|Day Low/High||16.60 / 17.50|
|52 Wk Low/High||16.48 / 43.00|
The technical signals of the mortgage originator are not attractive.
* The sky is falling for the shares of many of the gewgaws of yesterday or of the week before! * I remain short the stuff that "they" have been buying * History rhymes... Some on our site and elsewhere have recoiled privately and publicly at my vie...
* And a few more observations about speculative activity, "talking heads" and celebrity (investors) * Another new (speculative investing) paradigm? Hardly * As night follows day, the current speculative phase will end, and with it, countless traders...
Among other things, the president works to align Democratic senators to support his massive Covid relief bill.
RBC and Zelman downgrade Rocket Companies this morning. Here is what I wrote about RKT yesterday: Mar 02, 2021 ' 04:56 PM EST DOUG KASS Let's Bring Rocket Companies Back Down to Earth "Just one more thing." - Lt. Columbo I tried to get a short locat...
"Just one more thing." - Lt. Columbo I tried to get a short locate on Rocket Companies late in the day -- but there was no stock to borrow. The share price advance today (+70%) was beyond absurd. And the comments made by talking heads in the m...
Big-cap tech names slip into the red and pockets of momentum become harder to find.
Rocket Companies - check out the chart! End of message. Ihor Dusaniwsky @ihors3 $RKT short interest is $1.21 BN 49.70M shares shorted 45.83% of Float 31.42% S3 SI% Float 29.32% fee & rising to over +50% Shares shorted up +3.8M shares, worth $92M, ...
Here's a trade in RKT, as real estate trends change amid the pandemic.
What the Nasdaq experienced Monday is known not just as an 'Outside Day,' but an 'Outside Reversal,' and these can be dangerous.
I would avoid the long side of the stock until new support develops.
RKT has an upside target of around $24.50 to $25. Here's how to play it.
Times like this, I'll turn to old, underperforming favorites -- such as Rackspace Technology.
The bull market is getting long in the tooth and that’s the best time for a buy-write strategy.