|Day Low/High||351,51 / 360,48|
|52 Wk Low/High||244,13 / 377,55|
When we combine the poorly placed HOOD IPO with the startling miss and guidance markdown in Amazon, the stage seems to be set for a correction.
Good money management is such a powerful tool that traders should be able to make money even when stock selection is entirely random.
There were positive earnings call takeaways for AWS, YouTube and Microsoft Dynamics, among other businesses.
There are at least three key political questions playing out.
* History rhymes * But this time Robinhood stole from both the rich and the poor * The Robinhood IPO reminds us of the previous April 2021 direct listing of Coinbase (top in cryptocurrency prices) and the LaBranche IPO (top in the markets) in July 1...
Plus, we take a deeper dive into the second-quarter GDP numbers.
The big question is whether everything will be dragged down together or whether there will be some tradable rotation.
Let's see how in July complacency has returned in full force when it comes to these super stocks.
No, it wasn't Robinhood or the mega-cap tech companies, it was names we depend on like Carrier Global.
We've all heard about the rise of social media influencers on Facebook's Instagram and Google's YouTube, and we are now seeing apparel companies begin to embrace them in a more meaningful way. According to PYMNTS.com: Influencers will be getting an...
According to reports, in the last 90 days, Facebook insiders sold 2,402,070 shares of company stock valued at $807.3 million. Let's hope trickle down economics are at work here and they all do their best to help stimulate the economy.
Their earnings were a blowout but it's too dangerous to short the name.
There just isn't much downside left in most of the small-caps that have already been hit hard.
Are traders and investors confused? Possibly. Was that the intent? No, but I think Jerome Powell is fine with that.
After reopening its offices in New York and San Francisco two weeks ago, Twitter is closing those offices. Facebook is requiring its U.S. workers that return to the office to be vaccinated as is Alphabet . Netflix introduced a blanket policy manda...
Here's what investors need to know to discern the direction of stocks during what can be a confusing season.
Senior indices and many big-caps are technically extended and prone to 'sell the news' reactions.
Thanks for reading my Diary today. I will be out tomorrow but you will be in the very able hands of Chris Versace. Enjoy the evening. Be safe. See you all back early Friday morning. PS: Here is a more detailed analysis of the Facebook release.
Second-half guidance at Facebook is disappointing. I am offering some more FB to short at about $360.
I put out a very small short in Facebook ($373) right before the EPS announcement. I expect a beat. I also expect that the beat to expectations is in the price of the stock -- and then some! Added to my QQQ short. More shortly.
What if Beijing plays the power game with foreign firms reliant upon Chinese revenue, Chinese labor, or simply Chinese economic growth?
Why we ever allowed Chinese businesses to raise capital, our capital, on our shores, is beyond me.
Recent news about Travelzoo and Albireo Pharma offer reasons to think those shares could be heading higher.
This week will tax your brain. Your ability to focus on what really matters will be tested.
Circling back to my comment on earnings expectations for the second half of 2021, next week we will see a more than 250% jump week over week for the number of earnings reports coming at us. That's right, just under 1,000 of companies are slated to r...