Market Blog Technical Analysis

Watch Amazon (NASDAQ: AMZN) For Short-term Bullishness: Antonio Costa

Amazon (NASDAQ:AMZN) pulled back last week after recorded a new all time high of 954.40. The stock has been trading in a nice upward trajectory since early January and at this point the up trend is still intact. The daily RSI indicator has reached overbought territory in the last sessions, suggesting that after such a strong run the price is due to take a breather again, as happened in early
Market Blog

How Analysts Interpreted 5 Big Earnings Reports

As appeared on Benzinga on August 29th, 2016. The original article may be found here. Stockal, a firm that analyzes social and analyst sentiment, recently reviewed analyst behavior surrounding five different companies’ earnings. Using their Confidence Meter, which measures the aggregated opinion of over 200 Wall Street analysts, we can see how confidence Wall Street analysts are in certain stocks, and how they interpreted earnings. (more…)
Market Blog

Stockal’s Meter Parses Out Differences In Traditional Vs. Modern Stocks

The original article published on Benzinga can be found here. Stockal recently tested their proprietary Confidence Meter and Sentiment Index to see how well they correlated with the share price movement of new-age stocks and blue chip “traditional” stocks in the second quarter.  The Confidence Meter is a measure of aggregated opinion of over 200 Wall Street analysts. The Sentiment Index is generated by an algorithm that analyzes social media
Market Blog

Prime Day sentiments drive Amazon stock prices today

AMZN– Amazon.com, Inc. is a global e-retailer. AMZN – Amazon.com, Inc Fundamentals Previously closed at 753.78 Day's high 757.34 Day's low 750.51 P/E ratio 309.99 EPS 2.43   Analysts opinion Today is Amazon’s Prime Day – a shopping event which allows amazon’s Prime members to shop at Amazon with deep discounts. According to analyst estimates, last year’s Prime day drove about $375 Million worth Sales, and this year it is
Market Blog

Amazon and Apple Inc bullish in the long run

AMZN – Amazon.com Inc is a global E-Retailer. AMZN – Amazon.com Inc Fundamentals Previously closed at 717.93 Day's high 722.45 Day's low  711.51 P/E ratio 295.93 EPS 2.43   Analysts opinion This has been a bad week for retailers, while E-retailing has been booming. Consumer spending trends have not changed much, so this shows that people have just shifted to an online shopping experience. While retailers have just begun to
Market Blog

Bullish sentiments for Amazon and Exxon Mobil

AMZN – Amazon.com Inc is an e-commerce company, engaged in the sales of variety of products and services online. AMZN – Amazon.com Inc Fundamentals Previously closed at 602.00 Day's high 669.92 Day's low 658.00 P/E ratio 527.20 EPS 1.25   Analyst opinion Amazon reported its Q1 earnings yesterday after market close, and it crushed all estimates to announce an EPS of $1.07 and a revenue of $29.1Billion, up 28% from