|Day Low/High||1,088.00 / 1,101.28|
|52 Wk Low/High||977.66 / 1,296.97|
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.
The weakness in Netflix and Alphabet may be foreshadowing less-than-stellar earnings reports.
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...
Between the Tableau deal and last year's purchase of MuleSoft, Salesforce is betting big on the long-term opportunity presented by data integration and analytics.
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...
Today is a great example that in a market dominated by momentum based strategies and products... "buyers live higher and sellers live lower." Though I am enamored with all three of these stocks, I am taking a calculated risk that the recent sizable ...
Its been an active morning: * Two tranches of ( $289.05 and $289.68) and ($182.05 and $183.35) shorts * Bought more on the opening at about $30 off of the SEC news * Added to short at $193.30 * Shorted more at $130.70 * Sold some $1850 (+$46 on the ...
What happens when the buyers fueling the IPO fervor run out of steam?
Alphabet is trading over $1070/share (+$23 on the day) and I am taking down my position from large - to medium-sized.
At a certain point these FAANG names are going to turn around.
Benioff is getting behind calls for regulation of Silicon Valley giants.
* My expectations for a Fed pause and cut now seems likely "The lesson to learn is this: The monetary policy of ever lower interest rates is not the solution to problems caused by a low interest rate policy in the first place. In the short-term it m...
Dealing with fears around the trade war with China and antitrust investigations, investors should know not only if customers are doing well, but also who a company's customers really are.
Comments from China, Mexico and the Fed led the way.
Let's check out the charts of FB today.
"The search for value and comparing it to risk taken is, at its core, the marriage of a contrarian streak and a calculator." - Kass Diary The market is dynamic - values are created daily regardless of one's market view and the market's overall direc...
Now the stocks have to suffer. They're just plain out of luck until the government agencies lose or modify things to drive numbers down.
Simply put, traders at the larger institutions were driven either by risk managers or simple fear out of FANG and information technology, and into anything else.
We will be dancing around to headlines today -- and with the indices and stocks oversold, the buyers will be trying to catch some short-term upside.
If spun off, Waymo would offer a significant challenge to Tesla's ambitious self-driving efforts.
Although I would consider this a very speculative, very aggressive buy, it is one of the few charts and ideas which appeals to me today.
What happened to the business president? I think what happened is that the polls are showing that whatever the president is doing is working.