|Day Low/High||1,899.92 / 1,939.79|
|52 Wk Low/High||1,626.03 / 2,185.95|
Based on yesterday's results I would raise my entry level to buy Amazon from $1750 to a range of $1900-$1950. Given my (negative) market view I would not be surprised if the stock trades in that range (in a correction).
* Amazon, the "Supreme Disruptor," has established an insurmountable first-mover advantage and a deepening competitive moat. * Amazon's profit runway is lengthy and (as witnessed by last night's report) underestimated. * I previously saw the company...
Cryptocurrencies do offer public value in their ability to move stored wealth across national borders in times of crisis.
* I didn't have my pajamas on last night! * The strong and broad market rally from Thursday morning's lows was aborted last evening as futures fell hard from the night's highs "Workin' on our night moves Trying to lose the awkward teenage blues Work...
The market can't make up its mind about the danger of the coronavirus, but traders keep buying the weakness.
This may be a narrow market, but it certainly has strong support.
It was a glorious recovery from the day's lows and the after-hours Amazon sales and EPS beat will likely continue the celebration into tomorrow. I was very patient and my lack of conviction worked to my advantage as I did not short the reversal (des...
There's good spend, bad spend, and no spend.
It's no secret that the Fed would like to get out of the short-term repo business.
Tesla has the 3 key ingredients that help a loss-making company to succeed: the brute force of the founder, the unbelievable nature of the product and breathtaking execution.
* Hedge funds grow unpopular. * Why market timing is appealing. * What do Amazon , Google and Salesforce have in common?
* I am giving the market a wider than usual berth to rally before I reshort "When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you've got to get up and dance." - Chuck Prince (2007) I am qu...
E-commerce and AWS growth rates, shipping expense growth and 2020 spending commentary are among the things to track.
Let's instead do the kind of security analysis you have to do if you are going to navigate this moment.
Chinese President Xi Jinping, not a man given to exaggerate, has referred to the spread of this coronavirus in China as 'a grave situation.'
Here's why we must closely watch earnings for Alphabet, Apple, Amazon and Microsoft.
Don't get me wrong. This is not a bad name, and the quarter reported is not bad by any means.
Think about where Amazon went from $76. That's where one of these favorites could go.
This time it's different? This time it just might be. Enough to buy the shares?
Growth indices soundly trounced value indices in 2019 and it's starting the same way this year, but that trend can't last forever.
What does Tesla do? It's an electronic delivery vehicle. Right now others have cars that are electrified but they are not electronic delivery companies like Tesla is. That's right, it is not a car.
More gains lie ahead for shares of the retailer.
Income investors can invest in a turnaround here.
Which is older: the current bull market or Betty White?
MSFT is not one of my names that has just kept on hitting target prices, thus forcing decisions. The stock is getting close though.
The last few days have seen the topic of brick & mortar vs. digital or e-commerce sales once again take center stage. We chatted on this very topic this morning... but we have yet another confirmation sign in the following headlines: Bose is shutti...
The easiest mistake to make right now is to say that this can't continue for long. That simply is not true.
December Retail Sales ex-autos rose 0.7% vs. November, and 6.3% year over year. Excluding gasoline, however, December Retail Sales rose 0.1% month over month and 5.3% year over year. Quickly looking at the data from a year over year viewpoint, whic...
Signet Jewelers has reported same-store sales that rose 1.6% for November and December, led by North American same-store sales that rose 2.0%. Digging into the details, we find a familiar pattern -- the company's e-commerce sales rose 13.5% during t...