Monday, November 18, 2024
Today we’re going to talk about two of the biggest stocks of 2020 which were beneficiaries of the quarantine that followed this years pandemic. These are Palenton (PTON) and Zoom (ZM). There is a case I’d like to make about why they could mean revert quite a bit lower over time.
There’s a whole lot to unpack from last week. After five days of waiting for definitive numbers, media outlets have called the presidential election for Joe Biden. Senate control may take until January to decide due to two runoffs in Georgia. In other words, the market has plenty to digest. Before we talk about trading […]
While most eyes were on the US election, Chinese electric vehicle maker Nio (NIO) is off to the races. NIO’s stock price has climbed over 37% this past week and is up a whopping 838% for the year. The company recently announced strong October sales and better than expected growth. At least one analyst expects […]
For the past few months we’ve been doing quite a bit of work on how to play a pending infrastructure bill. We’ve finally now narrowed down our positions to a few stocks, mainly etf’s. Today we’ll review these with a bit of a glimpse through the lens of charts.
Earnings season has pretty much been a non-event this year, with investors entirely focused on the election and the COVID-19 pandemic. The week leading up to the election has been extremely volatile, and you could indeed be forgiven for not realizing earnings are still rolling out. The thing is, what may have been overlooked with […]
Idea-sharing social media site Pinterest (PINS) is seeing a lot of options action after posting standout earnings. Like many social media companies, PINS is thriving from the remote work/study/play environment brought on by the pandemic. PINS user growth and ad revenues were better than expected, and the stock jumped over 26% higher on the day […]
Hey folks I wanted to take a few moments today to look at pattern recognition. While I really don’t think looking at patterns can make an investor successful in the long haul, I do believe that a multifaceted approach must be utilized to be a well-rounded investor. When utilizing pattern recognition we gain the tools […]
2020 flipped the investment world on its head. Many stocks that had been investor favorites like UBER and LYFT heading into the year were forgotten in favor of companies that could thrive during a pandemic. To put it simply, the coronavirus pandemic changed the entire investment landscape. One industry that was enormously impacted by the […]
The biggest action in the options market this past week occurred in Snap (SNAP). The social media/video sharing company has become the best-in-class in the industry after posting outstanding growth and earnings numbers this past week. The company is seeing big time ad dollars coming in, as users became increasingly active over the pandemic period […]
Going to take a few minutes today to look at a trade and possibly intermediate-term investment idea more likely here in a transportation stock CSX. This is one of the prime railroad companies in the US. We’ll examine today strong evidence that this stock may have higher to go still.
