|Day Low/High||24.18 / 25.10|
|52 Wk Low/High||3.43 / 31.45|
The reaction to earnings from the big banks this week should give us some insight into market sentiment.
One of the most continual themes in this market is that anything that was liked last year is hated this year.
The market's catalyst had everything to do with the virus... optimism that humankind might stuff that scourge back into Pandora's box.
This is the first of a three-part piece on the recent short-selling saga spurred by traders from Reddit's 'Wallstreetbets.'
My favorite group at the moment is cannabis.
The fact is that even if there is some compromise, the next fiscal stimulus package will be closer to $1.9 trillion than $600 billion.
What's most important about this market is understanding which themes are driving the action.
As a trader who at times takes short positions, I don't know whether to stand up and applaud this group or to fear them.
That 'dumb' money can overpower giant hedge funds and create massive, short squeezes is a good indication that there is still plenty of buying power out there.
As the market appeared ho-hum on the surface, much was shaking underneath and traders got a jolt.
With few exceptions, there isn't a stock that could bring down this market.
The technical signs of the home goods retailer are a little touch and go right now.
I had thought markets were smitten with the idea of gridlock. Now, they seem laser focused on looser fiscal policy as a catalyst.
The fears of what would happen from Democratic wins in Georgia's race failed to pan out, aside from tech taking a few hits. Here's what's happening instead and why.
The shares declined in late October and made a low in November.
For a patient investor looking for a potential home run over the next 18 months, WTER checks off a lot of boxes.
The shares have traveled a long way from the white-knuckle low of early April.
It's remarkable to see such excitement based on totally contradictory theories and themes.
It should be clear that this isn't just a matter of 'good news drives the market higher and bad news will drive it lower'.
This is what's known as a positioning week, and starting Monday you're going to hear a ton of things.
As BBBY's earnings beat propels it to new 2020 highs, I recommend this strategy for investors.
Suddenly, both sides realize that they have played politics and the people had noticed. Not those two from Tuesday night. Thankfully.
I wouldn't recommend shorting the stock ahead of earnings on Thursday.
The prices of hotels and even beaten up retailers say that many believe a vaccine is on the way -- here's how I would get positioned.
Isaac Newton's first lesson: An object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.