The closing price for ^RUT has rissen above its 200-day moving average, indicating a long-term upward trend.
The closing price for ^RUT has rissen above its 10-day moving average, indicating a short-term upward trend.
Trend for ^RUT as of Wednesday June 6th, 2012
Long-term: Up
Intermediate: Down
Short-Term: Up
Chart for ^RUT

The closing price for SPY has rissen above its 200-day moving average, indicating a long-term upward trend.
The closing price for SPY has rissen above its 10-day moving average, indicating a short-term upward trend.
Trend for SPY as of Wednesday June 6th, 2012
Long-term: Up
Intermediate: Down
Short-Term: Up
Chart for SPY

The closing price for SPY has rissen above its 200-day moving average, indicating a long-term upward trend.
Trend for SPY as of Tuesday June 5th, 2012
Long-term: Up
Intermediate: Down
Short-Term: Down
Chart for SPY

Netflix is another company I’m accumulating stock in for a long term play. Until recently, NFLX was one of those stocks I always wanted to buy into but thought it was overpriced. I waited for a pull back that never came until… all the hoop la last fall.
Assuming subscribers and revenue can grow faster than content costs (not a sure assumption, see SIRI as a counter example), Netflix is going to make some good money and is worth more than 2x Revenue IMO. Buyout possibilities are the icing on the …

I bought a chunk of Microsoft (MSFT) stock at $25. At the time, my thinking was “why does MSFT have a PE below 10″? While a stock like AAPL is priced for perfection (which they keep delivering), at a 10 PE Microsoft was priced for mediocrity… and it’s been treading water it has for the better part of a decade.
We’re now moving toward that $35 level where it’s had trouble in the past. All MSFT needs is a break out product to bust through that level and reach toward its former …

Today I’ll show a couple charts for Google (GOOG), which I am accumulating in my retirement account. My strategy with Google is to get as many shares as possible as cheaply as possible. I have some targets where I’d be stupid not to sell, but in general GOOG prices stay fairly valued to my estimates. I buy on the dips.

Above is a 6 month chart. There is support at around $560 and resistance above around $670 and the all time highs. I drew an optimistic support line there on the …

I’m going to post some charts of “my book” over the next few days. I may post things from my watch list, and I will try to post updates on these as needed.
First up is Activision Blizzard (ATVI), which I bought last year basically so I could own a piece of Blizzard.
Blizzard is the Pixar of videogames. Everything is a hit. I also think they are pretty smart about how to expand the business of videogames… by encouraging Star Craft as an esport and other things.
So, here is a six …

Trefis provides some great reports that show up in my Etrade account. Their analysis is very thorough. I especially like how they break down different business units and how much of a stock’s share price is tied to each unit.
Trefis values Facebook (based on the limited pre-IPO information they have) at $74 Billion, based largely on their advertising business and growth via a growing user base (from 800 million to 2.6 billion) and increased ad revenues from video and music services Facebook is working on.
Here is the report.

They go into …

Facebook released their numbers in preparation for an IPO, showing 2011 revenue of $3.7 Billion and profits of $1 Billion. Speculation is the IPO will be valued as high as $100 Billion.
This would be a P/E of 100. That’s high, but then P/E’s are not as significant an indicator for young companies with a lot of growth potential. So can Facebook grow enough to justify a $100 Billion price tag? I’m not so sure.
The easy justification goes like this:

Facebook has been focused on user growth and they were still growing 100% …

I’m enjoying the interview with Timothy Sykes over at Mixergy.com. Love the energy.
Grab it while it’s free there.