The Exchange

  • Amazon faces tough battles on all sides as sales growth slows

    Aaron Pressman at The Exchange13 hrs ago

    Amazon.com (AMZN) has had some rough times in 2014. Its shares jumped from $50 to $400 over the past five years, but so far this year, they've slumped 16%. The decline started after the company reported disappointing sales for the 2013 holiday season, and first-quarter results that came in pretty much as expected Thursday did only a little to break the pattern.

    Amazon reported sales of $19.7 billion, which managed to beat the Street consensus of $19.4 billion. This was a 23% gain from the first quarter of last year, and earnings of 23 cents per share, up from 18 cents a year ago. Revenue growth was about even with the 22% rate seen in last year’s first quarter, and well below the 34% increase in 2012 and 38% the year before. And Amazon forecast revenue growth in the second quarter could be as little as 15%, which would be the smallest quarterly gain for the company since 2009. The company's shares rose $8, or about 2%, in after-hours trading.

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  • Apple looks bullish into earnings

    Yahoo Finance at The Exchange2 days ago

    Erik Swarts is an independent trader and market technician. He writes the superb and provocative Market Anthropology Blog.

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  • There's no such thing as a "stock picker's market"

    Yahoo Finance at The Exchange2 days ago

    Charlie Bilello, CMT is the director of research at Pension Partners, LLC. He's responsible for strategy development, investment research and communicating the firm's investment themes and porfolio positioning to clients. Follow Charlie's smart Twitter stream here > @MktOutperform.

    One of the most misused and destructive phrases in the investment world is the notion of a “stock picker’s market.” In a relentless uptrending market, investors become highly confident in their ability to pick stocks and almost any name they buy is going “up and to the right.” We saw the most extreme example of this in 2013, which set a record in terms of breadth with 93% of stocks in the S&P 500 finishing positive on the year. Never mind the fact that a blindfolded monkey throwing darts was likely to pick a winning stock last year; most investors came out of 2013 believing they were the next Warren Buffett.

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  • Huge week ahead: Estimize earnings preview for the week of April 21

    Yahoo Finance at The Exchange3 days ago

    is a free open online platform that allows users to contribute their own financial forecasts. By tapping into the wisdom of the crowd, Estimize has created a data set that is more representative of actual market expectations and is more accurate than the traditional Wall Street consensus up to 69.5% of the time.

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