Stock Market

Ideanomics (NASDAQ:IDEX) has been one of the more actively traded stocks in 2021. On Feb. 8, IDEX stock closed at $5.43. That was fueled by retail investors eyeing their next GameStop (NYSE:GME) candidate (IDEX isn’t available to institutional investors, yet). However the stock couldn’t hold its 163% gain and is trading at about 50% of

Reddit’s r/WallStreetBets wasn’t always so militant. The forum was once a place for people to post their most ridiculous bets — a parody of the otherworldly gambles that Wall Street prop traders used to take. Source: Marcus Krauss / Shutterstock.com But then something unexpected happened: Short-sellers started to get involved in a world they didn’t

Way back there in 2017, Naked Brand Group Inc. (NASDAQ:NAKD) traded in territory worthy of a mega-buff body builder. If I have my figures right, NAKD stock topped $1,400 per share on Feb. 10, 2017. It was a heady time for a company that, in its own words, “focused on enhancing the architecture of the

Canadian enterprise software group Blackberry (NYSE:BB) has had a rollercoaster ride in recent weeks. BB stock finished 2020 at $6.63. Then, on Jan. 27, it hit a multi-year high of $28.77. By March, the share price was down to $8.82, but today BB rests at around $11.50. Source: Shutterstock This recent volatility in BB stock has,

It was yet another wild week in the market as tech stocks continued to lag while the S&P 500 rallied to new all-time highs. Source: Shutterstock We’ll analyze the broad action in today’s new episode of MoneyLine and I’ll highlight where I think stocks are heading next. But even more importantly, we’ll turn back the

Social Capital Hedosophia Holdings Corp. IV (NYSE:IPOD) stock is another special purpose acquisition company (SPAC) that has all the advantages and risks of SPAC investing strategies. There’s potential for high returns, but at the same time quite a bit of risk. Therefore, let’s look at the main factors to consider when investing in IPOD stock.

Other than a one-time spike in Nokia (NYSE:NOK) in late January investors are only barely ahead if they held. NOK stock is mostly flat in the last year as value investors accumulated shares while impatient ones sold. Source: rafapress / Shutterstock.com Despite the lack of movement in the stock, 5G network installations are accelerating. Nokia

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.

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,

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

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

Whether you want to invest in American Airlines (NASDAQ:AAL) or not, you have to give credit where it’s due. Those who chose to invest in AAL stock did so against some extremely alarming trends, most notably the horrendous impact of the novel coronavirus. Today, it’s one of the top market performers. Source: Shutterstock You need

The largest cannabis company in the world by market capitalization, Canopy Growth (NASDAQ:CGC) has been on a bumpy ride this past month. Since hitting a high of $56.50 a month ago, CGC stock is down to $30. Source: Shutterstock Despite recent periodic short-term gains, it appears CGC stock has lost some momentum over the past month.

International Business Machines (NYSE:IBM) has had a rough few years, and 2020 was no different. The lack of growth in revenues, earnings, and the stock price reflect its management’s defensive approach towards innovation. However, IBM stock still shows promise. Source: Laborant / Shutterstock.com The company’s new CEO Arvind Krishna could usher in a new era.

Kohl’s (NYSE:KSS) stock recently got a boost from investor activism. It got a second boost from strong Christmas quarter results. It’s getting a third boost from the waning of the pandemic. Source: Sundry Photography/Shutterstock.com But KSS stock isn’t yet priced like Five Below (NASDAQ:FIVE) or even Walmart (NYSE:WMT). Now at $55, Kohl’s has a market

Shares of Carnival Cruise Lines (NYSE:CCL) have climbed approximately 20% in the last month. That puts CCL stock within hailing distance of its pre-pandemic price. I understand that the market is forward thinking, but this seems to be an example of irrational exuberance. Source: Kokoulina / Shutterstock.com As of now, over 82 million Americans have

Call it a “meme stock.” Call it “over-hyped.” But, even as shares pull back, investors remain highly bullish on Ideanomics (NASDAQ:IDEX) stock. Does this mean you should jump in as well? Source: Nick Starichenko/InvestorPlace.com Not so fast. This former penny stock may be winning over investors with its transformation into an EV company. But, as

One of the big winners out of the recent boom in clinical-stage biopharma companies has been Jaguar Health Inc. (NASDAQ:JAGX). JAGX stock was trading around $0.20 in November, and is now above the $2 level. Undoubtedly, many investors may be impressed by such a move and intrigued as to what this company does. Certainly, any 10-bagger

Like the frustrated knights of Arthurian legend who tried to withdraw Excalibur from the magical stone that gripped it, many investors have struggled in vain to withdraw profit from a short sale of Tesla Inc. (NASDAQ:TSLA) stock. Source: Shutterstock None has succeeded, except perhaps for a few fleeting moments. Tesla has been defying all skeptics, naysayers, and

The outlook for Nikola (NASDAQ:NKLA) was looking grim at the start of 2021. That changed in mid-January when NKLA stock got a short-lived bounce as one of the “meme” stocks. However since soaring to a closing price of $28.58 in late January, the stock is down approximately 35%. Source: Stephanie L Sanchez / Shutterstock.com It

The commercial got a lot of attention when it aired during the Super Bowl. And it was definitely funny. Source: Shutterstock It just wasn’t exactly accurate. You probably saw the commercial. It featured well-known actor and comedian Will Ferrell, who was absolutely enraged because “Norway is out EVing us”… meaning beating us in electric vehicles.

The creation of stock market rules often comes after a big event happens. Some examples include the stock market crash of 1929 — which led to the wide-ranging federal securities laws — and the financial crisis of 2009. For the most part, regulators are reactive — there is usually not much effort to anticipate what

One of the meme stocks that has taken Wall Street by storm, Blackberry Ltd. (NYSE:BB) has seen its share price plummet over this past month. However, this move has not been linear. Investors in BB stock have seen their investment whipsaw this year in dramatic fashion. Source: Shutterstock Shares at the beginning of the year traded around the

After a strong day in the markets, stocks turned in a more muted session on Tuesday. Now, let’s see how the rest of the week shakes out while we look at a few top stock trades.  By the way, did you see Rocket Companies (NYSE:RKT) today? I outlined that one yesterday, but wasn’t looking for

After a wild couple of weeks for growth stocks, March kicked off with the best one-day rally in months. There was more volatility again today, but the bottom line is that the major stock indices continue to trade near historic highs. Source: Shutterstock On today’s new episode of MoneyLine, I discuss the current market situation

Blue-chip stocks are normally steady and dependable. Investors can count on them to deliver reasonable returns and consistent dividend payments while keeping volatility low and stress to a minimum. However, several tried and true blue-chip stocks that otherwise performed well over the last 12 months are starting to look a little pale lately. Investor enthusiasm

FIVE (NASDAQ:FIVE), parent of the Five Below chain, is an exception to the rule that retail stocks are notoriously cheap relative to their annual revenue. FIVE stock sits just shy of $200 per share with a market cap of $10.3 billion on 2020 sales of $1.85 billion. Source: Jonathan Weiss / Shutterstock.com There are other numbers

As you might be aware, BlackBerry (NYSE:BB) was caught up in the “meme stock” craze of the past few weeks. The upshot was a precipitous rise and fall of BB stock, resulting in massive gains for some traders and staggering losses for others. Source: Michael Vi / Shutterstock.com The volatility in the stock even seems to