|Day Low/High||171.96 / 180.25|
|52 Wk Low/High||12.14 / 483.00|
If you are looking for logical trading, you will likely be disappointed.
Smart money knows the game by now. Just don't let them be less patient and greedy than yourself.
Plus, questioning MicroStrategy Inc.'s plans to sell a bundle of debt to add to its Bitcoin long position.
This otherwise utopian world lacks the firepower to extend its domain.
"I am going to write a good Diary on Real Money Pro today... and I am going to help people. Because I am good enough, I am smart enough and doggone it, people like me." - Daily Affirmations With Dougie Kass Today's Affirmations is about the the usel...
Though NYSE breadth is 17-3, I see a sea of red on my monitor. Ns over Ss. The most speculative gewgaws are the upside feature ( , , etc.) while digital currency related issues (as cyrpto appears to be rolling over) continue to be downside market ...
But there's a clear lack of energy, and the meme stocks are negative for much of the market.
Here's where you can make yourself right.
I remain manifestly bearish on both stocks (value, growth and meme), bonds, Bitcoin and NFTs.
* A win for the bears, today * And continued losses for Financial TV Though well off of the session lows there was less than meets the eye to the market today: * Breadth was consistently weak throughout the trading session (14 advancers for every 1...
It's fun to watch the wild action, but it's not healthy for the overall market.
The bulls are on the verge of a breakout as measured by the weekly chart.
"Trumpets and violins I can hear in the distance I think they're calling our names Maybe now you can't hear them, but you will If you just take hold of my hand Ah! But are you experienced? Have you ever been experienced? - Jimi Hendrix, Are Your Exp...
Many smaller hedge funds are doing the manipulation of the meme stocks (like Blackberry , Bed Bath & Beyond , and ) along with the retail crowd. AMC traded about 700 million shares yesterday, that's nearly $40 billion of volume (measured by market c...
We've got moves in AMC, GameStop and even Bed Bath & Beyond. But I'm playing Nokia and here's why.
This type of action has the ability to damage your portfolio in the blink of an eye.
All stocks have the potential for movement based on crowd psychology, but sometimes it goes to excessive levels.
Here's how AMC and GameStop can really shine, if they want to seize the chance.
I am placing GameStop ($238.25) on my Best Ideas List (short). Analysis will be coming over the next few days.
The biggest negative is that bonds are weak as inflationary fears are bubbling up again.
* I am respectful of the market's momentum, fueled in large measure, by the liquidity delivered by our fiscal and monetary authorities * And though I have expressed multiple fundamental concerns (in the past and in this missive) I am still not net s...
GameStop is -$46/share from its morning high and AMC is more than -$10/share from its high. Frankly... never mind.
"I am going to write a good Diary on Real Money Pro today... and I am going to help people. Because I am good enough, I am smart enough and doggone it, people like me." - Daily Affirmations With Dougie Kass Today's Affirmations is about the weightin...
If speculation is coming back into the market, then buying the breakouts and winners is the way to go.
The vicious rotation out of growth and into value has ended.
AMC Entertainment is stealing the spotlight again.
* I am no stranger to controversy - so here we go again.. * The crack in cryptocurrency prices may have gravitated speculators/gamblers back into meme stocks over the last several days * Respectfully, my ursine views on AMC and GME are in direct opp...
Let's take a look at GameStop and AMC Entertainment. Plus, a follow-up on Dick's Sporting Goods.
Good stock-picking is being rewarded again, and traders are regaining confidence.
This is for the fools who keep selling AMC and GameStop to the mobs that are determined to take them higher -- and I've got a buy-list for the WallStreetBets crowd.