Thursday, April 26, 2018

Samsung's Bullish Comment Today For NVIDIA And AMD

Samsung reported strong earnings today. What jumped out as a positive for AMD (NASDAQ:AMD) and NVDIA (NASDAQ:NVDA) is the implication that China datacenter demand appears to be accelerating.

Wednesday, April 25, 2018

Facebook: Great Earnings Results Drive Stock Break Out

Facebook beat Street estimates by about $.32 putting to bed all the privacy hype fears. Revenues didn't slow they accelerated. We have continued upside for the rest of this year as we'll review.

AMD: Shorts Are Trapped After Strong Quarter

We expected on Monday that AMD (NASDAQ:AMD) crypto bears would be "caught short." Earnings beat and the guide was strong. Add to that their crytpo story wasn't that weak after all especially given the crypto price drops.

Monday, April 23, 2018

AMD Bears Caught Short This Week For Earnings

We previewed a number of our companies on Friday including AMD (NASDAQ:AMD). We wanted to point out that we noticed the ratio of puts to calls has dropped likely meaning large investors are less bearish. Uh oh shorts.

Friday, April 20, 2018

Preview: FANG Stock Earnings Season Completes Next Week

Earnings season starts in earnest next week. Netflix reported. The rest of the FANG stocks report next week; Google, Facebook and Amazon. Let's preview.

Thursday, April 19, 2018

TSMC Weak Crypto? Oh Really? Look Out AMD NVIDIA Shorts

AMD (NASDAQ:AMD) and NVIDIA (NASDAQ:NVDA) stocks are both down premarket because of reports that TSMC warned about weak crypto demand.

Really, c'mon, let's see what TSMC really said.

This is from the TSMC press release today,

Facebook Stock Chart Above A Key Level

Let's do a quick review of the Facebook (NASDAQ:FB) stock chart. After all that negative privacy news Facebook's chart is peaking above a key support /resistance.

Let's look. You see in the chart below we drew a line of key support/resistance. That's the level where Facebook either broke out, held or broke down. It's a key level.

Wednesday, April 18, 2018

FANG Stock Index About To Hit New Highs

With the performance of Netflix (NASDAQ:NFLX) yesterday and the market follow through today, the FANG Stock Index is about to hit new all time highs.

That is important when considering how much bearishness came to the fore with negative macro news over the last two months.

FANG leading tech even with FANG component Facebook's (NASDAQ:FB) negative data privacy headwinds, new highs for FANG is impressive and a bullish sign for markets.

Tuesday, April 17, 2018

FANG Stock Index And Tech Stock Market Review

We mentioned yesterday morning that we saw the S&P 500 (NYSEARCA:SPY) go from a downtrend to an uptrend late last week and expected the trend to be a good sign for earnings season. With another up open today it's one more tick of confirmation.

The Lack Of Bad News Is Good News

The lack of bad news is good news. As we said and want to reiterate, macro took the market down but bottoms-up fundamentals can take the market higher now that we're in earnings season.

Netflix: You Have To Do The Earnings Math, $650 Target Price

Netflix (NASDAQ:NFLX) reported another huge earnings quarter last night. The exciting part is Netflix is about $13B in revenues and the growth is.... accelerating. The margins are accelerating. And the company hinted on the earnings call last night that it should continue. This is turning into a serious earnings story.