One of the biggest signals a stock can give is when it is moving opposite the market, especially on bullish up days. Today ROKU is down over 2.75% on a day where the NASDAQ index is up over 1%. If the market goes neutral or bearish, I expect ROKU to continue moving downward strongly.
Recent Related Articles
Amid a Bullish Yet Choppy Market, Here’s What Investors Should Do Now
How Our Traders Learned to Stop Worrying and Love the Volatility
As the Rally Pushes Its Luck, the Smart Money Seeks “Defensive Growth”
Friday Outlook: Next Week’s Setup—and a Tax Trick for Portfolio Laggards
How to Beat the Casino Economy (Without Losing Your Shirt)
Friday Outlook: The Fed, Not the Trade Truce, Calls the Shots
The Bull Turns Three and Refuses to Act Its Age
Friday Outlook: The Economy Makes No Sense — But Smart Investors Can Still Win
Exploring the Future of Options Trading with AI