|Day Low/High||474.87 / 500.00|
|52 Wk Low/High||60.97 / 529.74|
I am shorting Netflix over $490/share. The quarterly release is clear: Netflix has pulled forward sales. (And so are others, like Zoom .) * Valuation is far too high. * New subs opportunity is at lower ARPU. * India subs won't pay $16/month. * Reg...
I have added to my already large Invesco QQQ short in the after hours, following the very weak forward subscriber guidance at Netflix (-$56). The operating margin guide is also a bit weaker than some previously assumed and, with its heightened pro...
Think they don't ring a bell at the top? Then I've got an old Cisco chart I'd like to show you....
While valuations still aren't as high as they got in 2000, a lot of recent investor behavior feels very familiar.
This was a name I had been very bullish on but the story has changed enough that I need to reconsider my stance.
Here's why this is a good time to consider taking some off the table and raising cash.
There are stocks for people who believe we're roaring back, those who are hiding out from the virus, and those fearing gloom and doom. But here are the ones I'd give a workout.
Wall Street is richly rewarding software firms it sees as long-term share-gainers within large addressable markets.
Disinfectant makers, home repair retailers and even camping equipment names might be your best bet until a vaccine comes.
Should COVID-19 significantly depress economic activity in the second half of 2020, companies seeing only moderate top-line pressures right now could see their sales drop more sharply.
Young day traders have flocked to the market, and they don't know a balance sheet from a ball of yarn.
The airlines and cruise companies are falling back down to earth, and here's why they started to take off in the first place.
While still reporting healthy revenue and billings growth, Slack and some other software high-flyers are also seeing some demand headwinds.
* I have covered my entire large bond short ( is down by another -$2.80 today) - I plan to reestablish the short on any TLT strength. * Reduced speculative from large to medium-sized. * Eliminated my large long (the shares have moved from the low ...
They need a rest even more than the market does -- it's tough to keep pressing to the upside, especially when dealing with such unusual news flow.
I have received a bunch of emails and inquiries about my price target for Zoom . On a discounted cash flow basis I come up with a $165/share price target which implies a (liberal) 21x enterprise value to 2021 calendar year revenues. My price target ...
While the company substantially beat first quarter expectations, I am of the belief that, as a result of Covid-19 fears, Zoom has substantially pulled forward its business opportunities and that comparisons ahead will be difficult. Indeed, it is qui...
Let's check the latest charts and indicators now that ZM passed our $200 price target.
Limited switching costs and competition from deep-pocketed tech giants haven't stopped Zoom from significantly outpacing rivals.
The market continues to rise despite numerous negative catalysts, while Zoom beat all earnings expectations and guided higher.
A pandemic, riots across the country and the worst economic conditions since the Great Depression have not hindered the V-shaped action.
If this market is ever going to top, it seems likely it will have to occur on good news since no amount of bad news seems to matter.
We've had quite a run, and I hate to violate net basis, which is a long, long way off.
Taking a chunk of Pfizer during this selloff, while Amazon has raised $10 billion in mixed-maturity debt and all eyes are on the government's response to civil unrest in the U.S.
And the reality is that the more money you make, the more likely you can contribute to the causes that you care about.
What is most notable is that the Covid-19 plays are leading again.