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.

Monday, April 16, 2018

Tesla: Musk Statements, Bold or Uh Oh

Elon Musk had some bold comments recently. He tweeted, "Tesla will be profitable & cash flow+ in Q3 & Q4, so obv no need to raise money." If true it's huge for the stock.

The question is of course is that the hope or the reality.

You can see in our model (click TSLA and scroll around) that we have negative cash flow and negative cash meaning either Tesla (NASDAQ:TSLA) raises cash or that's all folks.

Musk's comments have to be considered because they imply that Tesla would ramp Model 3 production huge and blow away our numbers, while at the same time run super-efficient to shrink the negative Model 3 gross margins and see margins jump way past our expectations.

FANG Stock Index Intro, Tech Earnings Season Preview

We're introducing the FANG Stock Index which we think deserves tracking. Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Google (NASDAQ:GOOG) matter to investors and helps drive psychology for tech investing in general.

A quick scan of the performance isn't that bad this year. The FANG Stock Index is up 33% year-to-date (YTD) mostly driven by Netflix up 62% and Amazon up 22%. Facebook is down 6.8% YTD and Google is down 1.7%.