It’s Friday again! Best day to review markets behaviour

Three trading signals have been received today from the charts and great returns are being revealed by the positions taken few weeks ago.

The first two are Sell Short on Pfizer Inc. (US) and Neo Material Technologies (CAD); the third one is a Buy on Sprint Nextel Corporation (US).

		Buy		Sell		Short		Buy to Cover	Today	Gain/Loss
US	Date		Date		Date		Date
Google Inc					5/4	$596.00			$591.53	0.76%
Sirius XM Radio Inc					5/4	$2.16			$1.93	11.92%
Cisco Systems, Inc.					5/4	$19.12			$16.33	17.09%
OIL CRUDE (SWEET)					5/4	$98.49			$90.85	8.41%
JPMorgan Chase & Co.					5/11	$36.96			$33.50	10.33%
General Electric Co.					5/11	$19.01			$19.20	-0.99%
Avon Products, Inc.					5/11	$20.19			$16.64	21.33%
Pfizer, Inc.					5/25	$22.13			$22.13	0.00%
Sprint Nextel Corp.	5/25	$2.62							$2.62	0.00%
CANADIAN
Royal Bank of Canada					5/4	$54.96			$50.35	9.16%
Neo Material Tech.					5/25	$10.15			$10.15	0.00%

Mr. Zuckerberg, Facebook spent $1-billion on a company with practically no assets, no revenues

Mr. Zuckerberg, Facebook’s co-founder and CEO paid a little more than $1-billion (U.S.) in cash and shares to buy a startup firm called Instagram, maker of a photo app., a company with 12 employees, practically no assets, no revenues.

Since that deal was announced – it was accepted but hasn’t closed – Facebook has developed its own similar app, which will compete with Instagram.

Facebook wasn’t acquiring Instagram as an investment. (If it were, it wouldn’t have developed its own version.) Facebook was eliminating a threat, at a very high cost.

...By his actions, Mr. Zuckerberg is admitting that there are few barriers to entry in the social networking business.

Fabrice Taylor

Facebook's hidden costs Full original article
 

Facebook: Failure to launch -25% in less than 2 days

Set at $38 this stock opened at $42.05 on the first day Friday May 18th, reached a modest high of $45 and on the second is trading at $33.
Controlling emotions and trying not to fall in love with a stock are very difficult things to do for most investors.
When a social media company to which members have a very strong attachment decides to cash out on that passion by selling an extremely large amount of shares at the highest possible price, what happens next is a no-brainer.
Reality starts to kick in, social media addicts now shareholders are left with rational investors as potential buyers............ what would the fair price be?

Facebook Shares Plummet on Day 2

Update on the positions taken so far

A sell signal was confirmed today for our previous Buy of EMCORE Corporation (EMKR) trading on Nasdaq; which resulted in 15.32% loss.

All the other positions taken remain open with great current returns (up to 19%) and also an overall winning trading rate of 80%.

		Buy		Sell		Short		Buy to Cover	Today	Gain/Loss
US	Date		Date		Date		Date
GOOG					5/4	$596.00			$600.40	-0.73%
SIRI					5/4	$2.16			$1.89	14.59%
CSCO					5/4	$19.12			$16.47	16.09%
OIL CRUDE (SWEET)					5/4	$98.49			$91.22	7.97%
JPM					5/11	$36.96			$33.49	10.36%
GE					5/11	$19.01			$18.95	0.32%
AVP					5/11	$20.19			$16.95	19.12%
EMKR	5/11	$4.57	5/18	$3.87					$3.87	-15.32%
CANADIAN
RY					5/4	$54.96			$51.70	6.31%

 

 

Facebook - Zynga Inc. - LinkedIn Corp. - Groupon Inc.
Social networking stocks taking a dive

 

Avon sell short signal challenged by strong bid of $24.75 (U.S.) per share

A takeover bid being aggressively pursued by Coty and Warren Buffett is pushing Avon stock price against the recent Sell Short signal received.

We'll see how this week unfolds.

Phil Wahba and Jessica Wohl

Reuters

Published Thursday, May. 10, 2012 10:27AM EDT

Last updated Thursday, May. 10, 2012 10:28AM EDT

“Coty, maker of Stetson aftershave and Beyoncé fragrances, raised its offer to $24.75 (U.S.) per share, or $10.65-billion, according to a letter Avon made public on Thursday. In April, it had offered to buy Avon for $23.25 per share.”

Coty raises Avon bid, gets Berkshire’s backing 

Signals Triggered on May 11th

We now have some new trading signals that some of you may have seen today and taken action.

US stocks

JPMORGAN CHASE & CO        Sell Short triggered at $36.96

AVON PRODUCTS INC.            Sell Short triggered at $20.19

GENERAL ELECTRIC CO.        Sell Short triggered at $19.01

EMCORE CORPORATION         Buy triggered at $4.57

Update on the positions taken last week

		Short	Today	Gain/Loss
US	Date
GOOG	5/4	$596.00	$605.23	-1.53%
SIRI	5/4	$2.16	$2.13	1.65%
CSCO	5/4	$19.12	$16.50	15.88%
OIL CRUDE (SWEET)	5/4	$98.49	$95.84	2.77%
CANADIAN
RY	5/4	$54.96	$54.00	1.78%

In today's headlines:

JPMorgan reports 2 billion trading loss