Peloton Interactive, Inc. Class A (PTON)

144.96
NASDAQ
Prev Close 147.79
Day Low/High 139.02 / 150.64
52 Wk Low/High 17.70 / 171.09
Exchange NASDAQ
Shares Outstanding 292.53B
Market Cap 43.23B
P/E Ratio 136.54
Div & Yield N.A. (N.A)

Latest News

Mind the Deteriorating Market Breadth

* I have grown more Bearish coincident with the weakening market breadth and speculation * I added to my individual shorts ( and ) yesterday   Rule #7: Markets are strongest when they are broad and weakest when they narrow to a handful of blue-chip ...

Minding Mr. Market and the Continuing Speculative Mania

"Just one more thing." - Lt. Columbo   Fascinating day today. Again! Overall breadth's weak -- for the second day in a row (the same 13-18 advancers to decliners). Speculative, heavily shorted gewgaws zoomed higher -- perhaps taking the oxygen from ...

Short Adds

I am adding to the following shorts: , , and .

Rolling Over

and , two recent short adds, are beginning to roll over.

More Shorts

I have added to my and shorts.

The View From This Old Bank Analyst

* The market "buys" first and will ask questions when it is too late  To try to figure out the current insanity, I read the Affirm prospectus, downloaded the app and opened an account.  It's a credit card company morphing into a bank.  They say they...

On the Short Side

I am offering more and on the short side now.      

Dealing With, Interpreting, and Understanding the Market Consequences of a Dark Day in History

* As I predicted 13 months ago, the streets have grown violent in the aftermath of the election * But, markets have no conscience and are increasingly dispassionate * Structural changes - specifically the proliferation of "passive investing" - have ...

Short Offerings

I have short offerings in on ,  , and , slightly above the market.

Coca-Cola Could Turn Lower as the Bullish Fizz Is Escaping

Coca-Cola Could Turn Lower as the Bullish Fizz Is Escaping

Price momentum often weakens before a turn lower.

Planet Fitness Charts Suggest Its Shares Could Use Some Firming Up

Planet Fitness Charts Suggest Its Shares Could Use Some Firming Up

The technical signals indicate that the stock of the fitness chain could head lower in the weeks ahead.

The Election Bottom Line: Active Stock Picking Will Now Likely (and Perhaps, Materially), Outperform Passive Investing

* I now expect an acceleration in the pivot from growth to value * As reflected by recent voting results, Americans are more in the middle of the road than at the extremes  In a market warning in Monday's opening missive I wrote:  "The Georgia Senat...

Jim Cramer: Let's See What's Really Sustainable

Jim Cramer: Let's See What's Really Sustainable

As we move through Georgia and see an end in sight to Covid, we need a gut check on what stocks are really going to go the distance.

Several Morning Moves

Added to and shorts. Added to Peloton  short. Added to homebuilders shorts.      

A New Year, Bitcoin Surges, Tesla Delivers, Election Ramifications, Dovish FOMC

A New Year, Bitcoin Surges, Tesla Delivers, Election Ramifications, Dovish FOMC

I see both Tuesday and Wednesday on into the end of the week as potentially very volatile for financial markets.

My 10 'No Doubt' Predictions for 2021

My 10 'No Doubt' Predictions for 2021

From Amazon to Zoom, here are my prognostications and best ideas for the new year.

Peloton

Shorted more Peloton today.    

Minding Mr. Market

Market breadth currently a bit less than 2-1 positive.  Speculative activity continues apace - actually running amok! - though, as I observed, some previous large cap tech leaders ( , and ) are cooling off.  Homebuilders conspicuously weak - red in ...

Trade of the Week (Short Tesla $668)

* Speculators are moving away from the large cap high beta names like TSLA, CVNA and ZM now * TSLA could get hit on early January tax selling * And then there is my short investment thesis!  I am observing a deflating in a basket of larger cap specu...

I Like Peloton to Keep Rolling in 2021, and Planet Fitness Might Be a Buy, Too

I Like Peloton to Keep Rolling in 2021, and Planet Fitness Might Be a Buy, Too

The former name is technically overbought but offers reasons to expect it to grow, while the latter should benefit from the Covid-19 vaccines.

New Buy (and Short) Levels

* 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...

Stimulus Effect on Markets, Airlines That Outperform, Peloton's Brilliant Move

Stimulus Effect on Markets, Airlines That Outperform, Peloton's Brilliant Move

There's also a report that the new vaccines appeared to maintain efficacy against new strain(s) of the virus.

Danger in Still Waters, Assessing the Fed, Forward-Looking Risk, Trading Peloton

Danger in Still Waters, Assessing the Fed, Forward-Looking Risk, Trading Peloton

Life is unpredictable. Black Swans are unpredictable events that disrupt not just financial markets. Twelve months ago, I went to my neighbor's New Year's Eve party.

Still Cautious on Stay-at-Home Stock Peloton's Rally

Still Cautious on Stay-at-Home Stock Peloton's Rally

The background story of PTON seems positive, but the charts are not shouting 'jump back in.'

My Takeaways: If This Is Seasonal Strength, Then ...

Stocks sold off hard from the early morning highs -- with S&P 500 futures about negative 45 handles below the best levels.   Volatility weakened and then rose, coinciding with the breadth reversal (something I was laser focused on this morning).   I...

Where I Stand After Recent Trades

I was out of the office on Friday but I was active nonetheless: * I sold out my iPath Series B S&P 500 VIX Short-Term Futures ETN long rental for a small profit. (Remember, VXX as well as leveraged ETFs are vehicles intended as a short-term rental a...

3 Possibilities for When the Bubble Bursts for High-Multiple Tech Stocks

3 Possibilities for When the Bubble Bursts for High-Multiple Tech Stocks

If it doesn't end soon, the frenzy for select tech names could last until vaccines drive changes in consumer spending, or until inflation begins picking up.

Dividend Investing Is Hot, and Here's Why

Dividend Investing Is Hot, and Here's Why

A combination of factors make dividend investing a smart strategy, so I'll unpack some ideas as we see a sharp rebound in dividend-paying stocks.