflation, not to mention the Reagan administration.
Rate cuts and other Fed actions are motivating some tech companies to raise funds or refinance existing debt.
Should growth expectations have to come down for more than a few months due to macro headwinds, tech companies sporting high valuations will likely see multiple compression.
Let's see how the charts and indicators are positioned ahead of the numbers.
What we have witnessed in recent days would be Wall Street and corporate America in aggregate finding great difficulty in quantifying what is clearly at this point, unknowable.
The mattress maker's dismal IPO should discourage other money-losing unicorns from going public and should promote a more disciplined environment.
At least days like today, when we're told the coronavirus has 'peaked,' show us exactly where the coiled springs really are.
Workday shares have displayed a basing pattern since last fall, with buyers of the stock turning more aggressive in recent weeks.
As the Wuhan coronavirus shakes up the global economy and growth outlook for China, there seems to be only one theme that's resonating right now.
I am simply respectful of the power of hope melded with the strength of so many parts of technology and I want to buy, not sell, these stocks when they get hammered.
While enterprise software firms are still generally reporting good top-line numbers, the group remains in multiple-compression mode -- for now.
The purpose is not to shake you out, although it can feel like that; here's what's really going on.
Does it tick the President off that it appears the Chinese would rather not give up in writing any unfair advantages in global trade that they have enjoyed for decades this close to a national election in the U.S.? Of course.
Having a bad game does not mean you quit forever. It just means it is time to regroup and rethink strategy.
Here's why much-hyped Workday just doesn't look like a good investment (hint, it's never shown positive cash flow or profitable quarters).
In the market cap bracket between $5 billion and $100 billion sit some of the most egregiously overvalued, economically inefficient bubble stocks in this peaking market.
Despite playing the industry and macro blame game on the conference call, TXN execs may have overstated the significance of those factors in the company's poor report and outlook.