Here’s the Amazon Support Level We’re Watching After Selloff
As the last hyperscaler reports, let’s review the results, and also connect the dots to additional Portfolio holdings.
The Best Argument to Buy Alphabet and Meta Now
Here’s why I initiated a position in Alphabet and added to Meta after their selloffs.
Tech Trades
I have taken several trading long rentals (off an oversold):
* $AMZN $225.66
* $META $614
* $GOOGL $280.62
* $BABA $98.15
Positions: Long AMZN VS META VS GOOGL VS BABA VS
Tech Weighs on the Market, Midterms and Inflation Data Around the Corner: 8 Key Items Shaping the Stock Market Friday
Microsoft’s debt deal, Binance’s $6.3 billion hack and other headlines moving the market this morning.
Will Investors Rotate or Run as the AI Reset Gains Traction?
Amazon gave investors a promising story for its cloud business, but the market is worried about short-term costs.
Will Questionable Tech Earnings Be Enough to Change Sentiment?
With tech stock earnings disappointing investors, does this mean that we’ll see a change in sentiment? Plus, three new ideas from me.
Updates on GOOG and META
Just opened a small position in $GOOG at $280. There is good support near $271, so I see it as a high-reward, low-risk opportunity. Now that the stock has dropped 13% today and nearly 30% since May, GOOG is reasonably valued.
We also added to our initial position in $META, and now have a cost basis of about $630 in that stock. This plan was laid out in a previous article.
Writing up GOOG and META with charts and explanations now, article to follow tomorrow morning.
This Holding Comes Under Pressure Following Acquisition Report
We can see several reasons for a deal, but the real question is how much is Marvell willing to pay up?
Here’s What Scares Me About Semiconductor Stocks
Investor response is very different to earnings announcements from Samsung Electronics and SK Hynix. Here’s why, and what investors should really be watching.
New Microsoft Price Target as $33 Billion Cloud Update Turns Heads
Waiting for answers on 2027 free cash flow and capex questions could keep the shares capped near term.