|Day Low/High||27.05 / 28.30|
|52 Wk Low/High||1.36 / 29.40|
There are a couple of things that are helping to contain the selling.
Let's check in on some auto and truck data that is making the rounds this morning: Tesla delivered 139,300 vehicles during the September quarter vs. 137,000 expected. For the quarter, the company produced 145,036 vehicles. Honda's total U.S. sales...
Is this horse getting tired after a 750% gallop in 2020?
If you bought NIO in July or earlier you have hit a home run.
We are now five days off the low hit last Thursday morning.
NIO is trading just below 'new closing high' levels. A similar level was the catalyst for a breakout move in late August.
You need to be selective and manage positions carefully.
Momentum and trend are key with this type of stock, so it is essential we see that continue.
This is a great market for trading, so trade it.
Look beyond the large-cap technology stocks to find good trades right now.
What's most interesting about this market is how market players continue to hunt for entries despite all the warnings and negativity.
This market keeps finding good news on which to run and the bearish narrative never seems to matter much.
Speculative chasing has slowed and there's only a small handful of big movers.
With us well past the market open and seeing some share trades below in the comments, I though it fair to share some of the wins we've had lately in both the Stocks Under $10 and Trifecta Portfolios. Here we go. Over at Stocks Under $10 we recently...
Their upside may mean more limits to the upside of other players in the market.
In less than an hour we will end the week, which also shuts the book on July - are we really one-third of the way through the current quarter already? Despite the mixed performance this week that saw the Dow trade off modestly, the S&P 500 inch hig...
It's probably time to start paying more attention to Nikola. And watch Tortoise Acquisition and Spartan Energy.
How I made a bad trade and missed two good ones as a result.
PRCP is the swing component of the Fisker plus Volkswagen deal.
Earlier today over at Stocks Under $10 we took advantage of the rocket ship like move in both Farfetch and NIO to ring the register today. Still have ample exposure to both, just being prudent. We did the same thing a few days ago at Trifecta with A...
Following up on my Tesla comment from earlier, here's another reason to be concerned with traditional auto companies like Ford , General Motors , Fiat Chrysler , Volkswagen , and the others: We saw something similar in China where passenger car sale...
In an opening video at the World Artificial Intelligence Conference in Shanghai, CEO Elon Musk said Tesla is "very close" to achieving level 5 autonomous driving technology. Level 5 is typically referred to as "full automation", where all roads and ...
Don't mistake a fear of missing out for a fundamental change in the industry.
I will tell you this. Nobody I talk to is talking much about Q2 earnings. In fact, Q3 is not even the topic of conversation.
Research and consulting firm McKinsey & Company is out with some interesting findings following a survey of consumers in China, India and Indonesia about their post Covid-19 spending plans. Here's the scoop: 50% of Chinese respondents and 61% of In...