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NIO Stock Price Jumps on Upgrade from Citigroup

NIO Stock Price Jumps on Upgrade from Citigroup

Nothing seems to slow down accelerating shares of Nio Inc. (NIO). Over the last few weeks, the NIO stock jumped from $12 to $28.48 and could push even higher on upgrades, and impressive deliveries.  Citigroup analyst Jeff Chung for example just upgraded NIO’s stock to the equivalent of a buy rating, according to Barron’s, form […]

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JNJ Stock Price Knocked Down On COVID Vaccine Halt

Shares of Johnson & Johnson (JNJ) were knocked down this week on news of a COVID vaccine halt.  All after a participant fell ill.  This is now the second time JNJ has had to pause testing as it races towards a vaccine, says Bloomberg. “We’re going to have to get used to hearing these sorts […]

PLL Stock Price Up Four Fold In Less Than A Month

PLL Stock Price Up Four Fold In Less Than A Month

Shares of Piedmont Lithium (PLL) exploded again to a high of $49.95 after trading at just $8.79 in mid-September 2020. The stock is still running after signing a deal with Tesla to help secure lithium supply. “The deal is for five years of lithium-ore supply with an extension for another five years. Deliveries are expected to start […]

TSLA Announces Plan to Mine Lithium in Nevada

TSLA Announces Plan to Mine Lithium in Nevada

Lithium stocks, like Lithium Americas (LAC) came under pressure in recent days. All on news Tesla said it wants to be a lithium miner.  “There is a massive amount of [Lithium] pretty much everywhere,” Tesla (TSLA) CEO Elon Musk said, as quoted by Barron’s. His company is planning a new process to extract lithium from clay ores […]

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TSLA Stock Price Continues September Slide

Shares of Nike Inc. (NKE) exploded more than 12%, or $14.30 earlier this week. All after crushing earnings expectations. EPS of 95 cents easily beat expectations for 47 cents. Revenue of $10.59 billion was also far better than estimates for $9.15 billion. According to CNBC, “The company has used the coronavirus pandemic as an opportunity to accelerate […]

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Trading Current Volatility with VXX, TVIX, and UVXY

Chaos has resumed. There’s still no vaccine for the coronavirus. Lawmakers remain deadlocked over another round of stimulus, and now with weeks to go before the U.S. elections the U.S. Supreme Court’s Ruth Bader Ginsburg passed away, creating a fiery war of words between both parties over who will fill her seat and when. All […]