|Day Low/High||60.45 / 62.67|
|52 Wk Low/High||38.93 / 80.75|
Okay, gang. Closing time. Equity markets shaded mostly red. The Nasdaq Composite gave up 0.82% on heavy trading volume. The S&P 500 gave up just a smidge, while the Dow Industrials actually gained some small ground thanks to American Express . Only ...
Plus, Snap Inc. disappoints with its guidance as Apple lets users opt out of being tracked by individual apps.
I'm not going to make a move in front of earnings, but if the company executes well on this, it's going to be huge for them.
Here's why fears of a Dow Theory nonconfirmation signal are over blown.
ARK Invest sold a ton of Twitter yesterday - after only recently buying the name. Frankly, I have no clue what she is doing.
Here's how they're approaching the market and the Delta variant's impact.
The biggest problem that the market faces is that good fundamentals and news are not producing positive price action.
After reopening its offices in New York and San Francisco two weeks ago, Twitter is closing those offices. Facebook is requiring its U.S. workers that return to the office to be vaccinated as is Alphabet . Netflix introduced a blanket policy manda...
I'm grateful for those who say that they like to short everything I like because crow is a dish best tasted cold, and are they ever eating a ton of it.
* Has ARK Invest begun trading from the rear view mirror? * ARK purchased Twitter shares on Friday after the big quarterly beat - where is the value added and anticipatory analysis? * ARKW purchased Disney shares yesterday - where is the value added...
Will investors (ARK bought 1.2 million Twitter two days ago, yesterday it was -$4) begin shorting stocks that Cathie Woods is lifting? Cathie Wood & Ark Invest's trade activity from today 7/26 pic.twitter.com/H8WHGoj5lk — Ark invest activity (Not af...
Twitter is down by over -$4/share today. As I noted earlier ARK Invest purchased 1.2 million shares of Twitter on Friday. I am short ARKK.
While indices are hitting all-time highs, 60% of stocks are struggling or in outright bear markets.
While big-caps are doing well and driving the indices, breadth is weak and small-caps are struggling.
Small-caps and mid-caps are still picking first downs on every play, storming back from a badly oversold condition that has just about normalized.
The official action would come as Hong Kong's rights and differences from mainland China erode.
Be careful who you take your views and momentum trades from as the market does feel like it is changing.
And that leads me to the natural resources space.
Better luck next time: The Federal Court beat down the FTC and the states in it's case against FB.
The public seems to have resigned itself to dealing with a greater degree of inflation for longer than anything I would have considered to be 'transitory.' The again, the public is often as wrong as the Fed.
Ever hear of the Cleveland Fed's median CPI? Trust me, every kid sitting at the FOMC table is glued to this indicator.
If you're looking for exposure outside the U.S., and to protect yourself from raging inflation on a global basis, here it is.
Twitter was placed on my Best Ideas List (long) in March, 2017 at $15.75 - it is now trading above $58. Tweet, tweet(!): Thomas C Twitter launching 'Blue' subscription service at $2.99/month Twitter (TWTR +0.3%) is unveiling a long-awaited subscr...
I could see a volatility play here with a straddle or strangle play in the options market.
If speculation is coming back into the market, then buying the breakouts and winners is the way to go.