Investors Stock Market at a Glance 8.2.16
This Could Be Massive for Groupon Stock
Stock Market Groupon Inc (NASDAQ:GRPN) stock had quite a ride so far in 2016. In February, it more than doubled. After it reported first-quarter earnings in April, Groupon stock plunged more than 25% in a few trading sessions. Now, it’s making a comeback again, gaining more than 32% since last Wednesday.
As you’d expect, the catalyst behind Groupon stock’s latest surge was an earnings report. In today’s stock market, it’s not uncommon for companies that are yet to be profitable to see massive swings in their stock prices upon.
Why GPRO Stock is up 13% in 5 Days
GoPro Inc (NASDAQ:GPRO) finally found some support last week, for reasons that should surprise no one. The company is doing exactly what analysts thought it should do, and the result was a surge in GPRO stock. It’s just that simple.
Don’t get me wrong, the company is still losing money. GoPro’s year-over-year revenue is down 47.4%, and it made a net loss of $91.77 million for the quarter. (Source:.
Forget Hemlines… Here Is a New Way to Spot Market Trends
I would like to share with you the birth of a brand new kind of stock market indicator—an indicator that, if correct, suggests that the “good old days” for stocks may be coming to an end quicker than we think.Whether my new indicator will pass the test of time, I do not know. But I do think it is as valid as any other indicator and may well be worth keeping an eye on.I call it the “expanding car indicator” and right now—in spite of growing unemployment, economic chaos, soaring.
SolarCity Approves Deal; TSLA Stock Stays Flat
When Tesla Motors Inc (NASDAQ:TSLA) first sent an offer letter to buy SolarCity Corp (NASDAQ:SCTY), TSLA stock took a massive hit. Investors weren’t happy, to say the least.
Investors thought Elon Musk was trying to save SolarCity from a sliding share price. Musk is, after all, a founder of and major investor in both companies. He stands to lose a lot of money if SolarCity goes under, meaning his incentives aren’t identical to those of an average TSLA stockholder. Naturally, that makes investors a little wary.
Bullish on PCLN Stock
The year 2000 was marked with an asterisk for the investment community. It was the year when the NASDAQ-lead technology bubble finally burst. In 1999, Priceline Group Inc (NASDAQ:PCLN) stock hit a high of $990.00, but in 2001, shares hit a low of $6.30, representing a 99.36% loss. Essentially, the entire position was lost. If I were a shareholder of PCLN stock, I would have never imagined I would ever see my hard-earned dollars again.
However, like a phoenix, PCLN stock has risen from the ashes. Not only has the stock seen its share.
This Could Be Massive for AMD Stock
Chipmakers might not be the hottest companies in tech, but Advanced Micro Devices, Inc. (NASDAQ:AMD) stock turned out to be one of the biggest winners this year. In the past six months, AMD stock soared a staggering 212%!
With such a dramatic rise, you might wonder if AMD stock is going to hold steady at today’s level. Well, given what the company could do in the upcoming quarters, AMD stock could not only sustain these levels, but also see further upside.
Let me explain…
The company’s “Polaris”.
This Could Be Massive for Apple Stock
Apple Inc. (NASDAQ:AAPL) stock recently had the second-largest one-day rise in its history, but it’s not because of “iPhone” sales. In fact, if you ask any Apple stock bear, they’ll tell you that the company’s future is doomed because iPhone sales just had another quarter of double-digit year-over-year declines.
Here’s why the bears are wrong on AAPL stock and the recent rally is here to stay.
Why the Apple Stock Bears Are Wrong
To Apple stock bears, there is only one number you need to tell them: $13.0.
Systematic Trading with ATI stock
Once a week I run a stock scanner that looks for investments that match a certain criteria. That is how I stumbled upon Allegheny Technologies Incorporated (NYSE:ATI) stock.
From the start, I was intrigued by my findings. The price chart looks compelling and I feel like ATI stock may be a good candidate to consider executing a trading strategy on.
I am proponent of a system in which rules are set and adhered to. I find the best systems are simple, easy to execute, and have an exit strategy. In this case, I.
Why TWTR Stock Dropped 10%
Twitter Inc (NYSE:TWTR) has always lived in the shadows of Facebook Inc (NASDAQ:FB). Both companies announced their earnings last week and the results were predictable—TWTR stock crashed, FB stock soared, and the sky is blue.
As I said, no surprises there…
Twitter delivered $602 million in revenue for the quarter, reflecting 20% growth from the same period last year. On the surface, this might seem like a reason to celebrate. It’s not as impressive as Facebook’s 59% increase, but still, a one-fifth bump in sales is good, right?.