October 27, 2020, 12:53 am EDT
Roaring Bikes
After yesterday’s sharp selloff with -650 DJIA points, today markets seem stabilized with a mix of up (Nasdaq), down (DJIA) and flat (S&P500).
Nasdaq is among the strongholds with AMZN, AAPL, MSFT, FB mega technology.Semiconductor XLNX +7%), network (FFIV +9%), and software (CRM +3%) shows bright spots.
More important thing to notice is the consumer discretionary industry. Harley Davison (HOG) made a loud voice from its earning report with +24% gains. Other famous names are also worthy of attention: TIF +5%, SKX +4%, SHOO +9%, CHWY +6% that could be considered to add to watchlist and even portfolio during pullback.
But, it is also essential to keep eyes on the election next week. It could be the turning point for the next 3-6 months.
