1:00pm (EST) “Don’t you know that you are a shooting star, And all the world will love you just as long as long you are you.” – Bad Company We normally wait until Friday’s to crank up some office tunes as a way to wind down the week and relieve
Holy Tweet! Twitter (TWTR) Trips $50/ New Trade!!!
Facebook (FB) Soars, Shorts Run for Cover/ Profit Alert (MGM)
1:15pm (EST) Shares of Facebook (FB, $33.71, up $7.20) are surging 27% following a blowout quarter after the close on Wednesday. We mentioned this morning shares had cleared $30 last night and the gains have held as we enter the second half of trading. The company reported a profit of
Last Chance Special Offer/ Amazon.com (AMZN) Beats Expectations, Market Mixed
12:00pm (EST) Amazon.com (AMZN, $254.55, down $20.15) shares are getting hammered today despite reporting a better-than-expected quarter after the close last night. The company reported earnings of $0.18 a share on revenue of $16.1 billion. The suit-and-ties were looking for $0.08 a share on revenue of $16.14 billion. The slight
Bulls Holding Support/ NEW TRADE Alert!
12:10pm (EST) We said this morning the bulls needed to get off to a good start or at least hold current levels as the action today has once again been choppy. The Dow and S&P 500 have had a little success this morning but Tech has been weak which has
Facebook (FB) Shares Flood Wall Street/ NEW TRADE ALERT
12:30pm(EST) Shares of Facebook (FB, $21.65, up $1.79) were hard to get before its Initial Public Offering (IPO) but have been easy as pie to buy since. The whip cream came today when another 800 million became available for trading. Shares are down 50+% from its IPO peak of $45
Facebook (FB) Rallies, Apple (AAPL) iPhone5 News Expected
12:45pm (EST) Futures were showing a nice pop late last night for Wall Street today ahead of Germany’s Constitutional Court decision which came shortly after the European markets opened. To make a long story short, the Germans approved $500 billion more in bailouts after signing-off on the European Stability Mechanism
Dow Trips 13,000/ FaceBook (FB) Taps New Lows
1:45pm (EST) The news Wall Street has been dying to hear finally arrived after Thursday’s close as FaceBook (FB, $24.07, down $2.77) announced its first quarterly earnings as a publicly-traded company. There was much debate on where their numbers would come in at and not one analyst stepped-up to the
Is Facebook (FB) a Falling Knife?
12:15pm (EST) Wall Street Notes: Facebook (FB, $27.33, down $0.86) Weekly Options started trading today. There has been more put buying than call buying since shares went public. In eight trading sessions, shares have ended lower in 5 of them. Today would make 6-out-of-9. We have been watching the options