|Day Low/High||46.65 / 49.19|
|52 Wk Low/High||17.70 / 49.68|
In the past two weeks PLNT has weakened and closed back below the declining 50-day moving average line.
PTON is part of Jim Cramer's Covid-19 index.
There are simply an immense number of health and technology and safety companies coupled with businesses that thrive when you have to stay home.
See this video on fractional share buying. It's not just Robinhood either, other day trading platforms offer this now. All of this is clearly a big part of why we are is a bifurcated market, in addition to being, arguably, a nonsensical market. T...
Here's a trade in the fast food name that's serving up amid the Covid-19 crisis.
As Treasury heads for longer-dated issuance and names like PTON run higher on earnings, selloffs late in the trading day continue.
Disney's trajectory could provide a blueprint for the reopening of travel and leisure -- and how investors react.
Intraday trends -- relentless trends -- are becoming the name of the game, so let's focus on the rotation from Nasdaq names into the Russell 2000 and financials.
They involve Costco Wholesale, Slack Technologies and Peloton Interactive.
I never understood why my state of Florida, with vastly fewer deaths, is on the same sort of lockdown as New York.
And when it comes to gyms and fitness, I would much rather be long Planet Fitness than Peloton. Not even close.
I see no reason to build any longer-term positions but there are trades to be had.
Companies who have the ability to make changes for the future will find themselves ahead of the game and in a great position to thrive.
With people shut out of gyms and many now working out at home due to the coronavirus, the trade is to short Planet Fitness and go long Peloton.
With large parts of the economy shut down I wonder how sales can hold up.
This risk-reversal strategy could work for those looking to add to longs.
Things will be different after Covid-19 and one change will be in how people care about themselves.
Assuming deliveries can still be made, then CHWY should see its pet business hold tight or even increase.
Would love to know if Warren Buffett is adding here, or keeping his powder dry. Would simply love to know.
Here are a number of things that I'm watching now.
As the coronavirus causes worry about germs in the weight room, more people may exercise the option of working out at home with Peloton.
What we have witnessed in recent days would be Wall Street and corporate America in aggregate finding great difficulty in quantifying what is clearly at this point, unknowable.
This move by Beijing comes on top of massive injections of liquidity into that nation's financial system earlier this week.
The timing of this morning's rally? Almost simultaneously news broke from both China and the UK of possible drugs to fight coronavirus.
Celebrate Thanksgiving with these specially selected picks for your portfolio.