FB Previous Day Commentary – Facebook is a funny one currently, we're off the opinion here at SG that this stock is potentially running out of gas. At a macro level, the company has issues around their advertisers which will impact their revenue, as well as continual privacy concerns which appear to dog the platform non-stop. … Continue reading FB DAILY UPDATE 2ND JULY 2020
Tag: Facebook
FB Daily Update 2nd July 2020
FB Previous Day Commentary - Solid open drive on Facebook yesterday, creating a P-shaped profile on the daily TPO chart. This indicates some short-covering above the $230 as well some significant buying - many people see this stock as cheap at this price given the recent price fluctuations. If price can stay above $236, we … Continue reading FB Daily Update 2nd July 2020
Current Index Weightings
At SG, we're predominantly focused on trading U.S. indices day-to-day, alongside some bonds & commodities, but equities make up over 50% of our daily trades. Whilst it's important to understand the index and how it moves, as well as of the key levels, one of the most important areas that's often overlooked is the underlying … Continue reading Current Index Weightings