|Day Low/High||208.10 / 216.34|
|52 Wk Low/High||132.52 / 232.86|
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...
In the past, investors were often too quick to sell off fast-growing upstarts due to competitive fears. But at current valuations, risks seem to be completely ignored.
The greedy are, at last, getting blown out, and the prudent being vindicated. I see three buckets of stocks that intrigue me now.
What We Need Now? Pure and simple. Follow through. Equity markets have to follow through.
That's the period of minimum risk.
There is only one fact that truly needs to be understood. The virus is still in charge until it is not.
The deal drives home how strategically important gaming is to Microsoft right now. But there is one big unanswered question.
I think that when I see the kind of across the board give up as we have today, I think it's healthy not toxic.
Being scared of a pullback isn't 'expensive' or 'stupid'. It's just good investing.
Newly formed TikTok Global will remain a Chinese subsidiary, but plans an IPO, while WeChat is spared a U.S. ban by court action.
Are equity markets oversold? Sorry to say, but I don't think so. Not yet.
There's very strong trading in biotech, SPAC, EV, and other names.
* While the correction is only in its second week, the evidence suggests the growing possibility of a Nasdaq top and a break down in the Nasdaq Fueled by a revolutionary but evolving change in market structure - in which ETFs/quant strategies and pr...
Plus, the chart of Novocure Limited is a real attention-grabber while the chart of Apple bears watching.
Here I'll show you why it's time to take profits on growth favorites that make no sense on fundamentals. I'll also show you where to put your money instead.
An IPO on U.S. markets is in the cards if a proposal to form TikTok Global wins approval in Washington and Beijing.
At least part of the market's negative reaction to the Fed on Wednesday may be tied to two factors.
* I believe so! * More evidence of a possible pivot from growth to value was seen today * I believe that pivot will continue (e.g.,banks should be the beneficiary of that pivot) First Level Thinking: "The Fed will remain loose for years to come. T...
The research firms today put something in context that seems almost impossible: we are having a boom in the goods side, not the service side.
From CEO Satya Nadella to its deal with BP, the reasons are many, and here's how to trade the stock.
Stocks are reasonable. Or even cheap. There will be more sell-offs ahead but remember this day and do not get too negative.
TikTok tries to satisfy the Gordian Knot of Trump push and Chinese pull through partnership deal with Larry Ellison's Oracle.
Also, several scheduled events this week, election risk, earnings to watch.
Breadth has turned negative and a number of the leading market stocks (e.g. Amazon , Google and Microsoft ) have turned into the red.