Trick or trend: Netflix disappointment doesn’t take down tech stocks
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Friday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. Netflix...Stocks that led the market up are now leading it down
Today Apple (AAPL) fell 3.96%. Facebook (FB) was down 5.72%. Amazon (AMZN) lost 5.09%. Netflix (NFLX) tumbled 5.45%. The big technology stocks that led the market up to historic highs are leading this fall off on a combination of general market nervousness and...Will today’s profit-taking turn into something worse?
I think today's market downturn is nothing more or less than profit taking. It's not surprising that investors and traders would sell Amazon (AMZN), for example, today (down 2.19%) since the shares were up 11.6% for the past 30 days as of September 4. The entire...This market’s volatility puzzle–it’s as if investors and traders don’t think risk is climbing in the general market
Facebook (FB) falls almost 20%. Netflix (NFLX) tumbles 14%. Twitter (TWTR) is down 21% on earnings. Intel (INTC) finished today down 9%. And yet the CBOE Volatility Index (VIX), which measures the price that traders are willing to pay to hedge risk VIX, the so-called...Some old market leaders try to reassert themselves
The market as a whole hasn’t gone much of anywhere this morning. As of 11:30 a.m. New York time the Standard & Poor’s 500 was ahead 0.25%; the Dow Jones Industrial Average was off 0.54%; and the NASDAQ Composite was down 0.15%. But that apparent non-action hides an effort by some stars of the last rally to reassert leadership