$EBAY Not a great deal of confidence pre earnings, bias is short
We have had a short bias on this stock for some time despite a bounce since December lows. Momentum in that recovery has staled considerably and the activist stimulus has run its course. Ebay competes with possible the greatest company that exists today in the retail/tech world, AMAZON. We will remain short in EBAY and long in AMZN into earnings in what will be a pivotal week for the both companies.