With retail stores shut and many consumers viewing smartphone upgrades as discretionary purchases, signs are mounting that smartphone demand has fallen sharply in recent weeks.
Where there is pain there is also opportunity.
Many people just can't resist the temptation of buying weakness as they are fooled into thinking it's a bargain, but there's no rush to buy anything right now.
These companies initially seemed to believe that regulators and law enforcement would drive out the illicit market dealers. That hasn't happened.
As we continue to implement social distancing, keep in mind that it will happen commercially as well.
Most of the Fed's programs have been aimed at financial markets functioning.
The five best performing and worst performing stocks in the S&P 500 in the previous quarter pretty much tells the tale of the tape, so here goes.
Checking out the charts of this consumer staples stock.
There are, however, some day trades to be had by the nimble and swift.
Index charts may be setting up to test their respective support levels.
PLNT could use its own personal trainer as the charts show lower lows likely -- now you have a real excuse to avoid the gym.
Kroger could produce strong earnings as it stands by its guidance, but uncertainty lingers, so here's how I'd play the name.
INTC has seen continued buying, and what draws me to AMD is the very different price pattern.
When the VIX becomes 'expensive' that is a sign that things are calming down.
The easy thing to do in this market is to start hunting for 'bargains' but there really is no reason to think that stocks have found a low.
With large parts of the economy shut down I wonder how sales can hold up.
The picture for AGCO is mixed.
The two portfolios, one active and the other passive, have sagged with the broader market but still are outperforming a pair of Russell value indices.
The technical signals for the producer of packaged foods are largely positive and point to litte overhead resistance for its shares.
Most of the media continues to focus on the national response to the coronavirus.
With Tokyo's coronavirus case count accelerating, investors are bracing themselves in case the still-bustling capital goes into lockdown.
A technical strategy for the cyberscecurity giant.
With the faster news cycle and quicker speed of transactions, it makes sense that a market bottom might be reached quicker. But this looks more like a retest than a bottom.
When others panic and sell, smart traders buy names such as ARW.
Trying to guess the exact market bottom increases your risk of buying at the wrong time. There is no way to know how much further the market may drop from here.
Now that we're up -- and haven't given it back yet -- I am asked how we can possibly retest with the Fed lending a helping hand ... here's how.
Should growth expectations have to come down for more than a few months due to macro headwinds, tech companies sporting high valuations will likely see multiple compression.
'The Fed has just put the economy in an induced coma, attaching it on fiscal and monetary life support, hoping that when the time passes it can be brought back to life.'
My market thesis remains that the recent strength is just a sizable counter-trend rally that will fizzle out -- and keep an eye on jobless numbers this week.