|Day Low/High||200.45 / 202.33|
|52 Wk Low/High||123.02 / 218.62|
Rarely in my scans do I find a company with this type of history.
SBUX is no longer the growth stock it once was but it is still often viewed as a value play.
Back in April I said that Facebook could be dead money for the rest of the year - and I have been intermittently short in the interim interval. This afternoon my pal Steve Cortes has some solid thoughts about FB - which I agree with:
Perhaps it is worth it to remember how fabulous these companies are so we can understand why they can come back.
The misery of October may be ending, but when the market action is as bad as it has been participants should not be too trusting
This stock moves fast, so acting on target prices and panic points is essential.
I don't share the market's optimism in the after hours (post Facebook ) -- more on that tomorrow. Facebook mentioned a number of headwinds and challenges which will be costly and will likely end up with slower sales, reduced profit and disappointing...
FB is acting like the worst has been priced in and that is what we need.
Facebook needs to show it can still drive engagement.
The big issue is whether all the bad news has already been discounted.
Despite the controversy, Facebook is still first in advertisers' minds.
The risk of another big-cap, FAANG selloff is still quite high, however.
A bullish divergence can foreshadow a rally but it is not a strong relationship that always works.
Facebook's short interest is not fading into earnings.
My target price and panic points have changed, and I am watching for a chance to add or shave some off, depending on which direction the stock takes.
2018 is finally showing us better management of the company's expenses relative to its revenue growth.
I am looking to put more capital to work in select small caps.
The momentum of acquisitions isn't stalling. Here's what names might be in the mix.
* The dark ages! * The RHT deal is a belated move that smacks of desperation and failure to grow organically For years IBM has been buying its shares into a backdrop of declining fundamentals. Over the weekend, IBM announced the acquisition of Red...
The market's reliance on FB, AMZN, NFLX and GOOGL has been unnatural and unhealthy.
Amazon's accelerating ad revenue might be a longer term threat to Google.
* The markets are likely headed for a FANG - Over * The market's dependency (2015-18) on FANG was a warning signal * Stay cautious and conservative * I remain in a market neutral state "Turn up the good, turn down the suck!" - Dean Murdoch, FUBAR (T...
Amazon is taking a bit of Google's lion share of the global advertising market.
* I know this sort of activity is hard to follow * But I wanted to give you a taste of some aggressive trading when I have conviction * I have eliminated my trading long rentals "When reach station success, get off." - Joe Gruss (famous floor trade...
I am taking trading long rentals in ($148.4), ($1078), ($43.40). I added to .
What you need to know before earnings.
Don't be a hero -- until we hit this VIX level and we see the U.S. market trade lower than Europe.