|Day Low/High||291.61 / 294.99|
|52 Wk Low/High||120.34 / 294.44|
In a real bear market, one that persists, volumes will dry up. Corrections are violent and volatile. That's where we are now.
Plus, Zscaler largely delivers for its owners with its latest results.
Will ZS go out on any kind of limb for the current full year? That's what will decide the overnight direction of the stock.
All life, all learning, from parenting to aging to investing is about adaptation -- the ability to evolve.
As we head into the last hour of trading for the week, here are some of the items worth noting next week: Economic Data - Wednesday, September 8: Weekly MBA Mortgage Applications Index; Weekly EIA Crude Oil Inventories; Fed Beige Book; July Consum...
My first thought is to stay long cybersecurity, as this is the one slice of the software industry, no make that the entire economy, that bears almost inelastic demand.
The fiscal football remains a greater threat this week than anything Fed Chair Jerome Powell says on Zoom this Friday.
I don't think I'm adding ahead of the digits. I'm already long.
Let's look at inflation and government spending to see why good-value stocks are the way to go -- no matter what the pols say.
Contrary to popular belief, this economic recovery that we seem to be enjoying has hit a pressure point.
After five days, the nastiness that is allocation through high-speed algorithmic selection (profit-taking) returned to the fold.
There's a split growing at the FOMC as to just how transitory the current burst of consumer level inflation actually is.
Ever hear of the Cleveland Fed's median CPI? Trust me, every kid sitting at the FOMC table is glued to this indicator.
I already have shown favor to and own Zscaler, which is also an overvalued cybersecurity name, though not quite as overvalued as CRWD.
There's absolutely no good reason for the Fed to still be supporting the mortgage market and there hasn't been for quite some time.
Our latest technical analysis and trading strategy for ZS stock.
I also have a plan for my Zscaler position, looking for similar messaging on Tuesday.
There are still reasons to be optimistic about the long-term adoption of Bitcoin, Ethereum and certain other cryptos. But the selloff following a leverage-fueled speculative mania like the one we just saw rarely ends quickly.
It may seem ridiculous, but you can distill the market down to these two names because they stand for palpable themes.
Cybersecurity will prove itself quite durable, as demand will stand up to any shift in where white collar work is done.
CRWD is already half a step ahead of many other cybersecurity operations.
Let's see what, if any, impact the February labor market data have on the markets.
Among other things, the president works to align Democratic senators to support his massive Covid relief bill.
Should we care about Australia's central bank taking overtly aggressive action to reign in the long end of their yield curve? Yes, we should.