Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news. RISKS ALREADY PRICED IN FACEBOOK SHARES: On October 17, Baird analyst Colin Sebastian said he believes Facebook’s (FB) shares have embedded some downside risk
October 21, 2018
Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news. RISKS ALREADY PRICED IN FACEBOOK SHARES: On October 17, Baird analyst Colin Sebastian said he believes Facebook’s (FB) shares have embedded some downside risk
Most people seem to assume that tech giants like Google and Facebook are invincible. It’s true that these companies have built an incredible “technology moat” that the competition needs to cross. These guys are light years ahead of the competition
AT40 = 16.3% of stocks are trading above their respective 40-day moving averages (DMAs) – 3rd day of oversold period following 4-day oversold periodAT200 = 33.6% of stocks are trading above their respective 200DMAsVIX = 19.9Short-term Trading Call: bullish Commentary
There was no reversal on the ‘bear flags’ but in the case of the Semiconductor Index and Russell 2000 there were breakdowns from those same ‘bear flags’. The Russell 2000 broke the ‘bear flag’ as the ROC dropped below zero
Real estate market trends typically echo the current state of the housing industry. Trends are, after all, typically the direct result of recent events that have transpired in a particular region. As a result, real estate market trends have become
The EU is holding out an olive branch to the UK, but it’s poisoned with fears the Uk will be trapped in limbo forever. Angela Merkel is beginning to bend a bit on Brexit. She has to. German exports will
Fundamental Forecast for EUR/USD: Neutral Volatility has remained high across asset classes, but the Euro hasn’t been a focal point of attention so its moves were limited last week. The forthcoming ECB meeting should be a dull one as policy remains on
Franklin Templeton launches three new geographically focused ETFs, Franklin FTSE Saudi Arabia ETF FLSA, Franklin FTSE South Africa ETF FLZA and Franklin FTSE Latin America ETF FLLA. These ETFs are linked to market cap weighted foreign stock indexes and listed on the NYSE (see: Goldman Sachs Launches TIPS
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits.
