Spotify Technology SA (SPOT)

107.48
1.70 1.60
NYSE
Prev Close 105.77
Open 107.25
Day Low/High 102.96 / 108.40
52 Wk Low/High 89.03 / 305.60
Volume 1.65M
Exchange NYSE
Shares Outstanding 192.88B
Market Cap 20.14B
P/E Ratio 133.45
Div & Yield N.A. (N.A)

Latest News

Shop Spot

Two more buys (on a pullback):   * Shopify $341 * Spotify $94.80

Trades

This morning's trades (premarket and regular):  * Added to $99.82 * Added to $61.99 * Added to $256.78 Plus these buys: * $90.11 * $311.86

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps -- and neither do I, it appears! * Futures turned slightly lower in the evening -- extending the steady losses of the last week.   * The S&P oscillator grows more oversold. "Workin' on our night moves Trying to ...

2 Initiations

I have initiated small starter positions in ($320.58) and ($96.78).  Investors in them are traumatized and are obviously down huge.  No one wants to touch technology.  I want to add some beta into my portfolio as is my only high octane holding.  Lik...

Won't Get Fooled Again, Bullish Reversal, Goldman Rocks, Trading Baxter

Won't Get Fooled Again, Bullish Reversal, Goldman Rocks, Trading Baxter

Markets will either confirm or deny Monday's bullish reversal this week. Traders are already up to their eyeballs in water snakes and alligators.

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.

Spotify Cut at Pivotal

Premarket Leaders

Upside - +10% (said to have held talks with private companies related to a buyout) - +8.2% (earnings, guidance) -  +5.7% (earnings) - +5.3% (European Medicines Agency grants PRIME Designation to ALK-2 inhibitor, BCX9250, for treatment of fibrodyspla...

Market Beatdown, Breadth, Russian Gas Flow, Fed's Board, Earnings, Stock Trades

Market Beatdown, Breadth, Russian Gas Flow, Fed's Board, Earnings, Stock Trades

Remember that this is a traders' market more than an investors' market. That's how it'll be until we have a change in trend and confirming follow through.

Shares of Spotify Could Drift Sideways to Slightly Lower

Shares of Spotify Could Drift Sideways to Slightly Lower

A new base pattern needs to play out in the weeks and months ahead.

Bearish Bets: 3 Stocks You Should Consider Shorting This Week

Bearish Bets: 3 Stocks You Should Consider Shorting This Week

These recently downgraded names are displaying both quantitative and technical deterioration.

Is Clockwise Capital's New Innovation ETF Ahead of Its Time?

Is Clockwise Capital's New Innovation ETF Ahead of Its Time?

This fund is turned toward 5G and has an intriguing current portfolio, but its future isn't yet clear.

Can Peloton Interactive Eventually Regain Its Swagger?

Can Peloton Interactive Eventually Regain Its Swagger?

Our strategy of avoiding the long side has worked, but what next?

I Do Think Peloton Will Be Bought: Here's How I'm Playing It

I Do Think Peloton Will Be Bought: Here's How I'm Playing It

PTON reported earnings Tuesday morning, and there's no way to sugarcoat the revised full year guidance.

You Don't Know Who Is Swimming Naked Until the Tide Goes Out

* The Dunning- Kruger Effect is vividly seen these days in the business media and elsewhere * Avoid the self confident and smug talking heads  Business commentators, strategists, analysts, money managers and "talking heads" have short memories - but...

Berry's Terrific Earnings Unrewarded Equals Opportunity

Berry's Terrific Earnings Unrewarded Equals Opportunity

Berry has shown stellar growth since the end of 2013. At management's mid-point guidance, EPS will have surged by almost 800% in just nine years.

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.

Melting Candles, Meta, Spotify, Tech-Ageddon, Jobs Mess, Healthcare Hot Tickets

Melting Candles, Meta, Spotify, Tech-Ageddon, Jobs Mess, Healthcare Hot Tickets

Just a week ago Jerome Powell referred to the labor market as 'strong.' Now, economists, traders, investors, and the public are just not quite sure what to expect Friday.

What Is Spotify Worth? How Can You Know?

What Is Spotify Worth? How Can You Know?

Investor interest seems to justify major research firms covering SPOT even though there is really no way to have a clear opinion of what it is worth.

I Believe in Yesterday

"Yesterday all my troubles seemed so far away. Now it looks as though they're here to stay. Oh, I believe in yesterday." - The Beatles, Yesterday     I will have a lot more about the markets in my opener, "It's Scenario #2."   But before I do I want...

More Trades

I covered Spotify on the whoosh lower. I added further to Twitter in the after hours.

CSN Unite With Y

Break in! Crosby Stills and Nash pull out of Spotify . I am short small SPOT now ($163.61).

Some Observations

I see numerous divergences, etc. which cause me to expand my short exposure:  * VIX is higher. * The Russell Index is not crowing - a big divergence. stinks, too. * Reversal from strength earlier (to losses now) in financials. was $368.53 and now is...

$30T Debt, Currency Wars, Markets, Virtual Real Estate, Velocity of Money

$30T Debt, Currency Wars, Markets, Virtual Real Estate, Velocity of Money

Overnight the U.S. national debt clock whirled past $30T for the first time in history.

SPOT Sold

Sold the balance of my at $193 just now. +12% in one day is a year's return.

Spotify Gets a Fundamental Upgrade but the Charts Remain Weak

Spotify Gets a Fundamental Upgrade but the Charts Remain Weak

I don't anticipate that SPOT will get very far on the upside.

Spotify

I sold small Spotify at about $190.

From The Street of Dreams (Part Deux)

Citigroup upgrades and  with price targets of $450 and $240, respectively. JPMorgan maintains a sell on Robinhood .