|Day Low/High||145.22 / 157.60|
|52 Wk Low/High||2.57 / 76.76|
If you own the stock, here's what I suggest you do right now.
They are all chasing the same people, the millennials.
The debuts of Robinhood, Krispy Kreme and Dole were less than stellar, but one of the trio might be worth a good look right now.
Is HOOD walking into the public spotlight with a bulls-eye on its back before it gets a chance to prove itself?
Robinhood has had a bit of a rough patch on its journey to becoming a public company.
The market is more unstable than many think, but most are ignoring it.
* An explanation of why I covered my SPY short on Thursday despite having an ursine market view * For me, shorts are more typically trades; longs are more typically investments * When executed properly, shorts can be a beautiful thing! "Short people...
I remember asking my father this years ago, and here I'll explain -- so get ready to learn about bonds, speculation and even a bit of human nature.
Let's look at reasons why these big names don't get as much love from the WallStreetBets gang -- and why I'm burning to talk about pot.
* The market is in chaos and more unstable than many think, but most are ignoring it * The market averages are holding on by a thread * The supercharged Fed put is about to expire * Stocks are more overvalued relative to "fair market value" than at ...
A commentator on CNBC just stated (emphatically) that historically when small-caps corrected it presaged strength in the broader markets. He used history as his guide. I call BS as never before was the (small-cap) comprised of such crap (I mean gewg...
A number of the shorts on my Best Ideas List are getting schmeissed today: * Tesla was placed on the List at $688 on 6/29/2021. Trading at $664 and down $5 today. * was placed on the List at $238 on 6/1/2021. Trading at $172 and down $7.70 today. * ...
"You can't go back and change the beginning but you can start where you are and change the ending." - C.S. Lewis No matter how long I have been in the investment business I literally learn every day. The last 18 months have been especially instructi...
I remain short bonds based on the view that current yields are too low and don't accurately reflect the likely trajectory in inflation and economic growth.
* The current level of interest rates makes no sense and is the result of academics around the world running monetary policy (h/t Lee Cooperman) * I view the recent drop in yields as a near term opportunity to short bonds and to fade the upward pric...
One of the key technical market concerns/divergences (and the reason I am scaling into Index shorts on strength) are the continuing and consistently weak breadth. Today the decliners exceeded the advancers by a 8:7 ratio. As I mentioned in yeste...
Many new traders will eventually give up, but a small group will become 'real' traders and have the ability to make money for the rest of their lives.
Before assuming being short natural gas this time of year is a no-brainer, recognize that this market has earned its nickname of being a widow-maker.
Adding to long ($30.82), and adding to shorts in and . Also adding to my bank shorts.
* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. This column is a continued commitment towards that sort of disclosure. "Wh...
I have shorted a small speculative basket of stocks which, importantly, include (at $211.35) and (at $56.50).
The iPhone maker appears to be stirring from its months-long slumber as both stocks could threaten their all-time highs.
In this sea of thousands upon thousands of stocks, there are better setups than shorting a $1 or $2 name, any name.