Meta Platforms Inc (META)

[In My Opinion]

"No reason" is good as long as it is no reason regarding FB specifically. Market was mixed, year end selling, low volume holiday week and most important twitter took a much overdue and expected hit.

TWTR stands a very good chance of opening gapped heavily lower on Monday before dead catting and finding a lower range to trade in. Question I have is will FB be redeemed or will it follow the twitter tide for a while till earnings. High valuations aside, FaceBook is still the clear standard in social networking and tweet like activities are easily provided for by FB as they are doing with InstaGram for a cool billion. Cheap. This is one of a number of things that makes me feel confident that FB will move forward and with much of the energy and resource previously sucked up by TWTR mania. Earnings should be very positive, I believe. Watch for the signs of this as we approach the reporting date. Usually a head fake stall, fall back then jump forward right before reporting time. Funny how inside money seems to figure it out before everybody else.