Prev Close | 11.58 |
Day Low/High | 10.30 / 11.39 |
52 Wk Low/High | 9.70 / 72.62 |
Prev Close | 11.58 |
Day Low/High | 10.30 / 11.39 |
52 Wk Low/High | 9.70 / 72.62 |
Exchange | NYSE |
Shares Outstanding | 516.82B |
Market Cap | 5.98B |
P/E Ratio | N/A |
Div & Yield | N.A. (N.A) |
The US may very well escape recession this year, putting it off until early next year. Other global economies may not be so lucky.
The hard fact is that HOOD loses money and not too many folks see them turning a profit anytime soon.
The important bottom line is we have the fess up, in print, from a guy in the know that the Fed really does target stock prices.
* Former New York Fed Head Bill Dudley tells us what we already know - the Fed targets stock prices * Another Fed rant... First, the key words from Bill Dudley based on his Bloomberg opinion column and a Bloomberg interview. "It's hard to know how m...
Going back to late last week, the expected quarter-end reallocation trade - out of stocks and into bonds - occurred and equities closed March weak. Stocks rebounded Friday and a spirited and apparently "FOMO" based rally - concentrated in large-cap...
You might not immediately think of this name as a big winner over the last two years.
Here's the list of the biggest movers in the premarket: Upside: - +20% (earnings, guidance) - +17% (earnings) - +15% (earnings) - +15% (China reportedly considers to give US full access to audits of most US-listed Chinese firms in mid-2022) - +14% (...
A fascinating confluence of conditions has created a powerful bounce, and there's no way to know when it might end.
They are back. As an example, yesterday, AMC Entertainment and GameStop share prices rose by +45% and +24%, respectively -- for no apparent reason. Typically, this is the sign of the end of a Bull Market, but there is nothing normal about today'...
Big caps like Apple and Tesla skew the picture, so let's dig deeper.
Short-selling is not just the reverse of going long.
"Yesterday even the "junk" rose - cannabis stocks, meme plays ( , , et. al) and lower-rated, non profitable stocks - a possible sign of a near term market peak." - Kass Diary, "Is Mr. Market Saying That Equities Will Be a Good Hedge Against Inflatio...
* I doubt the notion... and I am shorting into the market's recent strength * Consensus S&P profit expectations are too high * Corporate profit margins have never been higher - exposing profitability to the corrosive impact of inflation Did we reall...
How will the extraction of all things Russian from worldwide participation impact the global economy?
Both 'meme' names are set to report early next month. Let's check where they're going.
"It is my view that the odds favor that the rally over the last two days of January may have been a Bear Market rally - providing a great trading opportunity but not likely the basis for a new Bull Market leg... Unfortunately I suspect January's mar...
* Investors face a number of dilemmas * Rates are being raised into a slowing economy * Multiple compression, "slugflation" and heightened volatility lie ahead * The strike of the Fed put is much lower than many believe It is my view that the odds ...
Monday's rebound in meme stocks provides a chance to step in here.
Rising interest rates are crushing small stocks, so keep an eye on the bond market.
is trading this morning at $18. I wrote this with the shares in the $40s: Jul 21, 2021 ' 09:05 AM EDT DOUG KASS AMC's Adam Aron Should Be Fired and Not Promoted * Daytraders at Reddit/WallStreetBets are not aligned to the longer term health of AMC...
In the heat of battle, when the influence peddlers have the upper hand, it isn't easy to get traction refuting a story that makes little sense.
As we enter a new year, expect the fast and furious moves to continue in volatility and options volumes. But this factor will make the difference for those looking to make money.
The broader market had a very tough go of it in 2021, but you wouldn't know it unless you do some digging. From Reddit and Diamond Hands to SPACs and a stealth bear market, it's been a wild ride.
* I have little conviction in this afternoon's violent rally "Nothing like price to change sentiment." - The Divine Ms. M. I read the same people you follow on Twitter. I listen to the same people you watch on Fin TV. They are emboldened (and bu...
The fact is that some blood hit the floor on Monday.
Those that came to the support of David Portnoy as a stock picker and those that endorsed illiquid, valueless and speculative gewgaws and meme stocks - like standard bearers and - should no longer be listened to. I couldn't be more direct.
Today's markets provide an immense challenge to money managers, like myself, who actively sell short. On one hand, shorting the Indices (as I have had unprofitably done in the past) exposes a short seller to the massive and unrelenting flows going...
Let's review areas that are hot, those that are not, and how to position though January.