|Day Low/High||2.19 / 2.31|
|52 Wk Low/High||0.95 / 4.01|
Following an activist's brutal report and subsequent class action lawsuit, analysts have come to the company's defense.
Big values are found in the portfolios of smaller, lesser known investors.
The technicals give positive confirmation about the sustainability of this uptrend.
The market has inched into the green as expectations build for the Fed announcement.
Market strength on May 1 is not necessarily an indication that a rally will follow.
But there is quite a bit of very choppy and random action to keep it challenging.
If the bears finally manage a victory, it will open up some good buying opportunities.
There are plenty of reasons why this market should rest, but these uptrends can be sticky to the upside.
The dip-buying is good but we need to see stronger momentum and better leadership.
Strong markets need leadership, and this one doesn't have much.
Shrewd traders know that chance is a big part of trading -- but success comes from thoughtful management thereof.
My stock of the week has moved through resistance and is attracting momentum money.
The market can run because of poor positioning, the need for relative performance and positive seasonality.
But trust levels are very low since we haven't managed to bounce at all the past week.
Money managers are looking for performance as the focus shifts back to stock picking.
Players are scrambling to add long exposure as this market refuses to let them in easily.
If you were caught too long yesterday it is very tempting to use the early strength to cut back.