News: According to a report from Bloomberg retail trading is slowing down. I can see this in my daily scans as fewer low float stocks are holding their gains. Bitcoin is moving up, likely due to institutional buying. This is extremely bullish for the...
News: Meta (FB) fell 26% yesterday and lost ~$230 billion in market cap. The largest single-day loss for a company in stock market history. After hours SNAP reported earnings and blew everyone away, its stock surged 50%. AMZN (pick and shovel play wi...
News: Yesterday before the markets opened investors shrugged off private payroll data that showed job losses when “expectations” were for gains. PYPL released disappointing earning premarket as well. But the markets rallied anyway logging the fourth...
News: Yesterday was another day of gains on Wall Street. Markets rose steadily, which is more consistent with a bull market. GOOG, GOOGL announced a 20-to-1 stock split. TSLA and AAPL rose up to 30% between announcement and split in 2020. UPS upped i...
News: Markets closed January on a strong note. The Nasdaq led the charge with a gain of 3.4%. Many of the stocks I mentioned yesterday spiked. It’s good to see some risk-on behavior. The gamblers might be coming back! Oil and energy stocks are outper...
News: Markets closed the week on a strong note Friday as “smart money” bought up cheap shares. NFLX was bought by Bill Ackman its CEO. Kathie Wood bought HOOD. Barron’s called TSLA a buy at these levels. Even a giant German bank bought AAPL. Small ca...
News: Markets generally moved sideways yesterday with a downward tilt. But that’s not to say there aren’t winners to be found out there… AAPL reported blowout earnings and its stock is up about 4% in premarket trading. NFLX surged nearly 8% yesterday...
News: The Fed has confirmed it’s ready to start raising interest rates as soon as March. Fed Chair Powell told us to the Fed will, “move steadily away from the … policy that we put in place to deal with the … pandemic.” In short, no more free money…...
News: Oil is rising as international tensions show no signs of subsiding. Bitcoin is bouncing off of recent lows as inflation concerns remain high. And market volatility remains extremely high as we await word from the Fed today. The FOMC’s 2-day mee...
News: Monday was a day on Wall Street! The Nasdaq slid nearly 5% before markets staged a late-day comeback. All major indexes closed in the green. During the intra-day session, the S&P 500 fell into correction territory while the Russell 2000 fel...