Dead-LYFT

Dead-LYFT

Ride hailing company Lyft (LYFT) is currently down 25% in the after hours from 52-week lows after reporting 1Q22 earnings. The quarter itself looked fine to me but it seems like 2Q22 guidance of adjusted EBITDA of only $10-$20 million…

Squeeze

Squeeze

The combination of an oversold market and good enough Facebook (FB) earnings may result in a squeeze higher Thursday. If we start to see a trend day higher, investors may pile in and shorts who have overstayed their welcome will…

FB: Good Enough

FB: Good Enough

Facebook (FB) just reported mediocre 1Q22 earnings – but with the stock as oversold as it is that’s good enough. Daily Active Users (DAUs) were up 30 million to 1.96 billion from 1.93 billion at the end of 2021. Revenue…