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What's Next For Facebook And Zuckerberg?
Wednesday, October 3, 2018 - 11:37am | 566Facebook, Inc. (NASDAQ: FB) shares continue to trade within striking distance of their 52-week low of $149.02 after a new data breach involving 50 million users was disclosed. This has some investors questioning what's next for the stock — and even the future of CEO Mark...
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Pro Remains Confident In Alibaba Despite Trade War Concerns
Thursday, August 23, 2018 - 9:41am | 545Alibaba Group Holding Ltd (NYSE: BABA) has seen its stock fall more than 15 percent since its June highs due to trade war concerns. What's lost among many investors is that the Chinese company is a lot more than a simple e-commerce platform, according to Boris Schlossberg. The managing...
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Which Is The Better Buy: Netflix Or China's Fast-Growing Iqiyi?
Friday, July 27, 2018 - 3:44pm | 486Which is a better buy: American streaming video giant Netflix, Inc. (NASDAQ: NFLX) or its China equivalent Iqiyi Inc (NASDAQ: IQ)? The Pros Miller Tabak equity strategist Matt Maley and Boris Schlossberg, managing director of FX strategy at BK Asset Management, discussed the stocks...
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For Under Armour, The Bull Vs. Bear Debate Continues
Monday, November 27, 2017 - 2:12pm | 429Under Armour Inc (NYSE: UAA)'s stock is not only on track to end 2017 notably in the red, but on pace for its worst trading year ever. The Expert Chad Morganlander, a portfolio manager with Washington Crossing Advisors, and Boris Schlossberg, managing director of FX strategy at BK Asset...
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Apple Investors: Be Prepared To Sell The News Thursday
Wednesday, November 1, 2017 - 2:29pm | 334Apple Inc. (NASDAQ: AAPL)'s stock came within pennies of hitting the $170 mark Wednesday as anticipation continues to grow ahead of Thursday's earnings report. Many analysts are assuming at this point that Apple's fiscal fourth-quarter earnings report will be positive and any iPhone X commentary...
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The Case For Owning Beaten Up Retail Stocks
Monday, October 16, 2017 - 1:41pm | 461Retail stocks remain under pressure and the related exchange-traded fund, the SPDR S&P Retail (ETF) (NYSE: XRT), saw one of its worst trading weeks since the end of December. While many investors remain concerned of retail's ongoing woes, the weakness could be seen as a buying opportunity...
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The 'Historical Unicorn Event' Investors Should Be Concerned With
Wednesday, September 20, 2017 - 4:39pm | 336Investors don't appear to care that Deutsche Bank strategists think global stocks are not only at an "elevated" valuation, but "possibly the most elevated in aggregate through history." As most major stock indices continue trading near their all-time highs, Boris Schlossberg...
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Pro: Even At 205 Times Earnings, Amazon's Stock Is Still Attractive
Tuesday, September 12, 2017 - 2:45pm | 342The most expensive stock in the S&P 500 index based on a forward P/E ratio is Incyte Corporation (NASDAQ: INCY) at 206 times forward P/E. Ranking in a very close second place is Amazon.com, Inc. (NASDAQ: AMZN) at 205x forward P/E. While one could easily conclude that Amazon's stock is expensive...
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If Apple Fails To Deliver Something 'Sexy,' It Could Drag Down The Entire Market
Monday, September 11, 2017 - 3:08pm | 380Apple Inc. (NASDAQ: AAPL)'s much anticipated Sept. 12 product event launch could have broader implications for the entire market, at least according to Boris Schlossberg, managing director of foreign exchange management at BK Asset Management. If Apple fails to deliver something "sexy...
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Sorry Snap Investors, But Some Say This Rebound Is Short-Lived
Wednesday, August 16, 2017 - 12:57pm | 383Snap Inc (NYSE: SNAP)'s run so far as a public company hasn't been a successful one. After flirting with the $30 per share mark shortly after its IPO debut, Snap's stock recently hit a low of $11.28 but has since rebounded by around $2 per share. Technical Look In reality, Snap's...
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Retail Sales Are A True Tell Sign Of The Economy
Tuesday, August 15, 2017 - 3:44pm | 395Investors were treated to some encouraging news Tuesday as core retail sales for July rose 0.50 percent month over month, which exceeded the 0.30-percent gain experts were predicting. While many investors are quick to brush off this data set as being non-important they may want to reconsider, at...
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Is Now The Time To Buy Gold?
Monday, July 31, 2017 - 9:09am | 459There are several ongoing stories across multiple investment classes, including stocks trading near their all-time highs, oil is trading above $50 per barrel, and the U.S. dollar continues to struggle. Meanwhile, gold is on pace for its best monthly performance since February, which may be...
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Microsoft Is A 'Relative Value Bet' Ahead Of Earnings, Pro Says
Thursday, July 20, 2017 - 9:12am | 419Momentum is building this earnings season, and investors looking to capitalize on the hot tech sector may consider buying Microsoft Corporation (NASDAQ: MSFT) ahead of its earnings report on Thursday, at least according to Boris Schlossberg, managing director of foreign exchange strategy at BK...
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Oppenheimer's Chart Expert Says The $290-$300 Range For Tesla's Stock Is Important
Monday, July 10, 2017 - 9:52am | 373Tesla Inc (NASDAQ: TSLA)'s stock was on fire for most of 2017, but after peaking at $386.99 in June, the stock has since lost more than $70 per share and is now stuck in a "technical bear market," according to Oppenheimer's Ari Wald. Wald, head of Oppenheimer's technical analysis, explained during...
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Equity Investors Should Be Paying Attention To What The Foreign Exchange Market Is Saying
Monday, July 3, 2017 - 8:00am | 327The foreign exchange market has a dire warning for equity market: the low U.S. dollar is accompanied with heavy volatility. From a historical point of view, a lower U.S. dollar is seen as a positive for multinational companies as they prepare their products to be sold in dollars and can then sell...