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Netflix (NFLX) at Two-Month High on Solid 3Q Results

Shares of Netflix rallied early Thursday, adding over 5% to $300.53 following the 3Q earnings release yesterday after the closing bell. Netflix Inc. (NFLX) reported yesterday 3Q results that pleased investors. The results were solid on top-line while the bottom line was impressive. The company reported a profit of $665.2 [...]
Chinese Companies Listed on Major U.S. Stock Exchanges

Chinese Companies Listed on U.S. Stock Exchanges

US-China trade tensions intensify after rumours that US looking to increase pressure to the Chinese side by delisting Chinese stocks and ADR’s from major US exchanges and limiting investments in the Chinese market.  The US Treasury denied during the weekend the rummours. Below is a list of all Chinese companies [...]
Facebook Breaks Below 100 Day MA, Neutral Outlook

Facebook Breaks Below 100 Day MA, Neutral Outlook

Facebook (FB) stock price today failed to hold above the 100-day moving average at 187.92 and as of writing the stock price is 1.05% lower at 186.87. Facebook stock price finds support at 186.25 where the ascending trendline from December 2018 crosses. The stock price started a correction after the [...]

Apple Spikes as USTR Announces China Tariff Delay on Electronics

Shares of Apple spiked Tuesday after the US Trade Representative (USTR) Lighthizer announced a delay in additional tariffs on some Chinese imports such as components of cell phones, electronics, laptops, clothing and footwear until December 15. These tariffs were to take effect on September 1 and would have affected components [...]