|Day Low/High||87.10 / 94.34|
|52 Wk Low/High||84.63 / 176.66|
SPLK is higher on the day but off its best levels -- here's what that means for investors.
It's not that I don't think that SPLK can succeed, it's just that they are going to have to show me that they can.
Overnight, commodities such as crude oil, natural gas, corn, and wheat continued to soar in dollar terms.
Right now, there are three boxes that traders and investors are trying to compartmentalize everything into.
There is a good reason, if estimates are close, to believe that consumer-level inflation has peaked or is peaking.
The tech sector's tumble might have more in common with the events of 1987 than those of 2000/2001. If this proves the case, some buying opportunities are forming.
Jerome Powell must be very worried about Omicron and the variant's ability to prolong inflation where it might have started to ebb.
Let's check out the charts and indicators before Wednesday's quarterly report.
It was as if equity markets had taken the day off. Not bond markets, however.
The charts of the data and analytics company continue to flash positive signs.
I could be wrong, but as far as I can tell, nobody else is telling the story about the sudden movement in these yields.
One cannot say that the financial marketplace is completely disrespecting or indifferent to what Fed Chair Powell may signal.
The charts and indicators suggest a good bounce to the upside.
Also, the ISM survey results showed us a few trends that at least appear as potential if not troubling question marks on the horizon.
Cheaper software stocks have often sold off lately in tandem with more expensive peers. That arguably creates some opportunities.
Among other things, Intel disclosed weak server CPU sales figures and shared more details about its plans to battle TSMC and Samsung in the foundry market.
Once you recognize that growth versus value is a false dichotomy than we can figure out what's ailing so much of the market.
Tech companies likely to see revenue growth inflect higher could continue doing well, as might relatively inexpensive ones that are poised to continue growing.
This isn't an aggressive trade in my view but I'm not sure I want to be aggressive here.
Among other things, the president works to align Democratic senators to support his massive Covid relief bill.
On the back of several major market indices putting in fresh highs this week, we have a bunch of fresh Buy ratings (and a sell, too): Adobe initiated with a Buy at Goldman; target $580 Intuit resumed with a Neutral at Goldman; target $430 Meritage ...
The hack stands to drive an uptick in corporate and government spending to protect both on-premise and cloud assets.