I think that a 70 pin might set up for tomorrow..the 65 W-Calls are toast at the moment
with the NAZ down 73 points....Vix at 16.48...no market panic there....short term bottom-maybe..let's see the close..
Facebook Inc. is taking another small, cautious step toward online video ads which analysts have said would make the company even more profitable but could also potentially spark a user backlash.
Facebook (FB) on Thursday said it will begin posting 15-second premium video ads from select advertisers. Users can expect to see the ads in the next few months, the company said.
"Each 15-second video ad will start playing without sound as it appears on screen and stop if people scroll past," the company said in a blog post. "If people tap the video, it will expand into a full-screen view and sound will start."
Facebook had said in December that the company had started testing the ads.
"We'll roll out premium video ads slowly and monitor how people interact with them," Facebook said. "This limited introduction allows us to concentrate our efforts on a smaller number of advertisers with high-quality campaigns to create the best possible experience on Facebook ."
Facebook's cautious approach is based on concerns that video ads could turn off users. But analysts have long pointed to video ads as another potential growth catalyst for the social network.
"This is very positive for the stock," Topeka Capital analyst Victor Anthony told MarketWatch. "Rollout was/is slow because Facebook wants to ensure that the user experience will not be disrupted. With this launch they are communicating that they now feel comfortable that the user experience will not be compromised."
IDC analyst Crawford Del Prete also portrayed Facebook's cautious approach as a smart decision.
"While they may not be moving fast, I think they are being thoughtful about monetization of their network in innovative ways," IDC analyst Crawford Del Prete told MarketWatch.
The broad market inclusive of the SPX stocks in its index are back filling too..
Subtrader..so I'm as perfect as you guy....but well ahead for 2014.....this is what counts-right?
You know Subtrader I can guess that Facebook is going to 100..I'll return at another date and say "I told You So" good guess right? Call the charts in real time...you would display your expertise in trading....guessing has no merit.......SPX 1834 is your next critical support-fact
You seem to appear after the facts...why not post in real time...you'd be more credible..
We are in a small correction to 1834 on the SPX I feel..
I doubt if FB without news will move much higher..JMHO
Right before the opening bell about 26k shares did a tactical pump up to 71.35 or about and creamed it with 428k shorting and or selling south bound. (computer generated most likely) you can't fight their algorithms.
UBSS is on the bid to buy 20k shares at 70.45...
No crystal ball where this is going..still need to get back to 71..