$20 billion here, $20 billion there. Pretty soon you’re talking real money. Maybe Zuck should have accelerated his sales a bit more. Facebook’s disastrous conference call and outlook has seen the stock plummet 25% from its earlier highs.Note that this brings FB back below: (1) the trend line which has buoyed it since April 4; … continue reading →
Tag Archives: head & shoulders
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The US dollar bounced off the .886 of its Sep – Nov 2012 run…again. This is the fourth time it has found support in the 78.725 – 79 range, though each subsequent bounce has been lower than the previous one. The result is a descending triangle that arrives at the bottom of an uptrend (the … continue reading →
Not since the summer of 1666, as young Zack Newton sat pondering gravity, has so much attention been paid to a falling apple. Should we care about AAPL’s deteriorating powers of levitation? The $200/share drop since its September highs, especially on the heels of a new dividend and share buyback program, has been unnerving. But, … continue reading →