#$snap

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Graco, Ticker: $GGG

Graco, $GGG, started higher in March and made a series of higher highs and higher lows. Since moving up off of the 200 day SMA in July it has had a steady trend higher. It paused when it reached the February high and then has continued higher. It comes into the week at resistance with a RSI rising in the bullish zone and then MACD crossing up. Look for a push over resistance to participate…..

Lazard, Ticker: $LAZ

Lazard, $LAZ, met resistance in June just under the 200 day SMA. It pulled back and then made another move higher that stalled under the 200 day SMA. It has held there since. The RSI is rising in the bullish zone with the MACD turning to cross up. Look for a push over resistance to participate…..

Norfolk Southern, Ticker: $NSC

Norfolk Southern, $NSC, started higher in March and met resistance in June. It pulled back to the 50 day SMA and then reversed higher. It is now at all-time highs again. The RSI is rising in the bullish zone with the MACD turning to cross up. Look for a push over resistance to participate…..

Nutrien, Ticker: $NTR

Nutrien, $NTR, started higher off of a March low and met resistance in April. It has moved sideways in a range since, tightening against the top the last month. The RSI is rising in the bullish zone with the MACD crossing up. Look for a push over resistance to participate…..

Snap, Ticker: $SNAP

Snap, $SNAP, ran from a March low to a top in July. It pulled back from there and has been rounding out a bottom recently. The RSI is rising in the bullish zone with the MACD lifting and positive. Look for continuation to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week.  These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with a second week lower and heading into the September options expiration, saw equities trying to catch their breath but looking weak.

Elsewhere the word is consolidation. Look for Gold to continue its consolidation while Crude Oil breaks consolidation lower. The US Dollar Index continues to consolidate after the drop while US Treasuries move sideways. The Shanghai Composite looks to continue an intermediate consolidation while Emerging Markets consolidate under long term resistance.

With the success and proven superiority of crowdsourced corporate earnings and revenue estimates and economic indicator estimates here at Estimize, the grander plan was always to apply this theory to other important financial data sets. Today we are excited to announce the launch of one of those new efforts with Estimize Key Performance Indicators (KPIs). As avid earnings-watchers know, for many companies it’s not just earnings and revenue figures that company stocks trade on, but things such as iPhone sales for Apple, subscriber numbers for Netflix, and monthly active user (MAUs) for some of the social media names such as Facebook and Twitter.

We kick off our KPI collection with those and 40 other household names.  Start contributing your estimates for KPIs of companies that have yet to report this season: 

Apple - iPhone Sales, iPad Sales, Mac Sales, Gross Margins

Salesforce - Deferred Revenue

GoPro - Units Shipped

Grubhub - Active Diners

Intel - Gross Margins

Michael Kors - Same Store Sales

Lululemon - Same Store Sales

Lowe’s - Same Store Sales

Nvdia - Gross Margins

Qualcomm - Gross Margins

Palo Alto Networks - Billings

Starbucks - Same Store Sales

Square - Total Payment Volume

Tesla - Deliveries

Under Armour - Gross Margins

DaVita - Dialysis Treatments

Teva Pharmaceuticals - Generic Medicine Revenue

Humana - Retail MLR

Electronic Arts - Digital Net Sales

FireEye - Billings

Amazon - AWS Revenue, CSOI

Priceline - Total Bookings, Room Nights Growth

Match Group - Total Paid Memberships

Snap - Average Revenue Per User, Daily Active Users

Twitter - Monthly Active Users

Yelp - Local Ad Revs, Local Ad Accounts

In this video Mike Bellafiore discusses a firm trader who had a terrific month trading but when it came to bumping up his share size he underperformed. See what advice Mike has for this trader.

Twitter is paying Segal a base salary of $500,000, with a signing bonus of $300,000. He will also get about $22 million worth of stock, vested over four years.

By Baz Hiralal

Ned Segal will shape the narrative of Twitter Inc.’s financial story as its new chief financial officer. The social medium has been without a dedicated finance chief since November, when Adam Bain left his role as chief operating officer. CFO Anthony Noto took on the additional role, and will now remain as COO. Management was notably thin as co-founder and CEO Jack Dorsey is also chairman and CEO of another company he co-founded, mobile payment company Square Inc. Bain has been advising companies and, being a “sneakerhead,” recently joined the board of sneaker resale marketplace GOAT.

Segal, 43, brings significant capital markets experience to the role. He was most recently senior vice president of finance for the small business group at Intuit Inc., where he led financial and strategic planning for the company's $2.5 billion division that delivers QuickBooks, Payments and Payroll. Segal previously served as CFO of RPX Corp., a public patent risk management solutions company. Like Noto, Segal is a former Goldman, Sachs & Co. banker. He started there in July 1996 after graduating from Georgetown University and worked in its San Francisco and New York offices, leaving in April 2013. Segal started off in equity research sales focusing on technology companies and transitioned to investment banking in 2005. His last role at Goldman was as a managing director and head of global software investment banking. He will take his latest role in late August. Twitter is paying Segal a base salary of $500,000, with a signing bonus of $300,000. He will also get about $22 million worth of stock, vested over four years.

Segal does not have much media experience and hopefully his password skills have improved.

(Post link: https://twitter.com/BarbarianCap/status/884875236415549440)

In its first quarter results Twitter reported accelerating growth in daily active usage for the fourth consecutive quarter, up 14% year-over-year, possibly due to a “Trump bump” in contentious political conversation (and meme wars). But the company has lost more than $2 billion since its November 2013 IPO, showing a need to monetize its service through ads and other revenue sources such as a premium service or partnerships. Noto stated: “We’ve received positive early feedback from our ad partners as we highlight the improved return on investment from our audience growth and better pricing.” Revenues fell for the first time as the company posted first quarter revenue of $548 million, down 8% year-over-year. Quarterly GAAP net loss was $62 million. Noto continued in the earnings statement, “We remain focused on our initiatives to grow revenue by simplifying our revenue product portfolio, communicating our progress to advertisers, and re-allocating resources to our highest revenue generating priorities.”

Twitter is competing against the likes of social media giant Facebook Inc., which has about 2 billion monthly active users. Average monthly active users were 328 million for the quarter at Twitter, up 6% year-over-year and compared to 319 million in the previous quarter. And then there are people reaching for “Instafame.” Instagram, which is now much more than a photo-sharing app with live video features and selfie filters to name a couple, doubled its user base in two years and has about 700 million monthly active users. Another competitor (there are tons of others – Kik, WhatsApp, Voxer, uMentioned, Fess, Facebook’s yet-to-be Talk, etc.), Snapchat, is also eating the time of social media users. Though, like Twitter, Snap is having its own troubles since its March IPO.