Articles tagged with $DJUSNS

Growth stocks have had a very big run heading into the upcoming earnings season and we've recently seen a bit of consolidation/selling among these stocks - and it might just continue. Semiconductors ($DJUSSW) have held up well and continue to push to the upside, but software ($DJUSSW) and internet ($DJUSNS) have both seen some profit taking recently....keep reading

When I think of aggressive growth stocks, my mind generally turns to semiconductors ($DJUSSC), software ($DJUSSW), and internet stocks ($DJUSNS). Recently, we saw a huge breakout from the semiconductors group. Last week, it was software that was able to close at a multi-month high. And now, I'm watching and waiting for internet to make their move and clear the early-February high:...keep reading

It's been a very rough year for many stocks, but few have been beaten up as badly as Meta Platforms (META, formerly Facebook). META hit a 2002 high on January 4th at just above 343. Ten months later, on November 4th, META reached its low at 88.09. That's nearly a 75% haircut in less than a year. Ouch! META's latest miscue came as it reported its Q3 quarterly earnings. After coming up significantly short of its EPS consensus estimate and issuing a Q4 warning, META gapped down, taking out its previous price support of 123.53. Despite its weakness in early November, META staged a rally, reaching a high close of 123.49 last Friday. Unfortunately, that's where its current advance ended....keep reading

You can't just threaten to make a breakout, you actually have to make the breakout. With Pinterest, inc. (PINS), it's the actual breakout that we need to see. Internet stocks ($DJUSNS) have been both absolute and relative laggards, but stocks like PINS are beginning to show some relative strength amongst industry peers. I just wouldn't be ready to follow stocks like PINS until it at least makes a key price breakout. Check out the chart here:...keep reading