With shares holding steady for the past month, should you buy the pullback in electric-vehicle (EV) maker Nio (NYSE:NIO)? Not so fast. NIO stock still remains popular among investors, even after its more than 40% slide from its all-time highs. Source: xiaorui / Shutterstock.com As I detailed back on Apr. 9, investors were satisfied with
Retail investors can’t seem to get enough of Microvision (NASDAQ:MVIS). MVIS stock, which is up almost 30% in two days, is one of the hottest conversation topics on r/WallStreetBets and other social communities. Anointed as the next “battleground” play, MVIS is a target largely because of the stock’s whopping 18% short interest. With an upcoming
Rule number one of investing is that you don’t buy what you don’t know and can’t understand. Social Capital Hedosophia VI (NASDAQ:IPOF) violated this rule, and the speculators who bought IPOF stock paid the price. Source: Dmitry Demidovich/ShutterStock.com The huge injections of capital by the Federal Reserve and the 2017 tax cut combined to bring
When Discovery (NASDAQ:DISCK) quietly rose from a year-long $20.00 to 22.50 range in 2020, few investors talked about it. Between Feb. and March, value investors could not explain Discovery stock breaking out to a high of $78.14. Source: Iftekkhar / Shutterstock.com Only after Archegos Capital imploding on Mar. 28 did markets fully comprehend what drove
The novel coronavirus pandemic has disrupted the cruise industry globally. Prior to 2020, the industry had been experiencing a years-long boom. Now that a bet on the global reopening of the economies is gaining momentum, is it the right time to buy cruise stocks such as Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) stock? There are
Most rational arguments I’ve heard and read about Sundial Growers (NASDAQ:SNDL) stock in 2021 arrive at the same conclusion — avoid this investment. Most of my InvestorPlace colleagues are bearish on it. I know I certainly am. At no point have I thought or written that anyone should invest in SNDL stock. Source: Shutterstock Investors
At less than one dollar per share, Castor Maritime (NASDAQ:CTRM) stock is an interesting option for investors. Source: Pavel Kapysh / Shutterstock.com The firm just raised $125 million at 65 cents per share as of April 5. And now, CTRM stock sits at 48 cents. This drop has been going on for a while, as I
The Hourly View for TYL Currently, TYL (Get Ratings)’s price is down $-0.5 (-0.11%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour
The Hourly View for PKX Currently, PKX (Get Ratings)’s price is up $0.17 (0.21%) from the hour prior. The hourly chart shows that PKX has seen 2 straight up hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in
The Hourly View for DELL At the moment, DELL (Get Ratings)’s price is up $0.09 (0.09%) from the hour prior. This is the 2nd hour in a row DELL has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour
The Hourly View for HWM At the time of this writing, HWM (Get Ratings)’s price is up $0.02 (0.05%) from the hour prior. The hourly chart shows that HWM has seen 2 straight up hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving
The Hourly View for WDAY At the moment, WDAY (Get Ratings)’s price is down $-1.57 (-0.61%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as WDAY has now gone up 8 of the past 10 hours. Regarding the trend, note that the strongest trend exists on the 100
The Hourly View for PEN Currently, PEN (Get Ratings)’s price is up $0.95 (0.33%) from the hour prior. PEN has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving
The Hourly View for FTCH At the time of this writing, FTCH (Get Ratings)’s price is down $-0.24 (-0.49%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe.
The Hourly View for ANSS At the time of this writing, ANSS (Get Ratings)’s price is down $-0.27 (-0.07%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the
The Hourly View for ROK At the moment, ROK (Get Ratings)’s price is up $0.47 (0.18%) from the hour prior. This is the 2nd hour in a row ROK has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving
The Hourly View for WPP Currently, WPP (Get Ratings)’s price is up $0.04 (0.06%) from the hour prior. This is the 2nd hour in a row WPP has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on
The retail investor is tip-toeing into the market this week as expected. Last week, in an interview with Forbes, Allan Conway, a fund manager for Schroders in London told me that he expected the retailer to return to the market within the next few weeks, but that flow would not last for long. “Most of
Warren Buffett, the jocular Midwestern billionaire best known for his appearances in business magazines and on CNBC, has joined Twitter. Yes, that’s right, the online bastion of starlets and rappers and millions of ordinary teenagers is now an outlet for probably the most anti-technology curmudgeon of modern times. His first tweet? “Warren is in the
For three decades, Byron Wien, vice chairman of multi-asset investing at the Blackstone Group, has made it a habit of publishing ten surprises for investors in the New Year. His predictions involve market moving events he believes have a better than 50% chance of occurring, but that are being treated by investors as unlikely. Wien would likely be