|Day Low/High||213.09 / 217.37|
|52 Wk Low/High||132.52 / 232.86|
As long as the pandemic rages on, the stay-at-home thesis should stay strong.
I don't think it's time to step in and be brave unless speculation is one's game.
Fastly's big run-up in the weeks prior to its warning is a cautionary example of how many tech stock moves have had little to do with an informed analysis of a company's fundamentals.
I don't pick stocks on politics, but was shocked to see how a majority of our Action Alerts PLUS holdings would perform if Joe Biden wins the White House.
FB seems like it has plenty of upside and is going to make a killing.
*As we reached my objectives discussed three weeks ago (a gain of 350 S&P handles) Yesterday I observed that despite the outsized gain in the Nasdaq and S&P, market breadth on the NYSE was only 3-2 positive. This was a warning sign to me and one o...
Let's look at the three main ways stocks can go up, and which of those we're seeing in action right now.
Thanks to big gains by Tupperware Brands and GameStop these dozen stocks that languished in 2019 collectively are now up nicely since the portfolio's inception.
The world's greatest consumer electronics company. Ever. Why even question? Just hop on board.
GME will be able to standardize business operations through MSFT's cloud-based solutions and expand its video game offerings.
The gauntlet has been thrown. Let the games begin.
Among other things, Nvidia revealed an ambitious roadmap for server 'DPUs' that pair Mellanox's technology with GPUs.
I own it. I will continue to hold it. I would not sell it. For the uninvested who are interested, I would think small ball.
Let's investigate the charts and technical indicators of WORK.
Even more important than fiscal support moving forward would be the concept of Covid-19 very soon being effectively treatable for the public.
The short-term story for financial markets has been all about fiscal policy. This remains true.
Here's where the shares could be headed now.
Suddenly, both sides realize that they have played politics and the people had noticed. Not those two from Tuesday night. Thankfully.
Too often we debate markets with the same source of dogma and lack of objectivity that exists in our political debates.
The e-commerce giant officially confirmed the dates of its online shopping event, which only adds to enthusiasm for its shares.
There are several reasons to believe the Russell 2000 will experience catch-up trading action in the near future.
* Step out of your comfort range * Many technicians and fundamentalists are now bearish for the near term * However, I remain bullish short term but bearish intermediate term * I start the day in a large net long exposure, having substantially incre...
Plus, House Speaker Nancy Pelosi and Treasury Secretary Stephen Mnuchin agree to talk stimulus turkey.
Depending on how a couple of factors play out, growth rates in areas such as gaming and e-commerce could accelerate further.
Though limited for now, Amazon's Luna cloud gaming service has some selling points.
* Last night I shorted Zoom at $497/share From last night: Sep 23, 2020 ' 06:53 PM EDT DOUG KASS Shorting It Out After Hours I am shorting Zoom (ZM) in the after hours. More on Thursday. Position: Short ZM The newest "shiny object" that the retai...