|Day Low/High||147.22 / 148.97|
|52 Wk Low/High||103.10 / 157.26|
We have a complete lack of bids in many stocks, while names like Apple are propping up the indexes.
Let me show you how one or a few mega-cap stocks can skew the picture of the market.
Several names I like are slow fading due to disinterest in small-caps.
A large percentage of stocks are struggling despite all-time highs in the indices, and the disconnect makes for tough trading.
Goldman Sachs' upbeat call on Apple will likely be a catalyst to another good start for the Nasdaq this morning. I am not yet short but I will as it gets ridiculously extended and the RSI moves towards par.
If you are not in the market for a vehicle right now, inflation is right where the pros thought it would be.
Think about this: Do names like Alphabet, Apple or Microsoft need oil, food stuffs or natural gas to run? Let me show you what I mean.
Let's look at DIS and how it fits into the 'Content Is King' investing theme.
Let's take a look at Caterpillar and others for clues about what's happening in the industrials and also track the moves of new fave Amazon and Apple.
Plus, the chart of Tesla indicates it's time to be wary if you're in the stock at present.
Any selling of these stocks based on short to medium term potential for antitrust litigation could probably be a trade if one is savvy enough.
Obsessed with controlling the Big Data held by Chinese tech firms, Beijing cyberspace officials clamp down on U.S. listings that were previously permissible.
Shares of the Chinese search engine giant already are underperforming and could feel added pressure based on the stock's technical signals.
Bond yields continue to fall as worries about slowing growth replace inflation fears.
The biggest problem this action creates is it undermines positive sentiment.
But then there was different commentary and so-called news thrown at the stock to keep you out of it when you should have been buying.
One group acting better is the MSO (multi-state operator) pot names.
Contrary to popular belief, this economic recovery that we seem to be enjoying has hit a pressure point.
Market concerns are shifting to concerns about growth and away from inflation.
A few big tech names nudged Nasdaq into the green, but breadth sagged and so did the Russell 2000.
The rotational action is dominating the market, and that means that the individual merits of stocks don't matter.
Plus, quick looks at Tesla's car deliveries, Amazon's CEO change and Didi Global's post-IPO downdraft.
Ride-hailing app Didi is among three Chinese companies recently listed on U.S. markets that are being prevented from signing up new users by China's Internet regulator.
I've been hot for the semis for a good while now because of the widely covered shortages that are creating significant pricing power.
The iPhone maker appears to be stirring from its months-long slumber as both stocks could threaten their all-time highs.
Ultimately, the business in America is small business and it's booming. I say let's help them out. Shop small.
With backing from some of tech's heaviest hitters, Didi or "beep beep" joins Dingdong in going public this week.
Better luck next time: The Federal Court beat down the FTC and the states in it's case against FB.