MICROSOFT’S LACK OF REVENUE GROWTH HIGHLIGHTS THE SOURCE OF TECH BUBBLE — SOURCE: 06-06-18 EconMatters – “Tech Bubble 2.0” — Microsoft`s recent purchase of GitHub for for 7.5 Billion in stock tells us a couple of things about financial markets right now. Namely, the number being discussed for GitHub was around 3 Billion, and Microsoft […]
AAPL, AMZN, MSFT, TRIGGER$ June 2018
THE FOUR STOCKS THAT ACCOUNT FOR OVER 2/3’s OF 2018 S&P TOTAL RETURNS — EXTRACTED FROM: 05-16-18 ZeroHedge – “These 4 Stocks Account For Over Two-Thirds Of 2018’s S&P Return” — It’s MANA that matters as just four stocks – Microsoft, Apple, Amazon, and Netflix – were responsible for over 68% of the S&P 500’s total return […]
AMAZON: NOW TRADING AT 146X FREE CASH FLOW AS CASH FLOWS PLUNGE 41% — SOURCE: 04-27-18 ContraCorner – “Jumping The Great White Shark Of Bubble Finance” Last night Amazon reported a whopping 41% plunge in free cash flow for the March 2018 LTM period compared to prior year. Yet it was promptly rewarded by a $50 billion surge in market […]
A CAUTIONARY NOTE ON OVERVALUED AMAZON — SOURCE: 03-30-18 SeekingAlpha – David Butler – “A Cautionary Tale On Overvalued Stocks Part 1: Amazon” — Summary Amazon, while extremely successful, is vulnerable due to its reliance on tax avoidance and pricing leverage (sometimes involving losses) to steal market share from competitors. If a single piece of […]
TRUMP DEMANDS WASHINGTON POST OWNED BY AMAZON’S JEFF BEZOS REGISTER AS LOBBYIST Trump also referred to the Washington Post, which is owned by Amazon CEO Jeff Bezos, as a lobbyist organization. — SOURCE: 03-31-18 Huffington Post – “Trump Ramps Up Attack On Amazon, Demands Washington Post Register As Lobbyist” — Donald Trump tore into Amazon […]
TRUMP ATTACKS AMAZON – SHIFTS TO “POSTAL SCAM” FROM “FAILURE TO COLLECT SALES TAX” — SOURCE: 03-31-18 Bloomberg – “Trump renews attack on Amazon, calling its shipping deal with Postal Service a ‘scam’ that must end” — Employees organize outbound packages at Amazon’s San Bernardino fulfillment center in 2013. (Ross D. Franklin / Associated Press) […]
SII: FANG & NOSH – TECHNOLOGY THE TOP SIX GLOBAL MARKET CAP COMPANIES (FOR FIRST TIME) Technology mega-caps occupy all top six spots in the ranks of the world’s largest companies by market capitalization for the first time ever. Up 39% this year, the $1 trillion those firms added in value equals the combined worth of […]
Below you can see the original post for ORLY’s technical set-up on May 6th, 2017; and the current market as of July 24th, 2017. The significant technical break around the $227 level occurred; and a low of $170 (+25%) was reached. While we had identified the $227 level as one of significance, there were also […]
“FANG & NOSH” COMPONENT, O’REILLY AUTOMOTIVE PLUMMETS –SOURCE: 07-05-17 ZeroHedge — “O’Reilly Automotive Plummets On Disappointing Sales; Mild Winter, Low Hispanic Spending Blamed” — O’Reilly Automotive stock crashed as much as 21% on 7 times its average daily volume, its biggest drop since June 2012 dragging the share price to the lowest since October 2014, […]
