NFLX at lower support, channel bottom. Potential for lift back to previous highs. Aggressive potential technical trigger consideration (not shown) is a lift through the 13ma and green s/r just above market ($93.00). Waiting for break above $98.30 offers less risk. If the market continues to break down, dropping below $79.50 could offer opportunities for […]
AMZN large potential consolidation after breaking up through expanding wedge. Potential for another wave down, back to channel support. Several potential trigger considerations IF the market starts heading back down, $678.25 being the most aggressive. If the larger positive trend continues, breaking past previous highs ($725.50) would have us looking towards the next projected levels.
FB has been in a strong up trend. Currently reached the top of trend channel – watching for break ($121.20) for a move tot he next projected levels; or a drop through $112.75 for a potential move back previous supports. chart page
Despite record amount of money flowing into venture capital, funding for startups is drying up “If that suspended disbelief ends, all hell breaks loose,” ‘Startup investment has cooled. Valuations are falling. But many investors and entrepreneurs haven’t grasped the new reality.’ “winter is coming and venture capitalists know it.” Keith Rabois, a partner at Khosla […]
Amazon has done it again. Moments ago Jeff Bezos’ company reported Q1 earnings that blew away expectations, when it printed revenues of $29.13 billion, well above the expected $28 billion, generating EPS of $1.07 almost double the expected $0.57. However, it is what drove this surge in profitability because while AMZN reported a respectable jump […]
And just like that the “no brainer” party’s over. Remember when in January 2014 Carl Icahn laid out his extensive thesis on why being long AAPL is the best investment out there? Or when a little over a year later, hoping for even more stock buybacks (even as he was decrying short term activism) he […]
If yesterday it was doom and gloom for tech stocks, then today it’s Facebook’s turn for soom upside down frown turning boom. Moments ago the social network reported another round of blowout results, as follows: FACEBOOK 1Q REV. $5.38B, EST. $5.27B FACEBOOK 1Q ADJ. EPS 77C, EST. 63C FACEBOOK 1Q DAUS 1.09B, EST. 1.06B […]
FANGs had their worst 3-day run in almost 3 months, back to 6-week lows… FACEBOOK AMAZON NETFLIX GOOGLE
First it was Twitter, now it is consumer tech titan AAPL’s turn to tumble. For those pressed for time, here is the breakdown: APPLE Q2 REVENUE $51.56BN, EST 251.97BN APPLE Q2 EPS $1.90, EST $2.00 APPLE SEES 3Q REV. $41B-$43B, EST. $47.4B APPLE SOLD 51.2M IPHONES IN 2Q, EST. 50.7M APPLE SOLD 4.03M MACS IN […]
