Written by Sidney on October 31, 2009
On Oct 23, stocks of Amazon.com (AMZN) surged 26.8% to all-time highs after the company announced Q3 earnings that blew way past analysts' expectations. AMZN had achieved earnings of $0.45 per share, against a consensus of $0.328 by 29 analysts covering this company. Given this strong rally, is it too late to buy into AMZN? History has proven that stocks that make such strong upward movements...
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Written by Sidney on August 3, 2009
Starbucks stocks (SBUX) surged on July 22 on four times its average volume after the company announced better than expected Q3 earnings due to effective cost-cutting measures in place. This spike in volume is significant because it is a sign of institutional buying, providing the fuel necessary to prolong the rally. Technical analysis of the stock price shows a pennant pattern forming as the ...
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Here’s my take on KPPC: KPPC has had a decent rally from its Feb 2009 lows, but... (Nov 22, 09)