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Why Snapchat Tanked

Why Snapchat Tanked

Snapchat (SNAP) has been one of the less successful tech IPOs in the last decade. To add insult to injury, following the company’s first earnings results the stock tanked over 23% in after-hours trading. There are a lot of reasons why this happened, and each one is a...
The Modern World of Swing Trading

The Modern World of Swing Trading

Financial markets are like waves that go up and down. The secret to success in this industry is recognizing those waves, identifying when they ebb and flow, and anticipating when the tide will change. This metaphor isn’t overly stretched; the fact of the matter is...
Why Goldman Sachs Fell

Why Goldman Sachs Fell

Goldman Sachs (GS) reported an extremely disappointing earnings results at a really bad time. The company saw revenue rise 26.7% to $8.03 billion, but that was half a billion short of expectations. EPS was also 2 cents shy of expectations at $5.15. While that means...