|Day Low/High||628.65 / 649.92|
|52 Wk Low/High||463.41 / 646.84|
A reader asked me if NFLX deserves a market cap of $200 billion. Here's my answer.
The only way for the S&P 500 to make new highs is for the remainder sectors to take the baton from technology and do some of the heavy lifting as well.
Let's check the latest charts and indicators for the shares.
There are stocks for people who believe we're roaring back, those who are hiding out from the virus, and those fearing gloom and doom. But here are the ones I'd give a workout.
Disinfectant makers, home repair retailers and even camping equipment names might be your best bet until a vaccine comes.
The U.S. is reportedly eyeing amending bans on U.S. companies working with the Chinese tech giant, and this is creating opportunities.
Hong Kong will have its own tech quartet as of next Thursday; Asian shares don't have the same euphoria as U.S. stocks (yet), and that's a good thing.
Should COVID-19 significantly depress economic activity in the second half of 2020, companies seeing only moderate top-line pressures right now could see their sales drop more sharply.
There is a key price at which those who own the streaming service giant should reassess their plans for their shares.
There is a risk-off theme to the market as news comes in of rising Covid-19 cases in some states, while the Fed has been a ray of light during this crisis.
Though possessing a good content library, HBO Max's pricing and device support work against it, as do a couple other things.
Let's take stock of who's likely to come out ahead in this winner-take-all marathon.
It's about HBO Max, what to do with DirecTV, and the sustainable dividend yield.
* Banks +8% as growth is in the red on the day * Given the overweighting in portfolios, exchange-traded funds and jndexes of Microsoft and FAANG stocks -- a relatively small disintermediation could fuel banks and other value names. * Sell in May an...
Predicting a pivot from growth to value after a decade of the contrary is a tough task. But I am focused on the developing possibility. Today (in FANG terms), Facebook is up by one +1%, Amazon is barely higher, Netflix is under pressure, and Alphabe...
Some -- though not all -- of the extra hardware, software and services spending currently happening would have likely taken place at a later date.
GOOGL has made an impressive recovery since the middle of March.
Roku reports seeing major viewing growth for ad-supported news and entertainment content, and PayPal suggests its remittance business is hitting an inflection point.
Expect a sideways correction, but the charts are still positive overall.
Because they could be the next Netflix or Amazon. To me that's enough.
* I am watching closely for a change in leadership and a pivot from growth to value * A skeptical view of a bifurcated market led by a handful of high growth stocks (FAANG plus MSFT) that have done the market's heavy lifting * Reviewing the attribut...
Trading volume is increasing with strong internals, but nonfarm payrolls -- reporting on Friday -- are expected to be abysmal.
Besides the earnings beat (which looks clean), the most important factor in the ViacomCBS release is the expanded distribution agreement with Alphabet . I continue to believe that VIAC is a logical fit with a number of companies - including Google...
I am back - it appears the main line water leak is bigger than I thought (so it will be addressed at 7:30 am tomorrow morning). Today's market action seems so-so, with Qs (Nasdaq) over Ss (S&P). I just added to at $220.35. Though new highs expanded,...
"Due to coronavirus, the Academy of Motion Picture Arts and Sciences has changed the eligibility rules for the 2021 Oscars. While normally films need to have at least a seven-day run in theaters in order to qualify for the awards show, this requirem...
Following up on my recent post... if you're wondering what people are doing at home in addition to streaming music from Apple and Spotify , or chewing through video streams from Netflix , Amazon , Apple and others, they are doing some pre-digital th...
This one has the makings of an attractive short. Unfortunately, CTXS doesn't have the world's greatest options market, so I would be patient with any trade here.
Home entertainment stocks like Roku are represented in the index