|Day Low/High||15.58 / 20.39|
|52 Wk Low/High||1.05 / 127.45|
We're witnessing thousands of investors about to take their own financial lives listening to social media.
As world economies reopen, there's a chance for some of these shipwrecked stocks to sail the bullish seas once again.
I believe more sensible regulations should be considered and enforcement is needed to adapt to gains in technology.
While there are some good setups for stock pickers, the momentum is fizzling out very fast.
* Speculation is an almost constant condition - it has been going on thru the history of time * But manipulative practices ruin our markets * The introduction of a financial transaction tax and the elimination of near term (weekly) call options woul...
This can be a good environment for aggressive trading, but it's important to stay selective and disciplined.
Stock pickers are back, and they working on short squeezes again.
When any resemblance of fear or risk management returns, we'll likely have a sharp, but buyable dip in quality names.
For those not fundamentally inclined, check out my trade idea on the cult cannabis name.
No matter how it looks during this red-hot market action, what makes stocks go up over time is the creation of value.
Plus, Thursday was a solid day for nearly all sectors of the market, though Peloton Interactive pulls back after posting results.
"Just one more thing." - Lt. Columbo Did any of you see today that insiders at Koss Corp. sold to those who bid the stock up earlier this week? Makes sense, the company and the ... owners hit the lottery with the those, ahem, who were buying it....
My favorite group at the moment is cannabis.
It's been an entertaining drama, but also a major distraction for the broader market.
I feel like I've been in a wrestling match with the technical issues and big moves.