|Day Low/High||55.49 / 56.70|
|52 Wk Low/High||21.34 / 68.28|
Uber and Lyft have no cars. General Motors has no chips. Airbnb has no real estate. Evergrande has no money. Robinhood has no shareholders equity. Bitcoin has no intrinsic value. Tesla has no auto-based profits. Zoom and Peloton have no physical pla...
The shares of the ride-sharing service appear as though they'll be heading lower in the near term based on its charts.
This COVID-19 vaccine is the potential savior of more than just the market.
Here we'll look at one REIT, and see whether it should feel gain or pain based on the work-from-home trends we're seeing play out.
The tale of two rideshare earnings tapes could tip the scales of opinion.
Plus, taking another look at Robinhood post-IPO and what it says about the modern marketplace.
Here's why only speculators should be betting on DKNG.
Is the truth in the jobs report or GM's earnings? Or is it in the cruise lines or the real estate firms? Let me show you the 'REIT' way to look at it.
Doesn't the Fed now have to taper asset purchases simply to avoid becoming an even greater force in these markets?
Just as fears of Fed tightening and a trade war created buying opportunities in tech and elsewhere in late 2018, arguably overblown fears about the Delta variant's economic impact are creating opportunities now.
Among other things, results revealed that quite a few firms are now facing a higher bar, and that reopenings have begun affecting consumer behavior in a number of ways.
After today's close we have yet another sea of corporate earnings reports to sift through and gather data points for either positions we have or ones we're contemplating. Here's the list of ones that I'll be digging into: Activision Blizzard Caesar...
UPS and FDX are both in serious rally mode, yet in very different places in terms of technical development.
Think of Grab as a combination of Lyft, DoorDash, and PayPal.
Uber has now said that demand for the ride hailing service is recovering faster than driver availability.
Tech companies likely to see revenue growth inflect higher could continue doing well, as might relatively inexpensive ones that are poised to continue growing.
Maybe it will be viewed as the ultimate 'opening' story because restaurants might soon come back.
And listen to what Cathie Wood of ARK Investments had to say about TSLA and ride sharing.
The Russell 2000 has now soared 16% year to date, nearly twice the Nasdaq Composite's 8.5% move.
Recent vaccine-related data is encouraging, and the stage is being set for a major second-half surge in travel, dining and live events spending.
The writing is on the wall for the gig economy, but I see a play in this name.
From Amazon to Zoom, here are my prognostications and best ideas for the new year.
... And the DoorDash IPO pulled out a block from it, bringing the whole thing down. Here's what to look for as two more major offerings are coming.
Pick up some or buy deep-in-the-money calls, but know that if they go down, you pounce.
What the Nasdaq experienced Monday is known not just as an 'Outside Day,' but an 'Outside Reversal,' and these can be dangerous.