Hello MarketClub Members everywhere. LinkedIn Corp. (NYSE:LNKD) shares have soared as high as 49% this morning after Microsoft Corp. (NASDAQ:MSFT) announced that it's buying the company in a deal valued at $26.2 billion. This has caused Microsoft shares to slip a little over 2% as investors digest the news.
All eyes will be on the U.S. Federal Reserve meetings that start Tuesday as they discuss fiscal policy and the trajectory of the U.S. economy in the wake of a weak employment report for the month of May. Many investors will be watching closely on Wednesday for Fed Chair Janet Yellen's statement, as she has dropped numerous hints that the central bank would introduce another interest rate hike this summer. Still, the central bank is unlikely to raise interest rates further this week due to the disappointing jobs data and unimpressive first-quarter economic growth.
Key levels to watch this week: Continue reading "Stocks Fluctuate On LinkedIn News While The Fed Looms"
It has been a great week with some strong trades happening. One of those stocks has to be LinkedIn Corporation (NYSE:LNKD), the professional social media site that recently updated its website with a redesign. After the bell yesterday, LinkedIn announced its earnings and future outlook. Upon seeing the numbers, investors bolted to the escape doors as LinkedIn clearly missed its target and future outlook.
Did this come as a big surprise to us at MarketClub? The answer, in all honesty, is no as all of the Trade Triangles were negative indicating a lower trend for LinkedIn.
It is hard to ignore the power of the Trade Triangles during earnings season. Continue reading "Did you see LinkedIn (LNKD) Today?"
Hello, MarketClub members and traders everywhere! Today I'm going to be looking at 10 well-known stocks and determine what the future holds for them.
Among those 10 stocks, I will be looking at Google and Yahoo and showing you why these two stocks may not be the place to have your money in Q2.
Here are the 10 stocks I'm analyzing in today's video. Continue reading "Have Google And Yahoo Lost Their Mojo?"