|Day Low/High||145.69 / 157.79|
|52 Wk Low/High||2.57 / 76.76|
I am very tempted to short at $18.10 and at $232 - where both stocks are trading in the premarket. Both are ridiculously priced after the run over the last few trading sessions - but, as Falstaff noted in King Henry the Fourth (William Shakespeare)...
Let's look at the many positive story lines out there -- which having nothing to do with the Fed -- and what they mean for investors.
* But here it is repeating itself! and are moving much higher on robust volume. This squeeze is probably taking out a few more hedge funds!
Looks like there was some chatter about 'talking about' tapering of quantitative easing and about speculation. Let's dig in.
You dump the Nasdaq, crypto and non-fungible tokens, and move into industrials and mineral stocks.
This market is either going to test your patience or your fortitude.
The Reddit crowd is at it again - as they "play" , and (again)!
I've got a game plan that could make this once-fading brick-and-mortar video game business the only game in town.
Here's a followup from my May 2020 stock picks and how they played out during the pandemic year.
I worry that we are going to see a lot of folks go bust here soon rather than gathering up at least some of their winning chips.
The diamond hands that worked for some in GameStop stock and cryptocurrencies likely won't work in corn and soybeans.
The thinking that there always has to be a trade or we need to outperform every day or every month is misguided.
We're witnessing thousands of investors about to take their own financial lives listening to social media.
Just like you have to know how to read a room, you have to know how to read a tape and this tape screams 'I'm not done yet.'
I think this stock draft contest requires you to pick a temporarily down on its luck stock that could have a resurrection by February 13, 2022.
'Old age and treachery will always beat youth and exuberance'
You could sum up Tuesday -- before the close -- as flat. Let's look at what could stir up more volatility.
'Wall Street Bets' can move stocks left and right. But you've got to focus like a 'laser' on what you're getting into to avoid getting zapped.
They are pieces of paper tied, not to the short-sellers or the owners, but to the performance of the company.
* The decline in speculative stocks has been historic and broad-based - something I have been expecting for months * I remain bearish on the overall outlook for equities Yesterday's market was brutal and broad-based to the downside: * The specula...
Welcome to the 'new' old world -- the world we had before all the new people and their money came into the market.
Amazingly, one group isn't just left behind, it just keeps losing money, while the other group is shrugging off this day with aplomb.
With George Sherman out as CEO, everything, including every mistake, is now on Ryan Cohen.
* There are now over 100 Crypto Assets worth over $1 billion (that's a new record) * Dogecoin, which started as a joke, hit a $50 billion market capitalization on Friday * Investors want to believe in the value of cryptocurrencies, in the prophesies...
Let's look at this impossible move on the market -- and why health care could be coming off life support.
We have crypto worshippers, false idols and those who believe selling can equal betrayal.
When GameStop filed to sell 3.5 million shares, the notion that Ryan Cohen had something up his sleeve went out the window.
I've been saying that the market tends to rally on light volume and decline on heavy volume, and on Monday, everyone else was saying that, too. Also, Volmageddon, anyone?
Is that a head-and-shoulders top in the IWM you ask? Well, haven't you been reading my column....
I think GME is a potential candidate for a case study at Harvard.