Newly formed TikTok Global will remain a Chinese subsidiary, but plans an IPO, while WeChat is spared a U.S. ban by court action.
The recent market leaders appear to be running out of steam, while stalwart stocks are grinding higher, with Verizon notable among them.
Buyers of the social media company's stock have been more aggressive over the last few months.
I would only suggest a starter long position ahead of Thursday's earnings.
Trading volume tells me buyers of TWTR have been more aggressive.
JCOM has overhead chart resistance and little in the way of aggressive buying.
I just don't think ZM will ever be able to justify the current price with earnings.
With SNAP and PINS we can't predict what's going to happen, but with a watchlist, we can say, 'if this happens, then I'll respond by doing that.'
Plus, Disney will report earnings after Tuesday's close amid big challenges and Chicago Fed President Charles Evans' blunt economic assessment.
Plus, it could be quite a while before the labor market can absorb all those people who are out of jobs.