|Day Low/High||342.37 / 354.35|
|52 Wk Low/High||244.61 / 384.33|
Their earnings were a blowout but it's too dangerous to short the name.
There just isn't much downside left in most of the small-caps that have already been hit hard.
Are traders and investors confused? Possibly. Was that the intent? No, but I think Jerome Powell is fine with that.
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...
Here's what investors need to know to discern the direction of stocks during what can be a confusing season.
Senior indices and many big-caps are technically extended and prone to 'sell the news' reactions.
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.
Second-half guidance at Facebook is disappointing. I am offering some more FB to short at about $360.
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.
What if Beijing plays the power game with foreign firms reliant upon Chinese revenue, Chinese labor, or simply Chinese economic growth?
Why we ever allowed Chinese businesses to raise capital, our capital, on our shores, is beyond me.
Recent news about Travelzoo and Albireo Pharma offer reasons to think those shares could be heading higher.
This week will tax your brain. Your ability to focus on what really matters will be tested.
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...
While names like Facebook and Roku run higher, the action isn't so great for aggressive traders.
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 ...
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.
The official action would come as Hong Kong's rights and differences from mainland China erode.
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.
Here's how I would play NFLX -- without too much drama -- as it's set to report next week.
Plus, the chart of Tesla indicates it's time to be wary if you're in the stock at present.
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.
Plus, the latest monthly ISM Manufacturing survey sends a disturbing signal about prices and a quick option play thought about Veeva Systems.
Ultimately, the business in America is small business and it's booming. I say let's help them out. Shop small.
Better luck next time: The Federal Court beat down the FTC and the states in it's case against FB.
After five days, the nastiness that is allocation through high-speed algorithmic selection (profit-taking) returned to the fold.
The rolling corrective action is what is helping to keep the overall trend positive.