|Day Low/High||314.61 / 319.75|
|52 Wk Low/High||169.49 / 327.85|
Some short-term traders may be sellers of Apple based on its charts, but it is hard to make the technical case for a meaningful correction or pullback.
* But... "It's a beautiful day in this neighborhood A beautiful day for a neighbor Would you be mine? Could you be mine?" - Fred Rogers, Won't You Be My Neighbor? Mid last week I raised my net short exposure to medium-sized. (I further reduced some ...
The market's resilience in the face of such an ugly threat has many market players trying to find ways to reconcile the movement with the news flow.
We have to wonder which will change first.
Shares of mobile infrastructure companies Ericsson and Nokia are catching a bid this morning for a different reason tied to 5G than you might initially think. Yes, so far this earnings season we've received a number of comments that point to the 5G ...
Foxconn, one of the key assemblers for Apple's iPhone, announced it will gradually restart operations at factories in China next week but it could take one to two weeks from Feb. 10 to resume full production following the coronavirus outbreak.
Good morning and welcome to this Friday edition of Doug's Daily Diary! I'm Chris Versace, and I will once again be sitting in for Doug. We've got a number of earnings reports to be had this morning, including Canada Goose , CNH Industrial and a fe...
Qualcomm's 5G modem and RF chip sales are set to grow strongly this quarter. But a few different Chinese issues are acting as overhangs.
Despite a beat in earnings and other promising prospects such as 5G tech, QCOM faces coronavirus concerns and a tangle with EU regulators.
As mentioned in my Diary, if liquidity (of a central bankers kind) is the straw that stirs the market's drink - investors may be off sides in not weighing some (gaining) evidence that both the Federal Reserve and the ECB might be more hawkish than t...
Most notable on my screens today is the action in Twitter.
The shares remain wildly overvalued and you should not buy them.
I have added to my net short exposure today: * Shorted at $334.25 in pre-market. * Shorted at $323.27 in pre-market.
Disney made a number of encouraging disclosures about Disney+ on Tuesday. But Netflix's subscriber growth still looks pretty solid.
As everyone watches direct to consumer and international -- as well as the cost of the coronavirus -- here's where I want to see DIS before buying.
Investors in Asia appear to be clinging to the hopes of stimulus flooding China's markets. But with one-third of WARS cases outside the epicenter, the new coronavirus threatens to get out of control.
Breadth improved -- somewhat -- but while everyone was yapping about Tesla, did you see what's happening with Microsoft?
Many now feel we will make it through this epidemic better than we thought we would just a few short days ago, but...
Enjoy the run, but don't get caught holding the bag.
I wanted to repost my opener as it was published very early this morning (and some have missed it): * S&P stock futures are gapping much, much higher * Iowa's Democratic disastrous primary "non-results" are still delayed - so, it's on to New Hampshi...
I reestablished shorts in Apple and Spyders at $315.30 and $328.60, respectively. Back to small net short.
* S&P stock futures are gapping much, much higher * Iowa's Democratic disastrous primary "non-results" are still delayed - so, it's on to New Hampshire? * Telsa's shares are trading over $800/share this morning (look for an equity or convertible off...
My contention is that it is a tough and "newsy" market to trade in: * Breadth deteriorated throughout the day -- ending less than two-to-one positive. * Bonds were unchanged. The 10 year U.S. note ended the day at 1.525%. * Crude oil broke the $50/b...
The stock has been pummeled along with the rest of retail, but things are not that bad.
The longer that the market can stay in positive territory then the more likely that more buyers will enter.
My first trading move in February will be to do some buy-write orders Monday using just out of the money call options on the Energy Select Sector SPDR ETF.
The shares of Apple declined dramatically on Friday. Over the weekend the company announced that all of its Chinese retail stores will be closed for about a week period. That will not be a bona fide problem for Apple - as it will only defer and push...
How will Chinese demand for goods and services as well as dramatically reduced Chinese production impact U.S. corporate performance?