Prev Close | 95.66 |
Day Low/High | 91.50 / 97.28 |
52 Wk Low/High | 77.58 / 344.66 |
Prev Close | 95.66 |
Day Low/High | 91.50 / 97.28 |
52 Wk Low/High | 77.58 / 344.66 |
Exchange | NYSE |
Shares Outstanding | 76.34B |
Market Cap | 7.30B |
P/E Ratio | N/A |
Div & Yield | N.A. (N.A) |
We ran, we ran all night and day... right back into U.S. Treasury securities, once again flattening the curve.
I found two very interesting takeaways from Monday's sharp market reversal.
* The shares of Netflix, despite its recent schmeissing, remain overpriced * Perhaps, considerably so... Netflix's shares have been roughly cut in half from its peak (From $700/share to $348/share), before it gets another big haircut (-$90 in prem...
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...
Last week's tech rally had a lot in common with other recent bounces, and we still haven't seen a true washout in some assets that saw especially crazy speculative activity.
While professional money likely participated heavily on Wednesday, the percentage of these trades that were simply price insensitive, short interest covering, risk removal trades may have been substantial.
Ryan Cohen acquiring a 10% stake presents us with an interesting situation.
In the case of grill maker Weber, it appears bearish investors are shorting the stock.
Both 'meme' names are set to report early next month. Let's check where they're going.
Despite a noble cause of crime-fighting and security, successful public companies require viable business models.
In late January I expressed some optimism that stocks were falling to more attractive levels. Unfortunately, a number of recent vintage and market unfriendly developments have emerged that have served to make me more pessimistic about the market's o...
"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 ...
* A new Friday column! - Covering my and shorts early - Covering my short.
GameStop is trading at $136. (I would trade a lot better if I turned off the TV.) Bad cover!
Having a hand in the crypto or NFT space seems like a no-brainer.
I have covered my short at $145 for a profit.