|Day Low/High||505.41 / 527.00|
|52 Wk Low/High||60.97 / 588.84|
* The technical and fundamental signposts could be spelling near term problems ahead * Yesterday I moved to a medium-sized short exposure - adding to and initiating more short positions * I have a negative short and intermediate term market view "A...
A lot to discuss -- the markets' reasonably large drop from the day's highs, Netflix's very weak subscriber adds (and $32/share drop in the after hours), Snap's good usage numbers (and its salutary impact on Twitter's shares after the close (up $3/...
I'd give some time to a SCCO trade and go out to December or January with a $50 call.
My short book of individual names - away from the Indices - include Tesla , Zoom and Carvana . Given the aforementioned pivot from growth to value that I am playing over the balance of 2020 - which could be exacerbated by the selling FAANG names in...
* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When th...
It might be like cold water in the face to think that earnings don't matter. But these stocks have detached themselves from all metrics.
On this morning's strength I have moved to medium-sized in the following shorts: Zoom , Carvana , Apple , Netflix , and Facebook .
* Apple, Facebook and Netflix are new short names In case you missed it - I put on three new shorts on Friday afternoon. Apple , Netflix and Facebook are the new names. This makes six individual stock shorts -- , and are the others.
The market capitalization of Zoom ($161 billion) today eclipsed that of the combination of Citigroup ($89 billion) and Goldman Sachs ($70 billion).
* I am short three stocks, all small-sized Away from my Index shorts, I am short three individual equities - Tesla , Zoom and Carvana . Each position is small sized - which I define as less than 1% of my portfolios. (See my Weightings profile, her...
As long as the pandemic rages on, the stay-at-home thesis should stay strong.
Fastly's big run-up in the weeks prior to its warning is a cautionary example of how many tech stock moves have had little to do with an informed analysis of a company's fundamentals.
Some patterns reveal themselves easily, and you can spot them ahead of the computer programs. Here are examples of them, and how to act.
It's not that traders are aggressive sellers ahead of earnings but rather where are the aggressive buyers?
The primary focus is on trying to put more cash to work.
Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.
A month after our last update on Zoom Communications, we're checking the charts and indicators again for a new strategy.
I am out of - I have no Index longs left - and I have increased the size of my Tesla , Zoom and Carvana shorts.
My only three shorts include Carvana , Tesla , and Zoom .
It's remarkable to see such excitement based on totally contradictory theories and themes.
This is what's known as a positioning week, and starting Monday you're going to hear a ton of things.
Walmart is a beautiful thing to watch (up by another +$3 today) And so is our Trade of the Week, Amazon (+$43/share today). Twitter and Alphabet ain't half bad, either! (+$3), a recent buy, recovering from yesterday's weakness. is jiggy. (The Smarte...
Bidding for more despite its up move over the last 24 hours. Offering more and on the short side.
Though breadth is 2-1 negative, the market is trading well considering the quick +100 handle increase in the S&P over the last few days. In the interest of transparency, with today's incremental purchases, and the small add on short, I have further...
I have moved to a large short, and I am trying to short more now. Yesterday I featured the large insider sales at Zoom.