Graf Industrial Corp. (GRAF)

Prev Close 24.42
Day Low/High 23.17 / 25.55
52 Wk Low/High 9.87 / 32.50
Exchange NASDAQ
Shares Outstanding 23.64B
Market Cap 577.35M
P/E Ratio 225.00
Div & Yield N.A. (N.A)

The warrants are trading at a fairly heavy discount.

These 3 SPACs are very active in today's trading. This is where the action is.

Look beyond the large-cap technology stocks to find good trades right now.

Don't be in a rush. The key to accumulating stocks in this environment is to move incrementally.

There still are no major warning signs that a turn is about to occur.

Apple paves the way as pessimists were expecting a reversal that isn't happening.

What's most interesting about this market is how market players continue to hunt for entries despite all the warnings and negativity.

Market players aren't dumping stocks, they are just looking for better opportunities.

Liquidity, steady dip-buying and new all-time highs for the S&P 500 make it very difficult to be too negative.

It's very mixed and chaotic action but it still has a positive tone and the indices are holding.

We will anticipate, that's how the market works. No matter how we spin it those are anticipatory moves.

Overall action continues to be quite healthy.

Hot stocks tend to have a second wind after the first batch of rookie traders wash out.

Concerns about upcoming earnings reports are understandable but they are not an issue right now.

Traders are shaking the trees looking for the next hot players, creating movement where little may have existed.