ONE-TWENTY TWO: Trading Financial Markets
Since the year 2000, delivering a different narrative for students and fans of financial markets: stocks, options, currencies, Bitcoin, and more…
(This is an excerpt from an article I originally published on Seeking Alpha on February 3, 2013. Click here to read the entire piece.) {snip} Another Amazon.com (AMZN) earnings call, more unimpressive guidance (this time, Q1 guidance for $15.0 to 16.6B revenue below expectations and for operating income -$285 to 65M around expectations), an immediate … Read more
For this chartfest, I do not have time to provide extensive commentary. So, this is mostly a visual presentation of the charts with some labels or notes to point your attention to what I think is most interesting from a trading perspective. Feel free to post questions if anything is not clear. Enjoy…! I have … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 6, 2012. Click here to read the entire piece.) The Amazon.com post-earnings trade ended down for this final quarter of the year. It was a rare miss that included some important moves in the stock. The chart below shows the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 29, 2012. Click here to read the entire piece.) “If Amazon were an ordinary company, investors would long ago have strapped its management to a rocket ship and sent it far, far away.” From “Amazon and Its Admirers Shrug Off … Read more
The 200-day moving average (DMA) has been Apple’s friend since the stock bounced from its March, 2009 lows. A break during June, 2011 was short-lived and the stock survived two more tests of this critical long-term support later that year. Starting in January of this year, Apple (AAPL) pulled sharply away from its 200DMA until … Read more
(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
(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
The opportunity to go short on Amazon.com (AMZN) was short-lived. Just last week I pointed out how AMZN triggered a post-earnings short again. I missed the first breakdown and was looking to play a second move down. It was not to be. Instead, on Monday, AMZN flipped back into bullish territory. I followed suit by … Read more
On May 18th, I wrote that Amazon.com (AMZN) had triggered a post-earnings short by closing below the low of trading in the immediate aftermath of the last earnings report (at $220). However, I did not recommend pulling the trigger because the market was oversold at the time. Surprisingly, AMZN did not benefit from the market’s … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 18, 2012. Click here to read the entire piece.) Amazon.com (AMZN) reported earnings April 26th and soared in the after-hours about 22%. At the time, I decided to call an “audible” on the AMZN post-earnings play and avoid the trade … Read more