The fundamentals: YY is a Chinese company with a popular streaming platform. Below is the summary of their latest earnings report: YY reported revenue of $518 million, beating analyst estimates for $487.8 million and up 43% in local currency. It reported adjusted earnings of $1.72 per share, beating Wall Street's view of $1.52 With social platforms, it is...
The fundamentals: Alteryx delivered another strong quarter, despite fears that growth is slowing. However, the stock price fell back down after a short run-up to earnings. Long term, AYX still looks good and will likely continue to deliver strong results. The technicals: RSI is hovering around 50, signaling a decent entry point. It is currently trading around 13%...
AbbVie's bread winner is Humira - this drug accounts for the majority of their revenue. However, they did forecast that by 2020, revenue from Humira will be $21B - which is about 75% of their 2017 revenue of $28.22B. Since AbbVie depends so heavily on their flagship, their stock is fairly volatile, giving this play more of a risk. Consider well-hedged positions...
If you've followed the calls made by Citron lately (e.g. short NVDA W SHOP etc.), you'll know that there is big money to be had doing the exact OPPOSITE of what he calls. Today Citron made a call for a SNAP long, targeting $17. The play: Get in, make a quick buck, get out. Be disciplined and don't get caught out by a short squeeze.
The fundamentals: Another quarter of solid growth for Applied Materials, who provide equipment used in semiconductor fabrication. While investors cheer on (the now overbought) MU, AMAT also has room to grow. Even if growth appears to be slowing, this dip puts it at a good price. The technicals: RSI(15) is just under 50, meaning it is neither overbought nor...
SEDG (Solaredge) was sold off rapidly in the past 3 days, which was unsurprising, given the massive run-up after earnings. It is now near a support level: approximately the price it was hovering around pre-earnings, presenting a good opportunity to go long. This play is risky. The stock is still a "falling knife". Short term target: $54 - $58 monthly calls
A few weeks ago, I published a short-term NVDA play that worked out very well - riding the run-up to earnings, targetting $245 (and failing that, sell it right before market close on earnings day). Profits on at-the-money June calls were 100%+ As expected, they handily beat expectations. The stock price, however, were down the day the next morning. The run-up was...
The last time I published an idea on Lockheed, I had a price target of $360. That target was hit very briefly before a massive Defense sell-off. BA, LMT, NOC, RTN all announced earnings recently and were all hit hard. LMT is approaching oversold territory (some may argue that it is already in) according to RSI - something we've not seen since the end of 2016....
Nvidia has seen massive growth in the past year. They will be announcing Q1 earnings next Thursday (May 10) after close. Expectations are very, very high, and the run up to the earnings call can be explosive, as well. However, with expectations so high, it also becomes more risky to hold a position through earnings (EPS estimate is almost double that of Q1 2017,...
LMT really took off (pun intended) in the days leading up to and following their last earnings report, only to return to the landing strip again before taking another shot at $360. It is now back to home base and looks to be refueling before trying $360 again. On Friday, LMT scored a sizeable contract with the USAF for training support, and with no shortage of...
Lam Research once again delivers an earnings report that beat expectations, but without raising guidance. Once again, just like after the last earnings report, this lead to a dip in the stock price. Buy the dip somewhere below $200 - look out for reversal patterns on when to jump in.
To keep it short and sweet: GE has been bearish since the beginning of 2017, and it doesn't seem they've done enough to turn it around. Yesterday's low was the lowest since 2009. If nothing substantial is done, we can potentially see the price drop to $10 by end of the year.
Wynn Resorts recently went through some tough times after Steve Wynn's name was dragged through the mud. He has since stepped down as CEO and the stock looks to be stabilizing. This can potentially be a good long opportunity, given Wynn Resorts' excellent Q4 results and overall decent 2017. This is a risky play but can potentially have very nice medium-term...
This play is about as straightforward as it gets. The Kodak blockchain project hasn't exactly hit the ground running, and the money has been pulling out. My previous play was taking a short position and target $6.8 - and it played out fantastic. This time around, the profits won't be so great, but I believe that we'll see KODK back to $3-$4 very soon.
YY is a Chinese video social media platform, most prominently featuring video streaming. It has a massive user base (although many outside of China have never heard of it) with over 300M users and is rapidly growing. After the most recent earnings report, price of the stock went from $140 to as low as $115 - and as far as I can tell, there was no "fatal" bad...
XRPBTC has been sliding since its peak in early January, and I've personally been bearish on it since it formed a head & shoulders pattern on the way down. This week, we've had a few signs of a trend reversal. For the past few days, XRPBTC has been forming a flag pattern (which is typically a continuation pattern). It bounced back strong off 11.2k sats flag...
>be Snap Inc. >announce first ever earnings "beat" >"we blew less money than expected" >moremoneypls.emoji Get yourself some March/April puts
Apple will do their Q4 earnings call after-hours tomorrow (2018/02/01), in a week where a lot of other big cap tech companies have done the same. This ER may give you some reasons to worry... After hitting a new ATH at $180, AAPL has retraced back to about $166. Fairly normal stuff, especially after rumors of iPhone X sales doing poorly, and Apple subsequently...