Sundial Growers (NASDAQ:SNDL) stock is another of the equities that got caught up in the Reddit wars. Source: Shutterstock Fundamentally it shows some real weakness, and I’ve yet to see any really well-thought out arguments that would convince me to consider buying it. Yet, the hype that surrounds it does represent a real opportunity for
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There are various reasons for asset markets trending higher after the novel coronavirus pandemic triggered correction. A key reason has been expansionary monetary policies and fiscal policy that supported and revived GDP growth. Easy money has also manifested itself in the form of inflation in various asset classes. As a broad asset class, commodities still
The “Reddit Wars” didn’t end when GameStop Corp. (NYSE:GME), movie theater owner AMC Entertainment Holdings Inc. (NYSE:AMC), BlackBerry Ltd. (NYSE:BB), and other online message board favorites crashed in late January. Source: Shutterstock In fact, as of late, GameStop is making another huge surge. It’s back up to around $200 after falling from $500 to $60 earlier this year.
In the digital currency mining world, the use of application specific integrated circuits (ASICs) remains a complicated issue. ASICs are chips designed for a specific use (as opposed to general-purpose computers). ASICs can be used for different purposes, such as in satellites and in the transceivers used in cell phones for wireless connectivity. Within the world of
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, students learn the difference between accounting earnings and Warren Buffett’s Owner’s Earnings. When an Investor looks at the
A ticker symbol is a short version of a company name. Benefits of Ticker Symbols: -Every ticker symbol is unique (some companies have similar names and this eliminates confusion) -It is faster to type than a full company name -Faster for trade executions Examples: -McDonald’s = MCD -Facebook = FB -Caterpillar = Cat -Google =
Kevin Matras shows how to screen for weekly volume increases to uncover institutional buying. Highlighted stocks include DFT, INT, PII, PXP and TMK.
People are seen lining up at a Covid-19 testing site at Mona Vale Hospital on Dec. 18, 2020 in Sydney, Australia. Jenny Evans | Getty Images News | Getty Images Morgan Stanley is bullish on Australia, India and Singapore. The three countries stand out among those in Asia-Pacific that have handled the coronavirus pandemic well,
Traders work on the floor of the New York Stock Exchange. NYSE Stock traders don’t normally talk about bond auctions, but all this week the 10-year Treasury auction that will happen on Wednesday has been the main subject of conversation. “It’s been a long time since stock traders have cared about bond auctions,” Matt Maley
A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Inflation is just warming up, but by late spring it could get downright hot, even if temporarily. February’s consumer price index — a
Last year was a turbulent one for the energy sector, marked by the crippling effects of the global pandemic on demand. Additionally, the investment in fossil fuels has taken a hit, with the renewables market showing resilience. Many consider this to be the changing of the guard, with greater sustainable finance and investor interest in renewable
Technically, undergarment maker Naked Brand Group (NASDAQ:NAKD) is one of the best performers of the year so far. Since January’s opening session, NAKD stock has delivered both longtime shareholders and recent speculators nearly 300%. Source: Shutterstock That’s a bonkers figure, one that takes away some of the pain associated with this investment, depending on when
Simultaneously one of the most compelling and frustrating investment opportunities at the moment is Nano-X Imaging (NASDAQ:NNOX). Offering the technology to completely disrupt the medical imaging industry and create new business platforms such as Imaging-as-a-Service, Nano-X could be one of the most significant innovations of our time. Yet someone also needs to tell NNOX stock,
The jig is up on Churchill Capital IV (NYSE:CCIV). CCIV Stock is less than half of where it was a mere three months ago. What happened? Source: ggTravelDiary / Shutterstock.com They call it “special purpose acquisition (SPAC) investing.” It’s nothing of the sort. It’s Texas Hold ‘Em, and only the dealer has the aces. CCIV
Cobalt is commonly used in batteries like those used in electric vehicles, so as you can imagine, demand for it is increasing. The supply-and-demand dynamic for the metal is attractive, given that suppliers are having trouble keeping up with demand. Source: Nick Starichenko/InvestorPlace.com RBC Capital Markets analyst Tyler Broda sees cobalt as a positive driver
What a week it has been — and it’s only Tuesday. Source: Shutterstock Just one day after falling into correction territory, the Nasdaq rallied 3.7% to record one of its best days since November. This isn’t the first time in history that the Nasdaq has quickly fallen 10% or more. I analyze the action for
Michael Wirth, CEO, Chevron, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galica | CNBC Chevron CEO Michael Wirth told CNBC he hasn’t spoken to Berkshire Hathaway since the firm took a stake in the oil giant, but he said the decision suggests confidence in Chevron’s long-term future. “I can’t
Customers view merchandise in an experience room at the Sonos store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after the bell on Tuesday: Toll Brothers – The home construction company’s shares climbed 2.4% after Toll Brothers hiked its quarterly dividend by 54% to 68 cents per
Disappointed in its choice to buy 23andMe, investors have dumped VG Acquisition (NYSE:VGAC) shares en masse. After hitting a high above $18, in the weeks following its announcement of the merger candidate, shares of VGAC stock have pulled back about 41%. Source: nevodka / Shutterstock.com Now at $10.74 per share, this special purpose acquisition company
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: http://www.amazon.com/gp/product/1939370159/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1939370159&linkCode=as2&tag=pypull-20&linkId=XRE5CA2QJ3I2OWSW
Purchasing a stock that’s being pumped up by hype is going to give you a recipe for disaster. Pump & Dump Concept What does the Pump & Dump concept mean to you when it comes to your trades? More importantly, what does Pump & Dump mean? It means that a group, entity, or person is
Kevin Matras goes over the iron condor strategy, which is the perfect strategy when you think a stock will trade within a broad range.
Amazon.com, Inc. is a global leader in e-commerce and cloud computing, and one of the largest companies in the world. Amazon is listed on the Nasdaq exchange under the ticker symbol, AMZN. The company was launched by founder Jeff Bezos in 1994 as an online bookstore, but has since ballooned into the world’s largest e-commerce company that sells virtually everything, including
Tesla Chairman and CEO Elon Musk unveils the new ‘Semi’ electric Truck to buyers and journalists on November 16, 2017 in Hawthorne, California, near Los Angeles. Veronique Dupont | AFP | Getty Images SpaceX is working on an antenna that will connect vehicles like semi-trucks and RVs to its satellite internet network, CEO Elon Musk
Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Check out the companies making headlines after the bell on Monday: Zoom Video – Zoom stock fell 1.3% after The Wall Street Journal reported that founder Eric Yuan transferred roughly 40% of
Shares of hypergrowth financial technology company Square (NYSE:SQ) have been on a multi-week downtrend amid a broader tech sector meltdown that has been sparked by fears of inflation and rising interest rates. Amid it all, SQ stock has dropped more than 20% over the past month. Source: Jonathan Weiss / Shutterstock.com Yet, over this past
Speculators are slowly losing interest in Inovio Pharmaceuticals (NASDAQ:INO). Excluding the spike to over $30.00 last June 2020 on strong volume, INO stock headed mostly lower. It spent most of the last year trading at around $10.00. Source: Shutterstock Biotechnology investors spent most of their time betting on the winning Covid-19 vaccine suppliers: BioNTech (NASDAQ:BNTX)
The battle over “Big Tech” is brewing and likely to have a big impact on how tech stocks trade. The most recent battleground was Australia. That country pushed for, and passed, a new law requiring tech giants to pay for news that is disseminated on their platforms. Independent arbitrators can set a “fair” price if
Bitcoin and other cryptocurrencies could eventually become part of the recommended portfolio for everyday investors, Ark Invest’s Cathie Wood said Monday. Wood, whose star as an investor rose dramatically last year thanks to the strong performance of her flagship Ark Innovation ETF, said on CNBC’s “Closing Bell” that she believes volatile cryptocurrencies will eventually resemble
Take a look at some of the biggest movers in the premarket: Apollo Global (APO), Athene (ATH) – The private-equity firm’s shares gained 8% in premarket trading following news that it will merge with retirement services company Athene in an all-stock transaction that values Athene at about $11 billion. Athene shares surged 19.6%. McAfee (MCFE)