|Day Low/High||24.30 / 25.28|
|52 Wk Low/High||9.79 / 25.87|
Friday brings about data for December retail sales and industrial production, and the start of the fourth quarter earnings season as big banks start to report.
I have covered the balance of my and shorts for a small profit. As I mentioned yesterday, I planned to be out today, win, lose or draw!
Checking out a few momentum stocks that recently have lost ground shows selling may be drying up around their most recent lows.
I am shorting more and in premarket trading. I am thinking very short term on these short rentals.
"Just one more thing." - Lt. Columbo dougie kass • a minute ago This is a one way market dominated by passive products that follow price momentum. Case in point banks, oils and autos today on the upside and Tech on the downside. Who pays 8% and 11...
I shorted (mean regression trade) and at the close. I will be covering tomorrow - win, lose or draw.
This action is probably driven by the end of the year unwinding as well as concerns about weakness in bonds.
Within two years, Ford expects to have the capacity to produce 600,000 battery electric vehicles per annum.
Defensive sectors took three of the bottom four places on Monday, a stark reversal from what was experienced across the marketplace the past week or two.
Chip woes, China bumps, technology advances and crazy valuations are not out of the rear view.
Market breadth was fairly awful Tuesday, though participation was down. There was no easily traceable move into or away from cyclical nor defensive type sectors.
Setbacks and skepticism have created a well-positioned investment opportunity for the year ahead.
If you thought we would get out of 2021 without yet another bullish prognostication on Tesla shares, well... you may want to re-think that. Wedbush's ever bullish Dan Ives is talking about 30% upside over the next 12 months in the shares as compone...
The stars in this industry are Tesla, and now Ford and Lucid.
Like Diogenes with his lantern, I am, again in 2022, a cynic looking for truth - as I engage in my annual assault on the consensus and 'Group Stink.'
* Another Trump/Clinton Presidential race appears increasingly likely in 2024 - But it's not the Trump you think! * "Slugflation" (sluggish growth and stubbornly high inflation) becomes a commonly used term to describe the global economy next year *...
The semis survived a series of individual tests on Monday, which might be worthy of finding a spot in the back of that mind of yours.
The fact is that some blood hit the floor on Monday.
Many investors are licking their chops as they eye potential beneficiaries of the Build Back Better Act.
The market's moves are setting the stage for better technical action in many of the stocks that have been lagging -- now here's what I'm hoping for in the next few weeks.
Wall Street is missing the big picture -- the uncertainty of ride-hailing's future.