|Day Low/High||424.51 / 445.23|
|52 Wk Low/High||50.17 / 502.49|
* I have assiduously avoided shorting Tesla for years. * No more... Telsa's shares have climbed from $350/share on March 19, 2020 to over $2,000 today. It can now be argued that Tesla's shares represent not only a good short term short but, at curr...
Beware of high-flying stocks and instead opt for these 'grounded' ones.
Liquidity, steady dip-buying and new all-time highs for the S&P 500 make it very difficult to be too negative.
After days of poor market breadth, advancers have a 2-1 lead over decliners in today's trading session. Nevertheless, I see some obvious potential blowoff tops in the Nasdaq - which is barely higher - and in individual stocks like Tesla , Apple , an...
These big names are not smoke and mirrors, if you look at what they really do.
If the price action starts to falter, we'll have to change our course of action.
Three names are seeing significant insider purchases in a market that is seeing little of this sort of activity.
It's very mixed and chaotic action but it still has a positive tone and the indices are holding.
What's next for TSLA as the stock split approaches?
I was preparing a column on Tesla - I added further to my short on the gap - but the reversal has been quick. This morning I wanted to get this out! More on Tesla bright and early tomorrow morning!
The equity market recovery is just as sloppy in performance as the economy itself.
It's not healthy that a small group of big-cap stocks are leading the market higher, but that could lead to a healthy rotation.
If industrials get a head of steam, the XLI could break $80 or higher.
The poor breadth could clear up like a bad cold, or develop into something more severe.
It may just be a matter of time before the green chokes on the pestilence and the stock market stars don't even matter.
* Offering more and on the short side * Added to at $23.70 * Bidding for more and * Bidding for more puts * Bidding for more (there was a brokerage downgrade yesterday) __________ Long WFC (large), SPY puts, SDS (large), SJM (large), BAC (large), J...
The stock market is out of sync with the current economy, but it can be a forecasting machine. Let's see what it says.
Has the Fed created bubbles, or pockets better set up for success in this post modern world?
I took over $200 out (a profit) from my recent Tesla short recently. I am reshorting TSLA at $1896 now.
* But at a price Up from under $15/share in March, 2020, GM's shares are overbought and I feel I am a bit "late to the party" - nevertheless, I plan to buy General Motors shares on a pullback if Mr. Market ever corrects. Given the enormous success...
The trend still believes in Congress for whatever reason, and perhaps most importantly, in an effective vaccine and effective Covid treatments versus Covid sooner rather than the later.
Dig beyond the indexes -- and doomsday folks -- and focus on price movement if you want a chance of making some money.
The Chinese EV maker caught my eye this morning.
Economic conditions change, investment opportunities evolve, and risk versus reward fluctuates.
Markets are possibly fine until either growth or inflation force the Fed to change guidance on interest rates.
Penny stocks are for suckers, and six other rules for better investing -- and tuning out the tweet noise.