Daily Archives: April 4, 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...