|Day Low/High||858.44 / 895.75|
|52 Wk Low/High||191.85 / 968.99|
Until fear and uncertainty exit stage right, we will have to contend with more fear - and more selling.
Inserting some measure of market timing into your asset allocation decisions is essential.
To survive weeks like this one with your sanity -- and portfolio value -- intact, just put a little effort into it.
You have to invest with your eyes wide open -- especially to the mirage of stock-based exchange-traded funds.
Bonds and gold are safe. That is why you should be selling portions of your holdings of stocks to buy them today.
* Risk happens fast - as we now take the elevator down * At 4:45 am S&P futures were -90 and Nasdaq futures were -315 handles * Market structure - in which the majority of products and strategies are bullish and lie on "the same side of the boat" - ...
Every minute detail and data point is misinterpreted to paint a positive picture for stocks.
* The S&P Index will likely record its first down week since my Bar Mitzvah * The first (mini) 'Flash Crash' occurred on Thursday - there will probably be more to come in 2020 * Too many (especially of an ETF- and Risk Parity - kind) are on the same...
While some 'pruning' can be necessary, Thursday was a strange day to get clipped.
The world's most levered balance sheet belongs not to a company, but to a country: Japan.
Virgin Galactic Holdings is pulling a Tesla now. Through the first 90 minutes of trading, SPCE volume is 54 million shares - more than 1/4 of the total shares outstanding and a large portion of the float. SPCE and TSLA are indicative of speculative ...
If you want a perfect example of this, look at two recent capital raises: one from Tesla and one from Genprex over the past week.
* Speculation is rising * Economic growth is slowing * Values are diminishing It is not only coronavirus that is growing contagious, so is speculation (see the climb in Tesla's share price today). Based on a plethora of reasons, I am now assuming th...
Returns can be robust if the conditions are favorable, but it won't always be so fruitful.
SPCE is about commercial spaceflight, the future, and possibly a radical shift in some commercial airline travel as well.
Talk about talking out of both sides of one's mouth... Bernstein has nearly doubled its price target on Tesla shares, saying the electric car maker is the "ultimate 'possibility' stock." Huh what? I wasn't aware we had a new rating category to wor...
Pre-market futures are continuing to point to an up opening in less than an hour. Investors continue to watch Q4 results hit the wires in a furious manner. Here are a couple that caught my eye. Expedia is up over 10% in pre-market trading after pos...
After gapping lower, the market saw its all-too familiar rally occur. As mentioned in my Diary, I sold short into the strength (adding a layer of trading shorts on top of my investment short position). Down, up, down. The rally from the lows was st...
This market's bound by earnings and a virus, and both are astonishingly subjective.
TSLA built a plant in China at exactly the worst time in modern Chinese history because of the spreading coronavirus.
"Too much of a good thing can be wonderful." - Mae West Amazon is indicated +$20/share in pre-market trading. Amazon is the new Tesla . I continue to look for a narrowing of leadership in a maturing stock market as the leaders enter the "Tesla stock...
Looking at a chart of spikes in new highs shows they are like one-off events, they fail to build on themselves, expand or improve.
I hope you never find yourself in a position where you're hoping for a plague to spread or lives to be lost in order to make a buck.
* I have learned a lot by looking back at my mentor, "The Chief's" investment observations and successes * In a world starved for earnings growth I am back in Google and Amazon - that's where "The Chief " would be * The next Tesla might be Amazon or...
If you can't become self-aware as a trader, you'll likely be short for the trading world.
Most notable on my screens today is the action in Twitter.
The shares remain wildly overvalued and you should not buy them.