Prev Close | 391.33 |
Day Low/High | 340.01 / 403.99 |
52 Wk Low/High | 308.06 / 1,762.92 |
Prev Close | 391.33 |
Day Low/High | 340.01 / 403.99 |
52 Wk Low/High | 308.06 / 1,762.92 |
Exchange | NYSE |
Shares Outstanding | 126.14B |
Market Cap | 49.36B |
P/E Ratio | 743.29 |
Div & Yield | N.A. (N.A) |
I bought back the I sold yesterday at $408 for $351 now: May 19, 2022 ' 03:01 PM EDT DOUG KASS Selling One Quarter of My Shopify Initially purchased eight days ago at about $320, (SHOP) is now trading at $408 (+26%). I am taking off 25% of my long....
* The market (and money) never sleeps -- and neither do I, it appears! * Futures began a steady rise at 6 p.m. Thursday and- most of the gains have held * The S&P oscillator remains oversold at -5.19%. * Liquidity is sparse and speculation has been ...
Initially purchased eight days ago at about $320, is now trading at $408 (+26%). I am taking off 25% of my long. From about a week ago: May 11, 2022 ' 11:25 AM EDT DOUG KASS 2 Initiations I have initiated small starter positions in (SHOP) ($320.5...
Shopify getting jiggy and threatening the high of last week.
That's how a short-term, long-focused trader operates in a bear market.
My plan of expanding my gross long exposure by adding several high octane/high beta names is beginning to pay off with big gains in , and .
Don't expect AFRM to rally for long or go very far.
Two more buys (on a pullback): * Shopify $341 * Spotify $94.80
This morning's trades (premarket and regular): * Added to $99.82 * Added to $61.99 * Added to $256.78 Plus these buys: * $90.11 * $311.86
* The market (and money) never sleeps -- and neither do I, it appears! * Futures turned slightly lower in the evening -- extending the steady losses of the last week. * The S&P oscillator grows more oversold. "Workin' on our night moves Trying to ...
Shopify's CEO just tweeted that he is buying $10 million of stock personally.
I have initiated small starter positions in ($320.58) and ($96.78). Investors in them are traumatized and are obviously down huge. No one wants to touch technology. I want to add some beta into my portfolio as is my only high octane holding. Lik...
Plus, we take a revealing look at the movements in the yield curve and pop in on the dismal charts of Shopify and Peloton Interactive.
Has the FOMC heeded Market Recon's advice? Probably not.
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.
The decline accelerated in January and has not hit bottom.
The charts and indicators of SHOP continue to struggle.
This one is difficult. I love the fundamentals that support the business. I hate the valuation.
Upside - +135% (Hoth Therapeutics mRNA Frame-Shifting Therapeutic, HT-KIT, proves effective against aggressive cancer cells) - +30% (confirms to be acquired by Thoma Bravo for $65.25/shr in cash valued at $6.9B) - +29% (Novel COVID-19 drug candidate...
We need to watch the price action very closely.
A rebound rally back to around $900 would be nice.
Almost forgotten as the investing public priced in a reduced probability for war in eastern Europe, was the January data for producer prices.
Small-caps and stocks that are part of the ARK Innovation ETF fared better than the big growth names on Friday and are worth watching this week.
* The Dunning- Kruger Effect is vividly seen these days in the business media and elsewhere * Avoid the self confident and smug talking heads Business commentators, strategists, analysts, money managers and "talking heads" have short memories - but...
Could SHOP make a bounce to the upside?
The metaverse is a forest while Meta Platforms is but a tree -- but a tree on which money still grows. For now.
"Yesterday all my troubles seemed so far away. Now it looks as though they're here to stay. Oh, I believe in yesterday." - The Beatles, Yesterday I will have a lot more about the markets in my opener, "It's Scenario #2." But before I do I want...
Here's my take on several 'innovation' funds -- and which one might be the best bet.
A large red candle below the 40-week moving average line is a dramatic-looking-can't-ignore-it sell signal.
Bargain hunters and buy-the-dip players may find PYPL temporarily attractive.