|Day Low/High||111.55 / 114.75|
|52 Wk Low/High||17.70 / 171.09|
Caution should be exercised when dealing with Peloton Interactive, the S&P 500 and gold.
Indications are that it already is, with SolarEdge Technologies appearing to be the best bet of the solar bunch.
Here comes an out-of-nowhere case for WW International , Peloton Interactive , Planet Fitness and other companies tackling the exercise and weight loss market, which if I'm any indication (and yes, I in part blame Ben & Jerry's Milk and Cookies ice ...
Here we'll look at the charts of Peloton, the homebuilders, and Hovnanian.
Like other momentum stocks, the provider of software to manage digital ad campaigns traded way over its skis and suddenly finds itself tumbling.
Here's a followup from my May 2020 stock picks and how they played out during the pandemic year.
My favorite short gewgaws continue to get crushed: , , , and . The magnitude of the declines from their respective early 2021 highs -- at a point near where many price momentum based strategists/technicians were aggressively and confidently buying/...
The market came within whiskers of a technical breakdown on Thursday, yet few people seem to know or care.
The next move for profit-seeking investors is what I call the 'death short.'
The good news is that this sort of action always eventually leads to great stock picking.
The exercise equipment maker's chart indicates that the descent in its shares could go on for some time.
The fund is at a key spot technically, and there is real fear that if this spot cracks, what looks like a stretch of rough rapids could become a waterfall.
From my perch there is little to "like" about the market over the last few days. (Remember... tops are processes, bottoms are events.) A number of individual stocks look dreadful -- even "beast mode" Amazon is down about 12% from the recent after-ho...
Peloton is down on news of a general recall of its treadmill products. PTON was placed on my Best Ideas List in December, 2020 at $114/share. Shares are currently -$7 and trading at $90/share.
The actual hit to reputational damage is much more difficult to quantify.
I remain negative on stocks. The "market without memory from day to day" has continued. Market breadth was noticeably weak. I have been of the view that banks, Twitter (-$3), Amazon (-$53), Walmart (-$1.53) and others should be reduced -- and ...
Amazingly, one group isn't just left behind, it just keeps losing money, while the other group is shrugging off this day with aplomb.
The marketplace responded well to the first week of earnings season, or should we say what we saw beyond the banks that dominated.
Peloton was placed on my Best Ideas List (short) in December, 2020 at $114: PELOTON INTERACTIVE SHARES DOWN 4.8% PREMARKET AFTER REGULATOR WARNS CONSUMERS ON DANGERS OF CO'S TREADMILL AFTER REPORTS OF MULTIPLE INCIDENTS OF INJURY$PTON — *Walter Bloo...
You never want to be caught in a counter trend rally.
I would argue that the pandemic has lasted just long enough to wipe out the little guy and let the bigger guys have the run of the joint.
*Last week we looked at laggards to buy, today I look at shorts Last week I looked at laggards I would buy - some, like Amazon , Twitter and Walmart prospered: Apr 01, 2021 ' 08:30 AM EDT DOUG KASS Looking at Laggards * On the long side While I f...
It may seem ridiculous, but you can distill the market down to these two names because they stand for palpable themes.
The technical pattern of the Chinese search engine giant indicates shorting its stock is the way to go.
There's an undercurrent that will grow over time, basically what tailwinds from the pandemic will stay with us after the pandemic's over.
The answer is yes for one of the two stocks that sold off sharply due to forced liquidations by a big shareholder.