|Day Low/High||16.25 / 17.15|
|52 Wk Low/High||9.37 / 76.30|
The best thing we can do is manage our risk and keep our portfolio from a position of blowing up when this does end.
This type of action has the ability to damage your portfolio in the blink of an eye.
Arrival, Fisker, and Romeo Power could each see a squeeze higher.
Amazingly, one group isn't just left behind, it just keeps losing money, while the other group is shrugging off this day with aplomb.
A deeper understanding of management and a realistic view on whether a company can deliver on its projections or not is now the focus.
For many electric vehicle names, backing out of a pre-order comes with little penalty. Here's what that means for investors.
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.