|Day Low/High||263.01 / 265.78|
|52 Wk Low/High||142.00 / 264.88|
It is difficult to do a lot of new buying with the indices hovering near all-time highs and the Fed on deck.
The challenge at this point is managing positions while overall technical conditions are positive but many stocks are extended and ripe for some profit-taking into major news events.
The stocks of many companies anticipated a more stringent series of tariffs and we didn't get them.
The two stocks provide high yields and a chance for growth.
I love when activist investors, in this case Elliott Management, get involved in a name that I am already long.
This continues to be very good price action but obviously it is becoming extended and there are some major technical hurdles.
Continued speculative interest in individual stocks and small-caps kept a bid under the market most of the week.
Rest up for a busy week that includes earnings from Apple, Facebook and Starbucks.
What's been most impressive lately has been the overall improvement in the charts.
AAPL is overpriced based on all recent history, so consider taking profits before the next frustrating decline.
Tesla and Lam Research are soaring post-earnings, while Twitter is plunging. Here's a look at what's driving the moves.
On the biggest day for earnings reports in the S&P let me give you my scorecard to date so you know which pile your stocks might land in.
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.
Few things can cause people to pull money out of the stock market than what seems like irrational actions that actually make sense.
The Defense Department's potential $10 billion award for their cloud computing contract is a never ending saga with Microsoft and Amazon as finalists.
The sudden drop and weak close Tuesday were not favorable despite a lack of technical damage.
Uber appears to be on the verge of turning around, while Lyft looks stuck.
There is a chance that Presidents Trump and Xi sign something when they meet up at the APEC summit this November in Santiago, Chile.
The majority of the S&P 500 stocks will report in the next two weeks. Focus on individual stock picking, but keep stops tight.
Stocks trended steadily higher as the focus remained on stock picking and earnings, rather than big picture worries like China, the economy, politics and the Fed.
It's all because some stocks are more powerful than others and the aberrations are to the downside. Not the upside.
The momentum in the broader market is not that strong and the rotational issue continues.
Ignore the macro arguments that are having no impact and focus on price action in individual stocks.
Many tech stocks sporting high valuations have been selling off in recent weeks, even as the rest of the sector generally holds up well.
How many companies would follow the NBA's principled examples on Hong Kong free expression vs. China profits?
The chip manufacturing giant issued strong Q4 sales guidance, offered upbeat remarks about 2020 5G phone demand and hiked its capital spending budget.
Despite the stock's sharp move higher after reporting earnings, the technical trend remains lower for the streaming behemoth.