|Day Low/High||194.10 / 203.66|
|52 Wk Low/High||123.02 / 208.66|
Stick to your methodology and don't let worry of underperformance push you to shift your approach.
I think the bull case begins much more so with that 30% revenue growth than with the 20 cents beat on profit.
It is the action in secondary stocks that is giving the action a much better feel.
Analysts are bullish on Facebook''s more aggressive action on key growth drivers.
The social media giant may have fought off much of the fears about its fortunes with its latest results.
A fresh look at the charts and indicators seem to be in order.
* Along with Goldman Sachs , Facebook remains my favorite contrarian pick * FB shares rose by $6 in the regular trading session Wednesday and added another $17 in after-hours trading after the exquisite earnings report * I added to my FB long on Wed...
The indices are running into heavy resistance as they hit the levels we last saw in early December, but the bears that keep trying to catch a reversal are providing short-squeeze fuel.
Buy weak names, and hold falling names that were up a lot going into earnings, as they won't be down for long.
Wednesday was a consequential day in which I made several moves, including: * Reduced my short hedge for a loss. * Profitably traded my Apple short -- covering in the first hour of trading and putting back out a short after the close. * Took a tradi...
When the Fed is this dovish it really doesn't matter what is being reported.
Let's take a look at the cornucopia of earnings reports that are coming our way after the close. Of the several dozen, which ones are likely to move the market? My guess is it will be some of these: Facebook Microsoft Mondelez International PayPal Q...
It can be hard to figure how stocks will react to news, so it is critical for market participants to stay intently focused on price movements.
I think we can all agree that there will be no increase made to the Fed Funds Rate today.
I really like the pin action in a number of my core longs: , , , , (as expected off of the strength), , , , and . and , not so much! Note: Long GS (large), BAC (large), C (large), WFC (large), JPM (large), DWDP (large), HIG (large), CBS, M (small), ...
Expectations for Apple are all over the place.
Social media stocks (e.g. , ) are under pressure - likely based on usage fears. I would add to FB at $137ish and TWTR at around $30-$31.
While the indices are no longer severely overbought, they have been stalling for the past week. Stay vigilant and be ready to act.
As Apple preps video and news/magazine services for launch this year, a new report states the company is also thinking about launching a gaming service.
This is some sort of whacky, crazy bull market that just doesn't want to go down.
The marketplace will react to this week's China, U.S. trade talks in a huge way.
There is concern about missing out on further upside, but technically some sort of pullback is probable.
Central banks keep coming into to support markets, but this is going to be a volatile week.
The chip stock surge at the week's end shines a light on just how pessimistic some investors had been as earnings multiples fell to rock-bottom levels last year.
It's going to be one hectic week.