Friday, October 21, 2016

Microsoft Trades at Dot Com Bubble Levels - All Time Highs

This is a very good thing for the NASDAQ and overall markets. The last time Softee was at these levels was the peak of my trading career at the end of the gogo 90's. I own a Surface Pro and will definitely be looking forward to the launch of the PRO 5. Their earnings had a size-able beat due to the continued loyalty by big business to their office suite, and developing cloud business.

Pre market range $60.11 to 60.48. Last night ALL TIME HIGHS of $60.75 look to be taken

Disclosure: Long $MSFT

Analyst Action:

Microsoft results point to 'successful' mobile cloud strategy, says Oppenheimer 

Following another "strong" quarter, Oppenheimer analyst Timothy Horan says Microsoft's results point to a "successful" mobile cloud strategy which is set to overlay artificial intelligence and may become a dominant full service cloud/communication service for enterprises. Further, the analyst believes multiple recent partnerships and customer wins as well as the pending release of SQL for Linux in the cloud should help drive solid growth over the next few years. He reiterates an Outperform rating and $62 price target on the shares.

Tuesday, October 18, 2016

Netflix trading up 20% on a solid earnings beat and guide - Analyst Summary

Netflix is positive on the year now after dropping earlier in the 1st quarter of 2016.

Here are some the analyst upgrades so far pre market:

Netflix price target raised to $138 from $122 at Piper Jaffray 

Piper Jaffray analyst Michael Olson raised his price target for Netflix to $138 saying is "back on track" with its Q3 earnings report. Both domestic and international subscriptions came in above consensus, Olson tells investors in a post-earnings research note. He expects the earnings report to alleviate some concerns around a spike in churn last quarter from the un-grandfathering of the price increase. The analyst keeps an Overweight rating on Netflix.

Netflix price target raised to $133 from $125 at Loop Capital 

Loop Capital analyst David Miller raised his price target for Netflix to $133 saying the company exceeded all of his metrics in Q3. The analyst keeps a Buy rating on the shares.

Netflix price target raised to $140 from $122 at JPMorgan  

JPMorgan analyst Doug Anmuth raised his price target for Netflix to $140 following the company's Q3 results. The stock is up 19%, or $18.84, to $118.64 in pre-market trading. Netflix is almost past its pricing changes and the benefits are starting to show up in the numbers, Anmuth tells investors in a research note. He believes the company's originals are working well, and notes some have global appeal. Anmuth thinks Netflix sets up as a "cleaner story" into 2017 and he reiterates an Overweight rating on the shares.

Friday, September 23, 2016

Valvoline - 150 Years Under The Hood

Today's NYSE IPO Valvoline $VVV

The deal range was $20.00-$22.00. BofA/Merrill, Citi and Morgan Stanley acted as joint book running managers for the offering.

Thursday, July 14, 2016

Rising wedge on $MGT after selling off 30% last week

I'm checking out the $MGT chart on #Mobile Trader with TD Ameritrade

Thursday, June 23, 2016

Hottest oversubscribed ‪#‎IPO‬ of the year up 90% - ‪#‎twillio‬ - Solid long on the open at $23.99 currently trading at $29.20 high. Priced a little to low it seems at $15 - Great deal for investors and traders...

Twilio makes communications easy and powerful. With Twilio's platform, businesses can make communications relevant and contextual by embedding real-time communication and authentication capabilities directly into their software applications. Founded in 2008, Twilio has over 500 employees, with headquarters in San Francisco and other offices in Bogotá, Dublin, Hong Kong, London, Mountain View, Munich, New York City, Singapore and Tallinn.

Sunday, April 10, 2016

Weekend Highlights - Stocks we will be watching on the desk Monday

Disney shares remain attractive, Barron's says $DIS
Newmont Mining investors should take profits, Barron's says $NEM
Micron unlikely to improve in near term, Barron's says $MU
LPL Financial may face headwinds from fiduciary rule, Barron's $LPLA $SCHW $AMTD $BLK
Baker Hughes, Halliburton in no-win positions, Barron's says $HAL
World Wrestling Entertainment growth rate questionable, Barron's says $WWEOwens-Illinois shares could rise 25% or more, Barron's says  $OI
Apple shares could return 40% in a year, Barron's says  $AAPL
Seagate shares could return 20% in a year, Barron's says $STX
Toll Brothers shares have 40% upside, Barron's says $TOL
Valeant Dysfunctional NYT's says $VRX

Thursday, January 28, 2016

Facebook CRUSHES earnings exp - Today's Upgrades - Levels to Watch

Currently Trading through last nights highs of $107.23 at $109.3 - Creeping ALL TIME HIGHS of $110.65 - Suspect traders sell $AAPL  to buy $FB 

1. Facebook --- RBC Capital Mkts Reiterated OUTPERFORM - Price Target: 160 (from 130)
2. Analyst Actions: Facebook Price Target Raised to $130 at FBR Capital, Reiterated Outperform
3. Facebook price target raised to $145 from $125 at Deutsche Bank
4. Facebook price target raised to $136 from $127 at JPMorgan
5. Facebook price target raised to $170 from $155 at Piper Jaffray
6. Axiom Research increases tgt to $145 from $126. Firm says to buy the stock and hold for the 
longer term
7. Pivotal Research  Tgt is raised to $136 from $134
8. Facebook target raised to $145 from $125 at Deutsche Bank following results (Stock Price: 94.45)
9.Facebook price target raised to $130 from $120 at Stifel
10. Facebook price target raised to $145 from $135 at Jefferies

Disclosure: Short $AAPL Long $FB

Monday, January 25, 2016

Chipotle remains overvalued, could drop 20%, Barron's says

Despite their recent declines, Chipotle shares remain pricey and could drop another 20% on any future health scares, Barron's contends in its 'Follow Up' column, noting that more bad news "seems likely" for the restaurant group.

Friday saw a first solid day down since the retracement off the $400 level - Watching the stock closely this week as its due to report earnings on February 2nd.


Saturday, October 31, 2015

Watch Out Intel, Here Comes Facebook - Barron's

Big Web operators like Facebook and Google are demanding radically different chip designs. One big beneficiary in the development of a “cloud chip” could be Micron Technology.