Prev Close | 6.84 |
Open | 6.96 |
Day Low/High | 6.64 / 7.13 |
52 Wk Low/High | 6.25 / 46.28 |
Volume | 11.45M |
Prev Close | 6.84 |
Open | 6.96 |
Day Low/High | 6.64 / 7.13 |
52 Wk Low/High | 6.25 / 46.28 |
Volume | 11.45M |
Exchange | NASDAQ |
Shares Outstanding | 127.03B |
Market Cap | 905.75M |
P/E Ratio | N/A |
Div & Yield | N.A. (N.A) |
There is an accumulating abundance of scams and a thriving ecosystem of over-inflated ads and claims that are occurring with greater frequency in email accounts and in social media these days. Here are some more signposts of speculation seen in my e...
Take a look at financials, industrials, transports and energy names.
Trading highly volatile stocks is speculation just like buying a stock that barely moves is speculation.
Markets were higher "from flagpole to that's all" today. The Russell Index, which has been lagging, led the markets to the upside. Bond yields were considerably higher (by about four basis points) - and a possible yield breakout and price breakdown...
Stocks surge fueled by seasonality, tax bill hopes and bitcoin frenzy.
Markets celebrate as tax bill passage looks more likely.
Once again, the Russell 2000 isn't crowing and providing a cautionary amber light for the market. But once again, Mr. Market doesn't break, he just bends. My other observations for Thursday: The bond market isn't supportive of the consensus view tha...
Boeing put wings under the Dow, but rotation is continuing to take a toll.
"Everytime I try to love you 1, 2, 3 red light stops me Baby every night you stop me 1, 2, 3 red light Stop the game (stop the game) You got too much to lose (too much to lose) If you stop me again That's when we might end..." -- 1910 Fruit Gum Com...
Some mid-afternoon observations: * 3M reverses lower on "good news." * The Russell Index is flirting negative for the second day in a row. * Out of tech and into financials (violently today). * Nasdaq lower on the day. * FANG, which was down margina...
The mania in bitcoin goes beyond bitcoin and is not restricted to cryptocurrencies. I would observe that, recently, when bitcoin pauses (now)/drops, the bitcoin collateral plays such as Riot Blockchain , Xunlei XNET and others have a tendency to rip...
But here are some movers I am looking at today.
Endless bitcoin media coverage helped to disguise the fact that it wasn't that strong of a day for most stocks.
The one name I feel has the best fundamental argument is Overstock.
Seldom do we have an opportunity to watch a bubble in real time.
In the past, these sorts of bounces led to very strong follow-through.
These are the principles I have adopted over the last four decades and I'm sticking with them rather than run with the momentum crowd.
"And I said to myself, 'This is the business we have chosen.'" --Hyman Roth, "The Godfather" To me, stock price deception is seen with more frequency today than in any time in modern investment history. Our markets, influenced by massive central ba...
There are reasons for the frenzy in bitcoin, but where it and other cryptocurrencies go from here will depend on psychology factors and outside influences.
Speaking of possible bonfires, as I do below, the epicenter may be bitcoin. As bitcoin rises to almost $10,000 this morning, it might be a good idea to briefly reflect on the conditions that led to its swift acceptance and the quick price appreciat...
These moves can extend much higher than many believe, and the daily volatility is just getting started.
Monday's action saw little change in major stock indexes.
Biotechnology and cryptocurrency are among the struggling sectors.
These moves can extend much higher than many believe, and the daily volatility is just getting started.
"When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you've got to get up and dance. We're still dancing," -- Chuck Prince, former Citigroup CEO (July, 2007) (As is typically the case at adv...
I'm looking for some new entries in less-speculative names, but many stocks need a rest at this point.
There is no question in my mind that the cryptocurrency frenzy will end badly, but trying to guess when and how is impossible.
Not only did the indices perform well, but also there were some outstanding pockets of speculative action.
We had some great speculative buying earlier this week, and indications this morning are that traders still are chasing cryptocurrency and blockchain plays.
In early premarket trading the measures of speculation that I watch -- bitcoin, stock futures, Riot Blockchain , Roku , Amazon , etc. -- are all moving higher.