Facebook Inc. (FB)

189.61
1.23 0.64
NASDAQ : Technology Services
Prev Close 190.84
Open 189.93
Day Low/High 188.54 / 190.08
52 Wk Low/High 123.02 / 208.66
Volume 8.37M
Avg Volume 13.47M
Exchange NASDAQ
Shares Outstanding 2.41B
Market Cap 543.17B
EPS 7.70
P/E Ratio 30.52
Div & Yield N.A. (N.A)

Market Observations: Doom Day

Deepening economic, trade and political concerns spelled doom for the markets today. * Ignoring the message of the bond market and the slope of the yield curve is not a particularly good idea, and I am always surprised when people disregard these tw...

What I Plan to Buy Today

Though, in general, downside risk may dwarf upside reward, given the uncertainty of outcomes (for now) I really like the idea of having a long portfolio of stocks, with an intermediate term time frame, hedged with out of the money and puts ("I got g...

Banking's Future and Wells Fargo, Trading Facebook: Market Recon

Banking's Future and Wells Fargo, Trading Facebook: Market Recon

The nation's central bank forever perverted the concept of what we used to call the 'free market.'

Company News for Your Consideration

As we get ready for the market day ahead, here are some items hitting the tape that have caught my attention:  U.S. Steel has acquired a 49.9% ownership interest in Big River Steel for about $700 million in cash, with a call option to acquire the re...

Jim Cramer: Micron Technology Should Be on Your Radar

Jim Cramer: Micron Technology Should Be on Your Radar

Despite the selloff in this name, if you believe in a rally, you can bet that MU will be a leader.

Averaging Down

I continue to average down in Boeing , Amazon , Facebook and Alphabet .

The Contrarian in Me...Is Buying the Growthy Names

* As the "news" is out It is my view that now that investors recognize the WeWork disaster and are being turned off by a succession of unprofitable IPOs, we can begin to consider buying the growthy and disruptive stocks (with deep moats and large ad...

Stealth Bear Markets Are Crushing Many Market Players

Stealth Bear Markets Are Crushing Many Market Players

One of the most apparent bear markets right now is in stocks that have had recent IPOs.

Treasury Auction, ECB and FOMC, Struggling IPOs: Market Recon

Treasury Auction, ECB and FOMC, Struggling IPOs: Market Recon

Who was speaking to the strength of the U.S. Treasury Department's auction of $32 billion worth of 7 Year Notes as a driver for equities through Thursday afternoon?

Will the New TV Season Get People Off Facebook for a While?

Will the New TV Season Get People Off Facebook for a While?

Looking at the entire trading history of FB I found that prices were often soft in the fourth quarter of each year.

Making Moves

Boeing , +$4 from this morning's lows, is trading quite well. (As posted, I added into the early weakness). I have moved to a large long position. I have also added to Facebook , Alphabet and Amazon .

 A Great Backdrop for Opportunistic Traders

S&P futures are now +30 handles above the morning's lows. As noted, there have been breathtaking reversals in Amazon , Facebook , Twitter and Google -- and many other equities. While I believe the market is fundamentally overvalued, in a "newsy" bac...

The Look of a Contrarian and Not a Cassandra

* Mr. Market is a dynamic and complex mosaic - providing opportunities on both the long and short side For those that think me dogmatically bearish, a Cassandra (if you will) - consider my moves today. Besides my short covers ( and ) and put sales, ...

Trade of The Week - Buying Twitter

* The Presidential election will likely provide a strong backdrop to greater Twitter usage and continued advertising penetration in the 12-18 months ahead * The 2020 Election may soon be viewed as "The Twitter Election" * I expect (and am hopeful) T...

Jim Cramer: Here's Why the Market's So Feckless and Reactive

Jim Cramer: Here's Why the Market's So Feckless and Reactive

So many companies -- like Netflix, Facebook and Johnson & Johnson -- are not trading on earnings per share, but on factors that are nearly impossible to quantify.

My Outlook for the Market's Major Sectors

* Only three of eleven S&P sectors are viewed as attractive * I am in a risk off state of mind. Back in 2015 I instituted a new regular feature called "Sectors," in which I periodically offered my short-term (6-12 months) price outlook for each of t...

Why The Markets Have Stalled

Why The Markets Have Stalled

The leaders have faltered, leaving markets to spin their wheels.

3 Big Names That Show Relative Weakness

3 Big Names That Show Relative Weakness

Amazon.com, Facebook and American Express could begin to break down in the near future based on their charts.

Why Roku Is Unlikely to Be Badly Stung By Comcast's Latest Move

Why Roku Is Unlikely to Be Badly Stung By Comcast's Latest Move

Roku's shares have fallen sharply in response to Comcast's decision to provide a free set-top to Internet-only customers. But the impact of this move on Roku's account growth will probably be limited.

Minding Mr. Market

I added further to my long but that was it for my trading today. (VXX is my Trade of the Week) At 3:20 p.m. the indices are more or less where they opened. Breadth was only modestly negative. FANG got walloped, banks were only modestly lower (a "win...

Oracle's Earnings and Guidance Raise Fresh Concerns About Its Revenue Momentum

Oracle's Earnings and Guidance Raise Fresh Concerns About Its Revenue Momentum

Larry Ellison's company continues to grow much more slowly than the broader enterprise software market. And it just declined to reiterate its full-year revenue growth guidance.

Fool Me Twice Shame on Me (Part Deux)

* I continue to trade opportunistically and unemotionally - with a calculator in one hand and a contrarian viewpoint on the other hand * The overnight +20 futures rise (China trade-related) has been reversed to a gain of only 3 handles by 6: 30 am *...

Jim Cramer: If FAANG and Co. Were Running, They Would Win Big Time

Jim Cramer: If FAANG and Co. Were Running, They Would Win Big Time

While politicians, media and government agencies take aim at tech giants, understand that these are the ones helping keep our nation strong and innovative -- and have the love of the people.

Value vs. Growth, ECB vs. FOMC, Dividend Stocks, Positive on Apple: Market Recon

Value vs. Growth, ECB vs. FOMC, Dividend Stocks, Positive on Apple: Market Recon

Should competitors act in a way that puts the U.S. economy at a disadvantage, then by all means the FOMC must act with a level of anger that intimidates.

Some Individual Stock Updates

* makes a new high and I am sticking with my small long investment position. * , a recent buy, is up another $3 after climbing by nearly $4 yesterday. Holding on. * also on a tear, up by over +$33. Though its been an amazing multiple day upturn I am...

Facebook Gets Liked Again

As posted, I have been using the recent weakness in several of the FANG stocks to add to my longs. Facebook , one of those favorites (and purchased), is up around $5 in the trading session after being dormant over the last few days.

Here's Why I'm Optimistic Heading Into Slack's Quarterly Report

Here's Why I'm Optimistic Heading Into Slack's Quarterly Report

Call it a ride or die mentality, but I am an owner of the stock into earnings.

Zara the Latest Brand Attacked as China's Tactics Turn to 'White Terror'

Zara the Latest Brand Attacked as China's Tactics Turn to 'White Terror'

Beijing is attacking foreign brands over any implicit signs they might support Hong Kong's pro-democracy demonstrations while spreading anti-demonstrator propaganda on U.S. social media.

Here's How I'm Approaching Yext's Earnings on Thursday

Here's How I'm Approaching Yext's Earnings on Thursday

I expect that tonight's report and future guidance will roughly be inline or to the high end of expectations.

Match Group Offers Plenty of Options

Match Group Offers Plenty of Options

But buying a straddle might be your best one, here's the game plan.