|Day Low/High||23.32 / 24.30|
|52 Wk Low/High||6.00 / 25.46|
"Just one more thing." - Lt. Columbo I have my hands full with quite a lot of business projects I am working on (including a new hedge fund). I was actively trading -- before and after leaving my office this afternoon -- and I want to alert you ...
As a trader who at times takes short positions, I don't know whether to stand up and applaud this group or to fear them.
Welcome to the world of the bull market, 2021-style, as Tesla and others just keep going higher.
From Amazon to Zoom, here are my prognostications and best ideas for the new year.
* The internals of the market are worsening - as breadth continues to narrow. * Leadership is faltering. * I would not be surprised if, in the short term, the market gets ugly quickly. * Macy's is a new short for me. My advice, after visiting seven ...
Ending the pandemic swiftly appears unlikely, so here's how to look at key stocks and sectors right now -- especially as concerns of new lockdowns grow.
When it comes to COST, traders can always - since the pandemic began - let the 50 day SMA be their guide.
The great news about the pent-up demand rally? While these stocks have been creeping up they are now going to explode higher.
I think that it's pretty telling that Amazon is up and United Parcel and FedEx are down.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
I will come back to these names over and over again as we are now in the sweet spot for many.
Technical analysis has become so much more accurate a trading tool than it ever was before.
Each day you hear analysts talk about headwinds and tailwinds until your head spins -- so let's try to put together a forecast.
The only expectation that I have for now is a near certainty in increased volatility caused by several factors.
The vaccine news marks a major turning point and the issue now is to navigate this rotation.
It might be like cold water in the face to think that earnings don't matter. But these stocks have detached themselves from all metrics.
The iconic retailer's shares could be in for further declines based on their technical signals.
* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When the ...
Also, interpreting Tuesday's market, Covid-19 vaccine update, and manufacturing growth.
The idea is to identify those that might ultimately recover in the new year.
Interpreting the flow of capital in theory, or at least historically, for equities is quite simple. It's about growth, or the lack thereof.
The buyers have decided that the researchers and doctors are going to beat the virus, so you better get on board or miss the move.
* It's the mother of all short squeezes (part deux) * Does he live under water? "Yeah, like Bizarro Superman, Superman's exact opposite, who lives in the backwards Bizarro world. Up is down, down is up, he says hello when he leaves, goodbye when he...
The main takeaway as always is that the real casualties are those enterprises that aren't public.