Our full trader lineup including bob peck who will do double duty tonight on alphabet and amazon. He is on, literally, the red phone which as i went over there is actually connected to nothing. Hi, everybody. Good to see you. Welcome. Youre not supposed to give that away. Everyone knows that. We have the smartest audience in television. Look at these afterhour moves. Amazon. Com up 2 on results and alphabet up more than 5 on its results beating on almost pretty much every single metric. Heres the question. Is it still too late to get into these names given the recent runs that very have had and on a broader picture what do they mean for the overall market rall . Got some pretty heavy market stats coming up in a bit. Dan nathan, thoughts on just this . Amazon and google are two very different stories and google had a disappointing quarter. If q1 the stock has been in the penalty box since, growth had a reasonable price here. I dont think you can really say that about amazon even though
Themselveses. They make themselves better in a way thats unseen to everyone until later when the improvement becomes ef dent. Look at this market. Especially in this speculative stock. S p rose. 09 . Holy cow. Pointing to key concepts. First there is a tremendous amount of shorts. Its a Short Covering rally with the appearance of fraud for certain. I want to dig deeper for tonight. For months on end, stocks in the commodity Mineral Resource have been on the decline. When we consider the case of mro, marathon oil. In the heyday of the oil blow off the run to the top in 2014, marathon traded at 41. Oh, geez. Back then marathon seemed to be a logical takeover target and a fantastic fount of oil. The company had a huge amount of money to be one of the largest independent Oil Producers out there. Big eye with as. They put up spectacular numbers. Earnings peaking at 4. 48 a share in 2014. In 2015 they lost an astounding 3. 26 per share. Wow. Just like that. All the debt turned the stock from
For months on end, stocks in the commodity Mineral Resource have been on the decline. When we consider the case of mro, marathon oil. In the heyday of the oil blow off the run to the top in 2014, marathon traded at 41. Oh, geez. Back then marathon seemed to be a logical takeover target and a fantastic fount of oil. The company had a huge amount of money to be one of the largest independent Oil Producers out there. Big eye with as. They put up spectacular numbers. Earnings peaking at 4. 48 a share in 2014. In 2015 they lost an astounding 3. 26 per share. Wow. Just like that. All the debt turned the stock from a market darling into a pariah. In october with the stock down more than 50 from highs marathon slashed the dividend by 76 in order to save 425 million in cash flow. Expected. What happened . The stock jumped 5 on the news. It was a phony rally though. [ buzzer ] with oil plummeting to 26 the stock nose dived to 6 and change. Oil then jaunted to 33 at the end of february, taking ma
They make themselves better in a way thats unseen to everyone until later when the improvement becomes ef dent. Look at this market. Especially in this speculative stock. S p rose. 09 . Holy cow. Pointing to key concepts. First there is a tremendous amount of shorts. The appearance of fraud for i want to dig deeper for for months on end, stocks in the commodity Mineral Resource have been on the decline. When we consider the case of mro, marathon oil. In the heyday of the oil blow off the run to the top in 2014, marathon traded at 41. Oh, geez. Back then marathon seemed to be a logical takeover target and a the company had a huge amount of money to be one of the largest independent Oil Producers out there. Big eye with as. They put up spectacular numbers. Earnings peaking at 4. 48 a share in 2014. In 2015 they lost an astounding 3. 26 per share. Wow. Just like that. All the debt turned the stock from a market darling into a pariah. In october with the stock down more than 50 from highs
Marathon traded at 41. Oh, geez. Back then marathon seemed to be a logical takeover target and a fantastic fount of oil. The company had a huge amount of money to be one of the largest independent Oil Producers out there. Big eye with as. They put up spectacular numbers. Earnings peaking at 4. 48 a share in 2014. In 2015 they lost an astounding 3. 26 per share. Wow. Just like that. All the debt turned the stock from a market darling into a pariah. In october with the stock down more than 50 from highs marathon slashed the dividend by 76 in order to save 425 million in cash flow. Management indicated the quarter would come in better than expected. What happened . The stock jumped 5 on the news. It was a phony rally though. [ buzzer ] with oil plummeting to 26 the stock nose dived to 6 and oil then jaunted to 33 at the end of february, taking marathon back up to 8. 23. At the end of the day when it finished at 8. 23 the Company Announced an offering of 135 million shares in whats known a