|Day Low/High||232.40 / 236.69|
|52 Wk Low/High||147.63 / 237.49|
Here's why these companies do well in a choppy environment.
ServiceNow needs to trade sideways a bit to catch its breath from Thursday's sprint to the upside.
It is the action in secondary stocks that is giving the action a much better feel.
I think we can all agree that there will be no increase made to the Fed Funds Rate today.
Whether this is the end of the slump is still up for debate, but the crash since October has been brutal and all bear markets end the same way.
As the market has encountered a bit of volatility and tech stocks began to falter overall, many cloud companies have outpaced the market on the way down.
The momentum of acquisitions isn't stalling. Here's what names might be in the mix.
I can see this group bottoming a heck of a lot faster than others.
We saw strength (mostly) across the board in Wednesday night's earnings reports.
The cloud sector has suffered, but this is how to navigate this selloff.
Can we possibly have had a huge sell-off and then a rally to be in the black?
I want to focus on the charts and indicators today.
Straying from these names could land you in quicksand as the 4th quarter begins.
2 options plays in Salesforce as the Dreamforce conference kicks off for this 'Cloud King.'
NOW looks attractive now, although stronger volume signals would be nice.
They are are all strong companies riding a giant secular wave that's still early despite many a doubter.
Maybe the reason why analysts have been chary about retail is because they've never seen anything like what's happening right now.
I often believe than when you get the kind of panic we got today it's a cleansing action.
With Microsoft about to post earnings, we took a look back at when Jim Cramer called the Cloud Kings, the new FAANG.
Cloud stocks, unlike most of tech, are less exposed to Chinese revenue and tariffs.
When you get no instant retaliation from China and instead get the companies trying to crack into China see their stocks rallying, it emboldens you to think, wow, I don't want to be cross-wise with this one.
But let's forget about the aggregate for a second. This is Mad Money not Mad Trade.
The groups that are winners will stay winners as long as interest rates maintain their downward trajectory.
The optimism about trade with China is what truly inspires a rally like today coupled with a benign route for rates to go higher.
Many investor surveys indicate that sentiment is "neutral." But, to me, it's hard to believe that investors/traders are really all that nervous - if they have been selling FANG (up until 2 days ago) and putting the money into Small/Mid cap growth na...
There are lessons and profits to be gained from studying Warren Buffett's misses.
After trading sideways for several months, ServiceNow is poised for a move.