|Day Low/High||148.25 / 151.29|
|52 Wk Low/High||121.00 / 256.09|
When GameStop filed to sell 3.5 million shares, the notion that Ryan Cohen had something up his sleeve went out the window.
Stay focused and look for opportunity.
Right now the newfound prevailing wisdom is clobbering the old kind and those who cling to the latter are destined to be run over.
The rebellion against concept investing I think is not done but it will be if we get twice the GDP growth than we have had.
Buyers of DASH are not being aggressive.
Maybe it will be viewed as the ultimate 'opening' story because restaurants might soon come back.
As an early vaccinator I can tell you that you can make money from these strange things provided you do them before everybody gets the jab.
When investing in a stock, it's not really that import why it's moving. Here's what is important to ask.
The writing is on the wall for the gig economy, but I see a play in this name.
I want to help you get rich, but to get rich carefully. Prudence dictates taking something off the table.
From Amazon to Zoom, here are my prognostications and best ideas for the new year.
The numbers tell the story and not the other way around. Don't forget that.
With these huge initial public offerings in Airbnb, DoorDash and Snowflake, we have to think about how much sense their valuations make; the logic behind them might surprise you.
They leave investors in a precarious position, as there is not a lot of a value left in what has become a very picked-over market.
Some markets are index-driven, but not this one, which makes finding good stock picks the approach to take in navigating it.
You can dismiss the market as irrational and crazy or you can work to navigate the action to make significant gains.
Keep in mind the positive catalysts as we wrap up the year.
Let me tell you what happened in 1999-2000 and what's happening now, and how it doesn't have to happen again.
Both IPOs and secondary offerings sopped up some excess liquidity and are contributing to a market pause as Friday trading begins.
If it doesn't end soon, the frenzy for select tech names could last until vaccines drive changes in consumer spending, or until inflation begins picking up.
Indexes hold steady after several offerings eclipse opening prices in the past two days.
I see upside in the common stocks of oil tanker shippers as we move into 2021.
The market's underlying support is strong and there is still an appetite for speculative stock picking.
Despite negative volatility, at this point it looks like a pause in the uptrend and not a major top.
Long-term investors need to understand that an over-reliance upon tracking funds will ultimately exacerbate volatility, and once everyone is standing on the same side of the ship, destabilize financial systems.
IPOs will continue to suck up more liquidity, but it appears that buyers are lurking under the surface and are just waiting for some entry points.
... And the DoorDash IPO pulled out a block from it, bringing the whole thing down. Here's what to look for as two more major offerings are coming.