|Day Low/High||52.03 / 53.62|
|52 Wk Low/High||39.71 / 60.50|
Fed repo policy changes confirm that external issues are having only a small impact on U.S. economic performance.
Cryptocurrencies do offer public value in their ability to move stored wealth across national borders in times of crisis.
Valuations for many enterprise software firms remain rich. But like chip companies, their earnings reports generally haven't done much to spoil the fun.
This time it's different? This time it just might be. Enough to buy the shares?
RealMoney's Eric Jhonsa offers some predictions for what the tech world will witness in the new year.
Despite pundits saying stocks like Facebook, Amazon, Netflix or Alphabet are heading for trouble, the reality is they're nowhere close to turning into the next IBM or Cisco.
ORCL is competing for the business to business cloud, obviously a tough space.
The Fed doesn't know what will happen, and they most certainly don't know what they will do in response when the worm does indeed turn.
Beijing is intent on reducing its dependence on American hardware, software and chips. But reducing it and eliminating are two very different things.
During a Tuesday keynote at the annual AWS re:Invent conference, Amazon emphasized the breadth of its AWS service lineup, as well as its investments in custom chips.
I think AMZN could provide a good very short-term trade from the long side... this week.
Third quarter earnings season is down to the really nitty gritty. That said, there are still quite a few well known (to the public) retailers set to bring up the rear.
Let's review the long-term bullish case for this FANG stock.
The stocks of many companies anticipated a more stringent series of tariffs and we didn't get them.
The odds of a Fed December rate cut are now very low. I think the marketplace handles that just fine, as long as the statement with this week's expected cut does not sound too tough, or too cautious.
In the market cap bracket between $5 billion and $100 billion sit some of the most egregiously overvalued, economically inefficient bubble stocks in this peaking market.
The Defense Department's potential $10 billion award for their cloud computing contract is a never ending saga with Microsoft and Amazon as finalists.
VanEck Vectors Semiconductor ETF, Twitter and Oracle are the three setups we're tracking.
Quintessential investor Graham described the stock market in the short term as an imperfect voting machine.
Larry Ellison's company continues to grow much more slowly than the broader enterprise software market. And it just declined to reiterate its full-year revenue growth guidance.
When we get this overbought, any negative news could turn into a violent pullback.
Following company news, a sell stop just below $51 looks like a good idea right now.
The bond market is running the show? The answer would be... as much if not more than anything else... again.
Outlining Okta's earnings prospects on Wednesday is a tale of tempting TAM and troublesome valuation.
CRM shouldn't be sagging with the broader tech sector.