Electric vehicle charging stocks, like Blink Charging Co. (BLNK) were higher this week. All after President Biden made charging stations a top priority in his $2 trillion infrastructure plans. “AlixPartners estimates $300 billion will be needed to build out a global charging network to accommodate the expected growth of EVs by 2030, including $50 billion […]
Why You Should Consider Investing in Preferred Shares
Preferred shares combine characteristics of both common stocks and bonds. We’ll take a look at this investment option and its benefits.
This Schlumberger Trade Could Deliver Triple Digits Following The Recent Pullback
Schlumberger (SLB) is the largest oilfield services industry in the world, with a presence in every energy market through its four main business segments: Reservoir Characterization, Drilling, Production, and Cameron. The company prioritizes providing top-notch services to its customers by being a global driver in technological innovation and is better positioned than most of its […]
This Clean Energy Trade Could Give a Max Gain of 1,686% By Summer
Clean energy—whether in the form of solar, wind, electric vehicles, hydrogen fuel cells, or something else—has been discussed as an investment opportunity by financial talking heads for what seems like ages. Some of the industries mentioned above have gone through significant periods of growth. At other times, companies in these spaces have seen considerable volatility […]
NIO Stock Price Tumbles: Time to Buy More or Stay Away?
After exploding from about $22 to $64.60, the NIO stock price is coming under pressure. When this article was submitted, NIO was trading at $36.13 and falling. All after NIO temporarily halted production activity thanks to a global shortage of semiconductors. “The overall supply constraint of semiconductors has impacted the Company’s production volume in March […]
Trade of the Week: SMH
On an active day this past week we saw double the normal amount of options activity in VanEck Vectors Semiconductor ETF (SMH). SMH is a popular gauge of the semiconductor market and also generally is actively traded by options traders. It appears someone rolled a massive in-the-money covered call in SMH, from May to August. […]
Stocks to Buy When the Bull Market Fizzles Out
Just over a year ago, the U.S. stock market bottomed out following a pandemic-triggered economic shutdown. From the trough, the major stock indexes marched steadily higher. In the 12 months following the bottom, the SPDR S&P 500 ETF (SPY) gained 77%. The Invesco QQQ ETF (QQQ), which tracks the Nasdaq 100 stock index, is up […]
The Great Roundup
As a youngster, every Saturday we would head to the movies for a double feature of cowboy movies; all for the price of a quarter. Sandwiched between the storyline we saw scenes of cowboys rounding up cattle, herding them toward parts unknown. That was before McDonald’s, and we never saw them marching to the slaughterhouse. […]
My #1 favorite pattern that tells me a stock is about to EXPLODE
Even if you’re not a “chart reader”…even if you think technical analysis is like reading ‘tea leaves’… I have a special chart pattern that is my absolutely favorite after 20 years of trading. As the market is selling off, expect to see this pattern emerge multiple times over the next month. And when you see […]
GME Stock Price Disappoints Investors
Gamestop (GME) released fourth-quarter results showing it missed on the top and bottom line, and the company may sell more shares to help fund its transformation. GME earned $1.34 per share on sales of $2.12 billion. The market was expecting EPS of $1.35 on sales of $2.21 billion. “The highly anticipated 4Q20 earnings report from GameStop […]