Skillz Inc. Class A (SKLZ)

0.21 1.73
Prev Close 12.14
Open 12.26
Day Low/High 11.90 / 12.80
52 Wk Low/High 9.81 / 29.94
Volume 23.90M
Exchange NYSE
Shares Outstanding 400.89B
Market Cap 5.46B
Div & Yield N.A. (N.A)

If you are looking for logical trading, you will likely be disappointed.

Watch and some of its constituent positions -  , , , , etc.  Not good.  My short thesis on the name seems ever more compelling - with the nail on the ARK Invest perhaps an exodus of investors as outflows begin to rise/mount.      

ARK Invest shares continue to slide (-$3.50 yesterday).  ARKK continues to double up on and :  FUND Date Direction Ticker CUSIP Name Shares % of ETF   ARKF 2021-05-04 Buy STNE G85158106 STONECO LTD 86474 0.1361   ARKF 2021-05-04 Sell ICE 45866F104 I...

Closing the gap between the disparate groups is likely to be a very messy process.

If we're looking for a catalyst to light a fire under the market, earnings just may be it.

Here's where I would consider getting long.

No one likes seeing a name they hold decline in value.

SKLZ shows explosion moves to the upside when it emerges from the oversold area.

The selloff in speculative tech names likely has further to go. But other tech names could still do well as markets rotate.

There are two ways to approach this on the put side for me.

Lately, these reports leave a lot to be desired. They appear to be praying on the emotions of traders.

I've added a few names that I see as a great risk-reward because of the limited downside.

This game being widely played right now is part of the reason it is so easy for new SPACs to keep raising money.

SKLZ made its gaming debut this week, and here's how to play it.