Tag Archives for " AMZN "
Morning Call Express: Fear Trumps Greed
In today’s Morning Call Express, Kurt Capra talks about the selloff yesterday and what may have been behind it. He also looks at the financials for clues as well as where GLD may be headed before truly reversing. Kurt also points out some of the retailers that may have additional downside today and points out an interesting pattern in AMZN.
Continue Reading -->Morning Call Express: Digestion or Indigestion
In today’s Morning Call Express, Scott Redler discusses the weakness we saw yesterday and what we can expect this week. He also maps out how the recent “Trump Rally” had similar action to the Brexit move. Scott also looks at the chart of Apple (AAPL), Netflix (NFLX), Amazon (AMZN), and Gold (GLD).
Continue Reading -->Morning Call Express: Cyber Monday
In today’s Morning Call Express, Scott Redler looks at the SPX and talks about where the markets are at this morning, and the move up we have seen the last month. He also looks at oil (USO), Amazon (AMZN), Apple (AAPL) and others.
Continue Reading -->Morning Call Express: Happy Thanksgiving
In today’s Morning Call Express, Scott Redler talks about the all-time highs the market is at and what you should now be looking to do, depending on your timeframe. Scott also looks at the Biotech ETF (IBB) as well as Facebook (FB) and Amazon (AMZN). Don’t forget to enjoy your Family, friends, fitness and football!
Continue Reading -->Morning Call Express: Pre-election SPX Re-test
In today’s Morning Call Express, Scott Redler discusses the news over the weekend, the day before election day, and what to be looking for as far as support and resistance levels. He also talks about some high beta tech names and gives you a plan for today.
Continue Reading -->Scott Redler’s Morning Call Express: Fourth Quarter, Fresh Start
In today’s Morning Call Express, Scott Redler talks about the tightening range in the SPX and what levels to be watching as we head into a new month and fourth quarter. He also looks at the XLE in light of OPEC as well as individual names like AMZN, FB and some new issues.
Continue Reading -->Morning Call Express: Beta Time!
In today’s Morning Call Express, Scott Redler looks at the SPX and how yesterday’s action plays into his overall plan. With the AAPL event today, he also looks at the chart of AAPL and provides some techincal levels to keep an eye on for trading. He also looks at some high beta tech names as well that remain on his radar.
Continue Reading -->Morning Call Express: Don’t Fall Asleep At The Wheel
Don’t Fear Forex… Attend my buddy Kurt Capra free webinar tomorrow and learn why so many stock and options traders are embracing the lucrative world of forex. In today’s Morning Call Express, Soctt Redler talks about the current trend of the SPX and the key levels to be watching for technical support. He also looks at various sectors like the Nasdaq Biotech. (IBB) as well as key, high beta tech names like AMZN, FB, and others. Scott also notes that banks and gold could be key sectors to watch going into this week.
Continue Reading -->Morning Call Express: New Month
In today’s Morning Call Express, Scott Redler welcomes us to a new month and talks about the sideways action we have seen in the SPX and what levels to look at for movement. He also looks at recent earnings names like AMZN and GOOGL along with a game plan for each. Scott also looks at the action in FB and AAPL.
Continue Reading -->T3’s Take T3: Pop & Drop at the F.B. Corral!
By Michael Comeau 1) Lucky 13 for Facebook Yesterday after the close, social media giant Facebook (FB) delivered a massive earnings beat, sending shares as high as $133.91 in extended trading, or up 8.6%. The company is seeing significant growth in mobile, higher revenue from Instagram, and improving user engagement metrics, Facebook’s huge numbers weren’t exactly a surprise, since the company had beaten Wall Street’s earnings estimates for 12 straight quarters, making yesterday lucky number 13. This set the stage for a sell-the-news reaction, and Facebook finished well off the highs at $125.00 up 1.4% on the day. However, Facebook shares are still doing incredibly well in 2016 with a 19.4% year-to-date gain. 2) Jeff Cooper on Facebook’s Exhaustion Signal This afternoon, my buddy Jeff Cooper issued an interesting take on Facebook’s weakness: FB is poised to leave a large-range Gilligan sell signal if it closes at/near session lows. This is an exhaustion signal marked by a gap up to a new 60 day high with a close at/near session lows. AAPL is a different pattern as its earning’s gap was not a gap to new 60 day highs or 52 week highs or all time highs as is the case with FB. My takeaway is that institutions are scale-up sellers on pops. Tomorrow we get the reaction to two other FANG stocks (AMZN and GOOGL). If they react similarly to FB or don’t blow out expectations, there may be nothing left on the table to prevent a slide. 3) Another Day, Another Grind Given that crude oil is a major drive of equity market sentiment, I’ve been a bit surprised at how well equities have held up in the face of oil’s near-20% decline off the highs. And again today, we saw oil decline sharply… and stocks basically rolled their eyes. The S&P 500 went nowhere for the second day in a row, finishing at 2170.06, up 0.2%. In fact, the S&P hasn’t made a 1% move since July 8. Facebook and Apple’s (AAPL) small gains today helped the Nasdaq outperform. Biotechnology led the decliners’ column today, with the S&P Biotech ETF (XBI) falling -0.5%. Energy stocks were down on oil’s decline, with oil service names showing notable dips. P.S. My partner in crime Kurt Capra is hosting a FREE trading webinar after the close on Tuesday, August 2, 2016. Click here to sign up
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