Daily Archives: May 5, 2025
Showing articles 1 - 2 (2 total)
31Jan3:34 pmEST
Tonight We Head to the Rainforest
Amazon earnings tonight after the bell represents another tech titan reporting in light of Apple, Facebook, and quite a few others this week. On the AMZN monthly chart, below, the long-term bull case would be that the stock has simply pulled back to its rising 20-period monthly moving average (orange line), a reference point the stock had...
31Jan11:18 amEST
Hold Up Your Badge, So They'll Know You're a Software Play
While the reaction to Facebook earnings, with the stock presently up by more than 13%, is understandably garnering plenty of headlines in the financial news media and capturing the attention of many traders, I view the reaction by ServiceNow to earnings, with NOW up 17.5% as I write this, as perhaps more significant for the market. NOW is one...
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“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
