Shopify: The Party Just Won't Stop

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About: Shopify Inc. (SHOP)
by: Graham Grieder
This article is exclusive for subscribers.
Graham Grieder
Momentum, portfolio strategy, medium-term horizon, long-term horizon
Summary

Shopify crushed Q2 earnings, and the stock is surging forward.

The company continues to try and set itself apart even though the valuation is challenging.

Shopify reached all-time highs today on the earnings news and is resting on fairly solid support.

Tech has without a doubt carried the torch for the markets in this recent rally. Many stocks are still struggling to get back to where they were pre-COVID, but tech stocks are flying high. This