|Day Low/High||37.60 / 41.84|
|52 Wk Low/High||2.53 / 73.90|
Here's a look at the broader market via the S&P 500 and a trio of stocks that recently have pushed significantly downward.
These Nasdaq names are displaying both quantitative and technical deterioration.
Additional add on longs today - and Additional add on shorts today - , , , and . New short and add on today-
* The sky is falling for the shares of many of the gewgaws of yesterday or of the week before! * I remain short the stuff that "they" have been buying * History rhymes... Some on our site and elsewhere have recoiled privately and publicly at my vie...
You can't lip service electric vehicles anymore. Exxon's board moves indicate it knows its gasoline days are numbered.
Let's check out the PLUG charts as traders react to the latest EPS numbers.
The market's catalyst had everything to do with the virus... optimism that humankind might stuff that scourge back into Pandora's box.
High valuations, margin debt and the ARK effect could lead to more pain for some names. But the selloff could also create buying opportunities in other tech companies.
One possible outcome: The party ends relatively soon for some of the more speculative names, while other high-multiple stocks remain strong until inflation and the Fed become issues.
As is customary, Mr. Market rallied from the morning schmeissing (at least halving the earlier declines): * Breadth was negative 2-1. * In percentage terms, the Russell Index declined 3x the Nasdaq and S&P. * Banks were mixed -- but Wells Fargo cont...
, , , , , , , , , , Homebuilders, and . No long sales or long buys. __________ Short SPY (large), QQQ (large), CVNA, PTON, TSLA (large), ARKK (large), FB, DIS, PLUG (small), TLT (large), AAPL, Homebuilder Package (large).
* 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...
I am talking about two defined paths. Let's call them Tesla and Plug Power.
Bidding for the following longs this morning: Walmart , Verizon , and . Offering the following shorts this morning: Disney , Tesla , Carvana , Peloton , Plug Power , , and . __________ Long WMT (large), SLV (large), GLD (large), VZ (large). Short T...
I am bidding for the following stocks on the long side now: and . I am offering the following stocks on the short side now: , , , , , homebuilders, and . __________ Long WMT, VZ (large), Short CNVA, PTON, ARKK (large), PLUG, Homebuilders (large), T...
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
"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 ...
CEOs of stocks that are heavily shorted should be ready to sell billions of dollars of stock right now.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
The vaccine rollout has been bungled and the nation's in crisis, but you can either dwell on the negativity or look to ingenuity and opportunity. Here's where I see the latter.
PLUG is dedicated to making green hydrogen a legitimate fuel for vehicles that doesn't even leave a trace.