SnapChat Adds Context Cards; Ride Hailing, Restaurant Reservations, And Reviews

Snapchat takes a play from Google’s playbook and add Context Cards. So let’s get this straight: Facebook copies SNAP, SNAP copies Google. Google must be the real King, no? Here’s the latest details for $SNAP:

The feature is called context cards, and it allows Snapchat to surface information related to a particular restaurant or business when someone views a publicly-viewable Snap related to that place.

Now, when you view a Snap that’s part of an “Our Story,” Snaps that have contextual information available will have a “more” menu. Swipe up on these Snaps and you’ll see a feed of details related to that location, including business hours, contact information, ratings and reviews, and links to table-booking and ride hailing services.

See it in action HERE.

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$SNAP continues to struggle with $15. However, things can get pretty bullish in a hurry should we top $15. Here is a look at the price action since the iPO:

Here’s your weekly look at the top 100 rated stocks inside iBC’s trading software, Exodus. The following screen this week searches for stocks that have a high financial & technical score within our system (aka The Hybrid Score), and trade over one million shares in average volume.

The results below are sorted by average daily volume, NOT the actual ranking. To view the actual ranking, the official screen for members can be found & saved HERE.

I’ve imported this week’s screen for your viewing pleasure: CLICK HERE FOR RESULTS. My favorites heading into the upcoming week include:

$CMA takes the top spot this weekend.

$NFLX is off and running today, making fresh new highs on another subscription price hike. Here’s the latest:

According to Netflix officials who confirmed details with Business Insider, the streaming service’s middle and highest-tier plans will increase in price, with new subscribers seeing the effect today and current subscribers being charged more in their next billing cycle.

The middle-tier plan—which is Netflix’s most popular subscription and allows HD, as well as two simultaneous streams—will now cost $10.99 per month, up from its current price of $9.99. The company’s 4K-enabled, four simultaneous streams subscription—its “premium” plan—will increase to $13.99 per month from $11.99.

The stock is breaking resistance here, and threatening to break to highs on the day. The infamous $200 roll, not to be confused with the $100 roll, is on deck:

So apparently Google is getting into the wearable market with a clip on camera for $249. The latest AI will be behind the lens. Details can be found below, $GPRO is off 4% on the news:

Google debuted a product that basically no one saw coming at its big hardware event today: A camera called Clips. It’s not your typical camera, however – it’s designed essentially for passive use, as a way to help capture moments that you’d miss with a dedicated camera or your smartphone.

Clips grabs “motion photos,” the new picture format that Google created that includes some brief movement around the frame, like a Live Photo from Apple. It doesn’t grab audio, but it does have smart recognition features on board. It also doesn’t use any kind of network connection, so it’s not broadcasting the stuff it captures anywhere. You can connect to your phone to check what you’ve got. READ MORE

Let’s see if Google’s live event is enough to move the needle here. The stock is consolidating at highs, watch for a breakout:

The action in $TSLA is impressive given all the new events circulating the company. For the third trading day in a row, the company has rejected lows and managed to find its way back above $340. Given the action, I will continue to hold my long position.

Also, I’ve decided to join the chip party, and pick up a little $AMD. I’m long from the low 13s as it was pinned on today’s runner screen inside Exodus:

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What are you guys trading here?

Well, we now know why we had persistent weakness in Tesla’s stock. Here’s the latest on production numbers from the model 3:

The electric-car maker said Monday that it produced 260 Model 3 sedans and delivered 220 of the cars in the third quarter, after holding a launch event for the car at the end of July that included the delivery of the first few cars to employees. Chief Executive Elon Musk has said that he expected Tesla to produce 100 Model 3 cars in August and ramp up to 1,500 in September, with plans to produce 5,000 Model 3 cars a week by the end of the year.

“Model 3 production was less than anticipated due to production bottlenecks,” the company said in its announcement Monday. “Although the vast majority of manufacturing subsystems at both our California car plant and our Nevada Gigafactory are able to operate at high rate, a handful have taken longer to activate than expected.” READ MORE

On the “Production Bottleneck” news, the stock is down 1.62% in the after-hours session, basically right back down to today’s low. $335.51, to be exact, was today’s low and we may slice right through it tomorrow judging by the late action. The stock likely has a date with the 200 day moving average at this point. See below:

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Godspeed $TSLA longs.