Many were forecasting a miss from Facebook (FB) after the bell today, but the company surprised some skeptics by matching the analyst estimates of .12/share on an adjusted basis excluding compensation expenses related to the IPO. However, this is a growth company with a lofty valuation, so just matching isn’t going to get it done in many cases. After initially rising, the stock has reversed sharply and is now down another nearly 10% in after … Read the rest
All posts by Tate Dwinnell
Apple (AAPL) Rare Earnings Miss, But Strong iPad Sales Should Keep Bullish Trend Intact
Apple (AAPL) shocked investors on Tuesday with a rare earnings miss. The huge technology company has now seen its shares fall 5% in the two days following its earnings report. It’s time to take a look at the earnings report and see where Apple shares may be headed going forward.
For its third quarter, Apple reported revenue of $35.0 billion. The company’s net profit was $8.8 billion, translating to earnings per share of $9.32. Analysts … Read the rest
Microsoft (MSFT) Sluggish After Earnings, But Slew Of Product Launches Could Be Catalyst
Microsoft (MSFT) shares still can’t seem to take off, even after posting record fourth quarter and full year earnings. Last week, Microsoft reported great numbers, confirmed guidance, and touched on some new product offerings that could prove to be catalysts for the company’s shares. If you look at the longer term chart, the stock actually remains in a bullish pattern, having broken out of a long one year base earlier this year and digesting those … Read the rest
Facebook (FB) Stock Review: Downtrend Remains, But Selling Less Aggressive
In my first post regarding the Facebook (FB) IPO, I talked a lot about waiting at least 10 trading days before making a decision on whether to trade the stock. While my initial theory of the stock running up for a few days didn’t play out the strategy of waiting proved again to be effective. The important take away from the first post was that if you jump in the first day, you run … Read the rest
How To Trade The Facebook (FB) IPO
With the Facebook (FB) IPO expected to begin trading on Friday as the one of the most hyped, talked about and biggest internet IPO in history, I thought it would be a good time to review IPO trading strategies which not only applies to the Facebook IPO, but to all IPO’s. It’s a strategy I’ve been discussing for awhile now, first posting about the strategy in 2006 and then again during the Visa IPO in … Read the rest
Yelp Inc (Ticker: YELP) On Verge Of Technical Breakout
The headline says it all. Shares of Yelp Inc (YELP) may be on the verge of a technical breakout from a bullish triangle formation. More on that in a bit. First let me be clear that from a fundamentals and business model standpoint I flat out don’t like Yelp in the least bit. For one, I like companies that aren’t burning through cash. Yelp continues to grow and as they grow, the losses pile up. … Read the rest
Amazon (AMZN) Makes Biggest Purchase Since Zappos.com, Breaks Out
The trading action in shares of Amazon (AMZN) was quite bullish today following news the company made its largest acquisition since the billion dollar acquisition of Zappos.com in 2009. Amazon acquired Kiva Systems for $775 million which is perhaps one of the most interesting purchases because it wasn’t just another internet retailer. Kiva Systems makes robots that increase warehouse efficiency and these robots had been used by companies like Diapers.com and Soap.com both of which … Read the rest
Commerce Department Imposes Tiny Tariffs On China Solar; YGE, STP, TSL Rallying
News broke not too long ago that the US Department of Commerce has in fact agreed that China is unfairly subsidizing China solar companies which is creating unfair competition and hurting US solar companies. The reaction? Tiny tariffs! I mean these duties are negligible and the reason some of these China solar stocks are rallying in particular Yingli Green Energy (YGE) up over 13%, Suntech Power (STP) up over 7% and Trina Solar (TSL) up … Read the rest
Apple (AAPL) Touches $600 Again On Strong iPad Sales, Dividend, Buyback
Apple (AAPL) continues its flirtation with the $600 level this morning on more bullish news in the form of a dividend announcement and stock buyback program. Add to that the robust iPad sales & strong technical action and you have the recipe for a surge above the $600 level. With a test and fail at that level last Thursday and again this morning, it appears the stock may just need to rest for awhile before … Read the rest
Bullish Alert: Tesla Motors (TSLA) Breaks Out Of Cup With Handle Base
Tesla Motors (TSLA) has finally made the move I have been looking for… a breakout to a new 52 week high and within a stone’s throw of a new all time high. Technically, the stock actually broke out of a cup with handle base yesterday and today it added to that gain confirming the breakout from this bullish base. What does this mean? Well, it greatly increases the odds of a significant move in shares … Read the rest