Snap, Inc. Class A (SNAP)

23.26
NYSE
Prev Close 23.20
Day Low/High 22.30 / 24.16
52 Wk Low/High 20.95 / 83.34
Exchange NYSE
Shares Outstanding 1636.32B
Market Cap 37.96B
P/E Ratio N/A
Div & Yield N.A. (N.A)
Index Road Kill, S&P 500 Has a Pulse, Sector Slaughter, Betting on CEOs

Index Road Kill, S&P 500 Has a Pulse, Sector Slaughter, Betting on CEOs

Plus, we take a revealing look at the movements in the yield curve and pop in on the dismal charts of Shopify and Peloton Interactive.

The Good, the Bad and the Ugly, Trading Meta Platforms, What's Down Teladoc?

The Good, the Bad and the Ugly, Trading Meta Platforms, What's Down Teladoc?

Wednesday's session was dominated by traders, algorithmic traders for sure, but traders nonetheless. The PMs mostly sat on their hands.

Snap Looks More Likely to Crack Than Pop

Snap Looks More Likely to Crack Than Pop

Here's why I would avoid the long side of the stock right now

Chop and Indecision, Bulls and Bears, Ackman and Netflix, My Overnight Trades

Chop and Indecision, Bulls and Bears, Ackman and Netflix, My Overnight Trades

Casual observers might not realize that real sea monsters live under the placid surface of the deep green oceans before us.

Overbought Markets, SPR Release, Fund Rebalancing, EV Batteries, Trading MMC

Overbought Markets, SPR Release, Fund Rebalancing, EV Batteries, Trading MMC

Impacting today's trade will be the forced flow of capital related to pension funds, on top of the usual window-dressing that comes with quarterly round-ups.

Not So Tweet!

* ARK bails on Twitter yesterday   As I have mentioned I no longer own Twitter .   Separately, ARK Invest sold about four million shares of TWTR yesterday -- in front of Thursday's earnings release.   I don't expect a Snap -like (positive) report fr...

Is FB Really the Master of the Metaverse?

Is FB Really the Master of the Metaverse?

The metaverse is a forest while Meta Platforms is but a tree -- but a tree on which money still grows. For now.

Special Delivery: A Stock to Watch Next Week

Special Delivery: A Stock to Watch Next Week

Here's why I'm watching JD.com -- and what I think of what just happened on the market.

Are You Looking for Logic to This Market? Forget It

Are You Looking for Logic to This Market? Forget It

The extreme reactions to this week's earnings reports make trading at this time challenging, to say the least.

Jobs Guess, Central Bankers Tighten Up, Thursday Smackdown, Correction's End?

Jobs Guess, Central Bankers Tighten Up, Thursday Smackdown, Correction's End?

Plus, while market breadth stunk yesterday, it was on lower trading volume, which is an encouraging sign.

Twitter SNAPs Back

Twitter up huge on beat - sold some at $37. I also took off half of my at $3,190.  

Be SNAP-py and Play a Bounce -- But Don't Land on PINS

Be SNAP-py and Play a Bounce -- But Don't Land on PINS

Here's how to approach Snap and Pinterest, without getting hurt.

Meta Platforms Is Receiving the Trashing It Richly Deserves

Meta Platforms Is Receiving the Trashing It Richly Deserves

The drop in the shares of Facebook's parent after disappointing results recognizes how overvalued the stock has been.

I'm Treading Carefully Entering 2022 as Many Momentum Stocks Remain Bearish

I'm Treading Carefully Entering 2022 as Many Momentum Stocks Remain Bearish

Cannabis is about the only space where I'm long, and that isn't for technical reasons.

How Recency Bias Has Created Risks -- and Opportunities -- for Tech Investors

How Recency Bias Has Created Risks -- and Opportunities -- for Tech Investors

Expecting recent trends to continue -- and not looking further into the past for parallels -- has driven a lot of questionable behavior in 2021 from both retail and institutional investors.

Play With Fire? You Might Get Burned

Play With Fire? You Might Get Burned

Money-losing companies, even those who have potentially good prospects, are becoming less valuable on an absolute basis by the amount of their losses.

Twitter Languishes Back Where It Started 8 Years Ago but Merits a Fresh Look

Twitter Languishes Back Where It Started 8 Years Ago but Merits a Fresh Look

Shares of the social media giant have produced zero net return since its IPO, yet it's a better company today than it was then.

Snap Shares Need a Lengthy Repair Process

Snap Shares Need a Lengthy Repair Process

Let's see how the charts look today.

'Snap' to It: I've Got a Trade Idea

'Snap' to It: I've Got a Trade Idea

This might not be the prettiest play as earnings just landed, but it could turn into a nice opportunity.

Apple, Amazon, Google, Microsoft and Meta's Earnings: What Stood Out

Apple, Amazon, Google, Microsoft and Meta's Earnings: What Stood Out

While labor shortages are a short-term problem for Amazon, Microsoft thinks they could be an opportunity.

SNAP's Cracking, but Will It Pop?

SNAP's Cracking, but Will It Pop?

After a rough few days, Snap Inc. appears to be getting some bets that the stock could pop.

Earnings So Far, Messy Inflation, Pricing Power, 5 Strong Stock Buys

Earnings So Far, Messy Inflation, Pricing Power, 5 Strong Stock Buys

Positive Mayhem? Let's look at the week that was.

As the Indices Deal With Overbought Conditions, Traders Look for Action

As the Indices Deal With Overbought Conditions, Traders Look for Action

To be successful in this market right now, the key is to find the sectors that are working and focus on stock picking.

Fed Gives a Reason to Sell, and Some Stocks SNAP Under Pressure

Fed Gives a Reason to Sell, and Some Stocks SNAP Under Pressure

But by day's end many names rebounded, even if the S&P 500 finished with a small loss that broke its winning streak.

The Week Ends in Messy Trading

The Week Ends in Messy Trading

The good news is that this rotation and choppy action helps charts develop for the weeks ahead.

Oh, SNAP!

JP Morgan lowers Snap price target from $90 to $73. Wells Fargo lowers Snap price target from $95 to $75.

The Indices May Need a Rest, but Interest in Stock Picking Is Building

The Indices May Need a Rest, but Interest in Stock Picking Is Building

In particular, there are fresh pockets of speculative action, thanks in part to Donald Trump's connection with SPAC Digital World Acquisition Corp.

Now at the Plate, Your Pinch Hitter, Stephen Guilfoyle!

It's great to be filling in again for Doug Kass at the Daily Diary. Friday. Friday. Friday. Hope you're ready. I know I am. Markets have turned for the better overnight as Evergrande delayed impending doom, despite semi-negative to profoundly negati...

Evergrande Surprise, Trump's New Truth, Phunware Fun, Bitcoin Weirdness

Evergrande Surprise, Trump's New Truth, Phunware Fun, Bitcoin Weirdness

Plus, Snap Inc. disappoints with its guidance as Apple lets users opt out of being tracked by individual apps.

Wild Pockets of Speculation Amid a 7-Day Winning Streak

Wild Pockets of Speculation Amid a 7-Day Winning Streak

The problem with trading a name like DWAC is that it sucks up a lot of energy.