|Day Low/High||186.00 / 199.36|
|52 Wk Low/High||8.38 / 483.00|
When the seats are all inhabited by the sharks, they soon start to devour each other.
Bears make money, Mr. Plotkin, Bulls make money Mr. Gill, but hogs get slaughtered.
At least for the moment the bloom is a bit off the speculative corner of the markets. Traders and gamblers note that the declines below could come to a stock your trading: * Tilray has gone from $70 to $28. * AMC has declined from $22 to $5. * Gam...
As is customary, Mr. Market rallied from the morning schmeissing (at least halving the earlier declines): * Breadth was negative 2-1. * In percentage terms, the Russell Index declined 3x the Nasdaq and S&P. * Banks were mixed -- but Wells Fargo cont...
There was plenty of idiotic behavior to go around amid the recent short squeeze frenzy, but it doesn't appear to reach the level of illegality.
* In poker parlance ARK's Cathie Wood has been dealt the "nut hand" repeatedly (and for some time) * But ARK's favorable run of cards could change abruptly * I remain Bearish on the U.S. stock market, Tesla and ARKK "(as Denethor runs by) So passes...
The Fed's Jay Powell pulled out the heavy artillery to help keep the economy and financial markets going, but would it be enough?
Momentum is cooling but there continues to be pockets of hot action, particularly in bitcoin.
The 'suits vs. retail' paradigm drove up GameStop and AMC, but market reality shows quite a different story. Here is how to benefit from shifting allegiance in online brokerages.
I often write that "investment knowledge is always 20/20 when viewed in the rear view mirror." Case in point is M. Elerian who has not been keen on the market for over a year but now confidentially explains that investors are chasing a rational bub...
Part two of a three-part series about the recent GameStop trading explosion spurred by subreddit channel WallStreetBets.
As I mentioned in my opener and during the last several days, the short opportunities are multiplying - with outstanding reward vs. risk ratios. Within the last 10 days I have made +30% on a short, +45% on a short and, today, +45% on a short - all ...
When any resemblance of fear or risk management returns, we'll likely have a sharp, but buyable dip in quality names.
Keep your eyes open and beat the arrogant, self-interested profiteers who want to make money off you by making this more complex than it really is.
Groups of traders acting together have been around forever, but the nature of it changes from time-to-time.
For those not fundamentally inclined, check out my trade idea on the cult cannabis name.
The trading in hot sectors remains extremely bullish, but the action is shifting so quickly that many folks simply can't keep up.
Department stores, sporting goods sellers and even fashion retailers have seen their shares surge this year, but the question is whether the party can last.
* The everything bubble is broadening out to numerous sectors now * While the noise of the "playas" scoffing at those that are not trading "bubbles" is growing louder "It's not love I'm runnin' from, Just the heartbreak I know will come Cause I kno...
No matter how it looks during this red-hot market action, what makes stocks go up over time is the creation of value.
This is a big trade for some and may require a patient entry.
It's important to follow the macro trends like growth over value rotation, or reflation vs. deflation trade.
* The teutonic shift from active to passive investing is an underappreciated reason for the recent market melt up * Passive investing has resulted in a massive buyer that is materially insensitive to price and indifferent towards fundamental analysi...
This is the first of a three-part piece on the recent short-selling saga spurred by traders from Reddit's 'Wallstreetbets.'
In which we discuss the seven heavenly ways to make money and the seven sins to watch for.
They joined forces in an attempt to influence silver prices higher in hopes of a short squeeze.
If the infrastructure weren't so antediluvian then much of what occurred wouldn't have.
Are you going to gamble for entertainment purposes or be a serious trader that turns this into an ongoing source of income?
A few days ago Walmart broke $140. I reloaded in the name after selling above $150/share. I have been steadily adding - and super sized it on Tuesday. The stock has begun to act better - and was trading up another +$2/share to almost $144.50. It...
With what's going on, Adam Smith just rolled over in his grave.