|Day Low/High||195.93 / 205.37|
|52 Wk Low/High||169.00 / 384.33|
Worries of Amazon made for some wild moves, but the sellers were proved wrong.
Here's how to approach Snap and Pinterest, without getting hurt.
The founders of Amberwave leapt from the safety of U.S. Treasury gigs to the 'jungle' of the exchange-traded fund world. Here's why I'm intrigued with this fund that's focused on jobs, security and growth.
The positive spin is that the corrective action is playing out in a pretty routine fashion.
Meta Platforms fall from grace just hastens the rotation into value - so conspicuous today - media, financials leading.
What's notable is there is not the same intense selling in many of the stocks that did so poorly Wednesday.
The drop in the shares of Facebook's parent after disappointing results recognizes how overvalued the stock has been.
Selling some March $445 ($10.70) and $440 puts ($8.40) against my short calls - on whoosh lower. Scaling a buy in .
* On Tuesday, February 1, I "adjusted my sails" and turned more negative into the amazing market rally that started in late January * I remain defensive "Scenario #2 (35% probability?) The S&P rallies from Monday's close of 4410 to 4500-4600 - to t...
Is Facebook's parent another high-flyer that has fallen out of favor or is it just another stock that got way ahead of itself?
We will have an interesting test Thursday as the market deals with the fallout of Facebook.
The plunge in the shares of Facebook's parent is reason for a reassessment for how the stock is trending.
I took a trading long rental in Meta at $250.99 in premarket trading. Rationale later as a bit busy trading.
Just a week ago Jerome Powell referred to the labor market as 'strong.' Now, economists, traders, investors, and the public are just not quite sure what to expect Friday.
"Yesterday all my troubles seemed so far away. Now it looks as though they're here to stay. Oh, I believe in yesterday." - The Beatles, Yesterday I will have a lot more about the markets in my opener, "It's Scenario #2." But before I do I want...
As another 'fan favorite' gets hit hard, consider this to be part of the changing nature of the market.
For various reasons, computer algorithms are putting heavy pressure on some areas of the market.
I will remind you all -- as I mentioned in the comments section -- that there was universal optimism on Meta Platforms in the business media over the last few days. Another lesson learned. I covered my and shorts on the FB disappointment at $454 an...
Overnight the U.S. national debt clock whirled past $30T for the first time in history.
After the roller coaster ride over the past month, the last thing a trader wants to do is give back these gains.
OPEC-Plus will meet Tuesday, as the threat of conflict on the Russo-Ukrainian border has put a rising bid under crude/energy prices.
But regulatory hurdles could zap big buys into the danger zone.
"Just one more thing." - Lt. Columbo I bought back my Netflix after Pershing Square announced that they have purchased over three million shares. And I reestablished Meta long.
Out of , , and in premarket trading. Sold small and at $440.50 and $352, respectively. I forgot to mention that I purchased this week. Small.