This down-and-OUT stock is worth way more than its current value during this market drop and volatility on fear of the coronavirus pandemic.
With the Fed announcing bazooka liquidity measures as selling took a breather, it allowed the market to rally back to the next level of resistance of around 2600. But now what?
I expect we will be testing and retesting and seeing more rallies and more testing in the months ahead -- so if watching the blinking tickers gets you on edge, take a step back.
The Snapchat parent was burning cash going into this year, and it's now likely seeing its ad sales slump and its cloud infrastructure expenses spike.
The bounce the last two days was classic bear market action.
After a strong day for fixed-income markets, let's learn from 2008 how to play this volatility.
Let's review the charts and indicators.
Often times this kind of 'knee jerk' rebound is not sustainable
Whatever short-term positive impact the bounce of the past two days is having will be just that: short-term.
TGT does not look ready to participate vigorously in a recovery rally.