No Picture
Trading Ideas

Thoughts on Quitting While You’re Ahead

What’s the first thing you think about when you read the word “quit”? In American vernacular, the word’s had a bad rap for a long time.

Quitting is often seen as a sign of cowardice. And like Gen. George S. Patton famously told his troops about to storm into German-occupied France some 74 years ago, “Americans despise cowards.”

But quitting and cowardice are not necessarily one in the same. Quitting is not a bad thing if done for the right reasons.

We’re in the midst (some say the end) of the longest bull market ever. The unemployment rate is looking good – and …read more […]

No Picture
Business News

Jack Ma to remain Alibaba executive chairman, reveal succession plan next week: SCMP citing spokesman

Alibaba Group Holding Ltd’s co-founder Jack Ma will remain as executive chairman, and will unveil a succession strategy on Monday on his 54th birthday, South China Morning Post reported on Saturday, citing a company spokesman.

…read more […]

No Picture
Trading Ideas

NYSE trader: No way would I sell Apple or Amazon here—tech should bounce back

From the floor of the New York Stock Exchange, Matthew Cheslock joins Yahoo Finance’s Seana Smith to break down the latest market moves.

Here’s the performance of the Nasdaq 100 component stocks as of 2:00 pm EDT:

AVGO Broadcom Inc 7.48%
ULTA Ulta Beauty Inc 3.73%
EXPE(F) Expedia Grp Inc 3.45%
DISH DISH Network Corp Cl A 3.10%
ATVI Activision Blizzard Inc 2.10%
COST Costco Wholesale Corp 2.08%
LBTYA Liberty Global plc Cl A 1.86%
BMRN Biomarin Pharmaceutical 1.75%
EA Electronic Arts, Inc. 1.66%
LBTYK Liberty Global plc Cl C 1.61%
NTES Netease Inc Ads 1.43%
MELI Mercadolibre Inc 1.26%
STX Seagate Tech 1.17%
SBUX Starbucks Corp 1.13%
NFLX Netflix Inc 0.98%
MAR Marriott Int’l Cl A 0.94%
CMCSA Comcast Cl A 0.74%
MU Micron Tech 0.67%
CHTR Charter Communications Inc 0.59%
INTU Intuit Inc 0.54%
ADSK Autodesk, Inc 0.49%
EBAY eBay Inc 0.39%
QRTEA Qurate Retail Inc 0.39%
ADBE Adobe Systems 0.39%
VRSK Verisk Analytics Inc 0.37%
CELG Celgene Corp 0.37%
AMGN Amgen Inc 0.30%
TTWO Take-Two Interactive Software 0.29%
AAPL Apple Inc 0.24%
SNPS Synopsys Inc 0.24%
ESRX Express Scripts Hldg Co 0.18%
WYNN Wynn Resorts Ltd 0.09%
ORLY O’Reilly Automotive, Inc. 0.12%
CA CA Inc 0.11%
HSIC Henry Schein Inc 0.15%
WDAY Workday Inc 0.11%
NVDA Nvidia Corp 0.10%
CTSH Cognizant …read more […]