|Day Low/High||28.55 / 29.66|
|52 Wk Low/High||9.89 / 53.90|
The greenback has maintained a higher level of relative strength versus its peer reserve currencies than I would have thought.
That means aspiring to be shorted. And the shorts just aren't that stupid to take that bait.
It's hard to have faith in the retailer of household goods, so here is the way to play it.
Their power is now down to two stocks: AMC and GameStop.
Plus, the Senate passes a big, fat bill to promote the nation's ability to compete on the technology innovation front.
I keep hearing from complainers, who typically have a imperious tone, that these so-called meme stocks are wildly overvalued. How the heck do we know?
Smart money knows the game by now. Just don't let them be less patient and greedy than yourself.
Plus, questioning MicroStrategy Inc.'s plans to sell a bundle of debt to add to its Bitcoin long position.
This otherwise utopian world lacks the firepower to extend its domain.
Many smaller hedge funds are doing the manipulation of the meme stocks (like Blackberry , Bed Bath & Beyond , and ) along with the retail crowd. AMC traded about 700 million shares yesterday, that's nearly $40 billion of volume (measured by market c...
Let's check the put/call ratio for exchange-traded funds and what it could hint about correcting.
We've got moves in AMC, GameStop and even Bed Bath & Beyond. But I'm playing Nokia and here's why.
This type of action has the ability to damage your portfolio in the blink of an eye.
The fundamental story may sound positive but the technical story suggests something else.
Small-caps look like they may be near the end of a two-month-long correction.
There has been a lack of energy in the market, but things did perk up late Tuesday.
The reaction to earnings from the big banks this week should give us some insight into market sentiment.
One of the most continual themes in this market is that anything that was liked last year is hated this year.
The market's catalyst had everything to do with the virus... optimism that humankind might stuff that scourge back into Pandora's box.
This is the first of a three-part piece on the recent short-selling saga spurred by traders from Reddit's 'Wallstreetbets.'
My favorite group at the moment is cannabis.
The fact is that even if there is some compromise, the next fiscal stimulus package will be closer to $1.9 trillion than $600 billion.
What's most important about this market is understanding which themes are driving the action.
As a trader who at times takes short positions, I don't know whether to stand up and applaud this group or to fear them.
That 'dumb' money can overpower giant hedge funds and create massive, short squeezes is a good indication that there is still plenty of buying power out there.
As the market appeared ho-hum on the surface, much was shaking underneath and traders got a jolt.
With few exceptions, there isn't a stock that could bring down this market.