|Day Low/High||46.26 / 49.59|
|52 Wk Low/High||2.53 / 73.90|
One possible outcome: The party ends relatively soon for some of the more speculative names, while other high-multiple stocks remain strong until inflation and the Fed become issues.
As is customary, Mr. Market rallied from the morning schmeissing (at least halving the earlier declines): * Breadth was negative 2-1. * In percentage terms, the Russell Index declined 3x the Nasdaq and S&P. * Banks were mixed -- but Wells Fargo cont...
, , , , , , , , , , Homebuilders, and . No long sales or long buys. __________ Short SPY (large), QQQ (large), CVNA, PTON, TSLA (large), ARKK (large), FB, DIS, PLUG (small), TLT (large), AAPL, Homebuilder Package (large).
* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." - Walter Deemer "When the...
I am talking about two defined paths. Let's call them Tesla and Plug Power.
Bidding for the following longs this morning: Walmart , Verizon , and . Offering the following shorts this morning: Disney , Tesla , Carvana , Peloton , Plug Power , , and . __________ Long WMT (large), SLV (large), GLD (large), VZ (large). Short T...
I am bidding for the following stocks on the long side now: and . I am offering the following stocks on the short side now: , , , , , homebuilders, and . __________ Long WMT, VZ (large), Short CNVA, PTON, ARKK (large), PLUG, Homebuilders (large), T...
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
"Just one more thing." - Lt. Columbo I have my hands full with quite a lot of business projects I am working on (including a new hedge fund). I was actively trading -- before and after leaving my office this afternoon -- and I want to alert you ...
CEOs of stocks that are heavily shorted should be ready to sell billions of dollars of stock right now.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
The vaccine rollout has been bungled and the nation's in crisis, but you can either dwell on the negativity or look to ingenuity and opportunity. Here's where I see the latter.
PLUG is dedicated to making green hydrogen a legitimate fuel for vehicles that doesn't even leave a trace.
I have the answer, and it's something I learned as a rookie nearly four decades ago.
FCEL pretty consistently sees its strong moves fade over a couple of days.
There's no quit in PLUG, a leader in building out the 'hydrogen' economy.
PLUG is likely to finish the day with an upside price gap.
The environment for these firms is not only friendlier at the federal level, but far friendlier at the corporate and investment levels.
Do you hear what I hear? Check the guy on your left. Check the gal on your right. Check the house across the street. They may need something that you can provide.
I think the enthusiasm of the indefatigable wave of these buyers is equal to or superior to the disdain the S&P mimicking pros have.
I would consider booking profits and significantly reduce your long exposure.
This note does not accurately represent how ticked off I feel about what's included and not included in the current stimulus bill.