Facebook Inc. (FB)

222.08
0.31 0.14
NASDAQ : Technology Services
Prev Close 221.77
Open 222.03
Day Low/High 220.53 / 222.29
52 Wk Low/High 142.52 / 222.63
Volume 15.63M
Avg Volume 13.50M
Exchange NASDAQ
Shares Outstanding 2.41B
Market Cap 630.82B
EPS 7.70
P/E Ratio 35.11
Div & Yield N.A. (N.A)

Recap of Recent Actions

A reminder that I recently: * (Reluctantly) pared back my very large positions in Citigroup , Bank of America and Wells Fargo to medium in sizeĀ  * Eliminated Facebook * Reduced from very large to medium in size in Alphabet and Amazon

My Takeaways

* The market's highs were made early and the low was made late - demonstrating some exhaustion. * Breadth steadily decayed as the day progressed (At 3:30 pm 1330 advancers, 1630 decliners) See Bob Farrell's remarks on breadth! * The key feature of t...

An Uber Trade for the Long Haul

An Uber Trade for the Long Haul

Uber essentially had a 'Facebook IPO.'

Faceplant?

A few weeks ago I sold my entire Facebook position. This week I have noted the renewed technical weakness. That weakness continues today. We all know the old trading adage, buy stocks that are green in a sea of red and sell stocks that are red in a ...

My Takeaways

* A "snoozer" * Good overall action in the face of possible snags in the U.S./China trade negotiations. * But volume is light and programs mainly moving the markets. * Breadth almost flat and little movement in the Indices. * Gold rallied (+$8/oz) a...

Real Money Post Industrial Average Exits October on Top

Real Money Post Industrial Average Exits October on Top

The RMPIA's 3.8% jump even beat the Nasdaq Composite Index's 3.7% October climb.

2 Small-Cap Stocks That Could Be Righting the Ship

2 Small-Cap Stocks That Could Be Righting the Ship

Stemline Therapeutics and Entercom Communications seem to have stabilized after notable declines late in the summer.

What Has Happened to the IPO's?

What Has Happened to the IPO's?

Most of these names are smoke and mirrors, with the elusive profit objective often years away.

Merck Might Make Healthy Rally

Merck Might Make Healthy Rally

Here's how to get in on the trade if it can hold on a pullback to the Oct. 22; also if Facebook's price holds above $186, expect it to go higher.

Facebook Looks Ready to Resume Its Rally: It Just Needs an Excuse

Facebook Looks Ready to Resume Its Rally: It Just Needs an Excuse

Check out the charts of FB. You may like what you see.

Chronicling the Foibles of Third-Tier Tech Names

Chronicling the Foibles of Third-Tier Tech Names

If you are looking for the pain in this exuberant market it is in the names classified as technology plays with market caps between $5 billion and $100 billion.

Arista Networks Is the Most Significant Disaster of the Day

Arista Networks Is the Most Significant Disaster of the Day

A good third quarter is overshadowed by ugly guidance for the fourth quarter and beyond.

Hong Kong Retailers Hammered by Recession

Hong Kong Retailers Hammered by Recession

Hong Kong's economy was already suffering before this summer's demonstrations, but consumer businesses have been hit hard by five months of chaos.

Anticipate Disaster or React to Price Action?

Anticipate Disaster or React to Price Action?

Making money in the market is much more a function of trade management than market prediction.

Facebook's 2020 Guidance Points to Another Year of Strong Growth

Facebook's 2020 Guidance Points to Another Year of Strong Growth

The social media giant just signaled that its revenue growth won't slow significantly next year, as it continues better monetizing its stories services.

Jim Cramer: Nothing's Changed, Except the Prices

Jim Cramer: Nothing's Changed, Except the Prices

The market is throwing a Halloween sale right now that it doesn't need to throw, and that's an opportunity.

Facebook, Apple Help Mask Ugly Day in Market

Facebook, Apple Help Mask Ugly Day in Market

Strength in the two tech giants helped to offset poor action in hundreds, if not thousands, of stocks, as small caps lagged and breadth ran negative.

Twitter Political Ad Ban: The Good, the Bad and the Trade

Twitter Political Ad Ban: The Good, the Bad and the Trade

Jack Dorsey has sparked a strong debate among my clients and myself.

Fed's Action, Consumer Remains Robust, Unimpressive Twilio: Market Recon

Fed's Action, Consumer Remains Robust, Unimpressive Twilio: Market Recon

I do think that this Fed Chair has learned to be cautious, in reflection of the policy errors made in late 2018.

As Good As It Gets? Stick With the Price Action

As Good As It Gets? Stick With the Price Action

Don't buy what the bears are selling until the market character shifts. Focus on good stock picking.

Bulls Couldn't Ask for More

Bulls Couldn't Ask for More

The Fed cut rates a quarter point and signals friendliness to the market, while Apple and others are making a strong showing.

That's a Wrap

As always, it was good to sit in for Doug Kass here on the Daily Diary today. Stocks ended modestly up across the board as the Federal Reserve cut interest rates as expected -- even as it is more likely the central bank might be on "pause" for a whi...

Make Fed Day a Time for Paper Trades

Make Fed Day a Time for Paper Trades

Traders can learn from watching, as well as doing, and with the FOMC meeting landing, now's best time to practice the former.

Sussing the Fed -- Plus Apple, Amgen and Other Earnings: Market Recon

Sussing the Fed -- Plus Apple, Amgen and Other Earnings: Market Recon

Markets are watching what Fed Chair Powell will signal for future rate cuts during this afternoon's FOMC rate decision.

Looking Under the Hood at Alphabet? Here's a Trade Idea

Looking Under the Hood at Alphabet? Here's a Trade Idea

This is one name that I would not write puts on even though the premiums are attractive.

Jim Cramer: Demand Is Driving This Market to All-Time Highs

Jim Cramer: Demand Is Driving This Market to All-Time Highs

The stocks of many companies anticipated a more stringent series of tariffs and we didn't get them.

Neutral on Amazon/Google Short Term, Bullish on the Intermediate Term

* The next 6-9 months could be challenging for Amazon and Google - with upside/downside generally in balance * After the 2020 election the two stocks could move much higher over the next few years After the cloud business loss (government contract) ...

Setting Up for a Failed Breakout, but Stock Picking Is Still Good

Setting Up for a Failed Breakout, but Stock Picking Is Still Good

Continued speculative interest in individual stocks and small-caps kept a bid under the market most of the week.

The Week Ahead: Fed Decision, October Jobs and 35 Big Earnings Reports to Watch

The Week Ahead: Fed Decision, October Jobs and 35 Big Earnings Reports to Watch

Rest up for a busy week that includes earnings from Apple, Facebook and Starbucks.

Intel and Amazon's Cloud Capex Numbers Bode Well for Chip and Hardware Suppliers

Intel and Amazon's Cloud Capex Numbers Bode Well for Chip and Hardware Suppliers

Intel suggests the recent slowdown it's seen in demand from cloud clients is ending, and Amazon's latest capital spending numbers support this claim.