US Stock MarketDetailed Quotes
ADBE Adobe
- 560.540
- -7.280-1.28%
Close Aug 28 16:00 ET
- 565.670
- +5.130+0.92%
Pre 09:10 ET
248.54BMarket Cap50.45P/E (TTM)
569.590High557.670Low1.29MVolume568.220Open567.820Pre Close724.74MTurnover0.29%Turnover Ratio47.42P/E (Static)443.40MShares638.25052wk High16.75P/B247.88BFloat Cap433.97052wk Low--Dividend TTM442.22MShs Float699.540Historical High--Div YieldTTM2.10%Amplitude2.918Historical Low561.946Avg Price1Lot Size
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Adobe Stock Forum
Probably most are adopting the wait and see approach.
On a side note, new jobless claims rose slightly more than expected, which might have dampened yesterday’s mood.
$Snap Inc (SNAP.US)$ $Spotify Technology (SPOT.US)$ $Coca-Cola (KO.US)$ $PepsiCo (PEP.US)$ $Nike (NKE.US)$ $Disney (DIS.US)$ $Adobe (ADBE.US)$ $CrowdStrike (CRWD.US)$ $Enphase Energy (ENPH.US)$ $GlobalFoundries (GFS.US)$ $ChargePoint (CHPT.US)$ $Logitech International (LOGI.US)$ $ARK Innovation ETF (ARKK.US)$
The latest CPI showed that the US inflation falling is falling, which gives market and the Federal Reserve a further boost for a rate cut in Sep.
The carpet is laid out nicely for the Fed
Meanwhile, S&P 500 has recovered and recouped all the losses from its 5th Aug’s sell off.
$Tesla (TSLA.US)$ $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$ $NVIDIA (NVDA.US)$ $Super Micro Computer (SMCI.US)$ $Alphabet-A (GOOGL.US)$ $Meta Platforms (META.US)$ $Amazon (AMZN.US)$ $Netflix (NFLX.US)$ $Adobe (ADBE.US)$
What happened: last Monday, we saw a global market sell off. But by the end of the week, the US stock market has staged an incredible comeback by recovering almost all of the week’s losses!
Here's the question many have in mind - is this is a dead cat bounce?
$Palantir (PLTR.US)$ $Adobe (ADBE.US)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $iShares Bitcoin Trust (IBIT.US)$ $Bank of America (BAC.US)$ $NIO Inc (NIO.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ ...
Mostly dominated by china companies
$Tencent (TCEHY.US)$ $TENCENT (00700.HK)$ $Ping An Insurance (601318.SH)$ $Baidu (BIDU.US)$ $BIDU-SW (09888.HK)$ $IBM Corp (IBM.US)$ $Alibaba (BABA.US)$ $Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ $ByteDance (FT0001.FT)$ $ByteDance Ecosystem (BK1266)$ $Microsoft (MSFT.US)$ $Huawei Hongmong (BK0795)$ $NetEase (NTES.US)$ $CHINA MOBILE (00941.HK)$ $State Grid Information & Telecommunication (600131.SH)$ $Adobe (ADBE.US)$ $Sony Group (6758.JP)$ $Sony (SONY.US)$ $ICBC (01398.HK)$ $SIEMENS AG (SIEGY.US)$
If overnight trading and pre market movement are of any indication, we could see one of the worst single-day selloff in years.
Buckle your seatbelt. We will be in for a wild ride today.
$Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $Amazon (AMZN.US)$ $Apple (AAPL.US)$ $Microsoft (MSFT.US)$ $Meta Platforms (META.US)$ $Alphabet-A (GOOGL.US)$ $Netflix (NFLX.US)$ $Adobe (ADBE.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Alibaba (BABA.US)$
And it seems like it’s happening again today.
$Tesla (TSLA.US)$ $Super Micro Computer (SMCI.US)$ $NVIDIA (NVDA.US)$ $Invesco QQQ Trust (QQQ.US)$ $NASDAQ 100 Index (.NDX.US)$ $Alphabet-A (GOOGL.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Adobe (ADBE.US)$ $Salesforce (CRM.US)$ $SPDR Gold ETF (GLD.US)$ $iShares Russell 2000 ETF (IWM.US)$ $Amazon (AMZN.US)$
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