Nike is a name that draws a good amount of business from China.
Nothing from Alphabet's CEO changes has me thinking short. In fact, I'd use any weakness to consider a long side trade.
As leadership changes at the tech giant, the real driver for the firm remains the search engine, and the advertising revenue that it and YouTube can produce.
GOOGL said Larry Page is stepping down from his co-CEO position, and Sundar Pichai will be CEO of both Google and its parent company.
Despite fluff and puff of UNH's analysts' day, little here screams for getting in right now.
There is no doubt in my mind that the firm is executing at a high level.
Time to review the charts and indicators.
I don't have an inkling to go long or short. If I already held a position, I would continue to hold, but there's no trigger here to begin a new position.
I think AMZN could provide a good very short-term trade from the long side... this week.
The technical signs of the online giant are pointing its stock moving higher after an extended period of sideways action.