|Day Low/High||253.11 / 261.86|
|52 Wk Low/High||82.07 / 254.39|
The market's funk continued into the fourth week of March 2020, but by week's end a stellar TV performance by the Fed's Jay Powell would turn the tide.
The acceptance by corporate America and the rest of corporate earth certainly makes knocking bitcoin off of its pedestal more difficult.
Here's how we'd play the stock now.
If you look at the economy as between service and tech you find the old-guard being overrun.
In which we discuss the seven heavenly ways to make money and the seven sins to watch for.
The worry is being left on the sidelines as the market continues to climb.
Right off the top, the bubble has burst for the 'short squeeze' names such as GameStop and AMC Entertainment.
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
There was a period before the time of commoditization where individual elan and corporate dominance meant something. And that's back.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
The consumer continues to de-leverage at an extraordinary pace -- and the ramifications of this are extraordinary.
Google search activity for Bitcoin still hasn't reached late-2017 levels, and retail and institutional support for Bitcoin as a store of value appears to have grown meaningfully since then.
As this story becomes more widely understood, it should attract additional interest.
As we enter the new year, there's little time to reflect on RMPIA's strong performance. Now, it's all eyes on the 12 months ahead of us.
The buyers may be young, but I think callow youth may have the edge over their cynical elders.
The RMPIA also tops other indexes for year, shooting ahead 29%.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
I will come back to these names over and over again as we are now in the sweet spot for many.
This year has probably created long-term changes in the adoption curves for things such as e-commerce and gaming.
Pick up some or buy deep-in-the-money calls, but know that if they go down, you pounce.
As the Dow hits an all-time high while a pandemic rages on, who are those willing to look through the valley to the good numbers?
This week's earnings reports and calls brought positive disclosures about online video and payments trends, and more mixed disclosures about online travel.