Entries by admin

Alphabet Soup

Google’s move to create a holding company (Alphabet Inc.) and split its core operations from its science experiments was hailed by investors who sent the stock up almost 7% following the announcement.

Akamai

Akamai is one of largest content delivery networks, which use specialised servers to distribute data to Internet users quickly. The networks are considered a key part of the infrastructure needed to build online video services for providers.

The Technical View: US Stock Market on Shaky Ground

Do not get excited. Yesterday’s initial market rally fizzled, as sellers were able to push back prices and the market finished very close to their opening levels. Even worse, this is the third day in a row that the US Equity Market closed below resistance level (neckline) and the second consecutive day in which it […]

Twitter CEO quits – now what

Dick Costolo (COS-tow-low as per the company website), Twitter’s embattled CEO has quit. The street applauded this mainly because Wall Street was looking at Twitter’s relatively slow growth and in typical fashion, blamed the CEO for not matching Facebook’s astronomical growth.

Note Regarding Netflix

It appears that Netflix is in discussions with Jack Ma’s Wasu Media to enter the Chinese market. This market is poised to triple to around 90B yuan in the next three years. Needless to say, this will immensely enhance Netflix’s footprint and boost business dramatically.

The Technical View: It’s all about oil again

Oil is back and is back strong. After an almost 60% decline in only a few months, oil seems to have stabilized and might have finally found a bottom. This is excellent news for bottom fishers who have been speculating about this event for several months now. Finding a bottom however is not an easy […]

Note on Twitter

Once again, analysts are rushing to change their opinion and rating on Twitter, following its latest quarterly results. Most are slashing targets by 20% or more, with the consensus now being around $44. The stock is under attack and is currently trading below $40. This is good news for investors that have been patiently waiting […]