|Day Low/High||21.14 / 26.03|
|52 Wk Low/High||10.34 / 93.99|
They are Rivian and Lucid, with Chanje close behind.
Is there a 'white knight' out there to replace GM?
What happens when the dream portion of the market collides with the real stock market?
You read success stories of people who risked it all on one investment. You don't hear of the many more who lost everything.
Maybe, but if so, they would have a long way to go before they are close to the frenzy we saw with the dotcom bubble of 2000.
Fast advances can attract 'hot money' and this can give early buyers a chance to sell into strength without getting noticed.
I keep waiting for the rivals to surface.
In my view, one needs to be careful chasing here.
Our latest analysis and trading strategy on NKLA shares.
CEO Mark Russell has not confirmed that GM might be taking a large equity stake in the firm.
Here's my strategy now.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
Shares of CIIG Merger Corp. are driving higher after it said it would buy electric vehicle company Arrival, so let's look under the hood.
The shares have rallied in recent days and have almost doubled from November lows.
* Weighting the short position appropriately given the cult-like popularity of the company and the volatility of the shares * The sharp share price rise in Tesla ahead of the S&P inclusion is the short catalyst I have been waiting for Tesla's share...
People who don't consider the possibility that Donald Trump somehow could prevail over Joe Biden are open to being blindsided.
Traders have to take the extra step to understand the underlying company and sector before jumping into a position.
The positive news is that small-caps continue to do well and there's some good trading in smaller names.
The current hype surrounding U.S. and Chinese electric car upstarts brings to mind past manias involving promising technologies that were seeing growing adoption.
Hyliion Holdings seems to have found support in the lower $20s and is now turning up.
Faced with a pandemic and charged with running a behemoth of an industrial corporation, CEO Mary Barra did her job well.
The simple fact is you'll rarely call tops or bottoms but recognizing trends and changes in trends is a key to survival.
TSLA has had the premium EV market virtually to itself for 3.5 years and should be printing profits, but it's not.
Let's check out the charts of HYLN.
To see the immediate selling in the stock on the off chance Hindenburg's report could possibly be on SPAQ is downright scary.
I'm lookin' for love in all the right places with these lagging stocks.
* Some laggards that I have been buying "Well, I've spent a lifetime lookin' for you; singles bars and good time lovers were never true. Playin' a fools game hopin' to win; and tellin' those sweet lies and losin' again. I was lookin' for love in all...
With the stock rallying, shorts were forced to cover, which pushes NKLA higher, causing more coverage.
Jim Farley must walk a fine line of adapting to new realities, maintaining Ford's fortress balance sheet, and keeping the family happy. Here's my take on the name.