|Day Low/High||7.62 / 8.42|
|52 Wk Low/High||1.31 / 30.99|
There is no way to know how long this theme of strong small-cap speculation and short squeezes will continue, but I have no interest in fighting it.
Here's a play in the electric vehicle name as the EV sector gets a green light from the Biden administration.
Overall the action is relatively mild, which is quite healthy after the chaotic 'flash crash' that occurred yesterday.
They are Rivian and Lucid, with Chanje close behind.
What happens when the dream portion of the market collides with the real stock market?
Is this horse getting tired after a 750% gallop in 2020?
The market was narrow on the way up and the intensity of selling is narrow on the way down, which provides opportunity for stock-pickers.
Look beyond the large-cap technology stocks to find good trades right now.
Apple paves the way as pessimists were expecting a reversal that isn't happening.
This is a very speculative, small trade as it either hits for a home run or strikes out.
Market players aren't dumping stocks, they are just looking for better opportunities.
This market keeps finding good news on which to run and the bearish narrative never seems to matter much.
Rather than buying the stock, I like the idea of a wide, longer-dated call spread.
Carefully monitor the action to identify when a change is meaningful, so that you can react accordingly.
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Hot stocks tend to have a second wind after the first batch of rookie traders wash out.
Don't mistake a fear of missing out for a fundamental change in the industry.
Let me tell you about a time in the '80s when I was trying to get clients some Berkshire shares -- and how it relates to now, when you can buy fractional shares of terrific companies like Amazon.
Electric vehicle sector sees lots of action, while jobs news provides a boost to the indexes, despite surge in Covid-19 cases.
WKHS has made a huge rise and is vulnerable to a reversal, so do not overstay your welcome.
The market pullbacks are more positive than negative.
The EV market is nowhere near saturation yet. I believe we'll have some additional expansion before we begin to see takeovers.
There are plenty of good reasons why this market should struggle but the macro concerns can easily blind you to the micro opportunities.
This one is a tough chase, so I would have to consider put sales for an entry right now.
It continues to be a very good market for aggressive traders that focus on stock-picking and sectors.
FAANG stocks -- and particularly Apple -- lead the day higher, showing the market continues to defy the headlines.