|Day Low/High||614.55 / 641.74|
|52 Wk Low/High||118.60 / 643.97|
I would suggest buying RH on strength rather than weakness.
This week's big energy story? A giant container ship is stuck in the Suez Canal and could be stuck there for days.
Traders should be patient with GRWG ahead of earnings, according to the charts and indicators.
We are nearing the home stretch for the first quarter, so here's what's on tap.
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
It's a stock that underperformed the last two years but would likely excel in a year of renewed growth in economic activity.
There is little to no fear in the air, relative to what we as investors, and we as a people, have been through.
At some point, there will be a fiscal support package passed -- but only when both sides think they can take the credit.
Also, Salesforce posts successful quarter and announces Slack acquisition to effectively take on Microsoft.
The price of RH could climb higher with a buy rating from TheStreet's quant service.
The Fed's money pumping has elevated new tech, but Jay Powell and the government haven't done any favors for many other stocks.
We must see equity markets, the Nasdaq Composite and Nasdaq 100 in particular, fight back this week to keep on believing in this market.
Plus, reading tea leaves in the recent action in Apple and Salesforce.com.
This market is broken, and here's the good news and bad news about trading in it right now.
RH has gone from $80 to $170 and look at the action for SmileDirectClub and others, but let's now set our sights on the iShares Russell 2000 exchange-traded fund.
Amid the sea of news hitting the tape this morning, here's a short list of Upgrades and Downgrades. Upgrades: International Flavors upgraded to Overweight from Equal Weight at Wells Fargo; Target raised to $150 Juniper Networks upgraded to Buy from...
RH has been beaten down, but retail is showing some signs of life with each improvement in COVID-19 data.
The luxury home furniture gallery reports financial results for the fourth quarter and fiscal year ended February 1, 2020, after Monday's market close.
I do believe that having no economy is temporary. I also believe that what comes out on the other side will be smaller, far less global.
Profiting from Zoom, adding to Verizon and watching Microsoft as we wait for data on employment and how the fiscal support bill will play out.
I still don't think it's a terrible time to begin accumulating shares in quality companies for the long-term.
The options market has been active on this one favoring bullish behavior.
For both names, I would simply take a small nibble on the stock approach.
The retailer just got a Buy recommendation and the technical picture is bullish.
I believe a put or put spread is the best approach to play the downside.
How companies talk about tariffs is becoming a defining characteristic going forward.
Plus, checking in on the yield curve, the Put/Call Ratio, political gamesmanship here and abroad, and a handful of tech names.