|Day Low/High||11.55 / 18.73|
|52 Wk Low/High||1.62 / 59.69|
There is risk in trading heavily shorted small-cap stocks such as Big 5 Sporting Goods, but its chart indicates there could be more upside to come.
I featured meme stock on several occasions in my Diary recently in order to highlight the market foolishness. Trading at $60/share, SPRT is -$7 today to $24.35.
If Bitcoin and Ethereum stay hot, it should bode well for crypto miner SOS.
The market's roll continued yesterday. In the early going (6 a.m.) stock futures have continued their climb. I will have a lengthy column describing my market concerns tomorrow -- but, for now, Ms Market cares not about growing evidence of a slowing...
Speculative trading has perked up again, and traders are looking hard for big movers.
The indices have not reflected the reality of this market for a long time, but it is looking much better for traders and stock pickers.
The best traders tend to be psychologists rather than mathematicians, but a combination of the two is the ultimate goal.
Earlier I published a chart on the new meme stock Support.com . It is now -50% from its intraday high!
The move on Thursday wasn't as much a surprise as it would seem, but now we must look to what could happen next.
Let's look at Support.com, NFT craziness, Dell and others reporting Thursday, as well as the Invesco QQQ.
Let this play out, and then revisit it if it's a sector that interests you because there could be something there worth considering.
Joshua Pickus, CEO of Support.com, says the decline in the PC market is not hurting the rapidly growing online care company.
As this uncertain Election Day progresses, expect the market to react accordingly.