Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The market is prepping for boom times, and that means tech companies no longer have the exclusive on growth investing
Now might be "a golden opportunity" to own the "secular tech winners" for the next 12 to 18 months, according to Wedbush analyst Daniel Ives.
Many tech stocks were hit hard on Thursday. The market sell-off has been particularly unkind to many of the growth stocks that surged in 2020. Highlighting how a bearish day in the overall market weighed on these stocks, the S&P 500 was down 1.4% at the time of this writing and the tech-heavy Nasdaq Composite was down about 2.4%.
Peloton's red-hot stock has hit the brakes.
Yahoo Finance’s Julie Hyman, Myles Udland, and Brian Sozzi discuss the market shift from stay-at-home stocks to growth stocks.
Stocks that outperformed during the coronavirus pandemic are now crashing. But should investors be selling their shares?
FEATURE Investors dumped their holdings in cloud-based software stocks on Wednesday, taking profits in last year’s hottest names and shifting cash to other sectors expected to benefit from an economic recovery late this year.
Shares of Peloton Interactive (NASDAQ: PTON), Zoom Video Communications (NASDAQ: ZM), and Tesla (NASDAQ: TSLA) were market darlings just a couple of weeks ago. Peloton and Zoom Video became poster children of the new normal during the early stages of the pandemic, only to be discarded when the COVID-19 vaccines started hitting the market. Let's take Peloton for a spin first.
Demand for Peloton Interactive's (NASDAQ: PTON) connected fitness products has been through the roof over the last year, which fueled a rocketing stock price. The pandemic brought a lot of new customers to Peloton, but there are two important factors driving Peloton's growth that are getting overlooked. Part of Peloton's growth strategy is to rely on word-of-mouth marketing.
Since their IPOs in 2019, Peloton Interactive (NASDAQ: PTON) and Pinterest (NYSE: PINS) share prices are up roughly 393% and 192%, respectively. Customer appetite for Peloton's products is so strong that delivery of most bikes takes over two months. Meanwhile, Pinterest was able to add 100 million monthly active users in 2020.