|Day Low/High||97.02 / 110.00|
|52 Wk Low/High||59.94 / 110.75|
The provider of video conferences could see sideways action after Monday's big gain, which could provide a place to go long.
Tesla rocketed higher in a move similar to the bubble days of 20 years ago.
Plus, the Saudis look to press their oil agenda while Europe prints some ugly economic data.
Having a bad game does not mean you quit forever. It just means it is time to regroup and rethink strategy.
Most of these names are smoke and mirrors, with the elusive profit objective often years away.
If you are looking for the pain in this exuberant market it is in the names classified as technology plays with market caps between $5 billion and $100 billion.
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.
No one ever thought when we created a stock market that there would only be buyers of stocks in an index.
Who was speaking to the strength of the U.S. Treasury Department's auction of $32 billion worth of 7 Year Notes as a driver for equities through Thursday afternoon?
When you see articles how value is outperforming growth, it's time to look at growth names.
Shares of the video-conferencing company have broken to the downside.
Rather than focus on trying to catch stocks that are in freefall, look for those that are showing some positive relative strength.
About the upcoming U.S./China talks, call me skeptical, but I trade the environment, and not my starchy views on what is versus what should be.
In my opinion, MA is a good one, otherwise it would not be on my book.
Slack could shift sentiment with a strong earnings report on Wednesday.
Let's check the charts and indicators ahead of ZM's Q2 earnings.
I'm willing to risk what amounts to the move we've seen today for the next month.
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.
AbbVie is dropping on Allergan deal announcement, momentum is weak outside certain pockets.
Gold continues to run higher as the dollar continues to collapse.
Do we finally have too many new stocks, and are we running out of ammunition to buy them without wholesale liquidation of other stocks?
Stocks that rip higher in parabolic fashion are incredible until they are terrible.
Will Slack help set a new trend for IPO strategy among red-hot technology companies?
Trading today would just be a gamble, and at this price, it's a hard bet.
Markets are still willing to pay top dollar for high-growth software names that meet or beat their high expectations. But they're proving remorseless to the growing list of firms to fall short.
What happens when the buyers fueling the IPO fervor run out of steam?