Stocks Weather Apple News: RH Breaks Out, PAAS Nears Buy, InMode Dives

TL;DR

The major indexes, including the S&P 500, Dow, and Nasdaq, showed resilience even with negative coronavirus news and warnings from Apple. The Nasdaq remained almost flat.

Transcript

[Applause] good afternoon from Los Angeles and welcome to stock market today on today's show we're checking in on the charts of our H in mode and Pan American silver but we begin with a look at the major indexes it's Alisa core I'm here with Edie Carson and Edie we saw a pretty quiet clothes actually even though we were down for pretty heavily much... Read More

Key Insights

• 🫰 Despite negative news and warnings, the major indexes showed resiliency, with the Nasdaq remaining almost flat.
• 😥 Our H stock has been performing well and broke out to new highs, gaining about five point eight percent.
• 😚 InMode stock experienced a sharp reversal, closing down about 7.4 percent after early gains on earnings, highlighting the importance of caution with volatile stocks.
• 💪 Pan American Silver stock showed strong performance, up about seven percent ahead of its quarterly report, along with other gold and silver names in the sector.
• 🙈 Individual stock movements can be unpredictable, as seen with InMode's decline despite positive earnings, emphasizing the need for careful analysis.
• 👀 Investors should watch out for specific stocks in the gold and silver sector, as they show potential for both hedge and growth.
• 😥 The market update provides valuable insights for investors, pointing out opportunities and cautionary notes.

Questions & Answers

Q: How have the major indexes been performing amidst the coronavirus headlines?

Despite negative news and warnings from Apple, the major indexes have shown resilience, with the S&P 500 finishing down about three tenths of a percent and the Dow down six tenths. The Nasdaq remained almost flat.

Q: What was significant about Apple's warning and how did it impact the stock market?

Apple's warning signaled that it would not meet its guidance due to the coronavirus impact. Despite this, the stock managed to close flat and the Nasdaq remained almost flat as well. Other companies are expected to issue similar warnings.

Q: What notable stock movements were mentioned in the analysis?

Our H stock broke out to new highs, gaining about five point eight percent. InMode stock reversed lower, closing down about 7.4 percent after early gains on earnings. Pan American Silver stock showed strong performance, up about seven percent ahead of its quarterly report.

Q: How should investors approach volatile stocks like InMode?

Investors should exercise caution when dealing with volatile stocks like InMode. It is advisable to wait for a period of time, such as five minutes or the first hour, before making a decision to buy or sell. InMode has a history of big swings, and sizing positions accordingly is important.

Summary & Key Takeaways

• Despite negative coronavirus headlines and warnings from Apple, the major indexes showed resiliency, with the S&P 500 finishing down about three tenths of a percent and the Dow down six tenths.

• Apple issued a warning about not meeting its guidance, but managed to close flat. The Nasdaq remained almost flat as well.

• Stock analysis includes a breakout in our H stock, a reversal in InMode stock after early gains on earnings, and strong performance in Pan American Silver stock ahead of its quarterly report.