|Bid||71.73 x 1000|
|Ask||71.95 x 1100|
|Day's Range||70.83 - 73.78|
|52 Week Range||30.72 - 89.54|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||80.56|
It was a message meant to warn investors that stocks were in jeopardy. But, as has been the case for months now, investors ignored the warning.The message in question came from Morgan Stanley's chief United States equity strategist Mike Wilson, who noted on Monday that "The puts have expired." In other words, "With the Fed's first rate cut in a decade not having the desired effect on markets and a trade deal looking less likely every week, these two puts (the Fed and Trade Deal) may have expired, leaving investors facing the potential reality there is no second half rebound coming."InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe market may have shrugged off the warning and sent the S&P 500 up to the tune of 1.3%, on the heels of comments from Commerce Secretary Wilbur Ross. The country's chief business development leader explained in a Fox Business news interview that the government had extended a temporary license allowing an otherwise-banned Huawei to do business with U.S. partners.The added 90 days not only gives its American customers time to make alternative arrangements, but tacitly suggests the current administration is becoming more flexible on trade matters. The Nasdaq Composite outpaced the S&P 500, rallying 1.4% in response to the easing trade tensions with China. * 7 Safe Dividend Stocks for Investors to Buy Right Now The unwinding of last week's inversion of the bond yield curve may have played a role in re-inflating confidence as well. Top News in the Stock Market TodayPG&E Corporation (NYSE:PCG) isn't out of the woods yet, it seems. Shares of the utility company implicated in last year's California wildfires had been on the mend. PCG hit bottom in January, when it appeared regulators and lawyers weren't looking to destroy it. Last Friday, however, a U.S. bankruptcy judge determined that an $18 billion suit against the company for damages and death could proceed after all, even during bankruptcy proceedings. The news sent PCG stock down by 25% today.Sina (NASDAQ:SINA) rallied 15% on Monday, after reporting earnings of 73 cents per share on revenue of $533.1 million. Analysts were only calling for a top line of $510.2 million and earnings of 47 cents per share.The move would inspire other Chinese stocks higher, boosted by hope for repaired trade relations. Weibo (NASDAQ:WB) was one of them. Compared to Twitter (NYSE:TWTR), WB stock jumped 14% on Monday in step with other Chinese names after posting a solid second-quarter earnings beat of its own.Bio-pharma name Jaguar Health (NASDAQ:JAGX) reported on Monday that its Crofelemer had proven effective as a means of controlling diarrhea in dogs that had been dosed with tyrosine kinase inhibitor. Tyrosine kinase inhibitors are a means of fighting cancer in human patients, but they can cause dire side effects. Jaguar Health hopes to use Crofelemer in human clinical investigations in the future. Big MoversA relatively obscure Zscaler (NASDAQ:ZS) took center stage on Monday, falling 11% after OTR Global downgraded the cybersecurity name. Over the course of the past 12 months ZS shares had doubled in value. This made the stock an easy profit-taking target.Bouyed by Sina, Chinese stocks also bounced on possibly improving trade ties with the United States as well. However, it was stocks of companies that digitally serve Chinese consumers that led the way. Iqiyi (NASDAQ:IQ), sometimes referred to as the Netflix (NASDAQ:NFLX) of China, gained more than 6% headed into its post-close earnings report that had some investors hopeful.Baidu (NASDAQ:BIDU) was up more than 8% in front of its earnings report slated for release after the closing bell rang as well.As of the time of this writing, James Brumley did not hold a position in any of the aforementioned securities. To learn more about James, visit his site at jamesbrumley.com, or follow him on twitter at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Stock Market Today: Baidu and Sina Lead a Recovery of Chinese Stocks appeared first on InvestorPlace.
Zscaler stock sold off on Monday despite a broad rally in technology companies as OTR Global downgraded the cybersecurity firm to negative. Shares plunged by double digits at one point.
The Dow Jones Industrial Average has jumped more than 880 points, or 3.5%, from last week's low as chip stocks, oil and Chinese equities strengthen.
Stock futures soared amid President Trump's China trade comments. The choppy stock market rally is hard to handle, with Microsoft and other breakouts struggling. Apple and Zscaler lack bases.
Veeva Systems, Paycom Software and HubSpot, leaders from the No. 1 software sector, are near buy points. Zscaler and Atlassian are near highs.
The Dow Jones Industrial Average rallied more than 1%. At 25,892, the blue chip index is still poised to fall for a third week in a row.
Shares of Silicon Valley's biggest companies fell sharply on Wednesday as the Dow Jones Industrial Average closed out its worst day yet of 2019.
Many cybersecurity stocks enjoyed a big run this year. But shifts in corporate spending to cloud computing could determine winners in 2020 and beyond.
Stock futures fell on Hong Kong unrest as all flights were cancelled. AMD, Lockheed Martin, Zscaler show relative strength in the stock market correction.. Apple and Amazon.com do not.
The start of a major uptrend is hard to spot if you learn how to trade growth stocks and rely solely on news headlines. Look for this specific chart action.
SAN JOSE, Calif., Aug. 06, 2019 -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, will release fiscal fourth quarter and fiscal year 2019 earnings after the market.
Symantec's (SYMC) fiscal Q1 results may benefit from improvement in Consumer Cyber Safety business. However, declining hardware business amid intensifying competition is a concern.
CTO & EVP of Eng/Cloud Ops of Zscaler Inc (30-Year Financial, Insider Trades) Amit Sinha (insider trades) sold 44,982 shares of ZS on 08/01/2019 at an average price of $84.96 a share. Continue reading...
Akamai (AKAM) Q2 results benefit from solid adoption of security products and solid growth in traffic in Media business and OTT video downloads. However, Akamai issued bleak Q3 guidance.