April 20, 2017: According to reports in the mainstream media, NJ Gov Christie said to make Amazon jobs announcement tomorrow.
April 10, 2017: Needham raised Amazon.com to a Buy rating, from Hold, and set a price target of $1,100. Needham believes Amazon’s established dominance in U.S. is sustainable with Prime, mobile penetration and third-party growth. (Read More….)
January 5, 2017: Pacific Crest/Keybanc raises Twilio to an Overweight rating, from Sector Weight, and sets a price target of $36. Pacific Crest/Keybanc says the reasons for the upgrade are:
– Upward bias to 2017 consensus estimates of 30% revenue growth vs. 60.8% in 2016
– Increasing probability that it reaches profitability by year-end
December 13, 2016: Sold today and booked a 1% profit on an inverted hammer pattern. Congratulations if you made money on this trade.
December 12, 2016: Mizuho reiterates a Buy rating on Alphabet, and sets a price target of $1,025. Mizuho says that Google is currently testing few new products which could drive incremental search (Read More….)
Amazon’s Amazon Prime membership continues to explode higher among US consumers. Amazon Prime had 40 million US members in Q3 2015. In Q3 2016, Amazon Prime membership has grown to 49.5 million US members. The incredible growth of Amazon Prime membership could lead more brands to sell over the Amazon platform. Rather than try to (Read More….)
For the week the S&P 500 fell -0.7%, the DJIA was flat closing up +0.1%, and the Nasdaq dropped -1.3%. On Thursday morning of last week, I closed out all my active swing trading positions and have moved into an income fund that pays a monthly dividend and yields over 5% per year. For me, (Read More….)