Meta Platforms Inc. Class A (FB)

193.54
NASDAQ
Prev Close 191.29
Day Low/High 187.87 / 197.91
52 Wk Low/High 169.00 / 384.33
Exchange NASDAQ
Shares Outstanding 2706.52B
Market Cap 517.73B
P/E Ratio 31.26
Div & Yield N.A. (N.A)
This Market Has a Lot to Digest

This Market Has a Lot to Digest

A post-pandemic bubble in certain assets is only one thing the market and investors must work through right now.

Can We Nail Down Home Depot's Lowest Price?

Can We Nail Down Home Depot's Lowest Price?

As the great stimulus punch bowl gets taken off the table, what can we expect from this homebuilder name?

The Bear Market of 2022

* It is still Scenario #2! * As expected, the S&P climb to 4500-4600 failed in early February and the expected test (and "dip of death") of the late January lows is now at hand * In general, I see a continued probing of the lows and relatively limit...

Nvidia Is Still the Champ, Its Trouncing Thursday Notwithstanding

Nvidia Is Still the Champ, Its Trouncing Thursday Notwithstanding

The chip giant turned in a stellar quarter, and anyone selling the stock based on its latest results does not understand financial statements.

On The Road (Again)

* Preparing to buy at the sound of cannons? * I am trading opportunistically in a regime of heightened volatility  And I can't wait to get on the road again On the road again Goin' places that I've never been Seein' things that I may never see again...

Texas Sues Meta

Meta Platforms  is falling based on a Texas lawsuit which could result in "hundreds of billions" of dollars of civil penalties.

Geopolitical Risk, Oil, Week Ahead, Fed, Retail Sales, Trading Northrop Grumman

Geopolitical Risk, Oil, Week Ahead, Fed, Retail Sales, Trading Northrop Grumman

In order to determine what's really at stake here, I think that one must try to understand what purpose this serves for Russia, for Putin.

It Still Looks Like Scenario #2!

I moved back into a net short exposure on Monday based on my most likely scenario - that the move to S&P 4500-4600 could complete the Bear Market Rally - and, technically, the right side of a head and shoulders pattern.  Here is The Bear Market Case...

FB, PYPL

I have sold out my Meta Platforms long at $228.80 and I have covered my short calls - for a relatively small loss. The shares have rallied on an inane explanation of support in the business media. But I wont even get into it. I plan to buy on weakne...

Market Conditions Keep Improving, but Distrustful Participants Remain Wary

Market Conditions Keep Improving, but Distrustful Participants Remain Wary

There are many investors and traders who are not convinced that the worst is over.

Two Adds

I added to my $122.05 and longs $222.5 in premarket trading.

The Market Gets Its Act Together

The Market Gets Its Act Together

After a thin and random day of trading, stocks finally perked up.

This Gen-Z ETF May Take Time to Mature, but It Could Set a Trend

This Gen-Z ETF May Take Time to Mature, but It Could Set a Trend

Here we'll look at the GlobalX Millennial Consumer exchange-traded fund, and see how it keeps score.

FB, PYPL Longs

I materially increased my and longs this morning.

The Bear Market Case

In late January I expressed some optimism that stocks were falling to more attractive levels. Unfortunately, a number of recent vintage and market unfriendly developments have emerged that have served to make me more pessimistic about the market's o...

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...

Market Fun House, Bond Yields, Nord Stream 2, Raytheon, Steel, No Dice Nvidia

Market Fun House, Bond Yields, Nord Stream 2, Raytheon, Steel, No Dice Nvidia

I had actually worried a bit that Arm was going to take Jensen Huang's eye off of the ball. That worry can now be put to bed.

Meta Platforms Cut at KGI Securities

Even My Mom Says FB Isn't Cool. But Are We Taking Things a Little Far?

Even My Mom Says FB Isn't Cool. But Are We Taking Things a Little Far?

This hate for tech and love for energy just doesn't add up. Let's check the charts and indicators.

Don't Look for Earnings to Buoy Stocks as the Year Progresses

Don't Look for Earnings to Buoy Stocks as the Year Progresses

Comparisons with the previous year are going to grow increasingly tough, and inflation is likely to eat into consumer spending, too.

5 Long Adds

Adding to the following longs: , , , and .

Week in Review, Oil, Jobs Data, Peloton Suitors, Uber Earnings Preview

Week in Review, Oil, Jobs Data, Peloton Suitors, Uber Earnings Preview

It was a solid, though volatile week for U.S. stocks.

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.

2 Small Moves

I reflected analytically on two broken stocks, Meta and PayPal  , over the weekend.  Upon reflection and in premarket trading I am back, in a small way, long both FB and PYPL.

Index Charts Look Very Poor But Watch for Rotation Into the Worst Sectors

Index Charts Look Very Poor But Watch for Rotation Into the Worst Sectors

Trying to find good counter-trend moves in the hardest-hit stocks is tough.

Is FB Really the Master of the Metaverse?

Is FB Really the Master of the Metaverse?

The metaverse is a forest while Meta Platforms is but a tree -- but a tree on which money still grows. For now.

Meta Platforms

I am out of at $240.50 for a loss.

This Was a Jobs Report Market Bulls Didn't Want to See

This Was a Jobs Report Market Bulls Didn't Want to See

So how do you play this? Here's how.

The Economy Goes From Bad to Worse

The Economy Goes From Bad to Worse

The central bank is clearly between a rock and a hard place.

Are You Looking for Logic to This Market? Forget It

Are You Looking for Logic to This Market? Forget It

The extreme reactions to this week's earnings reports make trading at this time challenging, to say the least.