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home / news releases / ESTC - Tech Retakes Leadership Role With Chips And Cloud Names Moving Higher I See A Pattern


ESTC - Tech Retakes Leadership Role With Chips And Cloud Names Moving Higher I See A Pattern

After A Shaky Start, the Indexes Continue their Upward Drive

Many market commentators suggested that the indexes retreated from strong futures based on the negative chatter coming from the trade talks.

I think this is just lazy assumptions. As I have asserted last week, I think ultimately the market is over the whole tariff thing. That said, there will be a time that the market DOES get so over-extended that a piece of negative news might become the catalyst only because it's the proverbial "straw over the camel's back". The jitters early in the week

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Stock Information

Company Name: Elastic N.V.
Stock Symbol: ESTC
Market: NYSE
Website: elastic.co

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