Daily Archives: July 7, 2022

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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