Salesforce is one of those stocks where every time I think their growth can’t get any better, they turn around and show that their growth is still just getting started. This chart shows that. Check out the quarterly revenue chart on the bottom panel. Wow. Continued growth and now they are doing $5 billion per quarter. They have yet to no *not* grow. At this point...
I thought about this chart because as I am typing I am drinking from a Yeti mug. I am familiar with the brand and a lot of young people are as well. They really do have a strong presence and are smart marketers. With that being said, I have never owned or traded this, but am well aware of it and have had it on my watchlist. The chart I have here shows YETI since...
Apple is truly massive. Their market cap is nearing $2 trillion. I know no one who saw that coming. The interesting thing is that maybe Apple's growth is a sign of the global economy actually thriving. More iPhones, more wealth, more apps, and more connectivity. Is that really bearish? Sounds bullish. It is hard to be a glass half full person. Apple's tremendous...
Datadog said it earned $284,000 in the quarter when most analysts had expected it to lose money. The stock is down about 12% right now. How does the management team not know it's way cooler to lose money? They clearly did not study the Hooli playbook well enough. I'm just joking. But I am looking at Datadog after earnings and well, it has me thinking. This thing...
I wanted to share this chart to simply show a long-term historical view of where gold came from and where it is today. These charts are history lessons and they can teach us a lot about markets, society, and what a large group of traders and investors are thinking all at once. Gold crossed $2,000 for the first time ever and you have to wonder if the precious...
A really simple chart that I want to share to show the outperformance of tech the last few months. The Nasdaq-100 is now up 23% YTD. 23%! Who saw that coming after the March crash? Not many. It will be interesting how much higher the tech sector can go, but it sure is fascinating to watch. In a way, it's the ultimate pain trade for a lot of the legacy investors...
This chart shows the immediate reactions of Amazon, Facebook, and Google earnings. Who won? Facebook is at all-time highs during this writing. It's also trading higher by more than 6%. The initial Amazon reaction is +4% and Google is +1%. Here's a breakdown of each report. These earnings report snapshots com courtesy of LiveSquawk: Amazon Q2 20 Earnings: - Net...
Hey everyone, I recorded a video. My first of this kind. I breakdown the S&P 500 SPY and my thoughts on markets going into the end of the year. Let me know what you think. I make an important point at the end of the video: always do your own research. This is just me thinking out loud. I could be totally wrong or maybe I will get it right? Let's find out and...
There are quite a few levels that still need to be taken out and one of those is the highs from 2019. The recent move has been fast and it’s been enormously impressive. But, I’ve noticed a lot of excitement and while that is good, a long-term approach is always helpful to slow down one’s thinking and process. I made this chart from the free TradingView mobile...
I created this chart simply to ask a question: everyone thinks the US Dollar will keep dropping. That will enable gold and silver and crypto to continue its rise. But what if everyone is getting too excited too fast? Markets rarely are this easy and more often than not they surprise people to the other direction. So I made this chart to simply start a...
I don't think many people saw this coming. The USDJPY has been trending down and continues to trend down. Obviously the biggest part of this trade is the carry trade and that ultimately drives the trading pair. Nonetheless, look at the downtrend on a longer term timeframe and the lows from 2012. Would it be so crazy that the Dollar continues to depreciate to those...
Really, really remarkable to see this. Remember the Greek/eurozone debt crisis? That's what the big spike is. Now, here we are. Greek bonds are nearing their lowest levels ever. The only explanation is that people are seeking the safest form of assets in government bonds and Central Banks are becoming more helpful managing debt and supporting their countries. I...
Okay as a long-term follow of Twitter I want to quickly chart the stock and write my thoughts here. Let's go: 1. There is still so much resistance to clear and it goes back to its IPO. 2. This resistance is heavy and each red circle actually shows how many people have cleared out and run at various points when the stock has tried to go higher. 3. Twitter is still...
The earnings report was okay to me. I'm not sure I totally get the hype. I mean they did well, but nothing caught my attention and made me say - yes this is the report that send its up another 100% to a $600B valuation! I actually left the report thinking it could chop sideways for a while. But here's the thing... People have been bearish on Tesla for the...
Snapchat is worth $36 billion and they've been burning ~$300 million a quarter for almost 15 straight quarters. It's kind of impressive at this point. I think Uber is another company that gets away with this. I would be curious to hear any and all bull cases.
I am watching the EURUSD because it seems like an interesting pair that describes two wildly separate monetary and fiscal polices. They diverge in many ways and I don't think they share much in common. Before we get to that, let me first say congrats to those who bought this near the lows because they believed in the trade, saw the set-up or knew the Euro was...
This is one of those stocks that I have always watched and the price action is pretty impressive. It STILL has not taken out its IPO-day highs and it's gone through years or harsh drawdowns followed by v-shaped recoveries. It is has not been an easy stock to hold for anyone long-term. With that being said, I marked some important levels such as the Volume Profile...
I have had my eye on this company for a while. It's been making PPE for 30+ years and is arguably one of the first to the industry. They've had a long road of trying to master their craft. Some recent transformations may have finally had them turning the corner after having a record quarter. I am watching this closely for an epic breakout. I should forewarn...