|Day Low/High||407.50 / 442.00|
|52 Wk Low/High||60.97 / 478.00|
Do we want to be another Milan or Wuhan, or do we want to have a real, healthy rally -- a victory rally?
There are signs that this stock's recent run may be coming to an end.
St. Louis Fed Pres. James Bullard sees unemployment possibly hitting 30%, while GDP could ultimately contract 50%.
Stimulus efforts could give a boost to 5G infrastructure spending, and usage spikes for many online services could drive higher cloud capex.
Now that the reality of social distancing is playing out across the country we are likely to see the share price of ZM move higher.
Assuming deliveries can still be made, then CHWY should see its pet business hold tight or even increase.
Let's explore a concept I have been loath to consider.
Markets appear stable. Do we trust it? Can we trust it? Of course not.
Would love to know if Warren Buffett is adding here, or keeping his powder dry. Would simply love to know.
It is easy to think the market has already anticipated the coronavirus issue but it is much different when you actually have to confront the anticipated news.
Marvell Technology, Splunk and Zoom Video Communications all have good stories to tell, their post-earnings stock gyrations notwithstanding.
Become comfortable with being uncomfortable. Learn this, and you will be able to adjust to anything. Anything. I promise.
Imagine not taking action to make commerce as liquid as possible ahead of a pending national crisis, because one was afraid to be perceived as panicked? The Fed was far from cowardly on Tuesday.
But don't throw up your arms yet -- here are names that could be golden opportunities.
Buckle up for what is likely to be another eventful five days.
This is the time to high grade your portfolio, take some losses and move to better stocks.
These companies should continue to work, while we wait for a cure or a vaccine or the darned virus to run its course.
Hot money will be attracted to stocks that show promise in dealing with the coronavirus.
Is this the end of the world? No. You still need to plan for your financial well-being, even as the CDC tells us 'this might be bad.'
A wide variety of tech companies are likely to see their March-quarter sales hurt by the coronavirus outbreak's impact on Chinese demand and/or manufacturing.
The human cost of the virus is real, so don't overlook that, but also know the companies who are in a position to benefit.
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.