|Day Low/High||16.91 / 18.01|
|52 Wk Low/High||14.35 / 48.36|
I'm taking some shares of this recent IPO today.
Revolve Group and The RealReal have had a few rough weeks, but let's see what their charts may say about the road ahead.
Keep note of China exposure and mitigation strategies before speculating on retail names.
Not even dip-buying could save Monday as concerns lingered over a looming Fed rate decision following good jobs news and over reports in Chinese press of a lack of trade progress.
My game plan is to keep stops tight and protect gains and not be in any rush to make new buys.
Gold continues to run higher as the dollar continues to collapse.
Gold continues to ramp higher and bitcoin is starting to act like it did back in December 2017.
Despite steady selling Thursday the markets are not on the verge of disaster -- and thanks to several IPOs, opportunities are here.
Stocks that rip higher in parabolic fashion are incredible until they are terrible.
RVLV has had a really nice run since its IPO and should continue to dig into Nordstrom's market share.
Worries of slowing economic growth, trade wars and political problems not seen in today's trading.
Small-caps are leading and that is further confirmation that the stock pickers are increasingly interested in the market.
I added shares this morning and will be looking for more entry points as it develops.
At 90x earnings, this stock is far too pricey right now.
The market will tell us when it is time to make more aggressive moves.
This is a market where forcing trades is not going to produce very good returns.