|Day Low/High||206.35 / 210.17|
|52 Wk Low/High||79.78 / 204.55|
These names are displaying both technical and quantitative deterioration.
RealMoney's Eric Jhonsa offers some predictions for what the tech world will witness in the new year.
Though Wall Street reacted harshly to F5's deal to buy rival NGINX, the purchase does much to strengthen F5's long-term competitive position. And its stock is trading at low multiples.
There is likely more headline risk to our front than to our rear.
John Flannery sees progress being made on GE's initiatives, but that is what I expected him to say.
On the whole, tech stocks had a solid earnings season. But many richly-valued names sputtered despite releasing decent numbers.
Recent earnings reports from IBM, Intel and others suggest cloud infrastructure demand is still taking a heavy toll on IT hardware sales. That is, outside of one market.
Take a look at the five biggest gainers on the S&P's Information Technology sector in 2016.
Both private equity firms and tech companies have shown a willingness to make 10-figure enterprise acquisitions. The fervor appears far from over.
This is what we need to stop treading water and move this market to a tradable low.
Can you guess which six stocks these are by looking at their charts?
Lately, we've seen a complete repudiation of the concept of 'Don't Fight the Fed.'