Tag: money

In 2005, one of Box’s founders the start up with money he earned from playing poker. Ten years later, the company went public and now serves 70% of the Fortune 500 companies.  

Box began as an enterprise-focused cloud storage company, but it’s been increasingly building out a platform on top of its cloud-storage product.  It provides cloud content management platform that enables organizations of various sizes to manage and share their enterprise content from anywhere or any device.

It was only three weeks ago Goldman Sach issued a buy rating with a $31 target price. The Goldman Sach’s analyst thinks Box as

Five months ago I wrote a post about Tandem Diabetes Care, Inc titled,

FANG Stocks Don’t Have Nothing On Tandem Diabetes Care, Inc.

Tandem Diabetes Care, Inc., a medical device company, designs, develops, and commercializes various products for people with insulin-dependent diabetes in the United States.

More than 100 million U.S. adults are now living with diabetes or prediabetes, according to a new report released today by the Centers for Disease Control and Prevention (CDC).

Tandem Diabetes Care’s products include t:slim X2 with Basal IQ, t:slim X2 with Control IQ, and the t:sport insulin delivery system and mobile health offerings. Tandem Diabetes Care (TNDM)

I would think Square needs no introduction but, Square, Inc. provides payment and point-of-sale solutions in the United States and internationally. The company’s commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.

Square announced earnings this past week. The company reported stronger-than-expected fourth-quarter financial results, but disappointed investors when they forecast their numbers for the first quarter.  On the news the stock price dropped after hours and opened right in a daily demand zone this morning.

I have come to like Square over the last 12 months, not because

Two month ago, I talked about how GE had bottomed and a close above the $8 level would confirm that bottom,

Has GE Bottomed???

But before considering going long, the conviction for me would be if price can pull back to the daily demand at $6.75, then take out the $8 level, the bottom in GE would be more convincing at that point.

One month ago, I talked about since price closed above $8, the next two levels I was targeting was daily supply at $10 and $11.50.

Has GE Bottomed??? – Part 2

Both levels were hit, but now price

The EU recently stated that it would impose 20 billion euros ($22.7 billion) worth of tariffs on U.S. products if President Donald Trump follows through on a threat to impose automotive duties against EU.  And one of those companies being targeted is Caterpillar.

If you can recall, Caterpillar, announced earnings last month and had its biggest profit miss in a decade on worries over trade tensions.  This past week Caterpillar was on the receiving end of more bad news.

Shares of Caterpillar Inc. sank Tuesday, after UBS swung to bearish from bullish on the belief that more than half of the company’s

I was expecting Bed, Bath and Beyond to sell off in January after announcing earnings.  But the stock price went the opposite direction, jumping nearly 17% on the back of earnings.

The company’s announcement of relatively unchanged earnings guidance between fiscal 2018 and fiscal 2019 was the main reason the stock rose that day.

Five months ago I wrote a post titled,

Stay Away From Bed Bath and Beyond…They Has Been Amazoned

It’s very apparent their business model of marking up prices than offering discount via coupons isn’t working, nor driving traffic to their stores. Bed Bath & Beyond Inc. has 1,024 stores

It’s no secret I have been bearish on the Housing Market for many months.  I specifically wrote a post about Home Depot four months ago,

Finally Added Home Depot and Lowe’s To My Short List

Credit Suisse downgraded the Home Depot and Lowe’s yesterday citing slowing earnings growth due to higher interest rates weighing on home affordability.  I have been talking about the housing market turning sour for months and was just waiting to add the home improvement retailers to my short list.

Even shorted the housing ETF, XHB a while back,

but when Fed Powell said he was putting interest rates on hold,