Stock Market Today – What To Know For January 30, 2020
Earnings and disease. That’s what’s in the news today. While the broader markets continue to see pressure following coronavirus concerns, individual companies are reporting strong earnings. As some may consider this a “stock picker’s” market, the unusual dynamic has been created. Usually, with strong earnings, we see things like the SPY and QQQ push toward new highs. But that’s different right now; why?
ROKU Stock Is The Biggest Gainer in 2019: How to Trade Now?
Over the past couple of years, video streaming device maker Roku Inc (NASDAQ:ROKU) has emerged as one of the strongest growth stocks, and in 2019, the stock gained as much as 337%. However, it should be noted that Roku has not been a publicly listed stock for too long, and in fact, it had its IPO back in September 2017.
How Should You Trade Netflix Stock After The Earnings
For a long time, Netflix Inc (NASDAQ:NFLX) had been the undisputed king of the video streaming space, but over the past two quarters, it received some jolts, and new competition emerged as well. On Tuesday, the company released its financial results for the fourth quarter, and the streaming giant seems to have come back on track quite strongly.