There is a somewhat compelling argument for Naked Brands (NASDAQ:NAKD) stock as an investment. That’s because it is one of the brands caught up in the conversations on r/wallstreetbets . Source: Tinseltown / Shutterstock.com For investors, the question seems to be whether a few recent moves by Naked Brands are likely to propel NAKD stock
Tattooed Chef (NASDAQ:TTCF), the plant-based frozen food company which makes ready-to-cook bowls, produced strong results for the fourth quarter and 2020. But TTCF stock still looks to be fully valued, even though it has come down a bit from its recent peak. Source: Shutterstock TTCF stock went public via a SPAC deal last year and
To say that that I have some concerns about Kaixin Auto Holdings (NASDAQ: KXIN) is an understatement. Indeed, the thought of buying KXIN stock gives me the same feeling in the pit of my stomach when I am under a lot of stress or ate something that I should have avoided. Source: lumen-digital / Shutterstock.com
One of the big topics for the gold miners in recent weeks has been the prospect of mergers and acquisitions. Analysts predict another round of consolidation for the industry in 2021, although they aren’t looking for mega-mergers. Instead, they expect to see a continuation of the trend in 2020 that brought a larger number of
Shares of electric vehicle maker Canoo (NASDAQ:GOEV) are on fire this morning after the Verge reported that it held talks with Apple (NASDAQ:AAPL) about a possible investment or a takeover. GOEV stock jumped as high as 30% in pre-market trading Wednesday. Source: Shutterstock An Apple EV has garnered quite the buzz in recent weeks, as Barron’s noted
After a late-session dip on Thursday, equity markets struggled in early Friday trading ahead of the long holiday weekend, as the U.S. stock market was closed on Monday. Let’s look at a few top stock trades ahead of next week. Top Stock Trades for Tuesday No. 1: Nio (NIO) Nio (NYSE:NIO) has had a busy
The start of the year is the time for predictions, and why shouldn’t those predictions be bold ones? After the past 12 tumultuous months, it’s nice to take a deep breath and think about what is likely to happen in the coming year, especially in the fast-moving and often volatile technology sector. Plus, tech stocks
This weekend, as the #silversqueeze hashtag made its way across the internet, silver prices forebodingly edged past the $30 mark – the highest it’s been since the beginning of 2013. With a physical metal shortage on the horizon, Redditors and Wall Street pros alike are starting to ask themselves: can another $SLV short squeeze happen?
In the stock market, the questions that flash through every trader’s mind when the S&P 500 has a bearish week go something like this: “What if this is it?” “What if this is the end of the bullish rally?” “What if the bears are waking up and taking control?” Those questions flashed through the minds
In the last week of January, the SPDR S&P 500 Trust ETF (NYSEARCA:SPY) gave bulls a real startle. Investors saw the SPY quickly unwind, falling 4.5% in four days. Coming into that stretch, there were some warning signs and certainly some reasons why larger investors might have been unwinding their positions a bit. Source: Shutterstock
It’s been a busy past month for major asset classes, and while Q4 was mostly a quarter to forget, both gold (GLD) and silver (SLV) managed to finish the year strong. This was a significant positive development because gold had a pivot of $1,700/oz to confirm its yearly breakout, and this level was briefly under
A surprise “gift” from Saudi Arabia on January 5 pushes crude oil through $50 The Georgia runoff election result is bullish for crude oil The technical levels to watch for as crude oil continues to take the stairs higher 2020 was a rough year for the crude oil market. As the energy demand plunged during
Crude oil continues to take the stairs to new highs Term structure tightens- Bonus time for the front-to-back crowd Brent-WTI rises- More gains on the horizon as US production declines Upside targets for crude oil in 2021 A commodity’s market structure provides clues about the path of least resistance of the price. I view commodity
Bullish price action in crude oil since early November The price stops short of a critical technical resistance level Higher prices are likely, but buying dips could reduce stress OPEC will push prices higher as US energy policy shifts to a greener path Buy oil when it looks its worst Bull markets tend to push
NYMEX oil futures come within 57 cents of an upside target The crude oil futures market faces bullish and bearish forces OPEC+ becomes more influential after the US power transition A pullback would not be a surprise Surprises are likely to come on the upside We learned that markets can decline to illogical levels on
It’s been a rough start to 2021 for the gold (GLD) bulls despite a Blue Wave in the United States that is likely to keep stimulus high for the next two years and the appointment of a former dove, Janet Yellen, as Treasury Secretary. This continued underperformance Is likely extremely frustrating for the bull camp,
Crude oil takes out a technical resistance level on the weekly chart The factors that point to higher The threats that could create a selloff Bulls are winning, but it will be a bumpy road higher At this time in 2020, crude oil was on a path to a price below zero for the first
The world’s leading producer hands the pricing baton to its old foes OPEC+’s mission is the highest possible price The trend is higher The world continues to depend on the fossil fuel A demand surge could be explosive- Bull markets tend to exceed expectations The last time NYMEX crude oil futures traded above the $100
It’s been a tough start to the year for investors in the gold (GLD) space, with the metal, unfortunately, being one of the only asset classes with a negative year-to-date return. This poor performance is even though this 6-week period is generally one of the strongest of the year for gold, with the metal typically
Brent’s premium remains steady at above the $3 level Brent’s next test is at January 2020 high Brent is OPEC’s price Iran could cause supply problems The BNO ETF tracks the world’s leading benchmark Brent crude oil is the petroleum that comes from the North Sea, a shallow, northeastern arm of the Atlantic Ocean, between