NewsWatch: Here’s why the next 10% stock move is likely to be down, warns Miller Tabak’s top strategist

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Our call of the day comes from Miller Tabak + Co.’s lead strategist Matt Maley, who says individual investors should stop trying to chase this rally, or they risk running into a 10% drop. See full story.

Twitter stock gains after first $1 billion revenue quarter, big user-growth beat

Twitter Inc. cracked $1 billion in quarterly revenue for the first time this holiday season, topping expectations, though the social-media company’s profit came up short. See full story.

GoPro has been a no-growth company almost since its IPO

After GoPro Inc., the developer of action cameras, went public in 2014, its revenue peaked in 2015 $1.6 billion. In the four years since then, GoPro investors have never seen sales get back to those levels, and its stock price has fallen about 88% from its market debut. See full story.

Tesla shares’ ‘evening star’ chart pattern portends a reversal in progress

Tesla Inc.’s stock is selling off on Wednesday, but the real drama occurred during the previous session’s rally, when a short-term “spinning top” appeared as part of an “evening star” reversal pattern to warn that the dramatic rally may have finally succumbed to gravity. See full story.

Looking for another Apple or Amazon? These stocks have one important thing in common with tech’s big winners

The companies, including AMD, NextEra Energy and Vertex Pharmaceuticals, improved their pricing power as sales grew rapidly. See full story.


The last time the author, MarketWatch editor-in-chief Jeremy Olshan, asked Bloomberg what he was most frugal about — back in 2010, when he wasn’t running for president — his answer was slightly more amusing: that he owned just two pairs of dress shoes. See full story.