|Day Low/High||161.64 / 170.59|
|52 Wk Low/High||124.46 / 292.76|
Let's figure out which techs have had enough downside that they can bounce even if they miss the quarter.
Citigroup bats lead-off for the banks, who as a group will bat lead-off for the entire sphere of public equities.
Micron is a perfect example of how the stock market does work.
Plus, a resolution of the government shut-down needs to happen soon.
Market participants are smart enough to know by now that when one must venture across thin ice, one does not linger.
Today they are reversing and it is all about the bold Micron upgrade from BMO Capital.
It's likely that investors will be closely watching the U.S.-China trade talks to see if the skies brighten longer term.
Apple has fallen back to Earth in recent months and made an impact on a number of companies in doing so.
I see a lot of winners here because of hindsight.
Without a take and hold of the 2570 level, this rally is all just a trading exercise.
Even if the Fed halts its trajectory now, the domestic economy would experience the impact of aggressively tighter policy at least into the second half of 2019.
We should once again learn from the dramatic drop in share prices of former market darlings.
* Resist the self confident consensus and "Group Stink" * Do your own homework - don't rely on "talking heads" or hedge fund titans * Learn from history - it's the easel of investment education "When a cyclical investor hears that there are too many...
There are some solid individual names in tech, but traders must be selective.
The trade war just heated up and semiconductor stocks such as Micron are melting.
AMD charts are flashing positive signals after Monday's epic breakout, and the stock could go higher in the weeks ahead.
Analyst estimates for Nvidia's next two fiscal years are baking in a lot of caution related to the company's gaming GPU business, and appear beatable.
What to buy and what to trim on the 90-day extension on trade talks.
This was not a suspension of the trade war, merely a suspension in the escalation of it.
The one great certain of the market is that there will be new opportunities again.
Amazon Web Services has used this week's re:Invent conference to unveil dozens of new offerings. It has also taken shots at rivals along the way.
I tire of hearing that there has been a correction.
Focusing on a basic one-hour stock chart to set my bias, Telsa and Amazon have been the two biggest winners using my formula.
With 90% of global assets now in negative territory for the year, only a dovish Fed or some agreement on trade can bring back the bull run.
Though there's a pocket or two of softness, cloud capex growth remains pretty strong overall.
A few months ago I initiated a new occasional item called Dumbest Comments in the Business Media because over time I have observed that far too often the "talking heads" that are paraded in front of us are superficial, are not rigorous in their anal...
The good news is that eventually this action is going to lead to some great opportunities.
* The market structure changes have brought on new and meaningful market risks * I am fearful of 'Portfolio Insurance (Part Deux)' in which "buyers who previously bought high become aggressive sellers selling low" * I am also fearful of the deterior...