DraftKings Inc Class A (DKNG)

49.17
0.89 1.80
NASDAQ
Prev Close 50.06
Open 50.24
Day Low/High 49.08 / 50.95
52 Wk Low/High 10.06 / 64.19
Volume 11.58M
Exchange NASDAQ
Shares Outstanding 784.73B
Market Cap 40.10B
P/E Ratio N/A
Div & Yield N.A. (N.A)

The technical patterns of Boeing, Bristol-Myers Squibb and DraftKings are worth tracking for potential buys.

Sports gambling online isn't the pinnacle to profits. iGaming, or online casino games, are much more profitable.

Comments by Mitch McConnell, Jerome Powell and Christine Lagarde had impacts on the market Thursday.

* My continued mantra is less pontificating and more trading/investing * Considering a short in SPY and QQQ on further strength   * Breadth disappointing (negative - 1475 advancers, 1565 decliners on the NYSE) relative to +25 S&P and +210 Nasdaq * I...

One of the research projects I have been working on over the last few weeks has been .  The bottom line is that I am price sensitive - I would be a $36-$38 buyer in the name - it almost got there yesterday morning.

Let's keep an eye on PENN and keep an open mind on the rest.

We're waiting for buy signals that tell us when it's worth placing bets on these two stocks.

Charts and indicators for DKNG look weak.

Looking at the 3 D's: Disney, DraftKings, and Domino's.

Trying to grab a bargain while a stock is falling is fraught with risk; better to wait until a true bottom has formed before buying.

The warrants are trading at a fairly heavy discount.

I'm not bearish PENN in the long-term, but shares are trading 50% above their 50-day simple moving average.

So let's have Caesars take us there, as the casino name looks set to run to a new 52-week high.

The parabolic stop-and-reverse has flipped bullish, so momentum and trend continue to favor the bulls. Here's how I'm trading it.

We have gone from banning former players for shaking hands and smiling for pictures to inviting sports gambling right into the venues that house the events themselves.

The charts and indicators of DKNG are looking a little risky for longs.

Speculative chasing has slowed and there's only a small handful of big movers.

The stock has a V-bounce appearance to the price action.

The DKNG scenario is like a football game, with bulls on one side of the line of scrimmage, and bears on the other side.

We may be seeing the beginning of a change in market leadership.

The charts of DKNG are still bullish.

I'm focused on the short-term picture for a trade here.

In this example, a headline about Nikola mislead investors while also creating a quick trade opportunity.

The new options are trading on the stock, so using a put spread might be a better way to target a lower entry.

I see NERD and new BETZ as great bets in the emerging sports betting and iGaming industry that will see gross gaming revenues reach a $1 trillion in the next decade.

And the reality is that the more money you make, the more likely you can contribute to the causes that you care about.

This Trio of Diverse Stocks Makes for Interesting Stalking

This Trio of Diverse Stocks Makes for Interesting Stalking

The technical patterns of Boeing, Bristol-Myers Squibb and DraftKings are worth tracking for potential buys.

The Buy for Online Gambling Is Landcadia

The Buy for Online Gambling Is Landcadia

Sports gambling online isn't the pinnacle to profits. iGaming, or online casino games, are much more profitable.

Words Matter, Central Bankers Speak, Crypto Thoughts, 3 Nice Earnings Surprises

Words Matter, Central Bankers Speak, Crypto Thoughts, 3 Nice Earnings Surprises

Comments by Mitch McConnell, Jerome Powell and Christine Lagarde had impacts on the market Thursday.

Some Afternoon Observations  

* My continued mantra is less pontificating and more trading/investing * Considering a short in SPY and QQQ on further strength   * Breadth disappointing (negative - 1475 advancers, 1565 decliners on the NYSE) relative to +25 S&P and +210 Nasdaq * I...

DraftKings Is on Deck

One of the research projects I have been working on over the last few weeks has been .  The bottom line is that I am price sensitive - I would be a $36-$38 buyer in the name - it almost got there yesterday morning.

Is Sports Betting an Odds On Favorite on the Charts?

Is Sports Betting an Odds On Favorite on the Charts?

Let's keep an eye on PENN and keep an open mind on the rest.

Stalking Technical Entry Points for Facebook, DraftKings

Stalking Technical Entry Points for Facebook, DraftKings

We're waiting for buy signals that tell us when it's worth placing bets on these two stocks.

DraftKings Is Falling Off Its Throne

DraftKings Is Falling Off Its Throne

Charts and indicators for DKNG look weak.

Few Stocks Pulled Back Last Week, but These 3 Did Just That

Few Stocks Pulled Back Last Week, but These 3 Did Just That

Looking at the 3 D's: Disney, DraftKings, and Domino's.

DraftKings Rated New Buy at Needham

Knife Catching Is a Dangerous Game

Knife Catching Is a Dangerous Game

Trying to grab a bargain while a stock is falling is fraught with risk; better to wait until a true bottom has formed before buying.

I'm Spying a Play on Graf Industrial via the Company's Warrants

I'm Spying a Play on Graf Industrial via the Company's Warrants

The warrants are trading at a fairly heavy discount.

I Like the Setup for a Bearish Call Spread for Penn National Gaming

I Like the Setup for a Bearish Call Spread for Penn National Gaming

I'm not bearish PENN in the long-term, but shares are trading 50% above their 50-day simple moving average.

With the Gaming Boom, All Roads Lead to Rome

With the Gaming Boom, All Roads Lead to Rome

So let's have Caesars take us there, as the casino name looks set to run to a new 52-week high.

I Find Everi Digital's Continued Revenue Expansion Intriguing

I Find Everi Digital's Continued Revenue Expansion Intriguing

The parabolic stop-and-reverse has flipped bullish, so momentum and trend continue to favor the bulls. Here's how I'm trading it.

How to Bet on DraftKings as Michael Jordan Joins as 'Special Advisor'

How to Bet on DraftKings as Michael Jordan Joins as 'Special Advisor'

We have gone from banning former players for shaking hands and smiling for pictures to inviting sports gambling right into the venues that house the events themselves.

Don't Bet Heavily on DraftKings Right Now

Don't Bet Heavily on DraftKings Right Now

The charts and indicators of DKNG are looking a little risky for longs.

The Stock Picking Is Becoming Much More Difficult

The Stock Picking Is Becoming Much More Difficult

Speculative chasing has slowed and there's only a small handful of big movers.

DraftKings Reports Friday, but I'm Playing Landcadia

DraftKings Reports Friday, but I'm Playing Landcadia

The stock has a V-bounce appearance to the price action.

Drawing Up a Trading Strategy for DraftKings

Drawing Up a Trading Strategy for DraftKings

The DKNG scenario is like a football game, with bulls on one side of the line of scrimmage, and bears on the other side.

Why the Party May Be Over for Tesla and Speculative Stocks

Why the Party May Be Over for Tesla and Speculative Stocks

We may be seeing the beginning of a change in market leadership.

DraftKings Rated New Buy at Jefferies

DraftKings Is Set to Trade Higher but Raise Sell Stops Anyway

DraftKings Is Set to Trade Higher but Raise Sell Stops Anyway

The charts of DKNG are still bullish.

DraftKings Bulls Await Word on Professional and Collegiate Sports

DraftKings Bulls Await Word on Professional and Collegiate Sports

I'm focused on the short-term picture for a trade here.

Caveat Emptor: Look Behind the Headlines Before You Make a Stock Move

Caveat Emptor: Look Behind the Headlines Before You Make a Stock Move

In this example, a headline about Nikola mislead investors while also creating a quick trade opportunity.

It's Tough to Chase Nikola, so Try This Setup Instead

It's Tough to Chase Nikola, so Try This Setup Instead

The new options are trading on the stock, so using a put spread might be a better way to target a lower entry.

Play eSports With These 2 ETFs

Play eSports With These 2 ETFs

I see NERD and new BETZ as great bets in the emerging sports betting and iGaming industry that will see gross gaming revenues reach a $1 trillion in the next decade.

Jim Cramer: The Market Makes No Judgment Calls, Investors Do

Jim Cramer: The Market Makes No Judgment Calls, Investors Do

And the reality is that the more money you make, the more likely you can contribute to the causes that you care about.