Monday, November 18, 2024
2020 is a year that is mostly defined by the COVID-19 pandemic and the historically crucial presidential election. From an investor standpoint, there’s one more thing you can add to that list: the growth of the electric vehicle (EV) market. Not only have several new EV companies come on to the scene, but existing players […]
One of the market’s higher flying stocks this past month took quite the tumble last week. Fastly (FSLY), a cloud, web development company, dropped nearly 30% in one day after lowering revenue guidance ahead of its earnings at the end of the month. Although the actual guidance wasn’t that much lower than previous expectations, the […]
Today we wanted to take a few minutes to go through our playbook for the fourth quarter of 2020. With quite a few things left on the calendar such as the election, covid-19, and conflicting data on the economy really around the globe, an assessment of the market is necessary at this important juncture.
It’s been a long time since Exxon Mobil (XOM) has been in the news. The oil powerhouse used to be the largest company in the world, but now it doesn’t even crack the top 50 companies in terms of market cap. However, the stock was up 5% one day last week after the company made […]
Amidst all the daily headlines and news right now it is very difficult to see through the next few months for a lot of traders and investors. Quite frankly, it may be confusing to follow along in any logical manner. So we want today to take a little bit of a step back and look […]
One of the more intriguing current trends in U.S. investing is the growing number of strategic ETFs that have become available to investors. Index investors have typically used ETFs like SPY to capture the action of the broader market. However strategic ETFs represent or emulate an entire trading strategy, rather than just tracking an index […]
Tech remains the most interesting sector when it comes to unusual options activity. Just recently, options traders were very active in Datadog (DDOG) options. DDOG is a software analytics company that just announced a big deal with Microsoft. The stock jumped higher on the news, over 17% on the week of the announcement. So far, […]
Today we’re looking at and addressing whether the 200-day moving average is important! I think a lot of people focus on this average because: 1: The media talks about it a lot 2: It is an oversimplification of things going on in the market Nevertheless, the 200-day moving average does in fact hold some intrinsic […]
Making directional trades in this market isn’t easy. On the one hand, you have high flying stocks that are trading well above reasonable valuations. Trading those types of stocks can be dangerous since they can reverse on a dime. On the other hand, value stocks are dead. Stocks trading below reasonable valuations just seem to […]
Electric vehicle stocks have recently been pulling back, but none more so than Nikola (NKLA). The electric/hydrogen-fueled truck maker had been the darling of the stock market in recent months. However, short selling attacks have sent the stock into a tailspin. The CEO has stepped down and the company appears to be in turmoil. Options […]
