|Day Low/High||245.19 / 247.36|
|52 Wk Low/High||226.15 / 267.37|
The fund is at a key spot technically, and there is real fear that if this spot cracks, what looks like a stretch of rough rapids could become a waterfall.
There is a point where if longer-dated yields move high enough, defensive-minded investors will be drawn from equities to debt securities.
The most important market takeaway right now is that both the Nasdaq Composite and S&P 500 have filled their respective gaps and retaken their 50-day simple moving averages.
These names are displaying both technical and quantitative deterioration.
These names combine healthcare research with state-of-the art technology.
Check out the Dow Transports and the Dow Industrials.
As Treasury heads for longer-dated issuance and names like PTON run higher on earnings, selloffs late in the trading day continue.
With a strong history in an important industry, Becton Dickinson looks set to provide and increase its dividend through this crisis and beyond.
This move by Beijing comes on top of massive injections of liquidity into that nation's financial system earlier this week.
Two food-related names and one in health care look like promising investments right now.
Investors must understand that the narrative around trade with China has evolved as the two sides work on a 'Phase One' mini-trade deal, but this is about much more than that.
The uptrend that technicians would have confirmed as late as last Wednesday, or even Thursday around mid-day, is now clearly a market in correction.
Let's check the charts and indicators.
The selloff in Alphabet presents opportunity, and I think this cash machine is ripe for a small long position.
Things may pick up in the afternoon -- here is how to play it and what sectors to be wary of.
Straying from these names could land you in quicksand as the 4th quarter begins.
For most of this year the market has been led by growth stocks.
Analyst downgrades and mind-boggling P/E ratios do not matter in this current market.
It is all about perception, and here are strong names to pick up on market weakness.
When chartists look for the next market leaders they often go to stocks that have held up the best during corrections.
The crash of oil will only accelerate the move.
Know what? Everyone else who manufactures autos can design and deliver electric vehicles.
Maybe inverse and/or leveraged positions are perverse in nature.
It is incredibly healthy to see so many stocks so strong, from so many sectors.
Medtronic, Abbott Labs and Becton Dickinson appear to be offering buying opportunities.
Let's play out what's allowing our markets to fly: Earnings.