ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
A month ago, I took issue with a UBS downgrade of Amazon (AMZN) and tried to demonstrate how this analyst action and commentary could be twisted into a blueprint for a buying opportunity. At the time, I noted that a test of the November lows on a 13% drop could produce the 8% upside potential … Read more
Competition For Online Video Content Heats Up : NPR When it comes to providing consumers with movies and TV shows online, Netflix is king with its more than 20 million subscribers. But the competition for serving up content on computers, TV screens and mobile devices is heating up fast. (tags: Amazon Netflix video internet online_video)
In “The Tech Trade,” Eric Savitz provides details on a downgrade of Amazon.com (AMZN) by UBS. The title seems quite alarming: “Amazon: Streaming Video Will Pressure Margins, UBS Warns.” After I realized UBS was taking its price target from $195 to $180, just above AMZN’s current price of $177, I wondered why this research note … Read more