|Day Low/High||6.70 / 7.38|
|52 Wk Low/High||9.50 / 31.80|
Amazingly, one group isn't just left behind, it just keeps losing money, while the other group is shrugging off this day with aplomb.
A deeper understanding of management and a realistic view on whether a company can deliver on its projections or not is now the focus.
Every rally with the help of hindsight was an opportunity for someone to sell.
For many electric vehicle names, backing out of a pre-order comes with little penalty. Here's what that means for investors.
Right now the newfound prevailing wisdom is clobbering the old kind and those who cling to the latter are destined to be run over.
Unlike many startup EV companies, GOEV anticipates revenue as high as $150 million in 2021.
All these names, I believe, have potential positive catalysts, but they all can drift lower in a poor market.
The interest in stock picking keeps the mood very positive, and I don't see that shifting too quickly.
Overall the action is relatively mild, which is quite healthy after the chaotic 'flash crash' that occurred yesterday.
Small, aggressive traders are doing so well with the chasing that they are likely to continue for a while.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
Although the action in the indices today isn't very impressive, the stock picking under the surface is extremely robust.
Bears are often very quick to believe a weak day or two is the start of a significant top. It is usually just wishful thinking.
The important thing is to not be complacent.
I think the enthusiasm of the indefatigable wave of these buyers is equal to or superior to the disdain the S&P mimicking pros have.
What happens when the dream portion of the market collides with the real stock market?
For the longest time the 'market' traded pretty much in unison. No more. That doesn't happen.
The current hype surrounding U.S. and Chinese electric car upstarts brings to mind past manias involving promising technologies that were seeing growing adoption.