OSTK
Kind of has it all - internet retail, crypto, low float, and decent short interest (17%).
Technically:
-made double bottom
-retraced to the .68fib
-bounced off the 200ma
-growing buy volume
-AO divergence
NUE is not a sexy, high short interest stock like X or CLF, but it is steady and actually financially stable. With Biden and the House and Senate all united there is a great chance finally getting some infrastructure improvements. Furthermore NUE actually pays a dividend.
Technically:
-clear channel
-bounces off the 50ma
With the huge exodus out of cities to the urban areas, ADT has no doubt been benefiting. Recently, ADT CEO on google-ADT partnership and surge in new homebuyers buying security systems was on CNBC: www.cnbc.com
Remember too, that Google has retired is own home security system, and now owns 7% of ADT.
Additionally, ADT announced it has partnered with Lyft on...
Bull case:
-hot sector > backbones of online casinos, like PENN
-nfl beginning!
-Earnings are forecast to grow 108% pear year.
-retraced to .618fib
-forming double bottom around whole number $20
-AO and Stoch showing a little divergence
Bear Case:
-price trading under heavy consolidation area between 20-21
-making lower highs and lower lows (head and shoulders...
Bull Case:
1. Most people think of GRWG of being linked to Cannabis. However, as a small farmer I understand that with global warming more and more farmers will be shifting to more efficient indoor growing operations.
2. 8/28 price target raised to $25 from $15 at Oppenheimer and keeps an Outperform rating on the shares.The analyst commented GRWG is a" leading,...
Bull Case:
1. Gig economy not ending anytime soon
2. Beat estimates on the top and bottom lines. Expects revenue in the range of $89 million to $91 million. That was ahead of analyst estimates for $85 million, according to FactSet. Up Guidance.
3. Clear consolidation around $12 and $16, forming a base on a base pattern.
4. Price holding above the 50ma.
Bear...
bull case:
-double bottom w/in double bottom
-consolidation
-making higher lows
-airlines cutting jobs and becoming leaner
bear case:
-airlines were weak before covid
-many realized that a lot of business can be done virtually.
-EPA will start regulating pollution
People are eager to travel, but not business travelers. So will look for longs in travel booking stocks.
Ducks are all in a row!
-Wedbush upgraded price target of $77.
Analyst notes SHAK is 'even more attractive' post-COVID position and is still a "preeminent" growth story.
-Internationally, SHAK is seeing great demand in places like China, where countries have COVID under control.
-SHAK EPS is expected to grow over a 100% year over year.
-Technically price...
Bull case:
1. First retest of 50ma
2. Back to major consolidation
3. Stoch and Osc both oversold into a uptrend.
4. Retrace to Fib38%
5. Rev grew by 45% over the past year, and is expected to grow another 30%
Bear Case:
1. Broke major trend line on volume
2. Broke 20ma and hanging onto 50ma for too long
3. looks like double top and hanging out at neckline.
3....
PETS bouncing off of major support.
PETS may not be as well known as CHWY and CVET, but has been around longer and has pretty stable 3.5% dividend, that the other hot animal care stocks don't have.
The recent sell-off after earnings could be worrisome, but that is because it missed Q1 high expectations by just .01. PETS did pick up over 186000 new customers,...
GS recently reported earnings. Revenue from trading stocks and bonds surged 93%, surpassing what analysts had expected by about $2.5 B.
This news bodes very well for HFT firm VIRT which reports on Aug 7. According to Zacks, Virtu Financial is expected to post EPS of 1.57, or a year-over-year change of +881.3%. Rev is expected to be $647.24 million, up 170.9% from...
With DiamondPeak (DPHC) buying EV startup Lordstorm Motors the EV stocks are all hot.
Of special interest is WKHS investment in Lordstorm. Barrons exlpians:
"The transaction will raise about $675 million for Lordstown and values the company at about $1.6 billion. That makes a 10% stake held by the electric-van maker Workhorse (WKHS) worth about $160...
I have never been into video games, but recently I bought a gaming computer and new monitor. As we know gaming stocks have been hot because of the lock down stay at home trade. Just as people became more accustomed to buying online, I think the stay home trade has given birth to a new group of gamers that aren't going to to go away after everyone goes back to...
The 60 day correlation between KBE and TLT is currently -.66, which means as TLT goes up banks will generally go down.
As people overall are getting more comfortable living with covid and the businesses slowly opening up this should really remove a lot of negative pressure on the banks.
KBE has formed a nice base / consolidation area for the last 3 months...
In the beginning KODK did film, then crypto, now drugs. Whats next? Electric cars? C'mon robinhooders are all that stupid?
And what insider was buying yesterday before this news? This has pump and dump scam written all over it. . .
Trump has been in Office for 921 days. He campaigned on bringing back old industries like steel and of course 'clean' coal. He lived up to his promises of lifting and removing thousands of environmental regulations and laws. So what are the results?
....................1/20/09 - 1/20/17..............1/20/09 - 7/30/11..............1/20/17 - 7/30/119 ...
