|Day Low/High||184.55 / 188.10|
|52 Wk Low/High||123.02 / 218.62|
Thanks to strong secular growth trends and perhaps also share gains against major rivals, Adobe and Salesforce are both reporting very strong growth for their marketing software segments.
* At the core of my cynicism is my view that the Federal Reserve and the European Central Bank (ECB) are pushing on a string and the likely negative outcome of the U.S./China trade negotiations "There is an old saying in Tennessee I know it's in Tex...
Facebook put a lot of work into laying the foundations for its Libra cryptocurrency project. However, its strategy for monetizing Libra is a very long-term one.
I have taken a trading layer short in the indices (as I increased the size on a scale higher throughout the morning) on top of my investment short. My average today on my short is about $292.65 and on my short it's $187.25. Some observations that ma...
Is Libra the next tectonic shift in tech? Is it even a cryptocurrency at all?
I have sold my remaining positions in Facebook , Amazon and Alphabet on the opening, booking large profits. All three stocks, which were placed on my Best Ideas List in late 2018, will remain on the List as I plan to buy back the stocks if we have a...
Facebook's first blockchain-backed payment initiative is here. Here's what investors and crypto enthusiasts need to know.
This initiative, targeting the unbanked, will go a long way to repairing FB's tattered reputation.
Plan to launch cryptocurrency makes tech company more attractive, but at current price, buying the name again on dips makes sense.
The company that's become a poster-child for scooping up private data is likely to benefit from launching its own cryptocurrency.
Investors might be missing the case for Facebook Watch amid the crypto focus. These analysts say they need to keep their eyes on the effort.
Facebook's charts don't look much better than they did earlier this month.
We're seeing slightly positive breadth at the get-go, but we seem to have returned to a FANG-based market with strength in Amazon , Apple Facebook Alphabet/Google and Netflix .
Facebook is fomenting optimism on its blockchain bets, despite traditional cryptocurrency criticism.
After a five-year hiatus I'm ready to start throwing whammies in several directions.
Chewy is challenging strong criticism with its disparate dual-class structure.
Chewy's initial public offering document has a lot of information for investors to gnaw on, such as its large ongoing losses and its ownership structure.
MoffettNathanson has cut its price target on Twitter from $28 to $25 - that's the lowest on the Street (average price target on Street is about $40/share). The brokerage believes that Twitter "is simply not spending enough" - citing that Facebook ha...
FedEx's rise on bad news and Facebook's fall on the same are two examples of how it's hard to figure out when enough's enough.
Let's review the charts and indicators.
This news that seem to indicate that the company's CEO was aware of problematic privacy practices, is taking down (-$5) Facebook's shares this morning. This week I took down FB, and from large-sized to small-sized. From yesterday: I must mention th...
Charts need work and some good leadership needs to develop. There is no reason to be overly negative but not much reason to be wildly bullish right now.
* And how I play the game! I must mention the pushback from a number of subscribers (mostly via email) that I have gotten from my move from large-sized to small-sized in Facebook , Alphabet and Amazon into this week's strength. To me the pushback is...
With the time frame on my net exposure being of a relatively short-term nature (from today to the next two to three months), I gradually have reduced my long book and have added to my short exposure in the last week's consistent advance. I do so bas...
There are a lot of questions about my trading today. For example, many ask why would I pare down to small-sized my favorite tech stocks ( , and )? Remember my overriding themes: * We are in a new regime of heightened volatility - in a market without...