Facebook, Inc. Class A (FB)

352.96
NASDAQ
Prev Close 345.96
Day Low/High 342.37 / 354.35
52 Wk Low/High 244.61 / 384.33
Exchange NASDAQ
Shares Outstanding 2819.45B
Market Cap 975.42B
P/E Ratio 31.26
Div & Yield N.A. (N.A)
The Good, Weird and Ugly of Facebook

The Good, Weird and Ugly of Facebook

Their earnings were a blowout but it's too dangerous to short the name.

I'm Bottom Fishing and Nibbling Amid Positive Action

I'm Bottom Fishing and Nibbling Amid Positive Action

There just isn't much downside left in most of the small-caps that have already been hit hard.

What the Fed Said and Did, Robinhood IPO, Trading Ford, Facebook and ServiceNow

What the Fed Said and Did, Robinhood IPO, Trading Ford, Facebook and ServiceNow

Are traders and investors confused? Possibly. Was that the intent? No, but I think Jerome Powell is fine with that.

Vaccines, Masks, and Office Closings

After reopening its offices in New York and San Francisco two weeks ago, Twitter  is closing those offices. Facebook is requiring its U.S. workers that return to the office to be vaccinated as is Alphabet  . Netflix introduced a blanket policy manda...

Jim Cramer: To Crack the Code During Earnings Season, Follow the Boost

Jim Cramer: To Crack the Code During Earnings Season, Follow the Boost

Here's what investors need to know to discern the direction of stocks during what can be a confusing season.

Traders Looking for More Rotational Action as Facebook Stumbles

Traders Looking for More Rotational Action as Facebook Stumbles

Senior indices and many big-caps are technically extended and prone to 'sell the news' reactions.

See You Friday

Thanks for reading my Diary today. I will be out tomorrow but you will be in the very able hands of Chris Versace. Enjoy the evening. Be safe. See you all back early Friday morning. PS: Here is a more detailed analysis of the Facebook release. 

More on Facebook

Second-half guidance at Facebook is disappointing. I am offering some more FB to short at about $360.

Trading FB and QQQ

I put out a very small short in Facebook ($373) right before the EPS announcement. I expect a beat. I also expect that the beat to expectations is in the price of the stock -- and then some! Added to my QQQ short. More shortly.  

China 'Rules', Defense Stocks, Infrastructure Package, FOMC, Earnings

China 'Rules', Defense Stocks, Infrastructure Package, FOMC, Earnings

What if Beijing plays the power game with foreign firms reliant upon Chinese revenue, Chinese labor, or simply Chinese economic growth?

Chinese Crackdown, Bitcoin/Amazon, Tesla Earnings, My Big Plan for a Big Night

Chinese Crackdown, Bitcoin/Amazon, Tesla Earnings, My Big Plan for a Big Night

Why we ever allowed Chinese businesses to raise capital, our capital, on our shores, is beyond me.

Taking Another Look at 2 Stocks I Like While Waiting for Breadth to Broaden

Taking Another Look at 2 Stocks I Like While Waiting for Breadth to Broaden

Recent news about Travelzoo and Albireo Pharma offer reasons to think those shares could be heading higher.

A Look at Boeing Stock Ahead of Earnings

A Look at Boeing Stock Ahead of Earnings

Let's check out the charts of this aerospace giant.

The Week Ahead, Earnings, Macro, Virus, Monetary and Fiscal Policy, Trading Roku

The Week Ahead, Earnings, Macro, Virus, Monetary and Fiscal Policy, Trading Roku

This week will tax your brain. Your ability to focus on what really matters will be tested.

Next Week's Earnings and Expectations for the Second Half of 2021

Circling back to my comment on earnings expectations for the second half of 2021, next week we will see a more than 250% jump week over week for the number of earnings reports coming at us. That's right, just under 1,000 of companies are slated to r...

These 2 Names Are on My Watchlist Right Now

These 2 Names Are on My Watchlist Right Now

Here's what to look for with Playboy and Urban-gro.

Indexes Are Up, but Divergences and Disparities Linger Underneath

Indexes Are Up, but Divergences and Disparities Linger Underneath

While names like Facebook and Roku run higher, the action isn't so great for aggressive traders.

These 5 Stocks Are Holding Up the Broader Market

While breadth has deteriorated, several large-cap Nasdaq stocks -- Microsoft , Facebook , Amazon , Apple and Alphabet -- have held up the broader market.  All these stocks are extended in price with elevated RSIs. I am looking for a drawdown in the ...

Crypto Pep Rally, S&P Wonder Line, Minerd Unmuted, Chip Keepers, Trading Moderna

Crypto Pep Rally, S&P Wonder Line, Minerd Unmuted, Chip Keepers, Trading Moderna

Small-caps and mid-caps are still picking first downs on every play, storming back from a badly oversold condition that has just about normalized.

U.S. to Warn American Businesses on Dangers of Operating in Hong Kong

U.S. to Warn American Businesses on Dangers of Operating in Hong Kong

The official action would come as Hong Kong's rights and differences from mainland China erode.

Why Isn't the Reddit Crowd Biting at FAANG?

Why Isn't the Reddit Crowd Biting at FAANG?

Let's look at reasons why these big names don't get as much love from the WallStreetBets gang -- and why I'm burning to talk about pot.

Netflix's Story Is Unfolding With Many Twists and Turns

Netflix's Story Is Unfolding With Many Twists and Turns

Here's how I would play NFLX -- without too much drama -- as it's set to report next week.

Earnings Await, Fed Heads Ahead, the Materials World, Microsoft's Cyber Pickup

Earnings Await, Fed Heads Ahead, the Materials World, Microsoft's Cyber Pickup

Plus, the chart of Tesla indicates it's time to be wary if you're in the stock at present.

Biden's Executive Order on Competition Could Slice Several Companies Into Pieces

Biden's Executive Order on Competition Could Slice Several Companies Into Pieces

Any selling of these stocks based on short to medium term potential for antitrust litigation could probably be a trade if one is savvy enough.

Jobs Hold the Key, Premature Minimum Tax Celebration, and Enough Is Enough, Fed

Jobs Hold the Key, Premature Minimum Tax Celebration, and Enough Is Enough, Fed

Plus, the latest monthly ISM Manufacturing survey sends a disturbing signal about prices and a quick option play thought about Veeva Systems.

Jim Cramer: Small Businesses Are Why This Economy Is Snapping Back

Jim Cramer: Small Businesses Are Why This Economy Is Snapping Back

Ultimately, the business in America is small business and it's booming. I say let's help them out. Shop small.

Updating Our Technical Strategy on Facebook

Updating Our Technical Strategy on Facebook

Let's review the charts and indicators.

Jim Cramer: The Government Isn't a Reason to Sell Facebook or the FAANG Stocks

Jim Cramer: The Government Isn't a Reason to Sell Facebook or the FAANG Stocks

Better luck next time: The Federal Court beat down the FTC and the states in it's case against FB.

Making Sense of Monday, Banks Get Green Light, Dear FOMC, Trading Zscaler

Making Sense of Monday, Banks Get Green Light, Dear FOMC, Trading Zscaler

After five days, the nastiness that is allocation through high-speed algorithmic selection (profit-taking) returned to the fold.

Navigating Rotation Is the Key to Superior Returns in This Market

Navigating Rotation Is the Key to Superior Returns in This Market

The rolling corrective action is what is helping to keep the overall trend positive.