|Day Low/High||70.00 / 72.52|
|52 Wk Low/High||43.72 / 101.15|
Ark Invest has developed a series of specialized exchange-traded funds that own shares in companies involved in 'disruptive innovation.'
Not surprisingly, Square's share price has retreated by nearly $4 from this morning's high. I am a mid-$60s buyer.
Square traded higher by nearly +$2/share on a new Wall Street recommendation this morning. The shares are now lower and I expect the stock to continue to retreat given growing competitive threats.
In this day and age, companies must be 'disruptors' or get left in the dust.
Here's what SQ's latest charts and indicators are telling us.
I'm an advocate of owning shares, so this would be positioned around a long position.
The algos are pushing to the negative late in the day -- keep an eye out for signals of a trend change.
Examining the influential short-sellers' big winners and losers provides important insights into trading and investing.
SHOP is an $18 billion company that has become THE way that anyone who wants to sell anything can own themselves and do so.
Activision needs to post strong earnings before many investors eject.
Among other things, Apple is now looking to hire wireless engineering talent in Qualcomm's hometown of San Diego.
Q4 earnings should tell us a great deal about what to expect in 2019.
Let's take a look at the cornucopia of earnings reports that are coming our way after the close. Of the several dozen, which ones are likely to move the market? My guess is it will be some of these: Facebook Microsoft Mondelez International PayPal Q...
Raymond James has downgraded Square : We are downgrading shares of SQ to Underperform from Market Perform and establishing a fair value estimate of $56, implying 27% downside. In short, we believe organic growth peaked in 3Q18 and growth on the all-...
I am pleased with most of my moves over the last six weeks. Some of the better ones were the liquidation of Square and the sale of Amazon and Alphabet , practically at their highs. While I don't plan to buy back Square at lower prices, I most assur...
* I have sold my long position in Square and I have taken the stock off of my Best Ideas List This morning's announcement that Fiserv will acquire First Data has buoyed the shares of payments companies (with whom First Data and Fiserv compete with) ...
It sure felt like that after listening to Citigroup's robust conference call this morning.
Cost cutting has coincided with execs fleeing top financial posts.
I don't see a catalyst that gets me involved in the name, other than the discounted share price.
* Taking profits in some more Square and in Canopy . * Selling my trading long rental in As mentioned yesterday, I have made some important moves in my portfolios this week - reflecting my ursine market view recently adopted: * Eliminated longs in 3...
I was a large buyer of stocks during the last half of December. On the market's extraordinary strength since Christmas I have made a number of portfolio changes this week: * Eliminated longs in 3M , Amazon and Google . * Reduced long holdings in Squ...
Square is advancing by another $3.70/share to $66.80 today. Trading at $50 about a week ago, that's a +35% rally in a very brief period of time. Given my ursine market view and the rapid price rise I have reduced my SQ investment from large sized to...
We have several standout investment positions today. , a Piper upgrade this morning, is my favorite speculative stock for 2019. I have been steadily adding to this name on weakness (see past posts). The shares were placed on my Best Ideas List on Ja...