As Facebook, Boeing, Apple & Tesla all report their performance over the last three months on Wednesday, how do you think they performed and would you buy them, sell them, or trade them?
The context of my blogs is to give opinions and ideas, formulated by research and facts but they do not give the reader advice, @insiderkk we want new traders or investors to formulate their own decisions and speculate the markets by either investing or trading, these are two quite different things.
There will be an array of commentators and analysts giving an overview about the markets and particular stocks and it can be confusing to a newcomer and can require a lot of research to make informed decisions, so I will try to make simple generalizations.
The consensus in looking at the markets, is sentiment, technical analysis, and fundamentals.
Fundamental analysis tells traders/investors about core market values, technical analysis relies on past performance of an asset. The third is sentiment analysis, used to determine the general attitude of traders, which shapes the overall market mood, within a specific timeframe. This is key to long term investing or short term trading, timeframe.
So, during the height of this earnings season what about Apple and Facebook? How are they doing?
Things to consider are how have they benefited or lost out during the peak of the pandemic. Is the recent announcement of stimulus in the US going to keep supporting the bull markets and are there longer-term concerns regarding these companies?
I have written numerous times about Tesla and its meteoric rise recently.
There is no doubt that with the lockdowns and changes in working conditions consumers are becoming more reliant on these tech firms.
A headline today by Oxfam caught my eye.
Billionaires thriving as poor suffer in widening COVID-19 divide: Oxfam.
“Billionaires including Amazon’s Jeff Bezos and Tesla founder Elon Musk have seen their wealth soar during the COVID-19 pandemic while the world’s poor face years of hardship, charity Oxfam said on Monday as it demanded steps to tackle inequality”.
The 10 richest men — a list led by Jeff Bezos and Elon Musk, Microsoft’s Bill Gates and Facebook CEO Mark Zuckerberg — saw their net worth increase by $540 billion since the pandemic, Oxfam said.
Ok, I don’t want to get political and debate the social context of this, I want to see how the companies have performed and the fact that their CEO's personal wealth has increased significantly can only prove the stocks have thrived as well, or have they?
Facebook, we all know the success but briefly.
Facebook is a social networking service that was created by Harvard student Mark Zuckerberg in 2004. Initially designed as a networking tool for Harvard students, it quickly spread to other schools and was finally opened to the public in 2006. Facebook is now, by a very wide margin, the biggest social network worldwide. As of the fourth quarter of 2019, Facebook had more than 2.5 billion global monthly active users with a cumulative total of 2.89 billion users accessing any of the company's core products Facebook, WhatsApp, Instagram, and Messenger monthly.
So, stuck indoors, too much time on our hands, did we use it?
Just as importantly, how many new start-ups have been created by people laid off work and looking to start afresh. I must admit, I have used FB advertising to market my blog and having done my research, the results are worth the advertising cost. They and Google are monopolising the market for social media advertising, no doubt. Has this increased during the pandemic?
Facts. In 2020, rooted in advertising from more than 10 million advertisers and a flourishing digital economy FB stock gained 33%.
The markets have again been buoyed by the new Presidents attempts to stimulate the economy by injecting further trillions. Will this benefit FB? Has the pandemic slowed down, or do we still have months left of lockdown, will this macabre situation continue to back the company's fortunes?
There are conce