Prev Close | 94.20 |
Open | 95.35 |
Day Low/High | 87.87 / 95.35 |
52 Wk Low/High | 75.12 / 490.76 |
Volume | 3.44M |
Prev Close | 94.20 |
Open | 95.35 |
Day Low/High | 87.87 / 95.35 |
52 Wk Low/High | 75.12 / 490.76 |
Volume | 3.44M |
Exchange | NASDAQ |
Shares Outstanding | 136.73B |
Market Cap | 13.25B |
P/E Ratio | N/A |
Div & Yield | N.A. (N.A) |
For over a year I have been vehemently warning about the risks associated with speculative stocks and gewgaws.
* When both equities and bonds are correlated in price (and move lower in tandem) markets are exposed and, as we have seen recently, vulnerable to wholesale liquidation across all asset classes * A vicious cycle of lower prices, redemptions and liqu...
* The market (and money) never sleeps -- and neither do I, it appears! * It was one of the quietest overnight futures sessions in a long while, following one of the worst regular trading action days on Thursday "Workin' on our night moves Trying to ...
Putting on a trading rental in at $49.22 (again!). I'm also covering some $31.22 and $104.39.
For people willing to brave the waters, there are now quality names with distinguishing characteristics that look attractive.
Upside - +120% (to be acquired by GI Partners for $6.30/shr in cash) - +53% (US FDA removes clinical hold on CP101 IND) - +42% (Shareholder All Blue Falcons confirms $10.50/shr offer) - +17% (earnings, guidance) - +16% (earnings, guidance) - +14% (e...
Let's check the charts.
Are Wood's stock choices that bad or is she mainly a victim of being in the wrong asset class at the wrong time?
It's hard to gauge how this market is going to react to quarterly results, so stay alert and don't ignore your stops
Wednesday's session was dominated by traders, algorithmic traders for sure, but traders nonetheless. The PMs mostly sat on their hands.
All we can find in this market is a slow drip lower -- no capitulation, no whoosh. Let's gain insight into this market by looking at the charts of Roku and Apple -- and hunt for bases.
Hedge fund manager Doug Kass looks behind the 'Wizard of Wood's' curtain and sees a combination of hubris and very poor stock selection.
"Wait a minute, fellas. I was just thinking. I really don't want to see the Wizard this much. I'd better wait for you outside." - Dorothy, The Wizard of Oz "Pay no attention to that man behind the curtain." - The Wizard, The Wizard of Oz * Joe Gra...
The most important issue right now is that bonds find some support.
TINA (there is no alternative) is dateless, but her popular cousin CITA (cash is the alternative) is enjoying the prom.
* TINA ("there is no alternative") is dateless - but her popular cousin CITA ("cash is the alternative") is enjoying the prom * However, investing is about looking forward and not backwards. * Some factors are beginning to suggest that a tradable ra...
* Randy Newman sang it best... Short people got no reason Short people got no reason Short people got no reason To live They got little hands And little eyes And they walk around Tellin' great big lies They got little noses And tiny little teeth Th...
We got a rally as we should have, but it was heavily concentrated in the index movers, which means breadth was terrible. Let's look under the hood to find out why this is still a trading market.
* downgraded to neutral from buy at Mother Merrill/Sister Bank of America. * price target raised from $140 to $160 by Wedbush. * price target lowered from $250 to $225 at Citigroup.
It is also interesting to note that on Thursday my portfolio of shorts (Sleep Number , Digital World Acquisition , Starbucks , C3Ai , Lightspeed , Carvana , Robinhood , Roblox , F45 Training , Carnival , Royal Caribbean , Ginkgo Bioworks , Roku and ...
* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. This column is a continued commitment towards that sort of disclosure. "Wh...
Plus, JPMorgan Chase and Goldman Sachs follow the herd and take steps back from their business in Russia.
Here are some of my (partial) short covers this morning: * $3.42 * $21.30 * $103.60 * $6.04 * $86.76 * $64.45 * $42.25 * $116.01
In the interest in transparency, here is a list of positions I have mentioned in my Diary that I am either long or short. Note: This is not a full list of my portfolio's holdings: Longs: , , , , , , , , , , , , , , , . Shorts: calls, calls and puts...
Here are my previously mentioned shorts: calls and puts, calls, calls, calls, calls, calls, calls, calls, calls, , , , , , , , , , , , , , , and .
Yesterday I highlighted the "profitless prosperity" I see in the streaming video business - and why I would avoid being long the space. I am, however, short . The shares are materially below my cost basis, so I would wait for a rally before you co...
* Three of the most dangerous words in an investors' lexicon are... "total addressable market" * A dead cat bounce is possible but challenges towards the road of profitability for streaming and on line gambling suggest the stocks are unattractive fr...
* Beware of the hocus pocus 'cause when they get into trouble as the tide goes out -- they go into their dance "They are shorting innovation and are simply not doing any research." - Cathie Woods Ten days ago I wrote the following column which bea...