Top Weekend News Stories November 11 – 12, 2017

The top news stories this weekend from stocks on the GuerillaStockTrading watch list.
Continue reading “Top Weekend News Stories November 11 – 12, 2017”

Clovis Oncology Symmetrical Triangle Setup on Barclays Coverage

Clovis Oncology is a good setup off uptrend line support within a Symmetrical Triangle pattern. Large players volume is rising as the stock moves into the apex of the triangle pattern.

The big news about Clovis Oncology stock is that Barclays initiated coverage on October 23, 2017, with an Overweight rating and a price target of $105 which represents 35.48% upside from its current price. Analysts ratings at Barclay's are the most followed on Wall Street because of their excellent track record of hitting winners.

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Google Beats On Earnings, Revenue, Gets Price Target Hike

Alphabet Inc aka Google beat on earnings and revenue. For the quarter, the company reported EPS of $9.57 which crushed consensus estimates of $8.43. Revenue also beat coming in at $22.27 billion versus analysts estimates of $21.94 billion.

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Amazon PT Hikes After Revenue Beats Estimates

Amazon stock has received a series of upgrades after the company reported a big revenue beat. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $1.09. Horrible miss on earnings but Amazon crushed it on revenue. The company had revenue of $43.74 billion for the quarter versus the estimate of $42.26 billion. That means that revenue for the quarter was up 33.7% YOY. Awesome.

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Tencent Holdings Stock Will Change How You Think About OTC Markets

Tencent Holdings stock, which lists on the OTC market in the U.S., is one of the largest companies in the world with a market cap of over $424 billion. Tencent Holdings is the world’s largest video-game publisher by revenue.

Tencent Holdings is an investment holding company principally involved in the provision of value-added services (VAS) and online advertising services. The Company operates through three main divisions: VAS, Online Advertising, and Online Payments and Cloud Services.

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Beijing Says Apple iPhone Violates Its Patents LOL!

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