Another Blow-Off Top for Yelp.com

(This is an excerpt from an article I originally published on Seeking Alpha on August 10, 2012. Click here to read the entire piece.) {snip}…The chart below represents all of YELP’s trading history to-date. Source: FreeStockCharts.com The chart cannot show the magnitude of the trading volume given the large distortion from the first day of … Read more

Buy the Dips As The Post-Earnings Trade in Amazon.com Continues To Deliver

(This is an excerpt from an article I originally published on Seeking Alpha on July 30, 2012. Click here to read the entire piece.) For the second earnings cycle in a row, I failed to execute the post-earnings trading strategy for Amazon.com (AMZN) to buy the open (see “After Amazon.com Earnings, Buy The Stock At … Read more

Amazon.com Closes In On Its Endgame As Sales Taxes Loom

(This is an excerpt from an article I originally published on Seeking Alpha on July 17, 2012. Click here to read the entire piece.) In “Tax Break Nears End For Online Shoppers“, the Wall Street Journal reports that the final dominoes appear to be falling in favor of providing states authority to tax online retailers. … Read more

A Bottom for Netflix Is Not Confirmed Until Its Next Earnings Report

(This is an excerpt from an article I originally published on Seeking Alpha on July 11, 2012. Click here to read the entire piece.) In the past, I have only had bearish things to say about Netflix (for example, “Netflix Tags the $110 Target But More Downside To Come” from September 30, 2011). However, I … Read more

Chart Review: Back Into Puts As Yelp.com Fails to Establish New Highs

In about one month, Yelp.com (YELP) doubled from its all-time lows to a retest of its all-time highest close. Along the way, Apple (AAPL) made the following announcement on June 11th: “…local search includes information for over 100 million businesses with info cards that offer Yelp ratings, reviews, available deals and photos.” YELP did not … Read more